I'm thrilled for 6 sellers in my area. Since January 1st that's how many we've gotten contracts on their homes through Lane Realty. Two have closed and two more are approved and just waiting to close and the other two while having been negotiated, well let's just say don't count your chickens before they hatch.
And while I still consider this a buyer's market, things are starting to move on Lake Sinclair. Don't miss this buying opportunity. Don't wait until the house you've been watching is sold to some other buyer. Don't wait until interest rates begin to climb.
The prices are great. Most are lower than they were two years ago and the interest rate is still lingering around 5% which is a fantastic rate.
Even with the housing market in BIG trouble in lots of places values on Lake Sinclair waterfront properties only took a 4.4% decline in median sales price from 2007 to 2008, so it's a pretty good place to have your money invested. I know my 401K lost well over 4.4% last year. Did yours?
Waterfront properties on Lake Sinclair continue to be a solid investment. And even if the market declines a bit more before the recovery I still contend that waterfront properties are a safe place to "house" your money.
Not to mention if you own property on Lake Sinclair and visit on the weekends it's like a mini vacation for not a lot of money.
It's a great time to invest in Lake Sinclair. Spring and warm water is just around the corner, I'm sure we'll be seeing the temperature hit 80 degrees on the next page flip of the calender and I'd love to help you find a great investment on Lake Sinclair before spring. Call me today and I'll be happy to get started looking for YOUR lake home.
706-485-9668
Tammy Lankford, Broker/Owner
Call me today for all your Lake Sinclair real estate needs.
We always have water at lake sinclair
To sell your house or not sell your house, that is the question.
Now here's my answer:
Folks property pricing is key. And if one more "potential" client tells me that the house across the street, around the corner or down the way is "listed for such and such!", I may just raise my voice at them. It matters not what other homes in your area are listed for, especially if they are not my listings. With the housing market in the shape it's in, at least in my neck of the woods, why would an agent want to have his sign up and pay for marketing an inflated priced listing?
Why would a homeowner choose to believe an agent who provided them with a CMA that doesn't reflect current values?
When I do a CMA I try to use things that have sold in the past 90 days. Sometimes there are not enough apples that have sold in the past 90 days so I slowly creep back to 120, 150, but NEVER go over 180.
I recently did not "get the listing" when I did two things: 1- gave them an accurate expected sales price and 2- would not negotiate my commission at the time of listing.
So on to #2
Do you really think you save money when you list at a discounted to the selling agent commission? I say no. I am a firm believer in you get what you pay for and if you list your home and are not offering 3% to the selling agent do you really think your home is going to be on the top of a buyer's agent's list of homes to show? Again I say no.
Sellers do some homework before you let yourself put your house on the market with an agent who just wants to "list" your house.
I had an agent in my area boasting that she had 70 listings the other day. Whoopee I say. I sold 4 listings in January. Miss "I have 70 listings", still has 70 listings.
When I take a listing I intend to sell your house. I have a great marketing plan. Anyone searching for property on Lake Sinclair can search on google, MSN, yahoo and they WILL find my site. It's right there on the first page every time. I track where my buyers come from and spend my advertising dollars in places that ARE working for me and for MY sellers. But right now, I say to you the homeowner who wants to actually SELL your house and not just LIST your house, price is key. Find an agent with not only a great marketing plan, but one who will give you a fair, truthful, honest assessment of what the list price really should be. Look carefully at the CMA, when did those homes sell? How many days were they on the market? How many price reductions did they have?
You can market until the cows come home, but if you don't have your home priced right then having your home "listed" is not going to help you meet your goal of selling it.
If you are thinking of selling in the Lake Sinclair area, call me today and I'll tell you the truth about our market and provide you with a CMA that shows an accurate suggested list price to sell. Because if I don't actually sell your house I don't get paid. That's right I don't get paid to "list" homes, I get paid when I "sell" one.
706-485-9668
Tammy Lankford, Broker/Owner
Call me today for all your Lake Sinclair real estate needs.
Note that this information is outdated.
Take Your Date Back to '58: The Plaza Arts Center will host "The Great American Rock and Roll Revival" with a real sock hop afterwards. For more information, call (706) 923-1655.
When/Where: Feburary 14, 2009
Lake Sinclair, Eatonton - Announcing a new listing: 104 Allens Alley, a 1,700 sq. ft., 3 bath, 3 bdrm manufactured home "plus some site built". Now 
MLS® $138,888 - Great Price.
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So if you happen to be one of those folks who are still looking to pick up a lake lot for a steal... this could be your last opportunity. This place is priced to sell at only $138,888. I can't remember getting a lake front with boatable water lising this low priced in the past 4 or 5 years. So hurry folks, it won't last.
In doing a little research on the MLS I have discovered that prices are actually down on Lake Sinclair. This may not be the news that homeowners want to hear, but it's great news for people wanting to buy. From the average of 2007 to the average of 2008 in Putnam and Baldwin Counties prices are down by 4.4%.
So the good news for home owners is that your value is down much less than the national average, which was down 18% last May according to S&P http://www2.standardandpoors.com/spf/pdf/index/CSHomePrice_Release_072943.pdf
Prices have continued to decline since then in some areas.
For buyers the news is a win win. Prices on Lake Sinclair are down, so you can get more house for your money than you could this time last year, plus values have held on Lake Sinclair in this spiraling economy much better than some parts of the country.
There are some great bargains to be had right now. Interest rates continue to be low and we have a list of lenders to recommend that are telling us they have money to loan.
There are also some very good buys out there for off water properties as well, so of which have deeded lake access, others are just a few miles from free public access.
Call Lane Realty today to set up an appointment to see some of the great bargains we have available right now. 706-485-9668
Great Location
• 1,248 sq. ft., 2 bath, 3 bdrm manufactured home "1997" - MLS® $259,000 - Deep Water
Lake Sinclair, Eatonton - Beautiful lot on Rooty Creek with lovely hardwood trees and very deep water. Currently on lot is a very neat and clean 1997 manufactured home that would make a wonderful weekend get-a-way and you could build your dream home on this lot in the future. The manufactured home is in great condition and quite roomy with split bedroom floor plan, very large greatroom with fireplace, covered porch on lake side of home with nice view. At the water you will find a single enclosed boat house, additional covered boat shelter, dock, concrete block seawall, fantastic fishing and you can jump off the dock because the water is nice and deep. It's located in a cove just off huge open waters of Rooty Creek. The lot is 1.92 acres and the neighbors both have really nice site built homes adding to the value of this property. If you are looking to invest, you will want to check this property out before you buy. Less than a mile from 441 right between Eatonton and Milledgeville and in Putnam County with low low taxes.
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Note that this information is outdated.
Bicentennial Christmas Street Festival Downtown Eatonton. For more information, call (706) 485-4121. Christmas Parade in Downtown Eatonton, 4 p.m. For more information, call (706) 485-8792. SEC Tailgate Party at the Plaza Arts Center grounds, 6 p.m. For more information, call (706) 485-4121.
When/Where: Downtown Eatonton and the SEC Tailgate party at the Plaza
Lake Sinclair, Eatonton - Announcing a price reduction on 201 Mays Road, a 1,093 sq. ft., 1 bath, 2 bdrm single story. Now MLS® $269,900 - Affordable Lake Home.
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Lake Sinclair, Eatonton - Announcing a new listing on 192 Forest Hill Drive, a 1,300 sq. ft., 3 bath, 3 bdrm single story. Now MLS® $319,900 - A great priced property.
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As I am sure anyone with a television knows the southeast United States has been in a drought for a couple of years now. So if you are looking to buy a lake home you need to consider water level in the lake... even in a drought situation. Below is a link to the noaa web site that shows flood stage, full pool level and today's level of Georgia lakes. While we have had more rain in 2008 than in 2007 some Georgia lakes are yet to recover.
http://www.srh.noaa.gov/ffc/html/rrm.php
This is the water level in one of the Georgia lakes currently. So your dock at a home on this lake may not be in water and your boat could be sitting on grass. That's right it's been out of water for so long that you might be cutting the grass where the lake used to be.
Not Lake Sinclair. http://www.georgiapower.com/lakes/Sinclair.asp
We have water, in fact Lake Oconee that is just to our north was built as a holding reservoir to keep Lake Sinclair at full pool. Plant Branch (a coal burning plant of Southern Company- Georgia Power) is located on Lake Sinclair. They need and use water from Lake Sinclair. In the summer they also cool the water before they return it to Lake Sinclair.
So if you are looking for a Georgia lake you can actually enjoy at all times, even when there is a HUGE rain deficit, then consider Lake Sinclair. As stated above, there is link where you can check Georgia lake levels that are updated DAILY!
We have water and we have homes at GREAT PRICES right now. The interest rate is LOW. This is a great time to invest in a Georgia Lake that is "lake front" property, not "land front".
"Exceptional Value"
• 1,100 sq. ft., 1 bath, 2 bdrm single story - MLS® $279,500 - "Furnishings Included"
Lake Sinclair, Eatonton - Refurbished inside and out, new paint, new carpeting, ceiling fans, new interior doors and hardware. Being sold furnished and all furnishings are brand new. Just bring your change of clothes and toohbrush, this one is ready to move in or start enjoying your weekends and vacation time on lake sinclair. Tucked away among large hardwoods makes for great shade in the summer and sunshine in the winter months along with the fireplace. Large deck for outdoor entertainment. Open floor plan, lots of light, Single boathouse with lift and dock.
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Well summer is about to wrap up and prices are still generally at a stand still here on Lake Sinclair. Some over priced listings have been lowered closer to a realistic sales price. With interest rates still low, now is the time to invest in Lake Sinclair. We currently have listed 3 site built homes on the lake priced below $300,000. We also have 7 manufactured homes below $300,000. Some are on exceptionally nice lots with great water. The main stream media is reporting that the housing market is beginning to rise again with the flood of foreclosures slowing back to a normal pace. Invest now before the market starts to boom again and you'll get great returns on your investment. Just ask the people who bought in 2000 to 2002 and sold between 2003 and 2006. Some even doubled their money in just 5 or 6 years.
Call Lane Realty now, before prices start to rise again.
February was a great month at Lane Realty on Lake Sinclair. We had more than the typical amount of lookers for this time of year. I expect things will continue as the weather warms up. Today, March 1st we have two properties under contract and are in negotiations of an additional two offers. We also just listed a house yesterday that the listing agent is out showing right now. Business is great and as always it is a safe place to invest your money in real estate. Especially safe to invest in lake front property. My papa said... buy land, they aren't making any more of it.
We represent buyers at Lane Realty and will help you to get the most for your money.
Call us today. 706-485-9668.
Everytime we turn on the TV we hear how bad the housing market is and that prices are falling... well not on Lake Sinclair. Lake Sinclair continues to be one of the best waterfront values in the state and prices and values are continuing up, making it still a GREAT investment. The stock market rises and falls, but waterfront properties continue to climb in value. There is no better investment dollar for dollar than in a stable waterfront real estate market.
• lot / land
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MLS®
#13922
$310,800
- 900+ ft. water frontage
Lake Sinclair, Eatonton
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11.82 Acres on Murder Creek, boatable to Lake Sinclair from this property. Great view, good water. Some clearing on this lot. Over 900 ft. on the water. It's rare to find this kind of acreage available on the lake. If you want space and a country setting, this could be the property for you. HURRY!
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