Tag Archives: Lake Homes

Selling a Home in Winter

Selling a home can be frustrating in the winter market.  While there are advantages to having a home on the market through the winter, there could also be disadvantages.  What works best for you as a seller, is a very personal decision.  Let your real estate agent help you sort out whether to keep your home on the market through the winter.

Here are a few advantages to keeping your home on the market:

  1.  There are less homes on the market making inventory low.  You have a better chance of being noticed when there is less inventory.
  2. Buyers looking in the winter months are serious buyers.  You have a better chance of selling when the buyers are looking through the snowy season.
  3. Prices can be a bit higher because of low inventory bring in a sales price closer to your list price.

The disadvantages can be downplayed by keeping a good attitude about your move.

  1.  Moving in the winter is not fun – but with a little research you can find a good moving company and save yourself a lot of work.  Companies are looking for work in the winter and offer deals to you.
  2. Keeping the way clear of snow.  Yes, this is especially important for the winter snowbirds. 2Hire a company to keep your drive clear of snow.  This makes it easier to get in for showings and gives the buyer the message that you care about your home.
  3. Buyers are looking for deals, deals, deals.  They sometimes want to offer lower prices thinking that you are desperate to sell.  This is not always the case, so be strong during negotiation if you have a good product.
It’s only a few short months and we will be talking about spring and summer.  You can make it though the winter with an agent that is resourceful and able to help you out with services needed during the winter months.  Hopefully, by spring you will see a big SOLD sign on it.
1 MainFor more information on this beautiful winter home for sale – click on the photo above.

Winter Home Buying. by Kathleen Adams, Canadian Lakes Homes Blog

Winter home buying can be perplexing for both buyer and seller, especially in the north.  When the weather turns and temperatures are freezing the ground, the snow is up to your knees, and it is not fun to tramp through the elements to shop for homes, it can be trying.

Working in a climate that brings snow, cold temperatures and homes that are seasonal, it has many challenges for the Realtor, the buyer and the seller.  But, working through the challenges can be rewarding.

Sellers often think that there are no buyers in the winter and take their homes off the market.  This is simply not true, there is always someone looking for a home.   Seller on the market through winter may just be rewarded with a buyer.

When we had little kids and took them to the mountains to ski, we always advised them to dress in layers and take extra gloves.  You can always strip down if you get too hot, we would tell them.  This is the same advice I have for buyers looking in snowy northern Michigan for homes.  Buyers are often coming from climates that are not as severe and are met with a surprise when they have to trudge through snow knee deep and look at a home with little to no heat.  Be prepared for all things when looking at homes in the winter months.  Bring boots, hats, gloves, etc.

Sellers find another challenge when they actually have an offer presented to them in the winter.  If it is a summer home, they are often out of town during the winter months and need to deal with things from a distance.  Their home may be winterized and they will now need to deal with opening it up for inspections and then re-winterizing it until closing.  They may not want people coming through the home with snow.  They may not want to have the driveway plowed and add an additional expense.

Seller can work with their Realtor to handle snow plowing and to protect their homes.

I find that buyers generally flexible when it comes to inspections.  Trying to coordinate things to avoid de-winterizing more than once, etc. can be done.  Depend on the Realtor to make sure things get done to eliminate extra costs.

Buyers sometime take a risk buying in the winter.  For instance, a waterfront home be a risky buy because you really cannot see what the waterfront is like.  The Realtor should be able to come up with photos from the seller to rest assure the buyer as to the condition of the waterfront.  Another challenge is inspections of the well and septic systems.  This can not always be done in the winter.  If the septic inspector cannot break ground to access the system, inspection has to be postponed or waived.  A seller that has records of all septic inspections can be helpful.  These records sometimes serve the purpose for the buyer.  Keep those systems in good condition with regular checkups and keep the records handy.

These are just a few examples of winter challenges when buying or selling a home.  They are not monumental, but a bit more work versus summer season selling.  It can be done if the seller, buyer and Realtor all work as a team to – get it sold!

 

 

Summer is Here! by Kathleen Adams, Canadian Lakes Homes Blog

Summer is here!  People are starting to come to the area for the summer lake season and golf season.  It is good to see the town all abuzz!  Don’t forget to visit me at Coldwell Banker Lakes and get a map of the area while you are here.  I have other information on homes available, our new summer brochure and information on what is going on in Canadian Lakes and the surrounding area.  Many great homes are available on all-sports lakes around the area as well as great deals in Canadian Lakes.  Let me know what you are looking for and I will do all I can to help you out!

See our homes here:

Canadian Lakes Homes For Sale – Area Homes for Sale

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ISLAND COUT HOME FOR SALE!  SEE ME FOR MORE INFORMATION AT WWW.CANADIANLAKESHOMES.COM

HAPPY SUMMER EVERYONE!

‘Tis the Season

http://www.youtube.com/watch?v=XWaagvWm7tM

‘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!

Buyers look here for current home deals!

Hot Deals, by Kathleen Adams, Canadian Lakes Homes Blog

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!

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VISIT www.canadianlakeshomes.com to see homes for sale.

Let’s Go To The Cottage – Canadian Lakes Homes Blog – Kathleen Adams

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!

Check it out —- we may have something for you: 

Cottages For Sale

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Hells Kettle New View

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Summer is Here – Kathleen Adams, Canadian Lakes Homes Blog

Summer is here!  Finally the season we all long for has arrived.  Thankfully it has brought along some warm weather.  The weekends have not been the best weather so far this June so we welcome the warmth and the sun!  Boating season has begun as has the golf season.  At Canadian Lakes we have many clubs and activities that have started as well.  It is a great time to look at homes and we have a great selection of water front properties to choose from as well.  Join the fun at Canadian Lakes and the surrounding area lakes with vacation home ownership.  Check out all the great homes here:

Lake Fun

Muskegon River Cruise – Kathleen Adams, Canadian Lakes Homes Blog

The mighty Muskegon is how people refer to it around here.  We took our boat on a cruise of the Muskegon River on Sunday.   We put it in at the River Landings Resort and had a four hour cruise on the Hardy Dam Pond.  Beautiful water, beautiful scenery and just a beautiful day all around.  It was such a relaxing day and the sights were amazing.  There were so many carp  jumping, it was as though the water was boiling.  The swans were beautiful swimming and splashing about.  There were about ten turtles perched on a log.  And, although the water is still cold, we saw one wakeboarder – a diehard to be sure.  What a beautiful place to consider living or a vacation property.  I will have to explore more on the Mighty Muskegon!

See my photos here:

Cruising

No Money Down? Kathleen Adams Blog

No money down is a term heard often in Real Estate today.  What does no money down really mean?  I have had first time home buyers come in to “shop”.  They are pre-qualified with a bank for a “no money down loan”.  Now I know the banks are informing the client about the loan products they will be using.  There are certain products that require “no money down”.   But “no money down” does not mean “no money at all”.

Buyers shopping for new homes do need to have some money to buy a home.  First of all, you will need a “good faith deposit”.  This usually consists of cash deposit made when putting forth an offer on a home.  Most of the time, and especially when buying a foreclosed home, the deposit required is a minimum $1,000.00.  Next, you will need money for inspections.  Typically, inspections run $350 and up.  An average home inspection is more near the $400 mark.  Inspectors expect to be paid at the time of inspection.  What about lender expenses.  Are you expected to pay for the appraisal?  Will the lender be rolling expenses into the mortgage?  When first time home buyers are shopping, these numbers can be overwhelming.  If you expect to buy a home with “no cash” this can be a shocker!

Buyer’s beware, no money down does not mean no cash required.  There is a difference and you should be prepared.  It’s great to get pre-approved with a lender.  This gives you an edge to know what your buying power is.  Next look at your household budget and decide how that fits in your overall plan.  Next, establish a cash fund to use for expenses during the purchase process.   Planning will elimate all the surprises for new home buyers.

For more help with purchasing a home, or answers to any real estate questions, please get in touch with me.

Canadian Lakes Winter Carnival 2013

Today is the Canadian Lakes Winter Carnival 2013 at the Highland Haus.  I stopped in this morning to serve hot dogs with our Coldwell Banker Lakes team.  Since they were so well equipped to handle that job, I ventured out to see the action.  The kids were having so much fun, it made me want to be a kid again.  Sledding, ice sculpting, ice skating, sleigh rides, face painting, clown balloon making, arts and crafts all were going on while the Mom’s, Dad’s, Grandpa’s and Grandma’s were all hanging out and having fun catching up with other families.  Out on the patio the Morton Township Fire Department were grilling up the dogs.  The Canadian Lakes Association and Coldwell Banker Lakes were inside serving the dogs.  There were cookies galore, hot cocoa, chili donated by Gregory’s Grill, popcorn and snacks for all.  The event is still going on through the day, but I had office duty this afternoon so all of the Coldwell Banker Lakes team could enjoy the event.  I would say the Canadian Lakes Winter Carnival 2013 has to be one of the best ever with all the wonderful snow we were blessed with this week!  A perfect day all around.  See the Canadian Lakes Winter Carnival event here – click on the photo!

Canadian Lakes Winter Carnival 2013
Canadian Lakes Winter Carnival 2013

For information on Canadian Lakes real estate visit my website at http://www.canadianlakeshomes.com