Your Lake of the Ozarks Mortgage Lender: purchasing a second home at the Lake of the Ozarks

Friday, April 26, 2019

Advantages of Buying a Vacation Home

There are a lot of second homeowners at the Lake of the Ozarks. In fact, of all people who own two homes in the Midwest, 40% own one of them at the Lake of the Ozarks! There are many reasons to own a vacation home at the Lake of the Ozarks, so we’re going to cover some of the most popular reasons, as well as some other great benefits for buying a Lake of the Ozarks vacation home.

Why Are Vacation Homes Being Purchased?

The National Association of Realtors (NAR) Investment and Vacation Home Buyer’s Survey from 2017 showed that there are three primary reasons people buy vacation homes.

42% said it was to provide a base for personal vacations and family retreats
18% showed that they wanted to create a home that would become their main residence after retirement.
12% stated that the home was priced competitively and they couldn’t resist.

Where are Vacation Homes Being Purchased?

The study above also noted where vacation homes were being purchased in comparison to where the primary residence was located. The most popular distance was 200 miles. Of course, there were 13% who lived less than 50 miles from their vacation home, while 21% lived 1,000 miles away or more.

The favorite locations for vacation homes were:
Beach - 36%
Lakefront - 21%
Country - 20%
Mountain - 14%
Ranch - 7%
Other - 3%

The benefit of having a home at the Lake of the Ozarks is that you can take advantage of several of these categories. There are beautiful lakefront homes at the Lake of the Ozarks, as well as places in the country, or nestled in our Ozark mountains.

Pros for Owning Your Own Vacation Home

There are many advantages to owning a vacation home, several of the “pros” include things like:
- You can be a part of the community
- You may receive tax advantages
- You could potentially do vacation home exchanges
- You can travel lighter
- It’s a great place to retire
- Vacation homes can be rented out when you aren’t using them
It’s all yours to decorate the way you would like

Ready to Buy a Vacation Home at the Lake of the Ozarks?

Summer isn’t official around here until Memorial Day Weekend, so there is still time to start the process before summer arrives. With several weeks of summer, it is never too late to buy your summer vacation home at the Lake of the Ozarks, and Team Lasson believes that it is the BEST time to get started. Visit our website to learn more about our mortgage company at the Lake of the Ozarks, or fill out your application. We look forward to helping you make your dreams a reality - the lake like is the best life!

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

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Michael Lasson

Senior Loan Officer

NMLS #: 493712

4655 B Osage Beach Parkway

Osage Beach, MO 65065

Direct: (573) 746-7211

Cell: (573) 216-7258

e-Fax: (866) 397-0318

Email: mlasson@fsbfinancial.com

Website: www.YourLakeLoan.com

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

Thursday, January 19, 2017

Join Us at the Overland Park Boat Show

The Lake of the Ozarks Marine Dealers Association will be hosting their annual Overland Park Boat Show in just two weeks. Your favorite Lake of the Ozarks mortgage lender will be there as a vendor. Join us January 26-29 at the Overland Park Convention Center for Kansas City's largest boat show of the season!

Boat Show Details

The 2017 Overland Park Boat Show is the premiere show for boating enthusiasts all over the Midwest.

Boat Show Hours:
January 26: 3-9 PM
January 27: 12-10 PM
January 28: 10 AM - 9 PM
January 29: 10 AM - 5 PM

Admission:
$9.00 for Adults
$5.00 for Children 6-12
Children 5 & Under FREE

See the latest in 2017 cruisers, runabouts, performance boats, tritoons, ski boats, personal watercraft, docks, lifts and all boating accessories at KC's largest boat show. This is the time of year where you can find the best deals on boats, lifts and more. With all your options in one place, it will be easy to compare them. Whether you're looking to purchase a boat for the first time or wanting to upgrade, this is the place to be! Bring the entire family to this fun annual event!

Purchasing a Second Home at the Lake of the Ozarks

If you're tired of hauling a boat to the Lake time and again throughout the summer, consider purchasing a second home at the Lake of the Ozarks. Not only would this allow you to store your boat at the home, but you wouldn't have to find accommodations each time you come for a visit. In addition, you could consider renting out the home during the time you're not using it to help offset the costs. There are so many benefits to owning a second home, especially one at one of the top vacation destinations in the midwest!

Stop by our booth at the boat show to learn more about how our mortgage company can help you with all your Lake of the Ozarks home financing needs. My team and I are committed to working with you every step of the way, from offering competitive rates to backing it up with the first-class service you deserve! If you're unable to attend the event, but would like more information about a mortgage at the Lake of the Ozarks, give us a call at 573-746-7211.

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