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Lake of the Ozarks Homes Closed in September

In September 2008 there were 98 homes closed in the Bagnell Dam Board of Realtors The Average price was $252,215 and the average Days on the Market was 121. How does that compare with 2007. Well good and bad. In September of 2007 there were 152 homes

What is going on with Mortgages?

We met this week with a regional director for Wells Fargo in order to try and get a handle on what is going on in Washington and how it will effect us all. Without putting blame anywhere, as I understand it, the "Crisis" occured because there

How to handle your vacation home so you can do a 1031 exchange

As most of you know, the 1031 Exchange was put in place to encourage the purchase and sale of commercial and investment real estate. As such, your lake home normally does not qualify. The rules say any residence used for personal use more than 14 days