Tuesday, February 23, 2010

Outside Magazine Article on Buying Recreational Propery



Everyone knows one of those guys whose grandparents bought a vacation home for
peanuts when property was cheap. Once a year, you get invited—to the lake house,
the slopeside cabin—and say the same thing to yourself on the drive back: I wish
my family had a place like that. Well, now's your chance. Low prices and
record-low mortgage rates make this the best time in generations to buy your
dream escape. Not so you can flip it—those games are thankfully over—but to use
it, then, someday, hand it down. We asked Larry Olmsted, who writes the Life on
Vacation second-home real-estate column for USA Today, to report on ten spots
where you can get the best value for your money. Your job is to pick one. Your
grandkids will thank you.

This article by Larry Olmsted caught my eye while I was reading one of my favorite magazines, Outside. It really sums up why today's real estate market is prime for buying a second home, cabin or vacant land in Northern Michigan. I believe that Northern Michigan was overlooked in the article, but hey, more for the people who have already discovered this wonderful area. With interest rates low, the property values steady, it is a great time to invest in your family's future. The areas that Home Waters covers offer some of the best prices on recreational property in the country and with all the rivers, lakes, creeks and streams there are literally boundless opportunites for waterfront living on virtually any budget. Northern Michigan is a four season playground for the active lifestyle and opportunities are everywhere in all seasons to enjoy nature's settings.
If you would like more information on finding the property "that will make you grandkids thank you" please don't hesitate to contact me(brian@homewaters.net) or any of the agents at Homewaters to help get you started in taking advantage of this great market.

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