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...
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...
I like the theme of this Wall Street Journal article on the increased interest in Vacation Homes this year.
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...Even though the reduced cap on Jumbo loans does not take effect until October, many banks will begin the stop offering the higher amounts with concerns of gettiing the loans closed before the deadline.
Finger Lakes waterfront homes buyers may want to take this into account while relative rates for Jumbo's are so low but before the lower cap on loan amounts are imposed!