Wednesday, April 15, 2020

A Look at the Home Buying Process Part 1

Buying a new property at the Lake of the Ozarks can be an exciting time, but there are inevitably going to be questions through the process. As your mortgage lenders at the Lake of the Ozarks, we look forward to being here with you through the home buying process. Here are a few things you can expect through the process, as well as a few things you can do to get prepared.

Start Early

When you realize that you want to own a new home at the Lake of the Ozarks or anywhere, one thing you can do is start researching the real estate market in your target area early. We suggest that you contact a local real estate agent to help you with your research. You can also look through different websites to see real estate listings, and then make notes of the particular homes that you are interested in.

Learn About Your Target Budget

This is where your favorite mortgage team at the Lake of the Ozarks comes into play! The best way to determine your ideal budget is by filling out an application on our website ( and we will help you with the pre-qualification process.

This step can often get missed by homebuyers, but it will save you time and even heartache by doing it now. If you can get your prequalification for a mortgage completed before hunting for a home, you will be in a much better position when you make an offer on a new property because the seller will know you are a serious buyer!

Find Your Real Estate Agent

A real estate agent is going to be another important partner when purchasing your home. They will be able to provide you with helpful information about the homes in the area, and their knowledge, negotiating skills, and familiarity with the area are going to be invaluable. If you haven’t found a real estate agent yet, Team Lasson knows some amazing agents in the area we could refer.

Start The Hunt for the Home of Your Dreams!

After you have the above steps completed, it is time to start looking for homes. It can be helpful to take a notebook so that you can remember details about the homes that you visit. You will see a lot of houses as you search, and it will be amazing how they can start to run together. You may even want to take pictures or video to help you remember details.

Ready to Buy a Home?

The Lake community is such a wonderful place to be. If you are considering purchasing a second home at the Lake of the Ozarks, we would be honored to assist you through the process. Now is a great time to make an investment on a property, and the Lake area is a booming place to get involved. Visit our website to learn more about our mortgage company at the Lake of the Ozarks or fill out an application. We look forward to working with you!

For Lake area news, resources and tips on financial services, please 

Michael Lasson
Senior Loan Officer
NMLS #: 493712

4655 B Osage Beach Parkway
Osage Beach, MO 65065

Direct: (573) 746-7211

**The postings on this site are my own and do not necessarily represent First State Bank of St Charles’s positions, strategies, or opinions.

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