Showing posts from September, 2020

3 Finance Items to Handle BEFORE Shopping Homes

When starting the process of  buying a home at the Lake of the Ozarks , it's important to not get ahead of yourself and secure your finances before you start looking for a home. If you don't have your finances in order before you start looking, you risk making a rushed decision on your mortgage which could cost you a higher interest rate or you may find your dream home and not be able to make an offer because you don't have your finances squared away. Read on to get some advice from the  Fran Campbell Team  for dealing with your finances for  purchasing a home at the Lake of the Ozarks . 1. Get Pre-Approved The last thing you want to do is fall in love with a home that you can't afford. That's why it's so important to know what your budget is before you start looking at homes. You can avoid a lot of wasted time and energy by getting pre-approved so you have an idea of what lenders will loan to you. This will help you and your agent pinpoint homes within your bud

Get Handy with Our Fall Home Maintenance Checklist!

Whether you are currently a homeowner, or in the market to purchase a home very soon, Fall is a great time of year to do some seasonal maintenance on your home. Keeping up with necessary home maintenance each year helps to keep your home in tip-top shape. Read on to get a handy list from the  Fran Campbell Team  for your fall home maintenance checklist. Reverse Your Ceiling Fan By remembering to reverse your ceiling fan, you can redistribute the warm air from the ceiling back down to your living space. Cover Your Air Conditioners Vacuuming out the internal parts of your air conditioners and then covering them with an appropriate cover can help your unit last longer and protect it from the elements. If you have a window unit, you can take them out or cover them up according to their instructions. Caulk Windows One of your main goals through the winter will be to retain heat and keep the cold out. One of the most cost-effective ways to do this is by caulking the windows and doors. Inspec

8 Loan Programs for First Time Homebuyers

As a first time homebuyer,  buying a home at the Lake of the Ozarks  is a very exciting time. It can also be a very stressful time - especially when you're trying to figure out your financing options. For those who don't have the best credit or a lot of money saved back to put toward a down payment, buying a home can seem impossible. Fortunately, there are several programs available to first time buyers that provide them with  great mortgage opportunities . This week, we'll look at 8 common lender programs that help first time homebuyers get into their first home: 1. FHA loan Best for: Buyers with low credit and smaller down payments Insured by the Federal Housing Administration, FHA loans typically come with smaller down payments and lower credit score requirements than most conventional loans. First-time homebuyers can buy a home with a minimum credit score of 580 and as little as 3.5 percent down or a credit score of 500 to 579 with at least 10 percent down. Unfortunatel

Real Estate Investing: Here's What You Need to Know

Investing in a condo, apartment, or single family home  can have big potential, and can be a great way to plan for your future. As such, buying any property should be approached as any significant investment, requiring focus, diligence and careful research into local property, economic and demographic trends. Let's learn a little about what investing in these types of properties entails: What are the differences between condos and single-family homes? Using appreciation as a measure, condominiums in some areas have been as profitable an investment as single-family homes in the past five years. And in some markets, condos appreciated even more, according to some experts. While single-family homes have been the preferred investment by homebuyers, changing demographics are helping make condos more popular, especially among single homebuyers, empty nesters and first-time buyers in high-priced markets. Also, the condominium community has worked hard in the last few years to overcome ima