Wednesday, January 4, 2012

Old Man Winter can be a Buyer's best friend

There's a saying that goes, "When the wind is from the East, the fish bite the least". It speaks to how weather has a dramatic affect on the moods of fish. The same holds true for people. When searching for vacation properties in Northern Michigan, you may have no better friend than Old Man Winter. Just like boats, the best time to get the most for your money in terms of a vacation property in Northern Michigan is late fall and early winter.

Sellers don't want the additional cost of carrying the property through the winter months when they're most likely not using it. Many cottage owners view their vacation property as a bit of a burden in the winter and assume there just isn't going to be much interest from buyers until spring. While that may have some validity, the smart buyers have made a New Year's resolution to team up with Old Man Winter and make sure they have their spot on the water before the ice melts.

As we approach March, thoughts turn to spring and the impending melt that will surely usher in more buyers. That puts a lot of optimism in the minds of sellers that the buyer for their property will likely be coming to tour their home soon. This makes them less likely to be as aggressive on price and terms as they might otherwise have been during the dog days of winter in January and February. If you're serious about 2012 being the year you and your family find your own Home Water, now is the time to locate it and make the offer that will get you the most bang for your buck!!

Winter finally arrived with a vengeance with the recent blizzard conditions in many areas. There are anglers on the ice on many lakes, the snowmobiles are on the trails and the ski hills are operating at full bore! It's a great time to get Up North. While you're in town, contact one of our agents and take a look at some of the great properties we have for sale.

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