Lake Real Estate Pros in Lake Ozark

February 7th, 2010 jgarrett Posted in 1031 exchange, IRA real estate investing, Lake Ozark Commercial Property, Lake of the Ozarks Condominiums, Lake of the Ozarks Distressed Property, Lake of the Ozarks Lots and Land, Lake of the Ozarks Powerboating, Lake of the Ozarks real estate, Luxury Homes Lake of the Ozarks, Osage Beach Commercial property, RE/Max Lake of the Ozarks, Waterfront Home Real Estate Comments Off

 

Lake Real Estate Pros

My new real estate company is called Lake Real Estate Pros.   Maybe I took the Warren Buffet quote that everyone loves nowdays that says ““… be fearful when others are greedy and to be greedy only when others are fearful” a bit too seriously.   After 10 year at RE/MAX Lake of the Ozarks, it was time to make this move.   Lake Real Estate Pros is located across from JB Hooks on Bagnell Dam Blvd.   The address is 2221 Bagnell Dam Blvd Ste 400, Lake Ozark MO 655049.  John Garrett can be reached at 573-480-6420.

 

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Real Estate Watch: List of Meth Houses in Camden County Missouri

November 21st, 2009 jgarrett Posted in Lake of the Ozarks real estate, RE/Max Lake of the Ozarks Comments Off

The Lake of the Ozarks real estate market is blessed to not have the problems on the scale that many areas do.   This list is not widely know to agents, I know to check it on occasion, but it is a cumbersome process.   

http://www.justice.gov/dea/seizures/missouri_pg1.html

From the DEA, these are the homes listed as meth houses.  They could have been cleaned up, torn down, not cleaned up correctly, but at least we know where they are.  BTW, these can be great deals for investors to buy and properly clean up as rentals, it just must be (and should be) disclosed that the home was formerly a meth house.   This disclosure is forever from what I have been told. 

http://methlabhomes.com/

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The Resort at Toad Cove/Peckers in Bankruptcy

October 5th, 2009 jgarrett Posted in Lake of the Ozarks Condominiums, RE/Max Lake of the Ozarks Comments Off

Toad Cove

Toad Cove

 

The entire property at Toad Cove including the 116 room luxury hotel has been turned over to a management company (i.e. bankruptcy for the developer) and will remain open and operated for the bank.   Several banks were participating, but Valley View Bank was the lead lender on the project.  

The concept of the full service “condo-tel”  was probably a bit premature for this market, it’s hard to justify paying $350,000 for a fancy hotel suite when our local MLS is loaded with very nice 3 and 4 bedroom condos that are twice the size for much less.  Add to this low demand the severe lending restrictions on “condo-tels” and this was inevitable.   There was nothing wrong with the product, it was promised to be first class and it was.  Timing, as they say, is everything.

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Foreclosure condo at the Lake of the Ozarks

September 12th, 2009 jgarrett Posted in Lake of the Ozarks Condominiums, RE/Max Lake of the Ozarks Comments Off

Lake Ozark Rental

Lake Ozark Rental

This 2 bedroom condo has 1500 square feet of living space and good Lake of the Ozarks view.  The complex is the Four Season Racquet and Country Club and is a very popular rental location for Lake Ozark.  The price looks too good to be true, but you have to consider a monthly assessment of $422.  Yes, that is the highest assessment of any condominium complex at the Lake, that’s why it would make a great rental.  When operating this unit as a rental business, you can write off the assessment fee as a business expense.  Put your cash to work and buy this unit and just pay the assessments and the low annual property real estate tax and start making money today.  This would be an ideal property to buy in your self directed IRA.
   
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Shootout Dam Run Lake of the Ozarks

August 26th, 2009 jgarrett Posted in Lake of the Ozarks Powerboating, RE/Max Lake of the Ozarks Comments Off

 

4th Annual PWC Poker Run

4th Annual PWC Poker Run

 

 

 

Shootout PWC Dam Run ($100.00 entry fee to benefit Shootout charities)
9:00   a.m. Registration at Surdyke Yamaha
10:00 a.m. Start time from Surdyke Yamaha Marina to Truman Dam and return
                 to Shorty Pants (Approx. 130 miles)
This is a great time and fun way to see the upper milemarkers of the Lake of the Ozarks without worrying about water depths.  You will see more unspoiled and pristine shoreline this way than you ever thought even existed at the Lake of the Ozarks.   The water temperature is ideal and you will enjoy this run. 
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Incredible Ozarks farm property for sale

April 2nd, 2009 jgarrett Posted in RE/Max Lake of the Ozarks Comments Off

Gasconade River farm for sale

Gasconade River farm for sale

This farm is one of the nicest I’ve ever seen in this State, and I’ve been doing this for 15 years!  Great Ozarks topography, springs, rocks, bluffs, it is all here in one package at a great price. Yes, the 250 foot bluff in the background is on this property and would make an incredible homesite. Two hours out of South St Louis, two miles off I-44, the access is great. 300 acres for less than $2000 an acre! Not a typo, just a hot,hot,hot deal. Call John Garrett, we know this won’t be around for long. 573-302-2320

Gasconade River Farm

Gasconade River Farm

Gasconade River

Gasconade River

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John Garrett RE/MAX Lake of the Ozarks Real Estate Broker

December 1st, 2008 jgarrett Posted in RE/Max Lake of the Ozarks Comments Off

There are things a real estate agent, by law,CAN NOT tell you when you are buying a home unless you have a signed buyers agency agreement. Things like


  • How much you should offer on a home
  • What price the seller will accept
  • What terms are in your favor
  • Why the seller is moving
  • How long the property has been on the market?


Purchasing real estate is a complex transaction and in most cases the seller will be represented by an agent.
Even if you are looking at new construction, a buyer broker costs you nothing yet has a lot to offer.

Research by the NATIONAL ASSOCIATION OF REALTORS has shown that when a buyer’s representative is used, the prospective
buyer found a home one week faster and examined three more properties than consumers who did not use a buyer’s
representative. At the Lake of the Ozarks, given our very large geographical area, the need for a buyer’s agent is even
greater. In many cases, I, as a buyer broker can help you save money by showing you “Sold Comps” helping you to make a
more informed initial offer on the property.

As your buyer broker my services include:

  • Evaluating your specific needs and wants, locating properties that fit those specifications.
  • Utilizing technology to your advantage, and to make sure my technology makes your buying process easier, not more confusing!
  • Coordinating showings – accompanying you on the showings, or previewing properties on your behalf.
  • Researching the selected properties to identify any problems or issues to help the buyer make an informed decision.
    Many Lake Areas have no planning and zoning, and my local real estate knowledge is invaluable.

  • Advising you on structuring an appropriate offer to purchase.
  • Negotiating the fairest purchase price on the most favorable terms that the market will permit on your behalf – keeping your best interests in mind according to the Realtor Code of Ethics.
  • Helping secure appropriate financing for the selected property.
  • Providing you with a list of potential qualified vendors (e.g. appraiser, surveyor, inspectors, movers, attorneys, carpenters, etc.) if these services are needed.
  • Answering your questions, and getting answers for you. I always keep the lines of communication open with my clients.

  • Most importantly, the ability and willing to LISTEN TO YOUR NEEDS AND WANTS and find the best fit
    for you.
     

Clearly, by working with a buyer broker you receive a great deal of valuable services at no charge. At the end of the
day, my job as your broker is to deliver results and you can take comfort in knowing that my interest are 100% aligned
with yours. Since the seller is paying the commission, this is a rare case where it appears the worst and best agents
cost you the same price either way. Don’t make the wrong choice, because the bad or less experienced agents can cost
you in mistakes that hit your pocketbook, time, hassle, and stress before closing. You have enough to worry about in l
ife, make sure your real estate purchase at the Lake is not one of them. Call or email me today and you’ll quickly and
clearly see the value I add to every transaction that I sign my name to.


E-Mail Me

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RE/MAX Lake of the Ozarks ranked #1 in Missouri and Kansas!

June 2nd, 2008 admin Posted in RE/Max Lake of the Ozarks Comments Off

RE/MAX Lake of the Ozarks

RE/MAX Mid states just released rankings that show for the first time RE/MAX Lake of the Ozarks ranked #1 in Missouri and Kansas for all RE/MAX offices.  John Garrett, BROKER/MANAGER of RE/MAX Lake of the Ozarks said “with the Lake of the Ozarks remaining strong and our average sales prices continuing to climb through the first quarter of 2008, I’m very pleased and not that surprised at our company reaching this milestone.  With such powerful sales team such as Krantz and Associates and Team Jane Kelly consistently ranking at the top of the mid states sales charts, we have a great chance at staying there for the rest of the year. ”

John Garrett RE/MAX Lake of the Ozarks

John Garrett Broker/Manager DR

RE/MAX Lake of the Ozarks

888-322-1802

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Lake of the Ozarks gets $220M neighborhood

September 30th, 2006 admin Posted in Lake of the Ozarks Powerboating, RE/Max Lake of the Ozarks Comments Off

Two Lake of the Ozarks developers are creating a new development near the lake that they hope will give the area a small-town feel.
It’s a small-town feeling with a $220 million price tag.
Clayton Graham grew up in Chicago, in an area that had a friendly atmosphere among neighbors. That camaraderie is something he said is lacking near Lake of the Ozarks, a town known for summer vacationing and parties.
Graham and his wife, Cheryl, hope to bring a small-town atmosphere with Lakeside at Cross Creek, their master-planned community now under construction.
“The lake has very little sense of community, where you know who your neighbor is,” Clayton Graham said. “Growing up in Chicago, there was always a sense of community – block parties, having an extended family in the neighborhood. So that was part of the driving force.”
The couple’s Windy City background also led to the look of the development, which will have distinctly craftsman architecture, with its low pitched roofs and porches supported by square columns.
The project will feature 220 villas ranging from 2,500 to 4,500 square feet each, 40 bungalows at about 1,800 square feet each, and 66 single-family custom home sites. There also will be seven 22-unit condominium buildings, one 60-unit building called The Lodge and 11 six-unit loft buildings.
Other planned amenities include a lake house with fitness center, a post office and a general store that Graham said will help contribute to the community’s “feeling of yesteryear.”
David Beach of Springfield firm H Design Group is the architect for the project. He said the development is something new for the lake area.
“It’s a really interesting, high-end project,” Beach said. “It’s an exciting project for a firm our size to be working on in this area.”
The $220 million project, including $17 million spent on infrastructure including roads and utilities, is in the opening stages of construction.
Ground has been broken on two of the model homes, which will be ready before the end of the year.

See More…http://www.sbj.net/print.asp?aid=84374695.9204828.968708.4823681.9514363.517&aID2=74507

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Resources and useful links

September 8th, 2006 admin Posted in RE/Max Lake of the Ozarks, Uncategorized Comments Off

Mortgage Bankers Association of America Mortgage delinquencies, foreclosure rates, purchase applications, refinancing Survey of Real Estate Trends Real estate market conditions (commercial and residential) Federal Housing Finance Board Sources of finance, national average contract mortgage rate National Association of Home Builders Remodeling costs, upscale homes, new housing characteristics and trends (square footage, amenities) The Joint Center for Housing Studies of Harvard University State of the Nation’s Housing (Annual publication with housing market overview and general housing statistics), remodeling expenditures ACCRA Cost of Living Index Cost of living comparison

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