Tuesday, May 19, 2015

Memorial Day Weekend / National Safe Boating Week

Memorial Day Weekend is almost here! If you've ever been around the Lake of the Ozarks before, you know that Memorial Day is largely regarded as the official start to the summer season at the Lake - and we always have the crowds to prove it!

This weekend, the water will be packed with boats belonging to both tourists and locals alike. It is probably no coincidence that this week, May 16-22, is also National Safe Boating Week 2015. As you prepare for a fun-filled weekend (and entire summer season) on the water, the team at Gattermeir Davidson Real Estate wants to remind you to be careful. Here are a few safety tips to keep in mind!


Always Wear A Life Jacket
It is estimated that fully 80% of the water-related deaths that occurred last year could have been prevented if the victims had been wearing properly fitting life jackets. Boating accidents can happen in a split-second, but wearing a life jacket can give rescuers time to save you. Life jackets are important for everyone, but they are especially critical for those engaging in high-speed activities (such as tubing, skiing, or wake boarding) and for those who are not strong swimmers.

Always Have A Designated Lookout
Have you ever noticed that the boat's steering wheel is almost always located towards the back of the vessel? This can make it difficult for the captain to see directly in front of the boat. Designate a "first mate" to keep watch at the front of the boat and to help the driver spot swimmers, logs or other floating debris, and other boats.

Always Have A Designated Driver
No matter what you're doing, having alcohol in your system impairs your motor skills and slows down your reaction time. Consequently, it is just as critical that you have a designated driver on the water as it is that you have one on land. If there will be alcohol on board, make sure you take the time to designate a captain before heading out.

Always Have A Red Or Orange Flag With You
Have you ever seen a boater holding a red or orange flag in the air? This flag signals that people are in the water. This is especially important for boats towing someone on water skis or an inner tube, as it is quite possible that the rider will fall off into the water at some point. The flag will catch other boaters' attention and warn them to watch out for swimmers.

And Finally... Always HAVE FUN!
It's important to always be alert and follow standard safety measures and precautions, but that doesn't mean you can't have fun while you're doing it! Summertime at the Lake is all about letting loose and having a good time. On behalf of all of our Lake of the Ozarks real estate agents, we hope you and your family have a truly wonderful Memorial Day Weekend!

If you have so much this weekend that you never want it to end, consider making a weekend at the the Lake a consistent part of your summer! Give us a call to schedule some showings of a few condos for sale at the Lake of the Ozarks. We would love to help you become a part of our great community!

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, May 13, 2015

Why Do You Need A Home Inspection?

A you...
  • Purchase a vehicle without taking it for a test drive?
  • Buy an expensive dress or suit without trying it on?
  • Purchase a boat without making sure everything worked?
Most of us would answer "no" to every single one of these questions. Most people tend to be fairly cautious with big purchases, and rightly so. When there are so many dollars at stake, it's important to make sure that you know exactly what you're getting and that you know it will work well for its intended purposes. Buying a home at the Lake of the Ozarks is the same way; you should not buy a home without first getting a professional home inspection. The inspection report will give you important insight on the current working conditions of everything in the home.


A Home Inspection Will Examine Every Part Of The Home

A professional, high-quality home inspection will carefully examine every single part of the home for sale at the Lake of the Ozarks, both interior and exterior. For example, the home inspector will evaluate the:
  • Roof
  • Foundation
  • Exterior Walls
  • Grading Around The Home
  • Electric Wiring
  • HVAC System
  • Water Heater
  • Plumbing
  • Fire Safety
  • Bathrooms
  • And More
Keep in mind that the home inspection can only identify problems based on visual cues, so the home inspector cannot guarantee to find every potential issue in the home. However, an experienced inspector will be able to give you invaluable insight into the current state of the home.

A Home Inspection Can Highlight Current Problems

You may have walked through the home several times, but that doesn't mean you've had the chance to identify every potential problem with the home. The professional home inspection will bring to light any current issues that may need immediate attention in the home. For example, the deck may not be properly affixed to the house and could pose a serious safety risk, or the HVAC system may not have been properly installed and could require some costly repairs.

By making all involved parties aware of these potential problems before closing, the buyers and sellers can come to an agreement on how best to proceed. Often, the buyers may require that the sellers fix certain issues before closing (or that they provide the buyers with the money to do so).


A Home Inspection Can Identify Future Potential Issues

When you purchase a home at the Lake of the Ozarks, you are most likely doing so because you plan on living there for several years. Consequently, you want to be confident that your new home will last you for many, many years - not just the immediate future. A proper home inspection will be able to highlight certain areas that may not pose a problem now, but that could develop into problem areas if left unattended. 

These types of potential issues that could arise in the future do not typically impact the closing on the home, but it is still crucial that the buyer be made aware of them. Once the sale has closed and the new owners are settled in, they may wish to take precautionary measures to prevent these problems from arising down the road.

Other Real Estate Questions? Give Us A Call!
Do you have questions about real estate at the Lake of the Ozarks? Give us a call! The Gattermeir Davidson Real Estate team is here to make the process of buying and selling homes easier for each and every one of our clients. We look forward to working 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

Friday, May 8, 2015

5 Unexpected Health Benefits of Houseplants

Did you know? House plants aren't just good for their aesthetic purposes - they have some pretty impressive health benefits as well! Research has shown that placing houseplants all throughout your home at the Lake of the Ozarks can have incredibly positive effects on your health and your mental well-being (and they can be great home staging tools!). Here is a quick overview of some of the unexpected benefits of houseplants.


1. Houseplants Increase Oxygen Levels
When humans inhale and exhale, they breathe in oxygen and breathe out carbon dioxide. During the process of photosynthesis, however, plants actually "breathe in" carbon dioxide and "breathe out" oxygen, thus raising the oxygen levels in your home. Having more oxygen in the air you breathe can have a number of positive health benefits, such as:
  • Reducing Headaches
  • Counteracting Insomnia
  • Improving Sleep
Did you know that simply having more oxygen at your disposal could make such a difference?

2. Houseplants Clean The Air
Allergies and colds often result from microscopic toxins floating around in the air. Houseplants actually remove these toxins from the air as they absorb chemicals such as carbon monoxide and even formaldehyde. Breathing in fresh, clean air can have marvelous effects on your family's health.

3. Houseplants Can Help Combat Allergies
Having plants in your living space can actually cut down on your allergies. For adults who have only recently begun to spend consistent time around plants, this is mainly thanks to their cleansing properties. For children who are raised in an environment with plants, this is thanks to their cleansing properties and the fact that being around allergens from a young age can help build up your immune system.

4. Houseplants Increase Humidity Levels
Some people complain about increased humidity levels, but having sufficient moisture in the air has enormous health benefits. People living and breathing in humid air have been shown to experience less dry skin and fewer colds, dry coughs, and sore throats.

5. Houseplants Promote Happiness And Healing
Even the experts can't quite explain this one, but multiple studies have nonetheless shown that having plants in your environment make people happier and help them to heal more quickly. Taking care of plants has been shown to have an especially positive impact on both mental and physical well-being.

Don't Forget To Include Houseplants In Your Staging Strategy!
With so many wonderful benefits, it's no surprise that houseplants around your home should be a staple in your home staging efforts! If you'd like more tips for successfully selling your Lake of the Ozarks home, give the Gattermeir Davidson Real Estate team a call. We would love to help you out with the process!

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, May 1, 2015

What Is The Best Time Of the Month To Close?

You may not realize it if this is your first time buying a home at the Lake of the Ozarks, but the time of month that you close on your home can have a significant impact on your finances. There is no "right" or "wrong" time of the month to close, but your desired closing date should match your financial needs. Our Lake of the Ozarks real estate agents are here to help you weigh the pros and cons.


Reduced Closing Costs

If you're looking to save as much money at closing as possible, closing at the end of the month will probably be your best bet. You won't be making your first mortgage payment at closing, but you will be required to pay interest for every day that you own the home. If you close on May 28th, you would only have to pay interest for four days (28th, 29th, 30th, and 31st). If you close in the beginning of the month, on the other hand, you will have to pay several more days' worth of interest. 

Closing at the end of the month will drastically reduce the amount of money you owe up front, so this could be a good financial move if you're looking to keep closing costs down.

Time Until The First Mortgage Payment

If you want to buy yourself some extra time before your first mortgage payment is due, you may want to consider closing at the beginning of the month. You will owe more interest at closing, but you will get to wait longer before making your first mortgage payment.

Unlike rent, mortgages are paid in arrears. If you close on May 28th, your first mortgage payment will be due July 1. (You pay for the remaining days of May at closing, and your July 1st payment covers the month of June.) If your closing date is moved up to June 3rd, however, your first mortgage payment will not be due until August 1. 

If you can afford higher closing costs, then closing earlier in the month will buy you extra time until your first mortgage payment is due.

Which One Is Right For You?

Ultimately, you're not really "saving" money by moving your closing date up or pushing it back. Determining which time of the month to close really boils down to your specific cash flow needs. f you want to keep your closing costs low, close at the end of the month. If you want to wait longer before making your first official mortgage payment, close at the beginning of the month.

Questions? Contact Our Team!
The Gattermeir Davidson Real Estate team is ready and waiting to help you with all of your real estate needs. If you have questions about moving or relocating to the Lake of the Ozarks, remember that we're only a phone call away!

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, April 22, 2015

5 Tricks To Make Your Home More Eco-Friendly

When is the last time you stopped to think about what an incredible area we live in? The Lake of the Ozarks is known for being one of the most scenic and most beautiful places in the Midwest, and people travel from all over the surrounding states to come here.



The team at Gattermeir Davidson Real Estate wants to take a quick second to remind you how important it is to keep our Lake and our land healthy and beautiful. In honor of Earth Day, we put together a few simple tips to make your homes more eco-friendly. We hope you find them helpful!

1. Close In The Gaps
In the spring and summer, cool air escapes through the cracks and your air conditioner has to work overtime to keep your house at a comfortable temperature. In the fall and winter, your heater has to work harder as well. Making sure doors and windows seal tightly is a great way to reduce your energy usage.

2. Go Paperless
Statements, bills, and other mail has a way of piling up and filling our landfills more quickly than we realize. You can do your part by going online and signing up for paperless statements from your bank, credit card providers, and utility companies.

3. Updates Your Light Fixtures
Did you know that LED lights are up to 75% more energy efficient than standard incandescent bulbs? Reduce your environmental footprint as well as your electric bill by switching to LED lights.

4. Soak Up The Sun
If you have extra money to put towards an energy-saving investment, then it may be time to consider installing solar panels on your roof. Using energy from the sun can significantly reduce the amount of standard electricity you have to use.



5. Maximize Efficiency
When is the last time you updated your kitchen appliances? Outdated dishwashers, refrigerators, and other appliances use significantly more energy than their modern counterparts. As an added bonus, upgraded kitchen appliances are a great way to add value to your Lake of the Ozarks homes.

Happy Earth Day From Gattermeir Davidson!
Saving the Earth may seem like a lofty goal, but it's possible if we all do our part to improve our part of the world. If you are interested in moving to a new home at the Lake of the Ozarks - perhaps one that works better with your energy-efficient mindset - then come talk to one of our Lake Ozark real estate agents. We look forward to working 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

Thursday, April 16, 2015

Tips To Make Closing On Your Home A Breeze

You made it! You've spent hours researching properties and local area information, touring homes, and calculating how much you can afford for a monthly payment. You've found a home for sale at the Lake of the Ozarks that you absolutely love, you've negotiated with the sellers to find a price you're both happy with, and you've been approved for your mortgage loan. There's only one last step in front of you now - closing!


At closing, you'll meet with your Lake of the Ozarks real estate agent, your mortgage lender, your title company, and possibly the sellers (if you and the sellers are both in the area) to finalize the sale. Here are some tips to keep in your back pocket that will make the closing process that much easier!

Make Sure Your Paperwork Is In Order Ahead Of Time

As the buyer, putting together all of the paperwork will not be your responsibility - but is a good idea to touch base with your title company, your REALTOR®, and your mortgage lender to make sure that they have all the information that they need. You should be able to get copies of your documents ahead of time, too, to make sure that all the information is accurate and that everything is spelled correctly.

Make Sure You Have Money For Your Closing Costs

Closing costs and your down payment will all be paid at closing. Your mortgage lender will be able to tell you how much the total you owe at closing will be ahead of time, so you will have time to check the money in your accounts. Bring a checkbook and be prepared to write the check for both of these costs at your closing.


Make Sure The Home Is Move-In Ready

After closing, your new property will be your complete responsibility. Before you close, then, you should take the time ensure that all agreed-upon repairs have been made, that all of the seller's belongings are out of the house, and that the home is completely ready for you and your family to move into. You'll have the chance to double-check all of these things at your final walk-through. If you have questions about this process, see our earlier blog for tips on conducting a successful final walk-through.

See You At Closing!

Are you ready to buy a new home at the Lake of the Ozarks? The team at Gattermeir Davidson Real Estate would love to help you find the perfect home for you. We promise to be there for you along every step of the way - we won't rest until you are happily tucked into your new 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, April 10, 2015

Why Do People Refinance Their Home Loans?

You're probably familiar with the concept of buying a home, but what about the concept of refinancing a home loan? Refinancing a mortgage loan is essentially the process of taking out a new loan to pay off your old loan, and people choose to do this for several different reasons. Here are a few examples of reasons why people might choose to refinance their homes at the Lake of the Ozarks.


Getting A Lower Interest Rate
This is often the first reason that comes to mind when people think about refinancing their mortgages. If interest rates have dropped significantly since you purchased your home, refinancing and locking in a lower interest rate may save you a significant amount of money in the long run.

Locking In A Stable Interest Rate
Say you purchased your home thinking that you would only be there for a few years, so you went with an ARM (adjustable rate mortgage). ARM loans have a fixed interest rate for the first few years, and then the interest rate adjusts to reflects the current rates. If you are planning on staying in the same place, refinancing could prevent your interest rate from rising down the road.

Converting To An Adjustable Rate Mortgage
On the other end of the spectrum, some homeowners may decide they won't stay in their home for as long as they originally thought, and they may decide to switch to an ARM in order to get a lower interest rate for the few years they stay in their home. 

Shortening The Term Of Your Mortgage Loan
The longer the term of the loan, the lower the monthly payments typically are. If you were not as financially comfortable when you purchased your home as you are now, you may have opted for a longer loan term in order to afford the monthly payment. Shorter terms often mean less total interest, though, so converting to a shorter term could be a good move if you can afford the higher monthly payment.

Lowering Your Monthly Payment
Depending on how much lower your new interest rate is compared to your original one, your monthly mortgage payment may decrease significantly. If you are counting dollars every month, having a lower payment can make a huge difference.

Securing Extra Cash
One form of refinancing is known as "cash-out financing," which involves taking out a loan for more than you presently owe on your house and pocketing the difference in cash. Some people do this when find themselves in need of extra money for any number of reasons, including home renovations, a child's college education, paying off other debts, buying other properties, or investing.

Weigh The Pros And Cons Before Refinancing
Refinancing can have some wonderful benefits, but it is a big decision and should not be made without careful consideration of all the potential drawbacks as well as the benefits. 

Looking For A Home At The Lake Of The Ozarks? Contact Gattermeir Davidson!
We are passionate about connecting buyers to their dream homes at the Lake. If you are ready to buy a new home or condo at the Lake of the Ozarks, contact us to get started!
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