Showing posts from May, 2018

5 Common Mistakes First-Time Buyers Make

As a first-time homebuyer, there are many things you will need to do when buying a home at the Lake of the Ozarks . By hiring an experienced agent, you'll have a helping hand to handle the many tasks that are bound to arise. While there are things you definitely should do as a first-time buyer, there are several things you SHOULDN'T do as well! Keep in mind that no deal is final until it's done. Here are a few things you should NOT do while trying to buy your first home. 1. Don't Buy the First Home You Fall in Love With Chances are, you'll be super eager to find a home and get the show on the road. You may walk into the first house on your list and get the warm and fuzzies and feel like this is the one. However, pulling the trigger without shopping all of your options could mean that you're setting yourself up to either pay a lot more than necessary or to find your real dream home shortly after buying. Take time to view all of your options and to be thorou

Importance of Completing a Seller's Disclosure in it's Entirety

As a homeowner trying to sell a home , there are many forms that you'll be requested to complete by your agent to ensure your listing is as accurate as possible. One of these forms is the seller's disclosure form. This is a statement that discloses important or relevant information to a real property buyer. In real estate disclosure, a seller has to disclose to a buyer the latent defects in the property. While many people may not see the importance of completing this document in its entirety, we're discussing why your completion of this form is an essential part of the listing process. Take a look: Provides the Buyer with a Sense of Security A disclosure statement that is barely filled in can raise some serious red flags for buyers. They may either think the seller is uninformed about the property or trying to cover up something. Make it a point to sit down and thoroughly fill out your disclosure statement. Use this opportunity to convey your knowledge about the prope

3 Essential Spring Staging Tips Before Listing Your Home For Sale

As a  Lake of the Ozarks homeowner , there are several things that you can do to prepare your home in advance if you're considering listing it for sale this spring. Some of the items that should be addressed aren't always at the top of mind though. So this week, we've decided to compile 3 essential spring staging tips for you to accomplish before listing your home for sale this spring. Start by Spring Cleaning Scrub your home until it sparkles – and don't forget the windows, treatments and trim! Pull all furnishings out and clean underneath and behind them. Focus on areas that you typically don't touch when cleaning on a daily basis: baseboards, air registers, corners collecting cobwebs, cabinets and shelves collecting dust, etc. If it's been a hot minute since you last cleaned your carpet, now would be a great time to hire a professional carpet cleaner. Another thing many people forget about is to replace furnace filters and clean out air ducts. Deperso

How Does Your Credit Score Affect Your Ability to Buy?

When you start looking at buying a home at the Lake of the Ozarks , there are several things to consider. First and foremost, how much can you afford and how will you pay for it? Chances are you'll require a mortgage to cover the cost of buying that dream home. Your credit score, as well as the information on your credit report, are key ingredients in determining whether you’ll be able to get a mortgage, and the rate you’ll pay. A higher credit score reflects a better credit history and can make you eligible for lower interest rates. With that said, we're sharing with you why your credit score affects your ability to buy a home and what you can do to improve yours. Understanding Your Credit Score A credit score is a statistical number that evaluates a consumer's creditworthiness and is based on credit history. Lenders use credit scores to evaluate the probability that an individual will repay his or her debts. A person's credit score ranges from 300 to 850, and th

5 Benefits of Buying Investment Property

If you've considered  buying a home at the Lake of the Ozarks  for investment purposes, you know that this is one of the biggest decisions you could ever make. Purchasing rental property is a great investment, but can also feel very stressful and overwhelming. But it doesn't have to be! There are tons of advantages to investing in real estate. And don't worry about going into becoming a real estate investor alone.  Team Andy Gibson  is ready to help guide you in the right direction. Let's start by taking a look at 5 benefits of buying investment property: 1. Steady Income The majority of people invest in real estate because it provides a steady cash flow in the form of rental income. This passive income is a huge incentive and can be a great starting point for building up a hefty retirement fund. And you do not have to stop at investing in one property at a time; you can pick up the pace and invest in multiple rental properties all at once to increase your positi