Mammoth lakes real estate
This summer in the Sierras has been spectacular! Fall is in the air now and we can feel winter approaching the reports indicate that this could be a great one! October is regularly one of the hottest months for real estate sales, with Consumers seeking to secure a home or Condo for the winter season this is the time many Sellers decide to list their properties. This provides some of the top inventory of the entire year to choose from for Buyers.
Meanwhile, the weather is close to ideal in Mammoth. There is still an abundance of golf, hiking, biking, and fishing left in the season. Come one by our office and visit us in the Mammoth Village if you are in the area and we can show you some of the current inventory.
There are so many great developments in Mammoth Lakes. Besides understanding your budget, it is important to clearly define your goals for the property. Key things to consider include:
1. Will you be renting out the property? If you are, occupancy rates and property management fees should be taken into consideration and these vary by project. It’s important to consider how often and what time of year you will be using your vacation property.2. Are you a “summer” or a “winter” fan? Specifically, what are your interests? Although Mammoth Lakes is relatively small and you can be anywhere in a few minutes, being closer to your favorite activities is nice. For example, is ski in/ski out access important to you? What about easy access to the shuttle?
3. Do you have children? Certain condo projects have more things to do for kids. Some projects have arcades, family activities, and family friendly pools.
4. Would you rather be in walking distance to restaurants and shopping, or do you prefer to be away from its all?Some prefer to stay in the center of action where they can simply “park and play” without ever using their car. Others like to be within walking distance to shopping but want to be more remote during most of their time in Mammoth Lakes.
5. Will you pay cash for your property or will you be financing? Make sure that the project you are interested in will have an option to finance. Some do don’t. If you find this info out in advance, it can save you some time and hassle.Most of the above questions are common sense but many people have not thought through what is important to them. Give me a call and we can work together to find a vacation condo in a location that best suits your needs.
As a reminder, we represent buyers and sellers in the Eastern Sierra and can provide information on all current listings. We are here to educate and help you make a well-informed real estate decision. We also specialize in Short Sales….if you need more information give us a call today.