Amazing Affordability - Lake Erie Island Waterfront Condominiums, Middle Bass Island, Ohio

Middle Bass Lakeshore Condominiums

Have you ever imagined living a small town island lifestyle?  If your answer is yes you probably didn't ever imagine being able to work a normal 40 hour week while spend your weekends in a Lake Erie Island waterfront condominium!

After going through several difficult years this building is coming back to life!  Formerly known as St. Hazards Condominiums the condos are getting spruced up, and the owners are in control.  These condos are at rock bottom prices.  The current owners have taken the hit and new owners are getting amazing prices!

Yes - short term renting is permitted.  Help meet your expenses by operating a rental business while you aren't personally enjoying your unit.

Every unit is a lakeshore unit, and there is an elevator.  Pets are permitted!

The Middle Bass Lakeshore Condomiums are located adjacent to the beautiful Middle Bass Island State Park Marina.  The state park is being improved every year,  and the MBI Yacht Club is located on the property.

There is regular passenger and ferry service to the island on Miller Ferry as well as regular passenger service on the Middle Bass Ferry to the village of Put-in-Bay on South Bass Island all season.  Enjoy the fun, shopping and entertainment at Put-in-Bay and then return to the slower pace of life on Middle Bass Island.

Contact us today at 440-315-6000 or RealEstate@HiseyGroup.com for details.
The Hisey Group with Howard Hanna

Are you considering a vacation home purchase? A carefully thought out second home purchase can be a life enriching move.

Are you considering purchasing a second home?  People purchase vacation homes for a variety of reasons.  Investments, a vacation getaway, or a place to enjoy and begin to pay-off now for eventual retirement.  

#1 What type of home are you considering?

Condo or cottage?  Rental property or personal use only?  Is this an investment or are you not concerned with income?  Is there an association?  What are the advantages and restrictions?

#2 Does a second home make financial sense?

Owning a second home comes with all of the related responsibilities and expenses.  Factor in association dues, maintenance, utilities, taxes, insurance and time.  Is flood insurance a factor?  If you are looking for rental income to help make your payments - are rentals permitted?  How long is the season?  What is the demand?

#3 Location, Location, Location

Where are you dreaming about owning a home?  Do you need an area that allows rentals?  Are treated water and sewage a priority for you or can you be in an area where well water and private sewage treatment systems are necessary?  How do you get to the property?  What type of transportation hurdles are you willing to live with?

#4 Additional Factors?

Are things like schools, medical care, or access by road priorities?  What about being near family, entertainment or larger shopping facilities?  Make sure you will be comfortable with whatever your decision is from every perspective.

#5 Financing?

Second home financing can be more challenging to obtain.  How do you intend to purchase your vacation home?

#6 Being a Landlord - Are you ready?

If you are going to be renting your home to help pay-off a mortgage or cover expenses are you prepared for all of the aspects of being a landlord?  How will you find renters?  What local and association requirements, permits and fees are involved?  Will you utilize a rental company or handle leases, reservations, repairs and cleaning on your own?  Owning a rental can create legal liabilities - how will you protect yourself and your personal assets.

Are you considering purchasing a vacation home 

along Ohio's North Coast?

Contact us today - The Hisey Group with Howard Hanna
Lee Hisey, Team Coordinator, 440-315-6000 
or LeeHisey@HowardHanna.com
www.OhiosVacationLand.com

Huron, Vermilion, Marblehead, Port Clinton, Catawba Island, Middle Bass Island, South Bass Island and Put-in-Bay, North Bass Island, Rattlesnake Island, Kelleys Island & Adjacent Communities

So I Live in Northern Ohio - How Do I Buy A Home?

Purchasing a home is one of the biggest investments you can make.  Most people purchasing a home for the first time have a rough idea, but often they are confused about certain details or just don't know where to begin. Some buyers feel they don't have adequate credit.  Other buyers feel they don't have adequate income and still others are unsure what type of down-payment they need.  

Purchasing a home is a big step.  One of the biggest decisions in your life. Our purpose is to guide you through the process and help you over any bumps that may be in your path along the way. 

1. Down-payment and Finances – Unless you are a cash buyer you will need to have a source of income.  It must be stable.  You will also need cash for a down-payment.  If it is a cash purchase there are certain requirements related to the source of the cash.  There are some excellent first time home buyer programs that may dramatically reduce the cash required to purchase a home at the time of this posting.  Contact us to get you in touch with our mortgage broker for a free analysis of your situation.
2. What is Your Credit Score? – Our financing specialist will review your debt, credit score and credit limit FREE OF CHARGE!  Do you have a credit history?  Not having any credit can actually be detrimental to purchasing a home.  Having established credit is important to show a lender a history of responsible credit use.  Depending on the lender and program you can purchase a home with a credit score in the 600's.  Contact us to get a free analysis.
3. Special Programs – You need to find someone to lend you money.  Are you looking at rural homes?  Are you a firefighter, teacher, police officer?  Are you a doctor?  First time home buyer?  These and other programs are available for you!  New programs are being created on a regular basis.
4. Obtaining Pre-approval - You need to know how much home you can afford BEFORE you start to seriously look for a home.  On a regular basis clients will start looking in the $300,000 plus range and after finding their dream home they discover they can only afford $250k.  You can still find a beautiful home, but what a disappointment.  Pre-approval is FREE!  You may also be able to comfortably afford a home that is larger or in better condition than you had thought you could purchase.  Let's arrange a meeting with our lender!
5. Find a Real Estate Agent – Working with a real estate agent you can trust is very important.  You need an agent that can help you evaluate all of the information that is out there.  The most effective method of searching for a home is to have someone pre-screen homes for you.  Then tour homes that meet your criteria.  Arrange several days to view multiple homes so that you can compare the pros and cons of each property.  You need someone to negotiate your purchase and complete all of the paperwork.  Your agent should help with arranging inspections, finding a lender, working with the title company, writing the Purchase Agreement and all other related paperwork.  Let us tie up those loose ends so they don't come back to bite you.  

Are you ready to start the process?  It's never too early to get an initial evaluation of your finances and credit.  This creates a baseline for you to work from.  You can also have us set-up your initial search directly from the Multiple listing service in your area.  We are members of two MLS covering all of Northern Ohio.  Start with a general search and then gradually narrow the criteria until you are viewing property that matches your "Dream" list of "Needs and Wants".

Contact me today for an initial consultation.  My team can help you achieve your dreams!

Lee Hisey, Team Coordinator

The Hisey Group with Howard Hanna440-315-6000 or LeeHisey@HowardHanna.comwww.HiseyGroup.com