Lake of the Ozarks Real Estate

 Congress just passed and Obama has signed a significant extension of the Home Buyer Tax Credit. Notice I did not say First Time Home Buyer Tax  Credit. The new law includes Repeat Buyers. Move up Buyers that purchase by April 2010 may qualify. To see the FAQ's click HERE. As in the First Time Tax Credit it doesn't have to be ...

If you are looking to buy a house or condo any time soon, it is extremely important that your credit score is as high as possible. A lower score can cost you thousands more in higher interest and fees as well as it could possibly reduce your financing options. So what does influence your score? Payment History: 35% Impact Your payment history is ...

I received the following from a Lake lender Premier Bank. For those waiting for "The Bottom of the Market", with these kind of rates you can save a lot more money than if the market drops another 5 percent. Especially if the rates go up even 1% next year, as is very possible with increased inflation.***NOW IS THE TIME MORE THAN EVER THIS ...

With Prime rate at 4%, Home equity lines of credit for debt consolidation along with a lower interest rate first mortgage could save hundreds of dollars a month.$10,000 worth of credit card debt, rolled into a Home equity line of credit at 5% (prime +1) would only be $41.66 dollars a month.

First, let me say that I don't know whether we should have done this or not. Many highly placed and highly educated people told me and everyone else, that we did. That said, the first thing out of the box, I here there were hundreds of Millions in Pork Barrel spending added to the bill!!!! To me, that is beyond comprehension. First we are ...

California-based Realty Trac Inc. counts every foreclosure filing and has some very good news about the Foreclosure Market. The average number of foreclosures for the U.S. for August was 1/419, but this doesn't tell the complete story. Forty states had numbers that were better than 1/500. What does this mean? Banks anticipate a 1 to 2 ...

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 sold. The Bad News The Average price was $260,480. Down $8,000 or 3.2% Not Terrible The Days ...

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 were too many questionable loans made, due to the felling that prices will continue to go up ...

Now that both Fannie Mae and Freddie Mac are government backed, the investors are back! That means that interest rates will drop. Rates have already dropped today to below 6% and from what several lenders are telling me, by tomorrow the rates will be around 5.75%!!! That is a full per cent less than they were just a couple of weeks ago. What a ...

With the change in the demographics at Lake of the Ozarks, first time home buyers are becoming an ever more important part of our business. This tip is for you! The Housing and Economic Recovery Act of 2008 authorizes a $7,500 tax credit to qualified first time home buyers, purchasing a home after April 9, 2008 and before July 1, 2009. You ...