Getting Lake Properties Approved for Financing

10/04/16 • -1 min

Getting a VA loan on a lake property is hard because the process you must go through to get the project approved is quite intensive. There is, however, an upside to this.

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Why is it so hard to get a VA loan on some lake properties, especially condos?

According to Tom Spradling, our local mortgage officer, there is a process you must go through to get the project approved, and it’s quite intensive. What normally happens is that either the management company of the Homeowners Association or the Homeowners Association itself will have to fill out and complete an entire questionnaire that will be reviewed. Once that’s approved, the project will be approved for VA financing.

The process you must go through is quite intensive.

One of the good things about VA approval on a project is that the project’s approval does not expire. So, condo projects can be approved and loans can be made using VA financing on condos here at the Lake ...

Why is it so hard to get a VA loan on some lake properties, especially condos?

The process you must go through is quite intensive.

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How to Practice Good Dock Safety

Karen McFarland, one of our great agents, is here today to talk about dock safety, an important issue here at the lake. Thousands of people come here each year, and we want to keep our lakes safe, happy, and wonderful by spreading the word on dock safety.

If you are coming to the lake, you will likely be on a dock at some point. As a responsible dock owner, there are a few things you should keep in mind to keep you, your friends, and your family safe.

First off, you should have a visual inspection of your dock done each year. Especially in places with rough water, there can be hazardous situations when docks move around too much. It’s also a good idea to get a GFCI tester to make sure your GFCI works.

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If you feel a shock, swim away from the dock.

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You should also keep an eye on your neighbors’ docks and make sure that they are being inspected on a regular basis. You should know how to shut off the electricity on their dock if there...

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Have You Visited Our New Home Search Website?

Our website has some great new features that we would like to share. You can search for homes by dozens of different criteria, including their specific location on a map.

Looking to buy in Lake Ozark? Get a full Home Search

Looking to sell in Lake Ozark? Get a free Home Price Evaluation

Fall is gorgeous down here at the lake with the weather cooling down and the leaves starting to change colors. We wanted to take this time to talk to you a little bit about our new website and some of the cool new features on it.

Our website, searchlakeozarkshomes.com, is pretty simple to use, but we wanted to give you an overview of some of the features that it has. For starters, the entire active MLS is on our website and is updated in real time.

The many different menus on our site have pages for buyers, sellers, and featured listings. In addition to those, we also have a few different home search functions. The first is the “search for homes” page that allows you to do an advanced search of our MLS. There are a lot of different filters you can add to your search to give you the homes you want to see. In addition to searching by the number of bedrooms or bathrooms, you can also search by keywords like “deck” or “waterfront.” You can even search by mile marker or the year it was built. You can make your search as broad or as specific as you want.

You can make your search as broad or as narrow as you want.

The other home search function is a map search that allows you to draw a map and only view homes in that specific area. Once you have set the right criteria, you can save all of your searches, which will be saved on the site after you create an account. You can also save your favorite homes to view later and choose when you want to be notified when prices change or new homes that match your criteria are listed on the market. All of your searches and favorites are saved in the “my notebook” section on our page. You can send your favorites to friends or family members via email or social media. You can also make notes on properties or compare them in your notebook.

We are very excited for you to start using our website. We added all of these features for your benefit, and we hope that you will have an enjoyable experience using it. If you have any questions for us, don’t hesitate to reach out to us. We would love to hear from you. In the meantime, enjoy the website!