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Top 3 Reasons to Purchase Your Vacation Home Now

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Lakefront Living by Mary

Lakefront Living by Mary

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This may seem like an odd time of the year to be out looking for a vacation home, at least in the Northeast, specifically the Keuka Lake area where this message is coming from.  Yes it is unseasonable warm for the last day of November.So take advantage of it.  Standing on the lakefront with a wind chill of 10 below is not very inviting and it is not easy to imagine the warm nights of summer in your summer home

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  1. For many this is the time to find a bargain,  Homes have been on the market for the long buying season.  Many buyers are or have already winterized the home but still have minimal utility costs to cover,  They may also be thinking about the process starting all over again in the Spring  So for many, a reduction in price removes an additional responsibility ad will allow greater discounts.
  2. Purchasing a second home now allows you to close midwinter and gives you the opportunity to prepare the property for use in the upcoming year.  This is especially important if you plan on placing the home in a rental management program. You can take the list of preparedness, do your shopping and be ready to go.Contractors will also appreciate the off season work and you will not be stuck in the middle of a busy contractors schedule. They will be able to commit to your project completely and you may even receive a better price from the contractor.
  3. If you plan on carrying a mortgage or borrowing against the equity in your primary property, interest rates are still unbelievably low.

For more information about purchasing properties in the Finger Lakes and on Keuka Lake, contact Mary St George your waterfront specialist in the Finger Lakes and your Personal Connection to Lakefront Living, She is an Associate Broker with Wine Trail Properties, 315-719-8377 www.winetrailproperties.com

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