Wednesday, February 25, 2015

Passport to the Parkway Kick-Off Party

Looking for something fun to do? Love supporting the Lake of the Ozarks community? Don't miss the Passport to the Parkway Kick-Off Cocktail Party!

Passport to the Parkway was first introduced to the Lake of the Ozarks in the fall of 2014. It's an event designed to promote and encourage the local economy at the Lake of the Ozarks by bringing patrons together to support businesses all along the Osage Beach Parkway. As vested members of the Lake community, the team at Gattermeir Davidson Real Estate is excited to give you all the info on this upcoming event.

Passport To The Parkway Kick-Off Party

The kick-off event is designed to raise awareness and funds for this great event at the Lake of the Ozarks. Attendants will have an opportunity to participate in a silent auction, enjoy drinks and hors d'oeurves, listen to live music by Mitch Shields, and support our wonderful community. 
  • Passport to the Parkway Kick-Off Cocktail Party
  • Thursday, February 26th from 5:00 PM - 8:00 PM in the Red Room Lounge at J. Bruner's
  • Tickets are $10 in advance / $15 at the door
Tickets are on sale now and include a drink ticket and hors d'oeurves. For tickets or more information on the event, contact Kim Loehr at Interior Motifs by calling (573) 480-0686 or email obparkwaywest@gmail.com.

Passport To The Parkway Event

Save the date! Passport to the Parkway will return to Osage Beach, Missouri April 15th-30th, 2015. To participate, pick up a shopping bag filled with coupons for local Lake of the Ozarks businesses and your passports at any time during the event. Take your passport to the participating businesses to get it stamped. Every stamp serves as an entry into a drawing for fantastic prizes. Last year, prizes included a $500 Amazon gift card and a flat-screen TV!


Participating businesses represent a wide range of business sectors, including everything from restaurants to home decor to auto repairs. For a full list of this year's participating businesses, visit www.passporttotheparkway.com. To keep up with everything happening with Passport to the Parkway, follow them on Facebook at www.facebook.com/PassporttotheParkway.

The Lake of the Ozarks Community Is Second To None!

The Lake of the Ozarks is one of the most sought-after communities in the Midwest. If you are interested in becoming a permanent resident, our Lake Ozark real estate team can provide you with the resources you need to find your dream home at the Lake of the Ozarks.

Stay connected with Gattermeir Davidson Real Estate, LLC!

2011 REALTOR Salesperson of the Year
Missouri Association of Realtors

Gattermeir Davidson Real Estate, LLC
752 Bagnell Dam Blvd., Suite A
Lake Ozark, MO 65049

Office | 573.365.1555
Fax | 573.365.1766

Wednesday, February 18, 2015

What Should Your Home Do For You?

Buying a new home at the Lake of the Ozarks is a big step. Homes are major financial commitments, and moving typically requires a lot of effort on your part. Since you're giving so much of yourself into moving to the Lake of the Ozarks, it's only right that you find a home that will give a lot right back to you. 

With that in mind, what are some of the key factors you should look for when touring Lake of the Ozarks homes? What should your new home do for you?


Your Home Should Be A Welcoming Sanctuary After A Long Day
In a perfect world, we'd all have jobs that we loved in completely stress-free environments. Unfortunately, life is not usually that simple. Long, stressful days are sometimes unavoidable. Your new home should be a place you look forward to coming home to after a long day at work - a place to kick back and relax so you can face a new day tomorrow.

Your Home Should Be A Place To Raise A Family
It's all part of the American Dream, right? A good job, a loving husband/wife, a great house, and beautiful children. While not every couple wants to have children, it's always a good idea to buy a new home with that possibility in the back of your mind. Life tends to have a mind of its own, and never hurts to be prepared!

Your Home Should Reflect Who You Are
Your home, especially when it comes to your interior decorating choices, should reflect who you are. If you love being outdoors, go for a home with a rustic theme. If you enjoy the finer things in life, treat yourself to one of the coveted luxury homes at the Lake of the Ozarks. When buying a home, make sure the layout and design matches your and your family's lifestyle.


Your Home Should Be A Place To Entertain Friends And Family
There's a unique sense of pride that comes from welcoming friends and family members into your home for the holidays, a game night, or dinner. As you tour potential new homes for you in your family, ask yourself if they have a place to spend time with the people you care about most.

Your Home Should Be A Place To Get Away From It All
Sometimes life can be overwhelming. When your in-laws or projects at work are bringing you down, your home should be a place to hide yourself away from the stress in the real world. Strive to find a home that makes you feel comfortable, safe, and protected.

Your Home Should Be A Place To Build Traditions
What is one of the best things about family? Family traditions, of course! These traditions are unique to everyone, reflecting each family's own values and beliefs. Finding the perfect home for your family is about finding the right place to build your family's own traditions.

Get Started Today
Your family's dream home could already be on the market - don't wait and risk losing it to another buyer! If you're reading to buy a second home or relocate to the Lake of the Ozarks, contact Gattermeir Davidson Real Estate to help find your dream home.

Stay connected with Gattermeir Davidson Real Estate, LLC!

2011 REALTOR Salesperson of the Year
Missouri Association of Realtors

Gattermeir Davidson Real Estate, LLC
752 Bagnell Dam Blvd., Suite A
Lake Ozark, MO 65049

Office | 573.365.1555
Fax | 573.365.1766

Wednesday, February 11, 2015

5 Questions To Ask Yourself Before Buying Your First Home

Are you thinking about buying your first home at the Lake of the Ozarks? Congratulations! Buying your first home is a big step, and it's incredibly exciting. As experienced real estate agents at the Lake, we have learned a few tricks that can make the process of buying your first home much easier. If you're getting ready to buy your first home, ask yourself these questions.


Where do you see yourself in five years?
This isn't just an interview question. Before you can find your perfect first home at the Lake, you have to understand what your long term homeownership goals are. Will you raise children in that house? Do you plan on moving again in a few years? The length of time you plan to spend in your first home will determine how big of a house you need and what type of mortgage loan you may want to try for, to just name a few factors.

What factors are non-negotiable?
The odds of finding a home that meets every single one of your desired criteria are slim, so buying a home often requires compromise. Before you can find a good compromise, though, you must first identify which factors are non-negotiable. Do you have children that need their own bedrooms? Are you willing to all share a bathroom, or does your home need to have at least two? Once you identify your future home's must-have qualities, you will be able to begin your search.

What size mortgage loan can you qualify for?
Before you begin actively searching for your first home, do yourself a favor and talk to a mortgage lender. There are two steps that must be completed before you can be fully approved for a mortgage loan: prequalification and preapproval.
  • Being prequalified means you have talked to a mortgage lender and he/she has provided a written statement that he/she believes you will qualify for a certain loan amount, based on the information you provided.
  • Being preapproved means that you have submitted an official mortgage application, that your mortgage lender has investigated proof of your income, total financial assets, and outstanding debts, and that your lender has provided a written statement he/she they believe you will be able to receive a loan for 'x' amount.
Because it is more involved, being preapproved carries much more weight in the real estate market. Not only will you have a realistic idea of what price you'll be able to afford - sellers will realize that you are serious about buying and will likely be more accommodating.

How much house can you actually afford?
Unfortunately, the mortgage loan you qualify for and the amount of house you can actually afford to purchase are not always the same thing. In order to approve you for a loan, lenders only look at your debt-to-income ratio and how your new mortgage payment will affect it. Owning your own home comes with lots of extra expenses that your lender will not consider, however. The bigger the home, the more your monthly electricity bill will be. Home repairs come unexpectedly and can be quite costly. It's important to take a critical look at your monthly income and your anticipated (and unanticipated) expenses to see how much you will be able to truly afford.

What's the resale value of your potential home?
Even if you don't plan on selling your home for many years, it's always important to consider the resale value. You never know when your life may take an unexpected turn and you will have to sell. Even if you don't sell the home, your children may decide to sell it someday. Location has a huge impact on resale value, as does the quality of the home's interior features and its curb appeal. Will there be ways that you can increase your home's value while you live there? 

Gattermeir Davidson Can Help!
Don't attempt to buy your first home alone. Having a dedicated real estate agent on your side to guide you through the process makes a world of difference. If you're ready to begin your Lake of the Ozarks home search, give us a call! 

Stay connected with Gattermeir Davidson Real Estate, LLC!

2011 REALTOR Salesperson of the Year
Missouri Association of Realtors

Gattermeir Davidson Real Estate, LLC
752 Bagnell Dam Blvd., Suite A
Lake Ozark, MO 65049

Office | 573.365.1555
Fax | 573.365.1766

Monday, February 2, 2015

Beautiful Home For Sale in Lake Ozark!

It's time. 

Time to treat yourself to your dream home at the Lake of the Ozarks. Time to start a brand new life in an incredible new home that is perfect for you and your family.

Gattermeir Davidson Real Estate is here to help you in your search! This fantastic home is located on Cherokee Rd in Lake Ozark, and it could be exactly what you've been looking for.


Single-Family Home For Sale in Lake Ozark - $329,000

This is an impressive home with an equally impressive view. Situated on the 4 mile marker, this property comes with approximately 50 feet of waterfront and a covered 1-well dock, complete with 2 storage lockers and a 4,000 lb lift. The current owners have lovingly cared for this property, but now they are ready (and MOTIVATED) to sell. 

Cherokee Home - Quick Stats
  • 2,466 Square Feet
  • 3 Bedrooms
  • 2 Full Bathrooms
  • 2-Car Carport

Cherokee Home - Bonus Features
  • Spacious master bedroom
  • 5-piece master bathroom
  • Beautiful great room with 16' vaulted ceiling
  • Steps and tram down to the lake
  • Jetted tub 
  • Walk-in shower
  • Bonus loft room
  • Huge man cave with shelving and work benches
  • Martini deck

Schedule a Showing with Gattermeir Davidson

Do you think this could be the perfect home for you and your family? Contact the Gattermeir Davidson Real Estate team to schedule a showing of this waterfront home for sale in Lake Ozark today!

Stay connected with Gattermeir Davidson Real Estate, LLC!

2011 REALTOR Salesperson of the Year
Missouri Association of Realtors

Gattermeir Davidson Real Estate, LLC
752 Bagnell Dam Blvd., Suite A
Lake Ozark, MO 65049

Office | 573.365.1555
Fax | 573.365.1766

Friday, January 30, 2015

5 Home Buying Mistakes To Avoid

Buying a home is a very exciting event, but it unfortunately comes with its fair share of pitfalls. Inexperienced home buyers may fall victim to common mistakes that can create added stress and frustration down the road. If you're getting ready to buy your first home at the Lake of the Ozarks, the team at Gattermeir Davidson Real Estate can help you avoid these pitfalls.


Mistake #1: Not Getting Preapproved
It's very common for first time home buyers to want to jump straight into touring different homes, before talking to a mortgage lender. When they do this, though, home buyers can get their hearts set on a certain property before they know for sure if they will be able to afford it. Do yourself (and your agent) a favor by getting preapproved for a home loan first so you will only visit homes you know you will be able to realistically consider buying.

Mistake #2: Spending Beyond Your Means
There can be a big difference between the size of loan you can qualify for and the size of loan you should actually get. Before you get too far in your home search, track your income and your spending for at least two to three months. Once you have an accurate picture of where your money is going and how much you have left at the end of the month, you'll be able to determine what monthly payment makes sense for your budget.

Mistake #3: Overlooking Hidden Costs
If you're a first time home buyer, you may not realize that the asking price is not the only cost you will have to cover when buying a home at the Lake. You will also have to pay for the home inspection and the home appraisal. Once you've purchased the home, your mortgage payment is not the only payment you'll have to make. Home insurance, property taxes, homeowner association dues, and home repairs can add up very quickly. Before buying a home, talk to your Lake of the Ozarks real estate agent to get an idea of what other costs you will have to cover as a homeowner.

Mistake #4: Getting Your Heart Set On A Home
It's easy to understand why home buyers get their hearts set on a piece of property before its officially theirs. Just because you've put in an offer and the sellers have accepted it, though, does not guarantee that the home will be yours. Information revealed in the home inspection or hitches in your loan approval process can cause the contract to become void. While it's certainly easier said than done, we encourage you to try not to become emotionally attached to a property until the sale is complete.

Mistake #5: Not Knowing The Area
Keep in mind that when you buy a home, you also buy a piece of the surrounding neighborhood, suburb, and/or city. You don't want to move into your brand new home and then find out that you now belong to a subdivision with strict rules regarding what you can and cannot do with your property, or that the sheriff's office is just down the street and you can hear sirens wailing at all hours of the night. Save yourself unnecessary stress down the road by talking to the new property's neighbors and your real estate agent to learn more about your future home's surroundings.

Gattermeir Davidson Real Estate can help you avoid these mistakes! If you're thinking about buying a home in the next few months, contact one of our experienced real estate agents. We would love to help you find the home of your dreams! 

Stay connected with Gattermeir Davidson Real Estate, LLC!

2011 REALTOR Salesperson of the Year
Missouri Association of Realtors

Gattermeir Davidson Real Estate, LLC
752 Bagnell Dam Blvd., Suite A
Lake Ozark, MO 65049

Office | 573.365.1555
Fax | 573.365.1766

Friday, January 23, 2015

USDA Home Loans

If you haven't looked into the real estate market at the Lake of the Ozarks in several years, you probably think that you still need a 20% down payment to buy a home. Nowadays, however, that simply isn't the case. There are now some loan options that allow you to buy a Lake of the Ozarks home with a 5% down payment - and even a 0% down payment.

Yes, you read that correctly. USDA offers a home loan program that will provide 100% financing.


USDA Home Loan Background Information

USDA mortgage loans are designed to make home ownership accessible to low- to moderate-income families in rural areas. Luckily for you, the USDA defines "rural" in such a way that most homes in Camden, Miller, and Morgan counties qualify. Depending on your household income, you may be eligible for 100% financing (and lower interest rates) the next time you buy a home at the Lake of the Ozarks.

Benefits of a USDA Home Loan

USDA home loans allow you to finance 100% of your home. You can even add the cost of the mortgage insurance fee that USDA requires and eligible home repairs into the total loan amount. By adding these extra costs into the total amount of the loan, you are able to save money on closing costs and other upfront expenses associated with buying a home.

Thanks to their below average insurance rates, USDA home loans are very affordable. They are structured very similarly to conventional loans (monthly payments toward a 30-year mortgage are standard), but they do not charge the same fees of conventional loans. For example, if you take out a conventional loan with less than 20% down, you will be required to pay for private mortgage insurance (PMI) until you've paid back 20% of the principle. Instead of this conventional PMI practice, USDA assesses a one-time 2% fee of the total loan upfront (which can also be financed through the loan) and a 0.4% annual fee. As you pay back your loan and your principle decreases, then, so will your annual fee.


USDA Home Loan Qualifications

In order to qualify for a USDA home loan, you must meet two primary requirements:
  • The property must be in a USDA-eligible area
  • The buyers' household income must not be greater than 115% of the area's average income
A mortgage lender can help you determine whether or not you meet these criteria. You can also go to this website and search your property address to see if it meets the rural qualifications. 

By the way, you only have to meet the above income requirements when you take out the loan. There is no problem with increasing your income after you have begun making payments on the loan.

Gattermeir Davidson Can Help You Find Your Dream Home!

Buying real estate at the Lake of the Ozarks is more affordable than you think. If you and your family are ready to purchase a new home, come see us at Gattermeir Davidson Real Estate. We would love to work with you to find your dream home!

Stay connected with Gattermeir Davidson Real Estate, LLC!

2011 REALTOR Salesperson of the Year
Missouri Association of Realtors

Gattermeir Davidson Real Estate, LLC
752 Bagnell Dam Blvd., Suite A
Lake Ozark, MO 65049

Office | 573.365.1555
Fax | 573.365.1766

Friday, January 16, 2015

Using Social Media to Sell Your Home - 6 Tips

Let's face it: social media has become a huge part of our everyday lives. Most people check their Facebook or Twitter feeds several times per day, constantly absorbing more information about the world and their community. The good news for you is that you can use this increased reliance on social media to sell your home at the Lake of the Ozarks! As your trusted Lake Realtors, the team at Gattermeir Davidson is here to provide you with social media strategies for selling your home.




Tip #1: Use Your Personal Accounts

The first (and probably biggest) resource you should turn to is your own personal social media network. Post on your personal Facebook, Twitter, Instagram, and other social media accounts that you are selling your home, and encourage your friends and followers to pass the word along. Before you know it, your mom's uncle's friend's brother might show up asking for a tour of your home!

A word of advice: while it's important to take advantage of your personal networks, be careful not to over-post about your home. Posting too frequently may cause your friends to get annoyed with all of your updates about your home, and they may be less inclined to help you. 


Tip #2: Upload Video Tours

Video has become the content format of choice. The videos do not need to be professionally done - filming a simple walk-through of your home on your smart phone can be just as effective. Videos are interactive, attention-grabbing, and great tools to help generate interest in your home.


Tip #3: Upload Photos

Create a Facebook album filled with photographs of your home. No one will buy a home based solely on a verbal description - prospective home buyers want to see detailed photographs of the home. Upload photos of your kitchen, living room(s), bathrooms, bedrooms, the view, and any other unique features and prominent selling points of your home.

You can encourage your Facebook friends to share your album so it will reach more people. If you're going to do that, though, make sure the album's privacy settings are set so that everyone can view the album. 


Tip #4: Post About Your Neighborhood

When people buy homes at the Lake of the Ozarks, they're not just buying that particular piece of property. They're also buying a piece of the neighborhood and surrounding community. Generate more interest in your home by posting information about your neighborhood and any local events you have enjoyed attending. This added information will likely make your home much more appealing to prospective buyers.


Tip #5: Create Facebook Events For Your Open House


Have you and your Realtor set a date for an open house? Create a Facebook event for it, and invite everyone on your friends list. In the event description, describe the highlights of your home and ask your attendees to invite anyone else they know who might be interested in buying a house. 


Tip #6: Ask Gattermeir Davidson For Help!


These tactics you can use on your own are great, but they don't have to stop there. Teaming up with a professional real estate agency at the Lake of the Ozarks can help you get the word out about your home even faster. Gattermeir Davidson Real Estate has an extensive social media network that can help expand your reach. If you're thinking about selling your home at the Lake, we would love to talk with you!

Stay connected with Gattermeir Davidson Real Estate, LLC!

2011 REALTOR Salesperson of the Year
Missouri Association of Realtors

Gattermeir Davidson Real Estate, LLC
752 Bagnell Dam Blvd., Suite A
Lake Ozark, MO 65049

Office | 573.365.1555
Fax | 573.365.1766