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Showing posts from January, 2010

The Real Estate Process

Hi Everyone, Just wanted to talk about the current trend in the real estate proccess. Although the finding the property part of this proccess has not changed, the time span from the time you find your property and close on the property has changed. The mortgage proccess has become elongated over the last year. What used to take 45-70 days now takes 90-180 days. So how can you shorten this delay in getting your vacation home? First be prepared with tax returns and documentation, it will be asked for so get it ready before you look at vacation homes. Do not make any major purchases or changes in your finances before going to get a mortgage. Start early in looking for your lake home, the season starts in Feb to early March for getting into a lake home by summer. Do these few things and you will be relaxing at the waters edge by the time it gets warm. Information on Lake Properties

Wallenpaupack Lakefront quick Sale

Coming On Market Next Week. Ready for a Quick Sale.... This Lake Wallenpaupack Lakefront has it all. Updated floor plan, excellent condition, new roof, new flooring, new kicthen, new master bedroom. This house is move in condition, with excellent lake views from all bedrooms, and living space. Stay Tuned for more information on this one. Priced for quick sale 675,000.00 with 3large bedrooms, Huge basement, Large deck overlooking lake, Game room/loft and 96' of lake frontage.

Searching for lake properties

A quick note if you are searching for a lake property around Lake Wallenpaupack and the surrounding lake areas, you should check out this website CLICK HERE This site will educate you on the area, and will let you see what the lifestyle is like. It has a fantastic interactive map of lake Wallenpaupack communities CLICK HERE TO SEE The site will also allow you to search for your lake area property. It lets you save your favorites, send messages to me, see pictures,maps etc. To start looking CLICK HERE So check out the site and start your search for that perfect lake property!

The 1st entry

Hi I am Dave Rottkamp a lakefront specialist in the pocono mountains of PA. This is my first blog, and I want to talk a little bit about the current state of the real estate market. Most people when they think of the real estate market do not realize that markets vary greatly by geographic location. So when I speak of the market I am talking about the Pocono's of PA, and more specifically the lakefront/lakeview vacation homes in that area. Most people who are trying to call a bottom in the real estate market will miss that mark and end up buying on the way up instead. Our market has been down for (4) years at this point, one year longer than most corrections. The outlook for this year is very good. The mortgage industry is starting to repair itself, and vacation home prices are very low. Interest rates are also still low, the point is this is a GREAT time to buy. Watch as the year goes on, the call on interest rates is to go up, so do not miss an opportunity to buy well. To lear