19th Sep 2007
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19th Sep 2007
Be ready! Get your financing in place first. Know how much you can spend and shop accordingly. If you see what you like and it’s in your price range, don’t spend a lot of time thinking about it. If you like it, someone else will too. Even if the property has been on the market for 6 months or more, the law of averages says that several buyers will show interest in the same property at the same time.
Be realistic! While we are currently experiencing a Buyer’s Market with lots of available properties for sale, this won’t last forever. Find and work with a REALTOR®. Don’t expect that all the Sellers are so desperate that they’ll accept a low offer. Lake Martin isn’t really like that.
I know I’ve said this before, but…
Be educated! Learn about the Lake Martin area - it is huge. You may find the perfect place that meets all of your criteria, but the location will add another hour to your travel time. If that’s an important issue, think twice. Extra driving time can get old and you don’t want to hate coming to the lake because of the trip! Most folks buying at Lake Martin are purchasing second homes and future retirement homes.
Be aware! The services you expect may not be available near your potential purchase. If you’re coming from a large city (most places are larger than Alexander City, Dadeville, Eclectic, Equality, and Jackson’s Gap!) you are accustomed to certain amenities nearby - major grocery stores, movies, pizza delivery, shopping, etc. Lake Martin is beautiful but a significant part of that beauty is the remoteness and seclusion of its shores.
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