Smart Families Are Buying Up Vacation Homes for Sale In Ohio

The last few years have been great for vacation home sales, according to the National Association of Realtors. With rising home prices and stock market gains, the market was flooded with people nearing retirement, and the median vacation home sold for approximately $150,000/-. There are many upsides to buying a vacation home. You can decorate it as you wish, leave your clothes there, rent out the property if you want and possibly even retire there. A vacation home would be perfect for large family gatherings.

Buying For Enjoyment

A vacation home can be purely for pleasure, if that's what you want it to be. Vacation homes for sale in Ohio are in high demand, as people flock to the state. There are a lot of beautiful vacation spots in Ohio, and you could fall in love with a specific location, and in that case purchasing and maintaining a vacation property will be worth it. You could get away anytime, without having to book hotels. Knowing that you had your own vacation home means you can schedule your vacation time at your convenience.

Buying As An Investment

If you do your research, you'll find that vacation homes for sale in Ohio are a hot commodity because waterfront property is only increasing in value in and around Indian Lakes. When you buy in a desirable location can mean a great investment. Your return on investment will come in the form of renting the property out to others who want to vacation there. Over time, that can generate considerable income. And you can always opt to use it yourself, when it's not being rented out.

Buying For Retirement

Purchasing a vacation home with the intention of selling your current house and retiring in it can be a huge money saver for you. How? You'll be reducing your mortgage debt before it even becomes your primary residence. And once you retire, the profit from your sold home can go toward the current mortgage balance of your vacation home. This will also make your transition easier, as you'll be familiar with the area already. Meanwhile, you can rent out the property and tap into a secondary source of income.

Vacation homes for sale in Ohio can be a big commitment. It's a decision that come with personal and financial responsibilities. However, the housing market is still very active and rates are still pretty low, so now might be the perfect time to buy that vacation home. Consider the waterfront property in Indian Lakes Ohio. It would make a good investment, an easy place to rent, and a great place to use in your own downtime.

Indian Lake Boat Show

Spring is around the corner, which means it is time for the annual Indian Lake Boat show! The 2018 spring boat show will feature stunning deals,  beautiful weather, tasty food, and the chance to view available Indian Lake properties.

Waterfront Properties

Join Choice Properties during this fun weekend to view some of our beautiful waterfront properties! We will be holding open houses all day Saturday and Sunday, making it easy to fit your schedule. Stop in for a free chicken sandwich & drink, and pick up an Indian Lake Guide or chat with our award-winning realtors.

Open Houses

• OPEN HOUSE : SAT, MARCH 3, 12:00-1:30 - WATERFRONT - 7502 DUNNS POND CIR #4, RUSSELLS POINT

• OPEN HOUSE : SAT, MARCH 3, 12-2PM - 305 W MAIN ST, RUSSELLS POINT

• OPEN HOUSE : SAT, MARCH 3, 12:00-2:00 - WATERFRONT – 9495 LAKESHORE DR W, HUNTSVILLE  

• OPEN HOUSE : SAT, MARCH 3, 12-2:00 - WATERFRONT – 9327 SASSAFRAS DR, LAKEVIEW  

• OPEN HOUSE : SAT, MARCH 3, 12-2:00 - 11475 TR 293, UNIT 415, LAKEVIEW

• OPEN HOUSE : SAT, MARCH 3, 12:00-2:00 & SUN, MARCH 4, 12:00-2:00  - 7225 SR 368 #30, HUNTSVILLE  

• OPEN HOUSE : SAT, MARCH 3, 12-3:00 & SUN, MARCH 4, 11-12:30  –WATERFRONT – 129 CHASE, 3-1-L , RUSSELLS POINT

• OPEN HOUSE : SAT, MARCH 3, 12PM-4PM & SUN, MARCH 4, 12PM-4PM - WATERFRONT – 9511 HERON WAY, BELLE CENTER

• OPEN HOUSE : SAT, MARCH 3, 4, 1:00-3:00 & SUN, MARCH 4 1:00-3:00 - WATERFRONT –11566 HORSESHOE CH. DR, LAKEVIEW

• OPEN HOUSE : SAT, MARCH 3, 1:00-3:00 - WATERFRONT - 11011 PARK, LAKEVIEW  

• OPEN HOUSE : SAT, MARCH 3, 2:00-4:00 & SUN, MARCH 4, 1:00-3:00 - WATERFRONT - 7575 PARK AVE, RUSSELLS POINT  

• OPEN HOUSE : SAT, MARCH 3, 2:00-4:00 -  NEW LISTING - WATERFRONT – 10243 CR 286, # A-16, HUNTSVILLE

• OPEN HOUSE : SAT, MARCH 3, 2:30-4:00 - 10728 SEMINOLE SHORE (CO RD 272), HUNTSVILLE

• OPEN HOUSE : SAT, MARCH 3, 2:30-4:00 –NEW LISTING – WATERFRONT - 10422 BUCKEYE, HUNTSVILLE

• OPEN HOUSE : SAT, MARCH 3, 2:30-4:00 – 10752 SEMINOLE SHORE DR, HUNTSVILLE  

• OPEN HOUSE : SAT, MARCH 3, 3:30-4:30 & SUN, MARCH 4, 3:30-4:30 – WATERFRONT - 7478 DUNNS POND CIR #13, RUSSELLS POINT  

• OPEN HOUSE : SUN, MARCH 4, 12-2:00 - 7814 MAPLE ST, RUSSELLS POINT

• OPEN HOUSE : SUN, MARCH 4, 12-2:00 – 9050 POPLAR, LAKEVIEW

• OPEN HOUSE : SUN, MARCH 4, 12:00-2:00 - WATERFRONT - 8651 SR 368  #65-C, HUNTSVILLE

• OPEN HOUSE : SUN, MARCH 4, 1:00-3:00 - WATERFRONT– 10262 SUNSET ISLE, HUNTSVILLE

• OPEN HOUSE : NEW LISTING –SUN, MARCH 4, 2:30-5:00 - WATERFRONT - 11044 PEACH COURT, BELLE CENTER

We hope to see you on Indian Lake this weekend, preparing to welcome the season of spring! Our award-winning agents are eager to fill you in on available waterfront properties.

Have a question regarding locations, or buying and selling a Lake House? Contact us anytime, we'd love to hear from you!

Why Downsizing is the Right Move

Moving into a smaller home may appear to be a step down, but it's actually got quite a few upsides. You save money, save time and have less clutter. In fact, downsizing could be just the fresh start you need. There are plenty of smaller houses for sale in Ohio that would fit your needs.

However, if you are thinking of downsizing, then it must be done the right way. We have some tips to ensure that your downsizing dream can become a reality.

Long Term Thinking

Planning ahead is key when you're looking at smaller homes. Did you have plans for the extra space you have now? Or is that just real estate being wasted, in which case you're better off selling and going somewhere smaller. But only you can make the decision of keeping or losing extra space.

Minimizing Upkeep

And it's not just the space, it's also everything that's in that space. Clean out the clutter, throw out what you can and sell the rest. That's cash in hand, and less stuff that you have to take care of. A larger family home can take several hours a week to upkeep, and it may even be impractical if your children are grown and out of the house.

Buying Outright

A probable advantage you'll see from downsizing is the ability to buy the smaller, less expensive home in cash and end up mortgage free. For individuals who are close to retirement, this is a very popular option. Statistics show that in 2016, sellers aged 62 and above sold them home for an average price of $250,000 and bought a new home for an average price of $240,000.

Moving Closer To Family

While it is true that it is the older generation, aged 62 and above who are downsizing, their primary reason for doing so in a lot of cases was wanting to be closer to family and friends. In a study conducted about downsizing, 21% of the participants stated that they were moving due to retirement, 15% because their home is now too large and 10% because the neighborhood they are in has become less desirable.

There are many upsides to downsizing. It frees you from the cost and time commitment of maintaining a home that's simply too large. It allows you to unlock your home equity, buy a new place and maybe even retire your mortgage. If you're in the market for a smaller home, look at houses for sale in Ohio. We're confident that you will find the perfect one to begin your downsizing journey.

Work with the Best Indian Lake Realty Company for Your Home

The process of selling and buying a home has become complicated over time, with common law, state and local regulations and customs that surround the transaction. However, the best real estate agents will strive to simplify not only the language but also the procedure for you. At Choice Properties, the premier company for Indian Lake realty, our agents want to work with you to sell your home, and will put in all their efforts to make that happen.

The language of real estate can be confusing to the layman, and real estate agents are used to language that is technical. A good real estate agent will be patient and explain terms like easements, encroachments, and will walk you through the closing process. Your Choice Properties agent is completely committed to helping you understand the process so that you are able to make informed decisions.

You may not be fully convinced that you need to work with a real estate agent. It's not unusual homeowners to try to sell their homes independently. After all, what could be simpler than placing an ad and waiting for buyers to turn up? It's never that simple however. Any number of things could go wrong, like pricing your property unrealistically. When they find no takers after several months, many homeowners resort to using agents then. You can get ahead of the game and find yourself the best Indian Lake realty company to sell your home. Your Choice Properties agent will focus on selling your property full time, so you don't have to spend your precious free time.

The first, and arguably the most important step in the process of selling your home is setting the right price. You could certainly get the property appraised professionally and spend $200 to $400 on it. Another alternative is to ask the professionals at Choice Properties to price your home competitively, as we have the knowledge of what the homes in your neighborhood have sold for, and have access to an extensive number of comparisons. We can perform a competitive market analysis, and price your property just right.

As one of the top Indian Lake realty companies, Choice Properties agents have years of experience in negotiating property sales and overcoming buyers' objections. We are able to balance offers and counter-offers and handle all the contingencies that accompany real estate transactions. If you are considering selling your home, Choice Properties is the real estate company for you.

Call our award winning realtors to find out how we can assist you in selling your Indian Lake home.

Do I Need a Realtor for Buying Waterfront Homes for Sale in Ohio?

It's easier than ever to search for homes online and follow market alerts for new inventory. You might have asked yourself the question, do I need a realtor? There are many benefits to using a realtor, such as Choice Properties, especially when it comes to navigating and buying waterfront homes for sale in Ohio. Market insights, local expertise and negotiation advice are just some of the advantages.

Market Knowledge

Buying a waterfront home isn't like buying homes in the city or country away from water. A good real estate agent will have spent hours touring waterfront homes for sale in Ohio, every week, which means they know what the actual value of the property is, and not just what its listed for. They will have market knowledge and in depth insights and are the best people to help you find the home that fits your budget.

Access To New Property

While it's true that you can find pretty much any home listed for sale online, you won't have the same access to listings that will be coming on the market in the near future. When you work with a realtor for the purpose of finding waterfront homes for sale in Ohio, you will benefit from their network of agents who work across the state, and keep each other updated on what's likely to arrive on to the market, thus multiplying your choices. This can be a major advantage, allowing you to get your bid in early.

Negotiating

Waterfront homes for sale in Ohio are in great demand and short supply. Any waterfront property is likely to have multiple offers. Many of these potential buyers however, will not have local realtors to help them. With the market knowledge they possess, not to mention intel on actual sales numbers locally, a realtor can help you determine how much to bid, so that you win the sale.

Hidden Details

Every property comes with some hidden details and flaws that you won't know anything about. It's easy to spot cracks in the foundation or a sagging roof, but how about the dozens of little details that a buyer wouldn't even think to look for? This is where a local realtor will be really useful, if you ever doubt that you need one. In fact, while you're asking, do I need a realtor, you might also ask yourself what you know about sump pumps and plumbing, water damage, wiring and electrical issues, zoning laws, etc. The answer is likely to be little to nothing.

Ultimately, the benefits of hiring a realtor, when you're looking at buying waterfront homes for sale in Ohio, can far outweigh any costs you end up paying them. Pay us a visit at Choice Properties. Let us show you why working with us will give you an advantage.

Buying a waterfront home in Ohio can feel like a stressful process. Contact Choice Properties to find out how our expert realtors can assist you in finding the right home.