Tuesday, July 26, 2011

5 Tips for Selling Your Deep Creek Lake Home!

While living on Deep Creek Lake is a dream vacation or permanent home for many, there are times when selling your Deep Creek Lake home is a necessity.  No matter what extenuating circumstance has you considering selling your Deep Creek Lake home, you may be worried about the home selling process.
We’re all aware that we’re currently in a buyers market; which is great news for those who are hoping to buy a permanent or vacation home on Deep Creek Lake. However, it makes things a little more challenging for sellers.  As Coldwell Banker Deep Creek Realty agents, we’re often asked what it takes to sell a home in todays housing market.  In my years of experience in dealing with the Deep Creek Lake Real Estate market, I know that selling your Deep Creek Lake home can be a very smooth and efficient process if you go about it the right way!  
Selling your home on Deep Creek Lake is not impossible and can actually be a very rewarding transaction.  Below are five tips that I feel will help you overcome your fear of selling in a buyers market and will ensure that your Deep Creek Lake home gets sold.  Take a look!
1. Understand What a Buyers Market Means- It’s important to understand what kind of market you’re about to enter and to look at some of the hard facts. Being in a buyers market means:

 - There are more homes on the market than there are buyers.
 - Homes are staying on the market longer.
 - Homes are selling for less than they’re worth.
Having a better understanding of what you’re jumping into will help guide your expectations and will allow you to better plan for the outcome.
2. Price Your Home Correctly from the Beginning- This is a vital factor in selling your Deep Creek Lake home. If you enter the market with an overpriced home, Deep Creek Lake buyers will immediately cross it off their list and move on to a more affordable option. They have that luxury in a buyers market. The longer your Deep Creek Lake home sits on the market; the less interest it will receive. You’ll find that waiting for that to happen and then reducing your price will not generate the same excitement that a ideally priced home would in the beginning.
3. Make Your Home Irresistible- Deep Creek Lake buyers expect only the best, especially if they have the option to be picky. They know that Deep Creek Lake is an ideal destination spot and want to be assured that they’re buying a move in ready home. You’ll want to make sure your home shows well and that its irresistible to buyers. Take care of any issues that you know of in your home, spend time updating your home (even if it’s just a fresh coat of paint), and spruce up your Deep Creek Lake home’s curb appeal. All of these little details will add up to a home that buyers can’t refuse!
4. Find a Trusted Deep Creek Lake Real Estate Agent- You’ll want to do your research and find an agent who has years of experience in the Deep Creek Lake Real Estate market. Your real estate agent will play a key role in getting your home sold. Look at their home selling record, client testimonials and ask them to give you a detailed plan of what they will do to sell your Deep Creek Lake home.  
Of course, the team here at Coldwell Banker Deep Creek Lake Realty is ready to assist you in anyway possible!  We care for our clients needs and have the experience and know-how to get your home sold quickly.
5. Make Sure Your Home is Getting Ultimate Exposure- The main element in getting your home sold is exposure. Did you know that over 80% of people search for homes online? Getting online exposure for your home is vital for home selling success. That’s why we’re committed to updating and maintaining our Deep Creek Realty website!  
You’ll want to talk with your Deep Creek Lake Real Estate agent about how your home will be presented online and the types of sites they use to market your home. An online presence for your home is a service your real estate agent should be providing for you.
I hope you find these tips helpful as you begin the home selling journey.  If you have would like to talk with me about selling your Deep Creek Lake home and how I can ensure a smooth and stress free home selling process; please contact me!  My team and I know the ins and outs of the Deep Creek Lake Real Estate market, what buyers are looking for in a Deep Creek Lake home and how we get your home sold!
Feel free to contact me today!  I look forward to helping you sell your Deep Creek Lake home!

Patrick Kane
Sales Manager/Co-Owner
Coldwell Banker Deep Creek Realty
Your Deep Creek Lake Real Estate Expert

Tuesday, July 19, 2011

Experience the Deep Creek Lake Lifestyle This Weekend!

As experienced Deep Creek Lake Real Estate agents, we understand that living on Deep Creek Lake is so much more than buying a beautiful home.  Whether you’re looking for a permanent residence on Deep Creek Lake or plan on enjoying many vacations in your Deep Creek Lake home; feeling like you’re a part of a community is a key element!  
Oftentimes, what people are looking for when buying a vacation or permanent residence is not just the structure of the home, but the lifestyle that can be found, the neighbors they’ll have and the overall experience; which is so much more valuable.  That’s why we enjoy what we do!  
We know that Deep Creek Lake has many beautiful lake front and off lake homes from which to choose that will fit a variety of needs and budgets.  But what excites us most about showing people around Deep Creek Lake or getting in contact with those who just want to learn more about life in this beautiful setting, is being able to share our personal experiences of what makes Deep Creek Lake such a unique place to create lasting memories.
It seems that the Deep Creek Lake community always has something to do and a way to get connected.  You’ll soon find within a short time at Deep Creek Lake, that you’re welcomed into the area as if you’re family and that’s something you really can’t put a price tag on.  For example, there are a few great events taking place this weekend that we wanted to share with you!  Whether you’re visiting family or friends, or already are taking part in life on Deep Creek Lake, you won’t want to miss these fun activities!
Little Yough Summer Music Festival
Mtn. Fresh Produce Pavillion

July 22 
Deep Creek Lake Realty is a proud sponsor of the Little Yough Summer Music Festival and would we encourage you to take advantage of this concert series!  This Thursday, join friends and family at the Mtn. Fresh Produce Pavillion at the Oakland Town parking lot.  Bring your lawn chairs and snacks and take in the music of The Hillbilly Gypsies.  From West Virginia this traveling group features sounds of bluegrass like you’ve never heard before!  You’ll find they play a variety of old favorites and new hits that will have you tapping your foot as they play into the evening.  Don’t miss this favorite summer series!
23rd Annual Kitzmiller Homecoming
July 22-24
- The nearby town of Kitzmiller is celebrating its 23rd Annual Homecoming this weekend and everyone’s invited!  This great weekend kicks off with a Fireman’s Parade on Friday, July 22 at 6pm on Main Street with a Family Fun Night following the parade.  The festivities continue on Saturday and Sunday with games, inflatable rides, a barbeque chicken dinner sponsored by the Kitzmiller Lion’s Club, horse drawn carriage rides, fireworks and much more!  
As you can see, there’s plenty to do around Deep Creek Lake and ways to get involved with our vibrant community!  If you have questions about living on Deep Creek Lake, the Deep Creek Lake Real Estate market, or are interested in seeing homes that are currently available on Deep Creek Lake; please let us know!
We would be happy to show you around the area, answer your questions and help you through each step of the home buying process.  In living and working on Deep Creek Lake for years, we can assure you that you’ll fall in love with the homes and community that Deep Creek Lake has to offer.
We look forward to hearing from you soon!

Patrick Kane
Sales Manager/Co-Owner
Coldwell Banker Deep Creek Realty
Your Deep Creek Lake Real Estate Expert

Tuesday, July 12, 2011

Discover Alpine Lake Resort Near Deep Creek Lake!

As the team as Coldwell Banker Deep Creek Lake Realty, we enjoy highlighting life on Deep Creek Lake and what makes this area such a great place to vacation, retire or just settle in permanently!  With much to offer on and around Maryland’s largest fresh water lake, we have a hard time finding any place that compares!  However, If you're picturing a vacation or retirement home in our area "at the lake", you've actually got several choices!  In addition to homes at Deep Creek Lake, you may want to consider looking at homes at Alpine Lake Resort, in nearby West Virginia.
Alpine Lake Resort is a 2,300 acre gated community, built around a 148 acre lake fed by springs and wooded mountain streams.  While none of the homes are located directly on the water, many have lake views and all owners have access to the beach and boathouse.  The resort also includes a gorgeous 18-hole golf course which overlooks the lake, a tennis complex, hiking trails, restaurant, lounge, and a 35-room motel which allows many to enjoy even just a weekend getaway to this great resort!
Wondering if there’s as much to do as Deep Creek Lake?  Alpine Lake Resort has an active Property Owners' Association which organizes events such as the annual bluegrass festival, Octoberfest celebration, golf tournaments, and pitch-in dinners.  The community supports its own water and sewer system, which have recently been upgraded, and maintains 27 miles of paved roadway.
This breathtaking resort is located in the rolling and wooded hills immediately west of the Garrett County border with West Virginia, and about 30 minutes from Deep Creek Lake.  Of the 2,323 lots at Alpine, approximately 500 have homes on them, and about 400 people live or work permanently at Alpine Lake.
You’ll enjoy knowing that Alpine Lake was created to enhance, as well as interact, with its natural setting.  It was presented an "Award for Excellence" by the West Virginia Department of Commerce, which cited the community for careful ecological planning in preserving the natural beauty and resources of the area through stringent controls.
The "feel" of Alpine Lake Resort is quieter than Deep Creek Lake as the lake itself is smaller, and allows only electric boat motors.  Home prices are also much lower than Deep Creek Lake prices, making this option even more attractive!  If you have been considering a lake home but are more drawn to a smaller version of Deep Creek Lake; you’ll find Alpine Lake to be a perfect fit!
Feel free to contact Coldwell Banker Deep Creek Realty and we’ll connect you with one of our Alpine Lake specialists!  We want to ensure that you’re getting the vacation or permanent home that best fits your needs and lifestyles and we have the resources to provide you with many great options!  
We look forward to hearing from you and helping you along each step of the way!

Patrick Kane
Sales Manager/Co-Owner
Coldwell Banker Deep Creek Realty
Your Deep Creek Lake Real Estate Expert

Tuesday, July 5, 2011

5 Tips for Buying a Second Home on Deep Creek Lake!

We’re coming off of a great holiday weekend, and for many of you, that meant enjoying all the festivities on Deep Creek Lake!  Whether you were just visiting for the weekend, or have a permanent residence in beautiful Garrett County, I hope you were able to experience the rich lifestyle that Deep Creek Lake offers.

In working with the Deep Creek Lake Real Estate market for many years, I know that even just a weekend spent on Deep Creek Lake can have you envisioning yourself in one of the beautiful homes that surround the lake!  However, buying a second home is also a large investment and you’ll want to make sure you’re completely prepared.  Below are five great tips to ensure you’re making the best decision when buying a second home.  Take a look!
1. Be Patient- When searching for a Deep Creek Lake home, take your time. Be patient and take time to discover the pros and cons of each lakefront or off lake home you visit.
2. Weigh the Pros and Cons- If you like something, don’t make any rash decisions. While it can be tempting to make a quick decision if you’re only visiting for a weekend, taking a few days to really consider the purchase will help ensure you’ve made the best decision.
3. Ask Yourself the Right Questions:
- How often will you visit and how much time will you spend there?
- Is it worth the money?
- What will the price appreciation be, realistically?
- How much will you have to pay every year for landscaping, association fees and taxes?
4. Don’t Try to Play the Market-  Home prices across the nation are some of the lowest that we’ve seen in a long time, so you’re bound to find a great deal.  As the market continues to improve, home prices will only increase.  Don’t wait!
5. Compare Mortgage Products- While the loan standards and rates are nearly the same for first and second homes, there can be unexpected changes if the lender considers your purchase an investment property.  Your interest rate could be pushed up 1.5 to 2 percentage points, so be aware and plan accordingly.  Oftentimes buyers will use the equity on their first home to make a down payment for their second home.  You’ll want to think through the best option for you, or talk with your Deep Creek Lake Real Estate agent about any other options.
I hope these tips are helpful as you consider buying a second home on Deep Creek Lake!  My team and I here at Coldwell Banker Deep Creek Realty are available to answer any questions you have about the Deep Creek Lake Real Estate market and would love to help you through each step of the home buying process.  Feel free to contact us today to get started searching for your second home on Deep Creek Lake!
Patrick Kane
Sales Manager/Co-Owner
Coldwell Banker Deep Creek Realty
Your Deep Creek Lake Real Estate Expert