Sure, everyone will tell you it's a great time to buy, but when you're talking lakefront property there's an entirely different reason.
- Is it interest rates? Well, yeah. Those are still pretty darn good right now.
- Is it the buyer's market? There are a lot of properties out there to look at and choose from.
- Is it the economy? We've seen some slight improvement, but I wouldn't hinge my decision on this one!
- Is it the tax return you have coming back for a down payment? Tax return? Really?
Well Stan, what is it you say?
- It's timing. It's a close look at the calendar.
Each year, the summer brings tourists to the beautiful, Finger Lakes area of Upstate, New York. And each year, those visitors fall in love with the wineries, the views of the rolling hillside, the crystal clear lakes, and the thought of returning even more often to their own little paradise on the lake.
What they don't do each year is plan! They don't plan for the time it takes to find and purchase a lakefront property! They don't take into account the steps that a local real agent will help you work through seamlessly. Each of these take time and many a new property owner figures this out as they sit at the closing table, buying a property just in time to close it up for the winter!
Some of the steps include:
- Evaluating your options and finding that "just right" home or cottage.
- Offering, Counter offering, and securing an agreement.
- Attorney steps to secure a clean title and abstract.
- Bank financing, appraisals, and qualifications.
- Fundamental steps like surveys, well & septic inspections, easement acknowledgements, etc.
If you have an interest in having a home or cottage in the Finger Lakes, ask your agent to start the search soon! Don't wait for the summer to be in full swing. NOW is the time to look for your dream home. Give me a call to start that search today!
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