Northern Michigan Real Estate Buyers Recommendations

By
Real Estate Agent with United Country-Michigan Outdoor Properties - Northern Office

Working in Northern Michigan Recreational Real Estate, I have seen some interesting property transactions.  To help prevent the hidden nightmares from occurring,  I recommend that my buyers have the following items completed before closing on a property:

One:   Survey, or Subdivision Plat Map.   Are corners marked on property?   Boundary Lines?     Too often, I am hearing stories of Hunting Blinds constructed on the wrong property.    One of my Customers from our Sturgeon River Campground www.SriverCamp.com bought a piece that had the neighbors Trailers on the property.      Another bought a piece that the Real Estate Listing stated 102Acres, the Survey stated 86.9 acres.

Two:  Home inspection should be completed.  With seasonal homes if not shut down correctly for winter, hidden damage could occur from broken lines, etc.   A thorough inspections (insured) helps identify potential defects so the buyer is aware.     Typical inspections will review Mechanical and General Home conditions.

Mechanicals ( 3 below )
Plumbing, Heating, Electrical

General Home ( See below )
roof structure, roof covering, structure, foundation, windows, walls, floors, doors, built in appliances, door bells, water heater

Three:  Thorough Title Search, the listing agent or seller may not have disclosed that there are “Deed Restrictions” which may not allow you to build that small cabin that you dreamed off.    A title search will identify those.   Also, a title search will identify if there are Liens on the Property.   i.e. a Builder can place a Mechanic’s Lien on the property for unpaid bill.

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If your looking to buy or sell Northern Michigan Outdoor Property, contact me.

Bob Foster

Broker, Northern Michigan Outdoor Properties

15247 Trowbridge Rd, PO Box 134

Wolverine, MI 49799

1-231-525-8300

 

Northern Michigan Real Estate

Comments (3)

Trevor Elliott
RE/MAX Integrity - Salem, OR

Due Diligence is so important. GL

Feb 15, 2010 05:21 AM
Randy Ostrander
Lake and Lodge Realty LLC - Big Rapids, MI
Real Estate Broker, Serving Big Rapids and West Central MI

I agree with Trevor, Due diligence is critical. The time to find out there is an issue is BEFORE there is an issue.

Feb 15, 2010 10:39 AM
Robert Foster
United Country-Michigan Outdoor Properties - Northern Office - Wolverine, MI

Trevor and Randy,

 

I agree with Due Diligence is important, that is why on my listings, I will order a preliminary Title to see if there are issues that need addressing.

Feb 15, 2010 10:59 AM