Indian Lake, perfectly situated in Logan, Ohio, is the ideal summer vacation spot for most families near the area. Indian Lake is home to a wide range of wildlife, with many inlets and bays along the 30 mile coast. It's no wonder families enjoy spending weekends here! The number of outdoor activities are bound to keep you busy, while making new summer memories with friends and family. If you are considering purchasing a waterfront home or interested in taking a weekend trip, here are some fun family activities to do in Indian Lake!
What's a lake trip without soaking up some rays on the boat?! Indian Lake offers various docking/loading options, and even waterfront homes with their own dock. If you don't have a boat, don't fret! Consider renting watercrafts for a day full of fun. Be sure to study the map for no-wake areas that are enforced by the State Park Water Patrol. Enjoy a relaxing day floating on the lake, or try out water skiing and tubing for a new adventure. Just don't forget to pack your sunscreen!
Start the day with a refreshing hike along the lake or a rejuvenating trail bike ride. While making your way through the woods, slow down and enjoy the peaceful pace of life here in Logan, Ohio. Explore three of the most common trails at Indian Lake:
Pack up the family and head to one of Indian Lake's swimming areas for a splash in the water! There are two beaches that are available for swimming:
Choice Properties offers you a chance to find the home of your dreams. We work with your budget and ideas in mind to support your ultimate vision. Call us if you are ready to check out the available inventory or to speak with a reputable agent who can assist you with your home buying needs.
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.
Indian Lake is a very popular vacation spot. People come from all over the country for its exceptional campground, boating and swimming facilities. If you've visited the area, then you've likely seen some Indian Lake cottages for sale. Now, we don't normally think of vacation properties as investment opportunities, but they can be one of the best investments to make. Indian Lake cottages for sale can definitely be an investment to think about.
Apart from the obvious benefits of having a permanent vacation destination in a beautiful rural setting like Indian Lake, owning a vacation property has other advantages for savvy investors.
A vacation property is an asset that has practical uses. Of course you can rent it out, but you can also use it yourself at your convenience. It's not just sitting there, unused. Rental income is always welcome, and less disruptive in a second home.
Looking at Indian Lake cottages for sale, you can be sure that they will rise in value over time. Especially when the market is in speculation mode, the value increase can be phenomenal.
Potential Retirement Home
Many buyers are buying second homes early in life, and not waiting for retirement. If this is your plan, then you'll know in good time whether the area is where you want to retire. And you'll be comfortable with the location, not to mention that you'll probably have paid off the mortgage by then too. There are many benefits to retiring in Indian Lake, especially in an Indian Lake cottage of your dreams.
Bad news for sellers but good news for you if you're considering Indian Lake cottages for sale. Vacation property prices have been depressed, so the timing couldn't be any better. If you've thought about investing in vacation property, now is the time to start looking.
Risks of Buying Vacation Property
Like with any property, buying a vacation property comes with its own set of risks. Typically, vacation homes have wider price swings. During real estate boom times, vacation homes can shoot up in price much faster than residential property, and conversely it can fall much faster too.
There are also income tax considerations. The IRS has specific rules regarding vacation properties. The number of days that you occupy a vacation property for personal use is what classifies it as a vacation home or an investment property. This makes a difference on whether you can deduct mortgage interest and real estate taxes on your income tax return, or whether you can deduct all expenses.
Buying a vacation property in an appealing spot like Indian Lake can be tempting. There are many great homes for sale here,
and you're bound to find one you love. Keep the risks in mind and you'll make a great investment.
Speak with a qualified Indian Lake Real Estate Agent today
to get a tour of the available Indian Lake Cottages for Sale that might interest you!
When you're looking to buy a house in Logan County, there are some standard searches that you should perform to locate available properties. A good Logan County Ohio property search should be able to find out fairly easily what's on the market, whether there is a lien on the house you want, or if it's up for foreclosure or other special circumstances relevant to making an offer to buy. It may seem that this information is difficult to find, but in reality it's not. Especially when your favorite Logan County real estate agents are here to help you out!
You can conduct a Logan County Ohio property search if you are interested in purchasing a home from a private owner, or a bank owned foreclosure property. It's also worth your while to perform a title search. A title search will verify who the current owner of the property is, and disclose any additional liens. Getting this information will help protect you, as the potential buyer, from purchasing a property that might come with additional issues attached to it.
The title search process is not as complicated as it sounds. As a matter of fact, all property records are public and anyone can run a title search. Your first step is to conduct a Logan County Ohio property search for the title is to go to the Tax Assessor's office. This will be where you can obtain specific information about the property you're interested in. The property tax record will usually include a description of the property and the lot number as well.
The next step in the process is to contact the County Clerk, which is where you'll find the title and deed for your prospective property. Here you can use the information from the Tax Assessor's office to look up the book and page number for the property.
Making title searches a part of your due diligence is important, as not only will you confirm the title holder, you can also check on liens. A lien on a house is a legal claim against the property. It gives creditors a stake in the home and a way to collect debts owed to them. There are two types of liens that can be placed against a property. A voluntary lien is a lien the homeowner agrees to — like a mortgage. An involuntary lien is typically placed on a property due to unpaid obligations like a tax bill or a home improvement invoice. As a buyer, you will want to know if the property has any involuntary liens against it. While a property can most certainly be sold with an involuntary lien on it, most buyers will not want to purchase it, and lenders will not want to offer loans for it either.
As you can see, running a Logan County Ohio property search can be revealing. You will want to learn everything you can about the home you eventually buy, and running the search will give you peace of mind you need to do so.
You can find the perfect property in Logan County by looking through the listings on offer at www.cprealestate.com.
Ohio has some truly beautiful lakes, both natural and man made, that people come from miles away to view and enjoy. One of the must-see lakeside areas is Indian Lake right here in beautiful Logan County. If you've ever dreamed of living by the water, there are plenty of lake cabins for sale in Ohio. There are a lot of benefits to living on waterfront property, from the never-ending vacation to the gorgeous view. Learn how you can find the best lake cabins for sale in Ohio and move into your dream home!
When you look at lake cabins for sale in Ohio, you will see how much privacy they afford you. And there's a ton of water activities that you can do like boating, kayaking and fishing. Lake cabins aren't easy to come by, and they are in short supply. So when you do find a few options, how do you sort through them?
It goes without saying that you should carefully and comprehensively inspect the lake front property that you're considering. Water is great to live next to, but not great if it gets into your home. An expert inspection can help you understand whether you might have water intruding into the basement, or mildew and mold issues due to high moisture levels in the air.
Lake cabins for sale in Ohio are great, but not all waterfront property is the same. As you tour the available lake cabins along the coastline of Indian Lake with one of our award-winning Ohio real estate agents, consider the kind of privacy and lakefront experience your family wants. Many lake cabins for sale around Indian Lake offer lake access and proximity to fishing and swimming areas. Consider the proximity of neighbors if you're concerned about privacy.
Waterfront property in Logan County doesn't stay on the market long so speak with one of our agents about getting notified when desirable new properties become available. This allows you to keep an eye on the market to get the best lake cabins and waterfront homes in the area before others scoop them up.
Finally, it is always a good idea to check insurance requirements. A waterfront property will likely have an increased risk of flood damage. Regular insurance doesn't cover flood, and you will have to buy it separately, and the cost could be prohibitive for some homeowners. Knowing the costs of extras up front will help you decide whether you really want the property to begin with. Let's be honest though, who wouldn't want to live along Indian Lake, especially during the summer months when so many people flock to the are for boating, fishing, and lakeside parties.
For many home buyers, owning a house by the lake is a dream come true. It is achievable for you and your family with help from expert realtors in the Indian Lake area who know where to find the best lakeside cabins and homes. With some careful planning you will be able to find the right lake side property and get moved into your dream home!
Choice Properties Real Estate Agents know more about lake cabins for sale in Ohio than anyone in the region.
Call us today to find out what exciting new properties are available for you and your family!
Purchasing a home is an investment of time, effort and, of course, money. Indian Lake is a premier location for individuals and families looking to live in a place with a great community and activities for every season. The question of buying a home in Indian Lake should focus on a person's budget and desired payment plan. Learn some tips for knowing whether now is the right time to make an investment in a home in Indian Lake.
Affordability is the main factor in calculating payments. The 43% debt-to-income ratio rule is generally applied by the federal housing administration (FHA) as a guideline for approving mortgages. The ratio helps determine if a borrower has the ability to repay the mortgage. Market conditions play a role in this calculation. Consider also the following expenses in addition to the mortgage payment:
The total should not equal more than 43% of the monthly gross income. Other expenses such as credit card debt, student loans and other debt should also be considered. It is recommended room is left to take on additional debt in the case of needing a new vehicle (and car payment).
Other expenses should factor into the decision to purchase a house including vacation budget, hobbies and other expenses. It can help to consider looking at a less expensive house as a place to start rather than at the top end of the budget where less wiggle room exists.
A down payment can be a significant portion of the upfront cost of a home. Generally, 20% of the home price is recommended as a down payment to avoid paying private mortgage insurance (PMI) which may add $50-$100 per month onto a mortgage. A smaller down payment is not necessarily a bad thing but some of the bonuses include more lender choices, a smaller mortgage payment and more chances to save down the road.
The opposite of high season in the preferred area is best when buying a home. The off season is a great time to look at properties, including the month of October for families with children as school will already have begun. The perfect market conditions for home buying are challenging as prices fluctuate but looking in off season has advantages to finding the right homes for the right value.
Affordability is a big factor for individuals and families looking to buy a home in Indian Lake. One of the more affordable areas to live with many activities, great schools and community life to explore, it still helps to follow tips from the pros about how to find the right property at the right time to make that investment worthwhile.
Contact Choice Properties agent who are ready and able to assist you
in the home search for that perfect Indian Lake property.