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There are a number of steps when it comes to buying a home at the Lake of the Ozarks . From pre-approval to starting your home search to making an offer on your dream home, all of the home buying hurdles are important! Your trusted real estate agents in Eldon, MO are here for all of your home selling needs! We have dedicated this week's blog to everything pre-approval! To learn more, see the benefits and process below. 1. Shows Seriousness A pre-approval letter shows your trusted real estate agent near Eldon, Missouri that you are serious about purchasing a home. This can also help show potential buyers that you are dedicated, when it comes to buying a home. Everyone involved in the real estate transaction will see your letter as a benefit and take you more seriously. 2. Look in Right Price Range A pre-approval helps to show you exactly what you can afford in a mortgage loan. This is a major benefit due to the fact that you can help narrow down your search and ensur...

Many first-time home buyers are surprised by all of the costs required to purchase and maintain a house. Before making the decision to buy, it is important to know all of the costs associated with homeownership. If you are planning to buy a home hear Eldon, Missouri in the near future, prepare for the expenses ahead. Purchasing a home is a big decision and a major stepping stone in life. Your trusted real estate agent in Eldon, Missouri is here to help you through home buying process. Provided below, by Devine And Associates, are some of the expenses that first-time home buyers should know about. 1. Escrow An escrow account is set up to pay for critical home expenses, such as homeowner insurance and property taxes to ensure these costs are being paid. A portion of the homeowner’s monthly mortgage payment will be put into the escrow account for these expenses. The escrow amount can fluctuate in accordance to a number of factors. 2. Home Inspection Many times, a home inspectio...