Archive for the 'Information' Category

Keuka Lake – Multiple Offers ?

Yes, multiple offers are back, and it’s a sign that the market is warming up.  As either a buyer or seller, I have a few recommendations for you.

How To Handle a Bidding War  – A Few Tips 
Sellers:

• The highest offer isn’t always the best offer.You want to take a look at the contingencies in the contract.  They could cause delays and more costs.

• Make your decision quickly.

• Do not decide to start looking for more than your asking price, the bidding can stop at any time and leave you with no offers.

• Always be mindful that you do need a buyer, so keep their interest in mind.

Buyers:

• Start with your best offer. A lowball offer will put you out of the running immediately – offer your best fair offer.

• Earnest money can make a difference. Increase your earnest money deposit to show the seller you are serious about closing and will not back out of the transaction.

• Pre-approval is a must in any market, and more so in a hot market. A mortgage pre-approval (or proof of funds for cash buyers) is a necessity.

 • Find out what’s important to the seller. Ask your broker to find out the seller’s hot buttons in the transaction. Is the seller set to move ?  Are they looking at purchasing another home once they find a buyer for their current home?  Maybe they’re willing to accept a slightly lower price for a fast closing or an “as-is” contract.

• Sometimes you will want to waive contingencies. Depending on the condition of the home, your finances and/or the state of your local market, it may make sense to waive certain contingencies, such as a home inspection or mortgage financing. Waiving contingencies is something you really want to think out. 

As I was putting together this blog, one of my Keuka Lake property listings became fodder for a bidding war.  It came out of  left field and caught me by surprise. It has been quite awhile since I have seen this type of market.  It is actually very difficult for the seller to make a decision with multiple offers, especially when they know the parties . Staying professional and reminding your seller of their objectives will help them make the best decision for their needs.

 Contact me anytime, and remember I always appreciate your referrals.

This information brought to you by Mary St.George, Associate Broker, Wine Trail Properties, 315-719-8377

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Protecting Keuka Lake – The KLA

Formed in 1956 the Keuka Lake Association has been in the forefront to protect and preserve the lake.   Through the collaboration of many, this group that can be considered a watch dog group, educators about the watershed, and the basis for information about beautiful Keuka Lake.  If you want to know the current water temperature, you can stop by the page and see not just the current temp, but comparable temperatures of the previous 2 yrs graphed in a very readable fashion. You can view pictures of the lake and see information about the lake in a trivia type form.

I recommend that all of my real estate clients invest the few dollars a year to be a member of this organization.  I believe it is currently $30.00 per year.  They do great things to protect the water that we all so enjoy.   So if you care about Keuka Lake and would like to pass on the enjoyment to your family members for years to come, stop by the website of the KLA.

 

This information brought to you by Mary St. George, Associate Broker, Wine Trail Properties, 315-719-8377

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Seneca Lake – Poplar Point Vintage Cottage and Lot For Sale

 

 

Poplar Point – this breathtaking property has been in the same family for approximately 60 years.  There have been many picnics, birthday parties and just plain old family gatherings here.  Oh…the memories that have been made here.  The sailing, the fishing, the boating, skipping stones, dodgeball, catching fireflies and the perfect setting to see all of the fireworks being fired up and down the lake. There was always plenty of room to pitch extra tents for the extra overnight guests.  Now that the youngest generation has grown and dispersed outside of the area, it is time to pass this loving property onto a new family. 

225 feet of lakefront as it forms a point offers plenty of room for boats and swimming on Seneca Lake.  The lawn is flat allowing you to run right into the lake.  2.25 acres of property gives you room to enjoy the property as is or build your new home of memories.  The choice is yours.

This absolutely wonderful Seneca Lake property is being offered for $699,000.  The MLS # is R184282 .  Call today for your private viewing of a most extraordinary property with so many options.  Seneca Lake is one of the larger of the eleven Finger Lakes.

 

This information brought to you by Mary St. George, Associate Broker, and Seth Olney ,Wine Trail Properties, 315-719-8377 If you are interested in selling or buying lakefront property in the Finger Lakes, we are the ones to call !

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The Floating Keuka Lake House

 

You have heard of folks purchasing homes, especially when they are historic homes and moving them.  It is quite an event to watch a house being moved and has even been the basis for reality TV.

Now lets take things up a notch – lets move a lake house  across the lake.  Not around, but literally across the water.

Click to continue reading “The Floating Keuka Lake House”

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Yummy ! Wine Ice Cream…

 

Looking around the ice cream cooler recently in our local Byrne Dairy store, I came across Mercer’s Wine Ice Cream.  My first thought was  ” Wow ! What took them so long ? ”  After all, I live in the middle of the Finger Lakes Wine area, the second largest wine-producing area in the US.

I have had home-made wine flavored sorbet in a restaurant for dessert before, but have never seen mass-produced wine ice cream.  

Of course I had to visit Mercer’s website and found out they have been in business for many years, developing from many other companies and names.  They began a little North from my location and that may be why I had never come across this company in the past.

Mercer’s Wine Ice Cream is available in the following varietals:

  • Cherry Merlot
  • Chocolate Cabernet
  • Peach White Zinfandel
  • Port
  • Red Raspberry Chardonnay
  • Riesling

Click to continue reading “Yummy ! Wine Ice Cream…”

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