How does the rise in mortgage rates affect YOUR purchasing power?

Are you ready?

Do you know how it will affect you?

Which house would you prefer?

THIS

 

OR THIS?

Are you contemplating purchasing a home?  A lot of buyers make the mistake of only looking at the sale price of a property when deciding to buy a home or vacation home.   In reality, the timing of the purchase  could be even more important.  If you have been on the fence, the time to purchase may be now.   

Consider this……

For each percentage the Federal Reserve raises interest rates, it decreases a buyer’s purchasing power by 9 to 11% (depending on loan amount) – and the Fed’s have given every indication that rates will be going up!  The interest rate you pay on a home  affects you monthly over the life of the loan.

  Below is a graph that gives some great examples of how interest rates affect YOU, the consumer.

Monthly Payment Table for 30 year loan with Interest Rates from 3.500 to 6.000 Percent

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Loan	3.500	3.812	4.125	4.438	4.750	5.062	5.375	5.688	6.000
150000	673.57	700.00	726.97	754.47	782.47	810.97	839.96	869.41	899.33
160000	718.47	746.67	775.44	804.77	834.64	865.04	895.95	927.37	959.28
170000	763.38	793.34	823.90	855.06	886.80	919.10	951.95	985.33	1019.24
180000	808.28	840.00	872.37	905.36	938.97	973.17	1007.95	1043.30	1079.19
190000	853.18	886.67	920.83	955.66	991.13	1027.23	1063.95	1101.26	1139.15
200000	898.09	933.34	969.30	1005.96	1043.29	1081.30	1119.94	1159.22	1199.10
210000	942.99	980.01	1017.76	1056.25	1095.46	1135.36	1175.94	1217.18	1259.06
220000	987.90	1026.67	1066.23	1106.55	1147.62	1189.43	1231.94	1275.14	1319.01
230000	1032.80	1073.34	1114.69	1156.85	1199.79	1243.49	1287.93	1333.10	1378.97
240000	1077.71	1120.01	1163.16	1207.15	1251.95	1297.55	1343.93	1391.06	1438.92
250000	1122.61	1166.67	1211.62	1257.45	1304.12	1351.62	1399.93	1449.02	1498.88

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Below is a table of  potential rate hike probability of increases for the NEAR FUTURE.

BOTTOM LINE… NOW is the time to pull the trigger!

There are lots of steps that go into purchasing a home.

The first step is finding a lender that you are comfortable with and going through the process to determine what your maximum approval amount is for a purchase price.  Buyers should take the time to “shop around” to insure you get the best rate and compare all other costs and fees associated with the loan.  The industry standard of borrowing for a home is no more than 28% of gross income and that’s assuming all debt services are under 36%.  A buyer can help reduce his/her costs by putting 20% down on a property which will eliminate private mortgage insurance.  PMI is insurance that protects the lender from non-payment.

A buyer’s pre-approval amount doesn’t necessarily mean that’s what you want to spend on a property. 

You need to consider your lifestyle and your comfort level.  Does the home you are purchasing need renovations?  Do you have college education ahead?  Do you enjoy vacationing with family?  When you purchase this home are you wanting all new furniture?  Are you planning for retirement?   Where is your comfort level with the loan amount?  As a real estate agent here in Branson MO, I know lots of new home owners want to purchase a boat and additional lake toys.  These questions need to be answered prior to finalizing your maximum loan amount.

Get Yourself A Buyer’s Advocate

It’s also key that you get a buyer’s advocate: a real estate professional who has knowledge of the area in which you are purchasing.  You want someone who will help you navigate the buying process.  They should be able to bring not just knowledge of the area, but listen to what your desires are for your new home and then be able to comb the inventory and produce homes that fit your criteria.

They need to be able to help you understand nuances of the area, for example: septic systems; wells; homeowners and condo association dues; boat slips, HOA’s, COA’s, state and county laws that might affect you.

The agent should have an extensive vendor list to help you during and after purchase; inspectors, roofers, handymen, plumbers, movers, gas companies, electric companies, churches and so much more.  This will help ease the buyer’s transition into a new community.

So choose wisely, interview, make sure your communication styles fit.  You will be spending a lot of time with your agent and you need to trust them to work on your behalf.

Our goal at Table Rock Realty Group is to treat our client’s home as if it was our own.  We know that if we do that, we have provided a higher level of service.

 

Author: Sharol Nuckolls, REALTOR©

Table Rock Realty Group is Different by Design, offering a superior level of knowledge, expertise and complete Concierge Real Estate Services.  We also have a dedicated office manager to best serve our clients.  Call us today if you are looking for property in the Branson, MO or Table Rock Lake areas – or if you just have questions about real estate.  We can even help you find a quality REALTOR© in another community.

Call Sharol Nuckolls @ 417.593.2010 or Liz Chun @ 240.344.4582 today!  You’re invited to search our website @ TableRockRealtyGroup. com or follow us on Facebook or find us on Pinterest, Twitter, Instagram, & Google+.   We look forward to helping you navigate your real estate journey!

 

 

 

 

Neighbors & Friends of Table Rock Lake Upcoming Events

Come join us at Neighbors & Friends of Table Rock Lake

Are you looking for a organization that’s purpose is to encourage friendship between participants by having monthly luncheons with speakers from our community and interest groups for people to get involved with from nature groups to wine clubs, there is something for everyone.  As an non-profit organization we have a passion for our community and we focus  on assisting charitable and humanitarian projects within the Table Rock Lake Area.

We do several projects to raise money for charitable organizations, we are fortunate to have Delyla Uebel in conjunction with Roy Roger Jr,two of Dusty’s High Riders, Tommy Nallie & John Fullerton presenting a Western Concert at Villa Vista.  It should be a beautiful evening and has already sold out!

Roy Rogers Junior

Delyla Aulgur Uebel

Sip & Bid is another event held on Sat., 10/25/14 at StoneBridge Village from 3:30-6:30 where we will have a live & silent auction of wonderful items donated by the community, Hors d’oeuvres, music and much more! Tickets are on sale and can be bought at the Kimberling City Library or at monthly meeting.  This is a wonderful opportunity to mingle, make new friends and help raise money for great organizations in the community.

 

Finally we have our Christmas Tour of Homes, this is our 14th year and every year it gets better and better!  There will be four fabulous homes all dressed up for the Holidays.  You won’t want to miss this Christmas experience..  Mark your calendars for December 5 & 6 from 9:30-4pm and tickets are only $15.  There will be a hospitality room set up at the Kimberling Area Library as well where we will have gifts & glitz galleria of featured local craftsman as well as baked goods. Complimentary beverages & cookies will be served.  Prizes will be drawn and lunch is available to purchase from 11-2pm.  You can start purchasing your tickets as of 11/1 at multiple location found on our website http://www.nftrl.org/hometour  Get more information on The Christmas Tour Facebook Page

Spectacular Homes for 2014 Christmas Tour

Last year Neighbors and Friends of Table Rock Lake raised over $28,000 all while fostering friendships among neighbors.  Help us make this year even better and come join us and get involved.  We meet the second Monday of each month at 10:30 at Our Lady of the Cove Catholic Church (20 Kimberling Blvd., Kimberling City MO)  Lunch is always served for $12, but we need reservations, so call Myrna Rickart for more information about Neighbors & Friends @ 417-739-9547 or make a reservation with Anna Chance @ 417-338-0304.

Come join 250 women who want to make a difference here in our community!

“There are no strangers, only friends who have not met.”

                      — Myrna Rickart and Helen Edgington, Co-Presidents

 

Author:  Sharol Nuckolls

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Branson area home with tons of amenities & wonderful views of Ozark Mountains

Are you looking for a home that gives you options with your family & friends? 

The Oak Creek Parkway Subdivision in Branson West  is centrally located, 5 minutes from Branson West for grocery shopping & dining and 15 minutes from Branson for entertainment.  Such as; Silver Dollar City, Branson Belle, Shepard of the Hills, over 90+ of Branson Shows.

But the new owners may not want to leave the subdivision, take your guest to the club house and pool after dinner to cool down after a long day on the lake, or take to the tennis or basketball courts for a friendly game with friends.  The amenities will win you over on this home, as well as the four bedrooms and three baths and over 3,000 sq ft.

When you walk in the front door you will be met by vaulted ceilings and a wall of windows to bring in the natural light.  The homeowners just recently replaced all the carpet on the main level with stain master carpet.  The Great room has a fireplace to cozy up with a good book at the end of long day.  The kitchen /dining  is open to great room and and has hardwood floors, stainless steel appliances and lots of storage.

Entertaining friends and family will be easy, right off of the dining area there is access to a covered deck with wonderful views of the Ozark Mountains & winter view of Table Rock Lake.  Sunsets will be amazing  and the new owners will have to take advantage of them. The master is on the main level and is large with a walk-in closet, spa like bathroom with jetted tub and shower and vaulted ceilings.  There is also main level utility, another full bathroom and bedroom for guests.  The lower level gives you lots of options with an additional family room, full bathroom, workout/game room, office space, storage and two more bedrooms.

If you step out on the back porch you will see a “Secret Garden” 

The hot tub with a view awaits you with natural rock formations and birds singing.  There is also a concrete patio for additional seating and entertaining space.  This house is looking for new owners, it’s got it all!

If you are looking for a home in the Branson area,

Call Sharol Nuckolls @ 417-593-2010 or search our website

@ TableRockRealtyGroup.com.  If you’d like more information about this property follow the link 422 Austin Place

Author:  Sharol Nuckolls

Table Rock Lake Homes for sale

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Table Rock Realty Group

Branson area home with great amenities & Ozark Mountains surrounding it

Prime Location to Branson and shopping, dining & entertaining

Are you looking for a great home?  This 3 bed room 3 bath home is in a Branson area wonderful neighborhood with community pool, tennis courts, club house and much much more.  It is convienantly located down Talking Rocks Rd, so you are 10 minutes to shopping & dining in Kimberling City or 20 minutes to Branson Shows, like Jonah, Six, The Haygoods or Pierce Arrow.  (Just to name a few!) Or take the time to travel to some of our theme parks such as Silver Dollar City or White Water or Shepard of the Hills and of course all the shopping Branson has to offer.

Great Entertaining for family and friends!

This home is in the Reeds Spring School District and just minutes from Table Rock Lake.  The great room has soaring ceiling and a wall of windows to make it bright and bring the out doors in and a fireplace for fall evenings. The kitchen and breakfast nook have hardwoods.  There is lots of entertaining areas with a dining area and great covered deck with amazing views of the Ozark Mountains.  The deck will be perfect for reading the paper and watching the humming birds as sun rises in the morning.

The master is large with trayed ceiling and en-suite bathroom with storage, shower and jetted tub for relaxing in the evenings.  There is an additional bedroom on main level and one in lower level and full baths as well. The lower level also has a large family area with lots of windows that bring in the natural light, almost 900 sq ft of unfinished storage and an additional deck for guests.

This home has a park like setting and the neighborhood is truly special, don’t miss your opportunity to own a piece of the Ozark Mountains!

For more information about this property:

42 Oak Circle, Reeds Spring MO

Table Rock Lake Homes for sale

Call Sharol Nuckolls @ 4817-593-2010 or search for homes on TableRockRealtyGroup.com  If you are looking for a special place here in the Branson area let us help you!

Branson Area Lake view home with great deck

Branson area Lake Life made simple

Life doesn’t get any better than spending time on the deck with family and friends with Table Rock Lake views. Family Barbecues will definitely be on the list of to do’s, as well as crochet in the backyard that is over-size, or a vegetable garden.

Sunset over Table Rock Lake under covered patio area

You will have options when it comes to deck sitting with an upper and lower deck and almost a half-acre of land for privacy. This is the perfect home with almost 3,000 square feet with 3 bedrooms and 3 bath and to family spaces. This property has been totally renovated from top to bottom with new carpet, new roof in 2012, invisible fence,paint throughout home, ceiling fans & light fixtures, outdoor lighting, landscaping, utility shed, replaced upper deck, updated bathrooms, new master closet fast track shelving and much more.

 

The kitchen has updated appliances, cabinetry and lighting, it’s open to family area and has access to the back deck. The family room has a wall of windows to bring lots of light into the room and vaulted ceilings giving the room lots of character.

Updated Kitchen

The master bedroom has lots of light, trey ceiling and a massive closet for all your lake gear and an en-suite bathroom with jetted tub for relaxing after a day on the lake.  There is an additional room on main level being used as an office, but could be used as a bedroom.

Master Suite with all the bells and whistles

Guests will have the lower level with two bedrooms and bathroom & family area and access to deck. If tinkering with cars or hobbies are important to you, or you need storage for a boat this home has two a two car upper garage and a one car over-size lower, storage will not be a problem.

This could be your home sweet home!

This home is fifteen minutes from Branson and all it has to offer in entertainment, dining, shopping and five minutes from the grocery store of the doctor’s office, simply a perfect location on a quiet street.  Be apart of all we have to offer here in the area; Silver Dollar City, Branson Shows, Tanger Outlet Mall and so much more

If you would like more information about this home or any other home her in the Branson area call Sharol @ 417-593-2010 or search for homes on my website at TableRockRealtyGroup.com or look me up on FB or Twitter @ mammanuck

Author:  Sharol Nuckolls

Table Rock Lake Homes for sale

Branson area Lake view home ready for a new family

Living in the Branson area makes it common place to have neighborhood gatherings.

This lake view home has a sweet deck that gives you views of both Table Rock Lake and the Ozark Mountain Country side.  Just imagine bring your coffee and the newspaper out to watch the sunrise with birds singing, as you prepare for the day.

This wonderful home offers the new owners privacy with trees all around, but within minutes of town for shopping, dining and entertaining.  Silver Dollar City is fifteen minutes, friends and family will be lining up to visit with the two guest rooms that are both over sized with walk-in closets on the upper level with their own bathroom and loft for computer work or tv time or just chillin.

The lower level has two family spaces, after a long day on the lake you can take to the couch and watch a movie or take in the gas fire place on a cold winter night.  Or sneak off to the additional living space to read  a book.  This lake view home has a large master bedroom with en-suite bathroom.  The house has been updated with fresh decorator paint colors, new light fixtures and hardware, wainscotting in two of the bedrooms and much more.

Guest will enjoy the opportunity to spend time on the lake, this home comes with the opportunity to purchase a boat slip around the corner. Table Rock Lake was just named one of the top 10 Lakes for Family entertainment.  If lake fun isn’t enough lots of entertainment is within twenty minutes of Branson, where you can shop till you drop, over 100 different theatres to choose from, great dining and parks like Silver Dollar City and Shepard of the Hills or if shopping is your thing; try the Branson Landing or Tanger Outlets and that’s just to get your started.

If you are looking for a great place to live and a great house, Call Sharol Nuckolls @ 417-593-2010 or search for homes @ TableRockRealtyGroup.com or follow me on Facebook or Google+ or Twitter @ mammanuck

Author:  Sharol Nuckolls

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Branson area Resort Style living Table Rock Lake Front Condominium

Branson area condo with Great location w/ wonderful amenities

Have you always  dreamed of resort living lakefront, but you are on a budget?

Opportunity awaits you in this Ozark Mountain condominium it is steps from the lake and surrounded by trees. The condo is beautifully decorated, with all furnishings staying with the new owners.  The bedrooms are spacious and have views of Table Rock Lake. The master bedroom has an en-suite bath and newer carpet throughout the house.  The condo has an open floor plan and the kitchen has a  breakfast bar and newer appliances, hardwoods and decorator colors throughout.

Table Rock Lake views from the Master Bedroom

Branson area condo with breakfast bar

Open floor plan with decorator furnishings

The Branson area condo’s amenities will amazing you!

They  include: two pools and hot tub, kayaks, beach area for fishing and swimming, tennis, multiple covered picnic areas with grills, boat launch, green space, , clubhouse, shuffle board, exercise room, nature trails, archery, miniature golf, ping pong and that’s just getting you started.  Your friends and family will be lining up to come visit you.  Lake living at it’s finest, with no worries.  It is 20 minutes to Branson shopping, dining, entertainment.  Shop to you drop has a different meaning here; Branson Landing, Tanger Outlet Mall, Main Street in Branson with all it’s eclectic shops and the Hwy 76 Strip, Lots of options.  This condo has it all and it could be yours!

Kayaks & Paddle Boats

Family & friends gathering areas

Two pools available on property

Lots of options, from nature trails, exercise room, archery and much more

Making memories with Family and Friends is what this condominium offers, all you need is your lake toys, swim suit and flip flops!  Resort living on a budget, it just doesn’t get any better than this.

If you are looking for a real estate professional in the Branson area, to help you through the process of buying or selling a home/condo.

Call Sharol Nuckolls @ 417-593-2010 for more information or find me on Facebook or Twitter (mammanuck), Google+, Pinterest or search for homes @ TableRockRealtlyGroup.com

Author:  Sharol Nuckolls

 

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Things to think about when purchasing a home with septic system & water wells

Purchasing a home in the Branson area on Table Rock Lake offers you a great lifestyle. Depending on the home you purchase it could involve your first experience with septic systems and water wells. So being prepared and educated and using your real estate professional to help you navigate the purchase will help things go smoothly.

Wells are utilized usually utilized outside the city limits. A well could be community (subdivision), shared (multiple persons) or private (individually owned). The well is cared for by those who are involved. It is important that wells are inspected and maintained on a regular basis to insure for healthy drinking water. Well agreements cover costs, maintenance, etc. For more information on well maintenance and inspection go to Private Ground Water Wells

Just like water wells septic systems are typically used when city services are not available. In Stone County a seller of a home is responsible for obtaining a septic certification. The seller has a qualified septic inspector evaluate the system and ensure the system is in good working condition. If it is not the seller is responsible for making repairs to the system. Not all counties require certification, so I strongly encourage a septic inspection in these counties. Septic systems can be very costly, so it’s very important that it’s in good condition.

A septic system can run from $1,000 – 6,000+ or more depending on the type and size of the system. Following are some simple steps to maximize the life span of your system.  To learn more about septic systems go to EPA’s website 

If you would like more information on cost of installation of a septics go to Zillow’s Blog

Learn to compost- It makes sense both for the environment and for your septic to put less waste in it. Only use your garbage disposal when necessary, almost all things put in a disposal can be composted. (And composting is also great for your flower beds) Finally don’t flush non biodegradable materials down your toilets.
2. Newer systems tend to be leach fields. These systems consist of lines that run through your yard. (these systems actually can help water your yard) but it’s important that you don’t plant or dig in that area. A tree root could actually break a line or you could cut it by using a shovel. These are not inexpensive fixes, so just make wise choices on where to plant and garden.

3. Depending on how much you live in your home (full time vs 2nd home), the number of people living in the home and size the system you will need to have it pumped. (Typically every 2-6 years depending on usage) You can hire a professional service to come out once a year to make sure it’s in good working condition and alert you to when it may need to be pumped. If you’d like more information on septics  go to  Stone County Website

Septic systems work well and when maintained can have a long life. If you have any questions or would like more information you can call me or if your searching for a home in Branson MO and would like a real estate professional: Call Sharol Nuckolls 417-593-2010 or search for homes @ TableRockRealtyGroup.com, or follow me on twitter @Mammanuck or FaceBook

Branson Mo

Author: Sharol Nuckolls

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Branson area Rustic Ranch with amazing views of Table Rock Lake

Rustic Ranch on Table Rock Lake

Have you always wanted a cabin or home on Table Rock Lake and couldn’t find a view that matched your budget? 

This Rustic Ranch can check all the boxes.  This home has stunning views of the Kimberling City Bridge and open channel views of the Lake, Fourth of July will never be the same watching fireworks will become a tradition.  It is situated on an acre of land and nestled in the Ozark Mountains, sunsets won’t disappoint the new owner.

Table Rock Lake & the Kimberling City Bridge

Table Rock Lake from the deck of this Branson area home

Lake life is all about easy living, this home has been totally remodeled from the inside out.  Family & friends will line up to visit,  this home has  three bedrooms and an open floor plan to make it easy to entertain.

Open floor plan for easy entertaining

When you walk in the door, you’ll feel right at home from the large kitchen with stainless steel appliances, butcher block counters and tons of cabinets for storage.  Don’t be surprised if guest  linger after dinner to enjoy the view.  The party could spill out onto the long patio or deck where barbecues or sunset watching will definitely be mandatory.

The master bedroom is over sized with updated bathroom, walk-in closet, Brazilian hardwoods throughout the whole house, access to patio and deck where the new owners can unwind from a long day on Table Rock Lake.  This home is close to shopping, dining, entertainment and minutes from the lake.

This home is truly a jewel and is waiting for the new owners to make memories on Table Rock Lake.

Watch the tour of this Rustic Lake Home

Are you looking for a Real Estate Professional to help you through the process of buying or selling a home?

Call Sharol Nuckolls @ 417-593-2010 or follow me on twitter @Mammanuck, search for homes at TableRockRealtyGroup

Do you have real estate questions?  Let Table Rock Realty Group help you.

Author:  Sharol Nuckolls

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Branson Area Lakeview Home with Contemporary Colonial Style

This Branson area dream home with Table Rock Lake view has southern colonial inspired features: an amazing wrap-around porch, sprawling and airy cathedral ceilings, and a gabled roof with gabled dormers to add charm and character.

Home Sweet Home on Table Rock Lake

The home is a perfect lake home. It’s “easy living” at it’s finest.  When you step up onto the wrap-around porch, just imagine sitting in a rocking chair and reading a book or having a glass of ice tea while waiting on friends to arrive.

Open the door to a beautifully dark, hand-scraped hardwood floor below your feet,  and vaulted ceilings adorned with a sparkling chandelier that lifts your eyes upward.  The great room has a wall of windows that welcomes the views of Table Rock Lake into the room. The French doors lead out onto the spacious deck and to the right, a pass through window from the kitchen, so you can interact with guests while cooking.

Branson area updated kitchen with stainless steel appliances, granite & backsplash

Entertainment made easy with this Branson area updated Kitchen

The kitchen has recently had many updates: granite counter tops, new appliances, sink and the whole house has been repainted with crisp colors all accented with a stunning backsplash. On either side of the kitchen you have two dining areas. The breakfast nook has more windows to bring in the sunshine as well as the great view of Table Rock Lake to start your morning. The formal dining area is large and over looks an additional patio with a charming arbor of clematis: a perfect spot to add a water feature. This outdoor space is perfect for late afternoon entertaining because it will offer shade for those warm June evenings in the wonderful Ozarks. Bring a glass of wine and unwind here after a long day on the lake.

Open the French doors and pull yourself away from the Great Room to take in the view of Table Rock Lake from the deck. This great outdoor space puts you front and center for amazing Ozark sunsets. This deck is calling for lake parties with your family & friends. The home sits on a ½+/- acre with a fenced area for pets or a place for a garden or play area for kids.

This home has been tastefully updated all throughout. The hand-scraped hardwood floors extend throughout the house. The master is cozy with a walk-in closet & master bathroom with garden tube and tile floors. You’ll also find a library right off the master with great views of the lake. This room could be multifunctional: a hobby room, additional bedroom, or an office. It will inspire the artist in you or encourage your innovative business ideas.

The upper level has two quaint bedrooms with lots of storage and a full bathroom.  The lower level is a masterpiece for entertaining. There is a lounging area where a bar could be added, a pool table space, and then an inviting family area to watch movies with a brick surrounded propane. The lower level patio allows for additional outdoor entertaining. Creating memories of lake life will be easy in this home. Every inch of indoor and outdoor living space at this home will blow you away.  Located minutes from the boat launch in the neighborhood and having a detached oversize two-car garage to house lake toys, makes this house perfect for lake living.

Branson MO offers you lots of options for entertaining your guest, such as; Silver Dollar City, Shepard of the Hills, Table Rock Dam, Shepard of the Hills Fish Hatchery, Branson Landing, Branson Tanger Mall, Branson Theatres and much, much more…

Don’t miss this Branson area lakeview home with a contemporary colonial style ; it’s perfect Leisure Lake Living on Table Rock Lake.

Are you looking for a real estate professional in the Branson area or have questions?  Call me @ 417-593-2010 or email me at sharol.nuckolls@gmail.com  or search for homes @ TableRockRealtyGroup.com Or follow the link to similar homes in Branson Area

 

Branson Area Lakeview Home with Contemporary Colonial Style

Author:  Sharol Nuckolls

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