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Greg Tolbert, Tim Tabor and Bobby Wilson

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    Feature Property - Call Tim Tabor @ 573-480-4464 $35,000 
Lot 124

Address:   Lot #124 Bay Hill Village    City/ST:   Lake Ozark, MO   Zip Code:   65049  
Location:   Lake Ozark   Property Type:   Land   New or Resale:   Resale   
MLS#   3052404  

Great level building lot with nice road frontage. NO NID. $3000.00 hook-up fee for water and sewer. Assessments increase to $800.00 per year when home is built.

Last Updated: 6/8/2009 10:28:04 AM

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Real Estate Tips
Financing Your Home >Hybrids Offer Low Rates

In the field of home financing, "hybrid" mortgages have grown in popularity with homebuyers. With interest rates gradually rising in today's market, the hybrid mortgage product saves money, provides a period of fixed-rate security and helps buyers qualify for financing.

Hybrid mortgage loans offer a very low fixed-rate for a period of time, usually from 5 to 7 years, then revert to an adjustable rate mortgage (ARM) for the remainder of the term of the loan. The interest rate is typically lower than with a 30-year fixed-rate loan, and the borrower has the assurance that the rate will not change for a period of years. Such a loan works well for buyers who plan on reselling the home within a finite period.

Other specialty mortgages now available include an ARM loan with a provision allowing it to be converted to a fixed-rate loan when that is a practical step for the borrower. Still others offer an interest-only loan that requires payments to be made on the interest only for a specified number of years, then reverts to an amortized loan with interest and principal payments each month. Consult with an experienced mortgage professional to determine whether one of these loan products will meet your needs.

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Real Estate Trivia
Q 
What 45,000 sq.ft. home on 5-acres on Lake Washington is described as an 'adventurous house' by its owner?

A 
The home of Microsoft's Bill Gates ($40+ million) has a wall of 24 video monitors featuring art and film and a 60-foot pool.
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Greg Tolbert, Tim Tabor and Bobby Wilson, REALTOR®, real estate agent and broker for Lake Ozark, Four Seasons, Osage Beach and Lake of the Ozarks, Missouri home listings, property and land for sale - NUMBER1EXPERT

Greg Tolbert
Al Elam Real Estate

2860 Bagnell Dam Blvd.
Lake Ozark,
MO 65049
Office -Phone:: 800-356-2311
Greg Tolbert: : 573-280-1219
Bobby Wilson: : 573-280-3949
Tim Tabor: : 573-480-4464
Fax: : 573-365-2310
Email:: gregtolbert@NUMBER1EXPERT.com


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