‘Tis the season for buyers looking for a new home!
Contrary to popular belief, there are buyers looking for homes during the winter months. This is the time of year that many sellers either lower their price or take the home off the market for the winter. This leads to low inventory. That make it nice for sellers who are sticking with it for the winter. They have a better chance of selling their home. So if you are looking for a home this winter, you know you have a motivated seller – get out there and make a deal!
Hot deals on lake front property will be out there. Just look around and see what is still on the market and if they are willing to make a deal. Now is the time, Labor Day weekend marks the end of summer for many lakefront homeowners. Most people are done using their cottage this weekend. They are getting the kids back to school. The retirees are getting ready to go back to their winter homes. Generally if the home has not sold by now, they are reducing prices. If they haven’t reduced prices, they will be ready to negotiate something to get it sold. So, check out the hot deals, summer may not be over just yet!
Let’s go to the cottage! These words bring sweet memories as I think back about our cottage years. In fact, they are never ending times. The cottage was a place we went to year-round and spent quality time together with family, extended family and friends. Memories abound when you have a cottage and they are years that you will always cherish and want to continue with each generation. We visited friends last night that are here from Lake Tahoe. And when I say here, I mean they are at the cottage on Horsehead Lake. They, like our kids, grew up at the cottage. They are now married and having children and have come to spend two weeks at the cottage. This is home away from home, a haven, a place to go to recharge. And we recharged each weekend in the summer, and many of them spring, fall and winter.
When our kids were in college and had time to come home, it was to the cottage they roamed. The cottage was home because that is were their fondest memories were made. There is nothing like a cottage; and what a time to invest in a cottage. We have a good inventory of cottages around the lakes in the area. A changing of times for many families that have to sell for some reason. But what a great time for someone to start their cottage memories by investing in this vacation market. I can remember a time when you could not find a cottage on our lake to buy. If someone did want to sell, there was someone in the neighborhood that knew someone who wanted to buy it. They never hit the market!
I think this is one purchase you will never regret. A cottage is so much more than a vacation property. It permeates the very people it houses with sights, sounds, smells, and great times! Our first cottage was 700 square feet, had three bedrooms and a pull out sofa – one bath. We had the best times there and still recall all the fun things we did when we are all together. Our second cottage was 5 bedrooms and baths, and I remember having 50 people for my 50th birthday and what a celebration weekend it was! Big or small and cottage does it all.
Thinking about a cottage? Come and see what our area has for you! There is a nice selection to choose from with prices all around good!
Hopefully when you sign that purchase agreement, you don’t go away feeling “oops what did I buy?” That would be a dreadful feeling. If this is the feeling you have after your first purchase agreement signing – maybe your gut is telling you something. Yes you have a chance to get out of the deal if the inspections fail, or financing fails, but that can all take you down a road that costs money. To avoid overspending to buy that home, take a little time to think it through thoroughly. Take someone along to help your sort everything out. Another set of eyes can’t hurt. Be objective, let your excitement get put aside for a moment and think logically through all that you are looking for and whether that home will do it. Remember a wish list is always packed with more than is usually reasonable, so compromise on the little things, not the big things.
Last week I had a new buyer get excited about a home for the wrong reasons. The feature they liked was not expensive, but the rest of the house was a mess. It would have been more cost-effective to buy a home more move in ready and add the feature they wanted.
Before moving on to inspections, appraisals, and other things that cost money, make sure your eyes are not deceiving you – it can be costly. It’s like painting – preparation, preparation, preparation – then paint. This will save you money!
Winter is on the way – that is for sure. We can expect snow any day now. The mild weather this year has us fooled but we know that winter is on the way. It is also a time when people like to “take their home off the market”. Sometimes that can be a mistake as it interrupts the marketing. Two things that we can also be sure of in Real Estate; to sell a home it needs to have a fair market price, or a longer period of time on the market. If it is priced right, it should sell in a fair amount of time. If it does not, and seems priced high for the market area, it will take a longer period of time to sell. Keep up on the market in your area with a good Real Estate Agent!
Enjoy the upcoming winter season, and as we look forward to the next season, if you are dreaming of that summer property, it’s never too early to start looking. There are great buys out there. Don’t forget, winter is on the way!
It’s official – the time for school has come. While parents are proud to see their little ones going off to new and exciting school days, somewhere deep down they are thinking, whew – summer was hectic and I’m glad it’s over. Time for school can mean more time for parents to do parent things. Time for school can also be a time for parents to reflect on the summer past and wonder what would make it more relaxing. Have you thought about a summer cottage? It could be just the thing to bring the family together and help you relax while having fun. There are still plenty of warm sunny days to explore homes for sale. So while your little one is spending time in school, do a little parent shopping. I can help you find that perfect summer home – and make your next summer an unforgetable one.
Labor Day at the Lakes is here this weekend. Wow – I cannot believe this summer is about over. We had a great July in Canadian Lakes with plenty of wonderful weather. August has felt a bit like September but we cannot complain about this past week. I have had the opportunity to get in a bit of golf this summer as well – which has been nice. Even thought people will be winding down the cottage season as Labor Day at the Lakes approaches, there will be plenty of time to enjoy the summer season through September. The lakes will be full of activity through September and some of October. So, enjoy your Labor Day at the Lakes! If you get a chance to look at homes, we still have a great selection. See what owing a home on the lakes is all about. Click the icon for more information on great lake homes.
CLICK PHOTO FOR HOMES IN AND AROUND THE CANADIAN LAKES, MICHICAN AREA.