16th Feb 2009
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16th Feb 2009
DO NOT look back and say, “Why didn’t I buy that place at the lake when I had the chance?” Timing is everything and now may be the best time in years to purchase property at Lake Martin. There are lots of properties to choose from, sellers seem to be negotiating, interest rates are really low, and mortgage money is available.
It is hard to move forward when all the news we hear and see is bad. But some folks are braving the bad news and are buying lake property right now. Last week, I worked with two different buyers who each obtained 4.5% financing from different lenders. They both purchased condos. By the end of this month, two more families are purchasing homes in the area, one is on the lake and one has lake access. One of these is a second home and one will be a primary residence and each one got a great interest rate.
Many sellers are asking reasonable prices for their lake places and they are open to offers. So, if you’re looking in a certain price range, look at prices a little higher than your upper limit. And for goodness sake, hire a REALTOR® to help you find the best place at the best price on Lake Martin!
Whether you want a cabin…
Or a castle…
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