The Top 10 Reasons
It´s a Great Time to Buy Big Bear Lake Real Estate

1.   SELECTION, SELECTION, SELECTION!

There are over 1200 residential properties on the market right now in Big Bear.  You know what that means??? Regardless of the price range a buyer desires, there are plenty of houses to choose from; One Story, Two Story? Garage or no garage?  Take your pick!

2.  NO BIDDING WARS!

In 2005 homes were selling above the asking price because there were so many buyers and not enough homes. Not today; there is no competitive bidding in this buyers market!

3.  YOU CAN MAKE AN OFFER!

A few years ago when a buyer would make an offer, the only question was how high above the list price could the buyer reach in hopes of being the best offer on the table.  Today the sell price vs. price ration is about 96%.  A seller will not be insulted if you make them an offer they can´t refuse.

4.  PATIENCE IS TOLERATED.

In the hot sellers market that once existed, everything was rushed.  Find a house before other buyers did then hurry up and make the offer.  Today, a buyer can really take their time; look at several homes and think about their decision over a long lunch or dinner.

5.  DUE DILIGENCE IS WELCOMED.

In this market a buyer is encouraged to obtain a home inspection, termite inspection and an appraisal.  In 2005 many buyers waived these contingencies in order to gain an advantage over the multiple offers.

6.  THERE ARE PLENTY OF SPECS.

In the not so distant past, buyers had to play the waiting game if they wanted a new construction.  There were lotteries and waiting lists; some buyers even slept in their cars in order to get ahead of the lines.

7.  REPAIR REQUESTS ARE WELCOMED.

After a buyer has a home inspection done, they are allowed to submit a "Request for Repairs" list to the sellers.  In the past a seller might insist the home be sold ?as-is´.  Many times, there were back-up buyers waiting in the shadows to pounce just in case the primary buyer upset the seller (whose home was increasing value almost daily.)

8.  FEW, IF ANY INVESTORS. 

It is estimated that one third of all sales in 2005 were to investors.  These non-owner occupied buyers caused the market to become characterless.  It´s a great time to buy without having to compete with hundreds of prospecting landlords.

9.  LOCATION! LOCATION! LOCATION!

Todays buyers can find homes that are on the Lake, close to The Village, the Ski Slopes or tucked away in quiet seclusion.  We have horse properties too!  Where ever you want to hang your hat, our market can certainly accommodate you.

10. REAL FINANCING IS AVAILABLE.

The "wink-wink" zero down, no docs, adjustable, sub-prime loans are GONE and FIXED rate are back!  FHA financing, first time homeowner bond programs, special loans for teachers and police offers are back in business.  It really is a GREAT time to buy Real Estate!