Camp property search

[ArlyA]

I wouldnt expect many other buyers to compete to buy a property with no access to the electric grid. The sellers may have it in their head that the property is worth more than it really is.

It's been on the market since last fall

 

[alexpops]

SO ... sounds like you have the spring/summer to worry about in terms of buyers actually looking at the property. Unlike you, most casual buyers won't be willing to brave snowstorms & icy roads to look at a property they plan on using 1 or 2 times a year for recreation. (I wouldn't believe their bit about another "Interested Buyer" showing up 5 minutes after they rejected your offer & wouldn't be surprised if they counter themselves if they don't hear from you.) If you really want THIS property & If it hasn't sold by this fall, you can be fairly safe offering even less than your first offer under the assumption that critters/lack of maintenance are going to cost you more to repair/replace. At some point the sellers will accept a lower offer because you are the only "real" game in town. Meanwhile, keep looking & let your realtor know you are looking at other properties so they can put pressure on the seller's agent. I faced the same situation from both sides.

The house I'm in now was on the market for close to a year because it was overpriced by the seller/broker. I looked at it & told my broker it was overpriced & I'd keep looking. Almost 1 year later, the seller dropped his price by $50K, & I offered $50K less than the ask (despite warnings from "my" broker that the sellers would be insulted). We settled for $38K less than their reduced ask & I waived some (non-mandatory) repairs shown in the inspection & split the cost of a re-roof of the shed that needed to be done before the mortgage would fund. (They were an elderly couple that had lived there for over 30 years, but couldn't maintain the property any longer & sitting empty wasn't doing anyone any favors after they moved in with their son). From the other side, my dad had a place near Cleveland that became a summer residence when he bought a second home in Florida after retiring. After 10 years of going back & forth between the two places he put it up for sale but asked way too much for the area. It took him almost 3 years to sell it (after lowering the ask), & the funny thing is he wound up accepting an offer for $50K less than an offer he'd rejected part way through the first year. Adopt the attitude that if it's meant to be, it'll happen on your terms, & if it isn't ... there are plenty of other more "perfect" properties out there that will satsfy the needs of both you and your wife.

 

[hayden]

Since the seller just dropped the price, I expect they will want to see what interest that generates. It got them another interested party, so I expect they will want to see how that plays out. If it still doesn’t sell, then I think you have a good second chance to go back to them with your original or similar offer.

 

[BleedingOrange]

As much as a buyer likes to think a realtor is working for them, they are 100 % working for the seller. They just feed the buyer all kinds of donkey dust to convince them to put in an offer. They have been caught many times telling untruths, and twisted info. I would be tempted to talk to another realtor about that same property. It doesn,t matter if it is an exclusive listing, or not. A good honest realtor will do some extra digging for you, to actually tell you the real scoop on what is actually going on with that property.

 

[HawkinsHollow]

I generally agree, and definitely for what to most people would be a non-winter-camp, but solar often gives nearly zero power on the darker winter days - even if it's not actively storming. Then, you have to decide if you like the generator concept (which works great with batteries, of course, but there's still noise).

I think if I was going to have a year-round off-grid setup, I'd want to stick a generator house a ways from the house and run a big cable. I just can't stand motor noises at night.

Yeah, I forgot about the latitude and winter up there. You're right, that would make solar a bit harder, but still not impossible. Shoot, throw up a windmill and your problems are solved!! Backup genny just to be on the safe side.

 

[ArlyA]

Since the seller just dropped the price, I expect they will want to see what interest that generates. It got them another interested party, so I expect they will want to see how that plays out. If it still doesn’t sell, then I think you have a good second chance to go back to them with your original or similar offer.

We thought we'd make another offer after the other folks see it. That are the chances they'll make an offer?? This property does mark all the boxes we were looking for in a property.

 

[ArlyA]

Yeah, I forgot about the latitude and winter up there. You're right, that would make solar a bit harder, but still not impossible. Shoot, throw up a windmill and your problems are solved!! Backup genny just to be on the safe side.

People here are already putting in solar power at there camps. I'd guess 90% of the camps we've looked were not on the power grid but had solar or a generator.

 

[ning]

People here are already putting in solar power at there camps. I'd guess 90% of the camps we've looked were not on the power grid but had solar or a generator.

The further north you are, the better solar is... between the spring and fall equinoxes. It's fantastic for that.

 

[shooterdon]

Be patient. I know it is difficult to do.

Don’t sit on your hands. Find other properties and look at them.

Off grid properties are not attractive to everyone.

Do not trust the realtor.

 

[dodge man]

We have found a realtor we trust. We’ve have bought a house in 28 years but we sold one our son lived in for several years while going to college and she helped our son buy one last year. I trust her 100% to look out for our interest. Arly do you have that feeling with your realtor? If you do trust what they are telling you.