Standard Operating Procedures

Bridge Closure in Penn Yan
Wine Trail Properties 12 years ago

The bridge that crosses the Keuka Outlet located on State Route 14A has been closed since September 12th, 2011, and is planned to be rebuilt and reopened in June of 2012 according to New York State Dept of Transportation.The bridge that crosses the Keuka Outlet located on State Route 14A has been closed since September 12th, 2011, and is planned to be rebuilt and reopened in June of 2012 according to New York State Dept of Transportation.   Traffic has been detoured around the bridge and unfortu...

Cottage Bunk Houses - How Adorable!
Wine Trail Properties 12 years ago

Bunk room in the loft area of the garage

 

When it comes to creativity, you see it everywhere.  And that extends to folks looking at new ways to house family and guests at their lakefront and get-a-way homes.  One of the decorating and rehab ideas that always intrigues me, are the various bunk houses that I have come across in my real estate career. 

Bunk houses allow the owners to accommodate more guests.  Basically the owners take an unused space such as a boat house, large shed or garage...
Now Is The Time To Buy Your Lake Front Home In The Finger Lakes !
Wine Trail Properties 12 years ago

 

Why is now a great time to buy your vacation home in the Finger Lakes ?

 

Interest rates are still at record lows for those not purchasing with cash. Many buyers also utilize home equity loans against their primary residence to leverage as cash for their purchases. Rates started to climb upwards this summer and then reverted back into record lows. How long will this trend last? The crystal ball is not saying. I am assuming it can not last forever. Because this is a buyers market, buyer...
Wine Trail Properties 12 years ago

Check out this news release from October 2009 outlining a program outlining how home owners might rent back a home they are losing in foreclosure.

http://www.fanniemae.com/newsreleases/2009/4844.jhtml

The obvious question is "have you heard of anyone actually doing this?"  If this program has existed for almost two years, you would think that the regional real estate community would become aware of someone that has been able to use the program.

http://blogs.wsj.com/developments/2011/08/10/sev...
Wine Trail Properties 12 years ago

I like the theme of this Wall Street Journal article on the increased interest in Vacation Homes this year.

http://online.wsj.com/article/SB10001424053111904233404576458043646660006.html?mod=WSJ_RealEstate_LeftTopNews

It makes sense for a lot of reasons, but the most important is a key to owning a Vacation Home anytime or anywhere.  That is to enjoy a special place, create strong and wonderful memories for families and children.  And to use a place of retreat as a way to renew, revitalize and...
Wine Trail Properties 12 years ago

OK.  Read the link below about the fact that there are fewer listings on the market now than a year ago.

http://blogs.wsj.com/developments/2011/07/19/in-june-fewer-for-sale-signs-on-homes/

So, why is this a good thing?  Well, first of all, for all those home owners that have been hearing about all the foreclosures and competing low priced inventory - you have a window of opportunity!

Yes, if you have followed the business news (or even our blogs) you know about the many problems that the larg...
Wine Trail Properties 12 years ago

A look at the aftermath of the mortgage meltdownis still not pretty and not likely to get better soon.  You would think that in these years that have followed there would be improvement and/or a start towards recovery.  Far from it!  The depth and extent of the problems are just coming to light and still being sorted out.  And like saugage making, it certainly is not pretty.

http://www.msnbc.msn.com/id/43801546/ns/business-personal_finance/

At the heart of the issue is the supposed good thing...
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