Grand Lake Real EstateWednesday, June 30th, 2010
Grand Lake real estate sales have had a nice spring, not robost, but several nice sales. Our Grand Lake Team had 7 properties ready for closing at one time a short time ago. We have closed these seven out including an $800,000 plus Buffalo Shores South waterfront home yesterday. We now have two new homes awaiting closing, one in the gated Monkey Island community of Newport Village and the other in a small subdivision just outside Grove, Rainbow Bend. Properties priced right, not at give away prices but on the market, in good shape with odds and end repairs done, and home decluttered so people can look at the home and not the owner’s stuff will sell in good time. On the other hand properties priced too high, not show ready, or full of stuff seem to just set and never sell. This should tell seller/owner’s something.
Sometimes we see deals on homes priced too high to begin with and they will see huge price reductions of maybe $100,000 on a $600,000 home but in reality the home was overpriced by a $100,000 to begin with. Moral of this story is do your homework and let your realtor give you comp sales in an area you are interested in so that you can buy a home at market value and not a home with a $75,000 price reduction and still $25,000 too high.
Now is a good time to buy. Interest rates at all time lows, a good selection of properties in most price ranges, and you might find a deal if someone has to sell right now. You can see all the Grand Lake MLS listings at our MLS button above. Our featured listings are at a button above also.
For assistance in buying or selling Grand Lake waterfront homes, Grove subdivision homes, retirement homes at the lake, commercial property on Grand Lake, or any other real estate need call the Grand Lake Team at RE/MAX Grand Lake in Grove, OK. Aaron Hughes can be reached at 918 801-5645 or firstname.lastname@example.org or Joe Neill can be reached at 918 640-3300 or email@example.com. We hope to hear from you soon.