How To Be A Successful Home Buyer In A Seller’s Season

May 9, 2016

Tips for Victory in a Competitive Market

Since the housing crisis, many markets have bounced back in a big way, with some homes having even eclipsed their pre-bubble prices. If you’re shopping for a home in a particularly sought-after metro, then you’ve already got your work cut out for you.

But if you’re searching for the perfect home in a hot market during the springtime, then you can expect the competition to be even fiercer. Springtime is prime selling season, and eager buyers are likely to be out in droves. So what can you do to improve your odds of landing your dream home in a seller’s market during a busy buying season?

Shop Around for the Best Rate

In this climate, don’t be surprised if you end up getting caught in a bidding war for that perfect home. That will likely mean higher monthly payments than you had in mind. Then again, if you’re able to get a great deal on your mortgage, you might be able to afford a higher asking price than you’d initially thought.

Interest rates are going to rise. But for the moment, they’re still at historic lows. Before you jump into the home buying market, take some time to shop around for the best mortgage rate. Just a few points could end up saving you thousands, and help you afford a higher sale price.

Get Pre-Approved

Once you’ve found the best mortgage offering available, don’t stop there. It’s not enough to get prequalified; you actually want to be preapproved. In particularly brisk seasons, some agents won’t even give you the time of day unless you have the backing of a mortgage lender, and when you find the ideal home, you’ll want to be able to strike while the iron is hot.

Forget About Low-Balling

If you were in a market where housing options were plentiful and nobody was buying, then you might be able to get away with throwing out a low-ball offer and hoping the seller was particularly motivated. But this is no time for that sort of thing. In markets where multiple offers are commonplace and bidding wars are a fact of life, you’ll need to put your best foot forward.

Don’t Get Discouraged

In a seller’s market, you’re probably going to have your heart broken a couple of times. Don’t let it get you down. Get up, dust yourself off, and get back in the saddle. There are plenty of homes out there, and buyers are closing every day. If they can do it, you can too. You’ll just have to be tenacious.

Pick a Great Buyer’s Agent

When venturing into the jungle, it’s a good idea to enlist the services of a trustworthy guide. Having Krantz & Associates RE/MAX Lake of the Ozarks in your corner can help you get to the best listings ahead of the crowd. Not only that, but buyer’s agents are often shrewd negotiators who can help you improve your chances of getting your offer accepted without spending more than you have to.

Know Your Seller

If you’re on a tight time-frame, then you may not have much wiggle room in your schedule. But if you can afford to be more flexible, then you may be able to bump your offer to the front of the line.

It’s a good idea to get to know your seller’s preferences and plans. They might be waiting to close on a new home of their own. Or, they might be particularly attached to that commercial range in the kitchen. Work with them, and they’ll likely work with you.

Choose Your Contingencies Wisely

Contingencies are common in real estate transactions, but in a market like this, sellers may frown on your offer if you have too many. For example: it’s a perfectly sensible thing to want to have a home inspection before purchasing, but in a market where some buyers will waive that requirement to sweeten the deal, you’ll need to weigh your contingencies pretty carefully.

Go Get ‘Em!

This is a challenging time of year to be buying a home. Competition’s fierce, and the best listings go fast. Then again, it’s also exciting, and winning in a market like this makes the taste of victory that much sweeter. We wish you the best of luck out there! is the place to dream and discover your ideal home! Are you starting to get the itch to look for your first or next home, but don’t know where to start? You’ve come to the right place! Browse our real estate and lifestyle blog for home buying tips, mortgage guides, DIY ideas, interior design, lifestyle topics, general home inspiration, or just some homes fun. We are sure you can scratch that itch and find all the information and tools you need to help in your home search. Want to start looking at available real estate right now? Head to our home page and check out homes for sale or rent listings all over the country. Happy house hunting!

Lake of the Ozarks No. 1 Among 10 Popular Lakes

April 13, 2016



Apparently taken with Missouri things lately, USA Today has named the Lake of the Ozarks as the best recreational lake in the U.S.

The list, based on readers’ input, ranks the home of “Party Cove” ahead of other fun ponds like Lake Michigan, Lake Tahoe and Big Bear Lake near L.A.

About the Lake of the Ozarks, the publication writes: “This large reservoir from the Osage River offers visitors more than 1,000 miles of shore. This lake attracts visitors from families to college kids, and offers various lodging options, too, from resorts to an RV campground.”

We’re Tooting Our Own Horn!

March 2, 2016

12778811_10208564358897014_479541616050370158_oWOW! CONGRATULATIONS to all at RE/MAX Lake of the Ozarks! Our company owners are in Las Vegas at the RE/MAX R4 Convention and they are bringing these home with them! 12806213_804705912968924_3084539702205854451_n (1)Top Office in Number of Closed Transactions Small Market US and Worldwide- yep WORLDWIDE, and Top Office Largest NetGain in Sales Associates Small Market US. We are so proud of all of you, and of course we wouldn’t be as great as we are without our wonderful clients!!! A huge thank you to them as well for making us #1!

Lower Mortgage Rates Are Like a Valentine’s Day Gift From the World

February 12, 2016

by Jonathan Smoke

heart-houseThe financial market unrest this year is turning into a real boon for U.S. consumers who plan to purchase a home-—and for existing homeowners who could benefit from refinancing.

Concerns about China and the price of oil have driven global investors into the perceived safety of U.S. bonds and mortgage-backed securities.That’s why the average 30-year fixed mortgage rate has declined by nearly 50 basis points since the end of 2015. (A basis point is 0.01 percentage point.)

Mortgage rates are lower now than they were at the end of 2015, when the Fed tried to move interest rates higher. In fact, they’re trending towards record lows.

Yes, I forecasted mortgage rates would go up. And eventually, that will happen. (Honest!) But for now they’re still low, making home buying more affordable. Lower rates mean lower monthly payments, and the decline in fixed rates so far equates to nearly 6% more buying power. That’s basically the ultimate “I love you” gift to U.S. home buyers. And who’s your valentine? The world!

Existing homeowners are already responding to rates that are now at levels last seen in mid-2012. In the last week, refinancing activity jumped 16%, according to the weekly mortgage application index reported today by the Mortgage Bankers Association.

The exact path and timing for mortgage rates this year is the subject of much debate. Some market forecasters are saying that mortgage rates could set new historic lows before going up again.

The decline in the price of oil, as well as concerns about China, precipitated the financial market shift, so any signs of stability or improvement in those markets would likely lead to higher U.S. mortgage rates. And such stability would also strengthen the hand of the Fed in continuing to tighten monetary policy.

In other words, this gift horse will be galloping away before too long. If you are in a position to refinance or buy a home this spring, start your search now. Take a look at rates in your market, and investigate some mortgage options that could ease your concerns about what rates might do in the short term.

For example, a common option today is a “rate lock,” which will let you fix the quoted rate for a specified period of days, to cover the time that it takes to close on a purchase or refinance.

A “float-down” option on a rate lock will enable you to lock the rate, but also benefit from another move down if indeed rates go even lower.

These options come at a cost in terms of points or rates, but they could provide you peace of mind on getting the lowest possible rate for the life of your loan.

Talk to your Jeff Krantz and Associates at RE/MAX Lake of the Ozarks to see if these options might make financial sense for you. Follow what rates are doing by visiting daily.

“Off-Season” Real Estate at Lake of the Ozarks

September 24, 2015

DSC08745Many years ago, homeowners remember everything  shutting down in the winter, including restaurants, stores, and even the real estate market.  The thought that real estate drastically slows down or is non-existent is still prevalent in the mind of some home-buyers.  Is this true or just a myth?

From November 2014 to March 2015:

Of Waterfront Residential Homes, 23% of sales occurred during these winter months, and 25% of Offwater Residential Homes were sold during this time.

If you are selling, these can be some of the most productive months based on quality of showings and if you are looking to buy these months represent some of the best times to shop!

For more information on buying or selling real estate at Lake of the Ozarks, visit

Happy Fall!

September 23, 2015

We love this time of year, the weather is beautiful at Lake of the Ozarks! Have you ever considered relocating, but not sure where to begin? This is a simple form to assist you in what area would work best for you: Lake Property Finder

Luxury Living at Lake of the Ozarks

September 21, 2015

IMG_9083-EditThe Club at Porto Cima and The Villages at Shawnee Bend make up Lake of the Ozarks most desirable addresses. Porto Cima is the ultimate upscale waterfront community. Luxury homes are nestled among 3,000 acres of lake and golf course views!  Top-notch amenities include signature Jack Nicklaus designed golf course, yacht club, swimming pool, and fitness facilities.  The Villages is a prestigous community that combines the natural unspoiled beauty of the lake with waterfront estates.  The development features championship tennis courts, community pool and marina, and clubhouse.  Browse Porto Cima and The Villages Real Estate: Luxury Homes at Lake of the Ozarks

IMG_4560 (Small)If you have any questions or would like to view active listings at Porto Cima, The Villages, or other homes for sale at Lake of the Ozarks, please email or call us toll free 888-322-1802.

Many Reasons to Make a Trip to Lake this Weekend!

September 15, 2015


Summer is winding down at Lake of the Ozarks, but many residents and visitors look forward to these milder weekends and the events they bring.  Soon small towns just minutes from the lake will be brimming with apples, pumpkins, craft vendors, and games for the kids as the Fall Festivals take shape.

This weekend has lots of activities sure to please the whole family.  From the biggest motorcycle event in Missouri to an organized neighborhood garage sale for those who like to discover thrifty treasures.  Don’t miss out on these events at Lake of the Ozarks this weekend!

September 17-20 – Lake of the Ozarks Bikefest
For a full schedule of events:

September 18 – 38 Special at Pickleheads Roadhouse
For ticket information:

September 18 & 19 – The Laurie Hillybilly Fair
For a full schedule:

September 18 – 20 – Horseshoe Bend Garage Sales
For more information:

The weather will be perfect for house hunting as well, so contact us at (573) 302-2355, if you are interested in viewing property at Lake of the Ozarks! Visit to view all active listings at the lake.

Have you considered buying a rental property?

September 11, 2015

Millions of Americans who have held onto their cash are now looking to invest. Where can you put your hard-earned money to receive the biggest bang for your investment buck?

If you believe local housing values will go up over time, have you considered buying a rental property?
We know which subdivisions have retained the largest pool of responsible renters. One example is that the hospital and established community clinics attract interning doctors, new nurses and numerous staff who seek nearby housing.  If you are looking for a condo investment, we can let you know which complexes allow rentals, and maintain good rental history.
Let’s talk about what it takes to rent a home or condo at Lake of the Ozarks and where you might want to look. Just send us an email or give us a call. We are here to help! or (573)302-2355

Labor Day Weekend at Lake of the Ozarks

September 3, 2015


Labor Day is upon us, which at the lake means a long weekend of sun and fun! There are lots of activities to suit every member of the family at Lake of the Ozarks.  With over 1,100 miles of shoreline, this is by far one of the lake’s most popular past times. The lake has many new waterfront restaurants, many with beaches, pools and even waterslides.  There will be live music, food and drink specials throughout the weekend, to keep everyone entertained!

You are guaranteed to hear the echoing thunder of celebration off the lake, and there are many options to view them by car or boat. You may be lucky enough to see them right off your dock! Click the venues below for more details on dates and times:
Bear Bottom Resort
Tan-Tar-A Resort
Tropic Island Cruises
The Lodge of Four Seasons
Celebration Cruises
Old Kinderhook
Village Marina & Yacht Club

We hope you enjoy your extra day of much deserved rest and relaxation with your friends and family this Labor Day. Please stay safe, and as always let us know if we can assist you in any way with real estate at Lake of the Ozarks! CELEBRATE LAKE LIFE!