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Real Estate Agent Or Broker
Real estate experts go by a few different names, although the distinction shouldn’t matter for you as a first time home buyer. Important is to make certain the broker or agent you chouse is a licensed real estate professional. All real estate...
Real Estate Marketing Tools – An Agent’s Guide To Modern Technology
Seems every time you blink there’s new marketing technology being released.
I that predict within the next ten years we’ll see a robot marketing assistant. Can’t you just picture it? Robo-biz XR-17 ... he can help you grow your business while...
Taking the Time to Find the Best Home Improvement Loans
The best home improvement loans usually aren't going to be the first loans that you encounter, but if you're in the market for a loan to pay for repairs, expansions, or improvements to your home or other real estate then it might be worth your...
The Real Estate Bubble-when Will It Burst?
More and more individuals are realizing that real estate is much safer, and a better return on investment than many traditional investment vehicles. Unlike stocks or bonds, real estate investments can usually be liquidated in order for the investor...
Tips For Buying Timeshare
Want to enjoy an ideal vacation with your friends and family? Buy a timeshare property. Buying a timeshare for a vacation is the best way to enjoy a good holiday out with your family and friends.
First things first, what is a timeshare? When you...
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How To Buy A Vacation Property In Minnesota
Purchasing a vacation property is a big step for most people. If it is your first, you need to keep several things in mind before you move forward with a purchase.
1. Decide what type of property you want. Perhaps, as travelers, you simply want a lot to park a RV. Perhaps a simple seasonal cabin on the lake. Or a regular, year-round home suitable for retirement. Do you like to swim, fish or go boating? These are all questions you should ask before you even think about buying.
2. Vacation SEVERAL times to the area you are interested in purchasing property. You will then get a feel for the other people in the general area, and if you'll "fit in". You will also want to find the best locations for food, shopping and entertainment that best suit your lifestyle. Fortunately, many of these amenities exist in the Central and Northern parts of Minnesota lakes country. Remember, summer-time traffic in the lakes areas of Minnesota is heavy at times, light at others, consider this in your location selection.
3. Decide on your price tolerance. Gone are the days of "cheap" lake cabins and homes. Lake shore property in Minnesota sells for a premium price, even undeveloped lots are expensive. Decide how much you are looking to spend and arrange your financing if needed before you start looking. This will make your buy process much smoother.
4. Get as much information on listings and property for sale in the area you are
interested in as possible. This means gathering all the real estate guides, newspapers and free-shoppers. Find out what is for sale in your market and price levels. Make a list of features and benefits of properties you are interested in. Compare prices from one area to another. This intelligence will give you the insight you need to make a good buying decision.
5. Select and use ONE Realtor. The services of a Realtor that specializes in vacation property is key. Their insight to the current market can guide you toward the right purchase, based on your personal interests. Since you will be armed with the information you gathered on potential properties, and have answered all the tough questions about prices, location and financing before even approaching an agent, your agent you selected can focus on the process of finding the property that is right for you.
About the Author: Jennifer McTighe is Realtor for Coldwell Banker, Property III in Crosslake, MN and specializes in vacation property. This poplular area attracts visitors throughout the US, due to the scenery, fishing, boating and community activities in the area. For more information, visit http://www.jennifermctighe.com Or call 218-330-4406.
Source: www.isnare.com
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