A buyers Guide to Home Inspections

Buying a home is a big investment and everyone wants to ensure they get a good deal on a solid home.  One thing that I always recommend my buyers do is get a home inspection on the home they want to buy. A home inspector can identify any problems or concerns and it gives you, the buyer, added peace of mind on this large purchase.  As you complete the purchase agreement, you can make your offer contingent on a home inspection. That simply means that you, as the buyer, are offering a specific amount of money for the home but that offer is based on what home inspector finds. As the buyer, you would hire an experienced home inspector to complete this task for you.  


There are a couple of reason to hire a professional home inspector.  First, the home inspector is not emotionally attached to the home.  While you can already imagine how your furniture will look in the living room overlooking the lake, a home inspectors is looking for any defects that would cause alarm.  Second, home inspectors have the experience and knowledge to look at many different aspects of a home that most home buyers don’t have such as plumbing, electric, roofs, heating and cooling systems, and more.  


The process of using a home inspector is really easy.  Your Realtor can give you the names and contact information for qualified home inspectors in your area.  Simply contact them, decide which you feel that most comfortable with and schedule a time that is convenient for you.  Or, if you prefer, your Realtor can schedule the home inspection if you are not available or do not live in the area.  


On the day of the inspection, the home inspector will spend 3-4 hours at the property.  He will look at everything and take pictures and make notes of anything that stands out as a possible issue.  As the buyer, you can spend the last hour or so with the inspector at the home so he can point out any issues.  You will also get a detailed Home Inspection Report.  Your Realtor can go through the Home Inspection Report with you and based on that report you can go back to the seller and ask to have certain things repaired, ask for nothing and take the property as-is, or walk away. If you ask for items to be repaired, the seller can and sometimes do, say “no”.  


One thing to remember as you look at the Home Inspection Report: No Property is Ever Perfect!  None of them. There will always be basic maintenance things.  Look at major issues or safety issues.  Are the fire alarms in working order?  Is the roof leaking?  Is there a plumbing issues under the kitchen sink?  Is the forced air heating system functioning properly. Is the basement wet or does their look like there maybe a foundation issues.  These are big deals. Little things such as a missing outlet cover or a tear in the screen are maintenance. 




Best Water Front Properties Under $200,000

We are lucky here at the Edge of the Wilderness Lakes & Homes Realty because we all live in “Vacation Land”.  That’s right we get to live up where the fishing is awesome, nature abounds, and the scenery is stunning!  We love where we live and we know you would too even if its only for part of the year.  Did you know that we have lots of Great Lakes place for under $200,000?  That’s right; you can purchase a lake front cabin for under $200,00 and start living your Edge of the Wilderness dreams this year!


Here’s a couple great places that we currently have listed:

North Star Lake Cabin:  This seasonal cabin is listed for just $99,000!  Can you imagine spending your summers on North Star, one of the best fishing lakes for Musky, Walleye, and more.  This cabin is in the Chippewa National forest and actually sits on a Federal lease.  You own the cabin but lease the land from the Government.  The lease is $3650 a year.  An inexpensive way to live in the middle of one of the Nation’s BEST forest.

Dora Lake:  I love this cabin and its vintage style.  Listed at only $119,000, you are level to the lake and a Sportman’s Dream!  The cabin is clean and well kept with 2 bedrooms and can be used year-round.  It even has it’s own private boat access with ramp so putting your boat in the water is easy!  It sits adjacent to public land for Deer, duck, and grouse hunting.  


Sand Lake:  This rustic cabin has been in the family for years.  The current owners actually spent their time building this private oasis on beautiful Sand Lake.  Loaded with windows and natural light where you will enjoy phenomenal views of the lake. This 2 Bedroom/1 Bath Seasonal Cabin sits beautifully on the 1.97 acre lot. You’ll find your own private lake access to put your boat in, a small storage building, and a large deck to sit and enjoy the views. Whether you are fishing, boating, or just relaxing, this is a great Up North vacation and get-away property. Listed for just $159,000

Anderson Lake: This off-the-grid waterfront cabin is located on nearly 1000 feet of hard, sandy lakeshore on Anderson Lake. Situated on a breathtakingly peaceful and pristine south facing point is this 2 bedroom cabin. Cozy up on chilly nights with the wood stove, and enjoy the sunrise and set on the new deck just feet from the water's edge. The location of the cabin allows one to venture out into the acres of adjoining tax forfeit land, with tons of Deer, Bear, and Grouse hunting trails throughout. Fish for bass, walleye and northern pike from the dock year 'round. Listed for $179,000

Horseshoe Lake:  You really need to take a look at this cozy cabin on great Horseshoe Lake! Owners have done some great cabinet work, lighting and decorating, making this a superb up north property. Lake is loaded with excellent fishing. This would be a great base camp for the family or just for weekend get-away. Well maintained. Enjoy the 5x19 wrap around deck for entertaining or sipping that morning cup of Joe. Septic installed in 2010. Peace and quiet await you here! This beautiful property is listed for just $189,000. 

These are just a few of the lake front cabins that we have listed.  Stop dreaming about a lake cabin and let’s find you and your family their dream place up in the Edge of the Wilderness!



12 Steps for Buying Your First Home

Buying your first home can be both exciting & overwhelming at the same time. Here are 12 simple steps to help guide you through from start to finish:

  1. Save: Have some money saved for a down-payment, closing cost, and other expenses.
  2. Improve Your Credit Score: Don’t make any major purchases before purchasing your new home. Stay current on your bills & rent.
  3. Calculate: Do you know what you can afford? There are many calculators available online to help you figure what price point to look for.
  4. Get Pre-Approved: Your mortgage lender can offer great advice on what programs are available to meet your needs. Shop for the best deal and work with someone that you trust. With a Pre-Approval letter, you know in advance how much you can borrow towards your dream home.
  5. Decide what You want in a Home: Make a list of the “must have’s” and the “would be nice to have’s” for your new home. How many bedrooms do you need? How many bathrooms? Do you want a city property or do you prefer country-living?
  6. Choose Your Realtor: A realtor can make the home-buying process less stressful. They are there to help with the paperwork, negotiating, and getting the deal done.
  7. Tour Homes: Your Realtor can set up showings of homes that meet your criteria and budget. When you visit the homes, take notes, take pictures, and let your Realtor know what you like and don’t like about a property. This helps to narrow your search.
  8. Narrow Your Search: Once you’ve found a home that you love, do a little secondary research. Test your commute. Drive around the neighborhood. And, have your Realtor schedule a second showing.
  9. Make an Offer: Your Realtor can help you with your offer and recommend contingencies such as home inspection and financing. Your Realtor can also help with negotiating counter offers.
  10. Home Inspection: Once your offer is accepted, its time to schedule a home inspection. A home inspector will inspect the property and look for anything that might be a problem. A home inspection is always recommended when purchasing a new home.
  11. Final Walk Through: Prior to closing, you’ll want to schedule a final walk through of your new home with your Realtor. This is your chance to make sure that the seller has done everything they said they would and to ensure any repairs found during the home inspection have been repaired.
  12. Closing & Moving In: At closing, you and the seller will sign the necessary paperwork to transfer ownership. You’ll have closing cost to pay and once all of the formalities are done, you will get the keys to your new place.

Home-buying can be stressful. Finding the right Realtor makes the process much easier. Let’s get you on the way to home ownership! If you're ready to buy your first home you can contact Karen Wortman.