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.

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/

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.

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

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

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 Broker/Manager DR

RE/MAX Lake of the Ozarks

888-322-1802

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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