Tuesday, January 12, 2021

5 Considerations When Buying a Vacation Home at Lake of the Ozarks

While you dream of the warm Summer months on the distant horizon, you'll want to begin making preparations for your Summer vacation at Lake of the Ozarks. The resorts are immaculate, and Lake of the Ozarks hospitality is second-to-none. However, have you considered owning your own vacation home at Lake of the Ozarks? It may be more attainable than you think, and Team Lasson is here to help you every step of the way. Continue reading our blog for 5 things to consider when buying a vacation home at Lake of the Ozarks.

Plan Around Your Vacation Style

One of the first things to keep in mind is what kind of vacation you'd enjoy having the most. An energetic, on-the-move atmosphere, one more private and secluded or something in-between? The great thing about the Lake is that you can have it all. From cabins and ranch-style retreats with acreage to million-dollar lakefront homes with docks and cruisers. Lake of the Ozarks can be anything you make of it!

Your Lake Location

After you decide what type of vacation you'll be having at Lake of the Ozarks, you'll want to check out several of the cities around the Lake. All offer different advantages depending on what your priorities are. Here are a few of the cities around the Lake for you to choose from:

  • Lake Ozark
  • Osage Beach
  • Camdenton
  • Sunrise Beach
  • Gravois Mills
  • Laurie
  • Eldon
  • Versailles

Think of the Amenities

There are many Homeowners Associations around Lake of the Ozarks that offer amenities to make your time in the community more relaxing and enjoyable. From pools, gyms, and playgrounds to country club memberships, spas, and signature golf courses. Some of the amenities even include maintenance as an added or low-cost benefit. Amenities like this are great for vacation homes, so be sure to check them out when looking in each community.

Floor Plans & Room Sizes

This will depend a lot on the type of vacation you're planning on having. Will it be a private getaway as a couple or an elaborate hangout for friends and family? When house shopping, try to envision just how your vacationing lifestyle is going to play out in the home. This will have an impact on the style, size, and location of the home you want to buy.

Yard Functionality

Don't forget to keep the functionality of your yard in mind. You'll want to be sure that it fits with your vacation style as well. If you have any large future plans for the grounds, such as an in-ground pool. You'll need to consider that up front when looking for the perfect vacation home as expanding or changing these features later can take time.

If you've been vacationing here for years and are interested in buying a vacation home at Lake of the Ozarks, we'd love to help! Contact us today to get started getting pre-qualified for your mortgage at Lake of the Ozarks. Having this letter in hand will allow you to shop with confidence, plus it can give you an advantage when it comes to negotiations and being taken seriously as a buyer. Have any additional questions? Give us a call! Team Lasson is always here to help!

Michael Lasson
Senior Loan Officer
NMLS #: 493712

4655 B Osage Beach Parkway
Osage Beach, MO 65065

**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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