Seller & Buyer – Sold in Roswell, Martin’s Landing & Purchased on Lake Lanier
Home Jake sold in Martin’s Landing; 9370 Martin Road
BIG congrats to Jake! He not only sold his first home, he purchased a new home on Lake Lanier! We’re super excited for him on his new adventure!
When Jake came across a property on Lake Lanier that came with a dock permit, he was determined to do whatever it took to get the property. It’s nearly impossible to get a new permit for a dock on Lake Lanier.
In September 2016, The U.S. Army Corps of Engineers stopped issuing new dock permits on the lake, having reached its limit at 10,615 with over 100 applicants on the waiting list, so when you get the opportunity to purchase a home with one, you go for it!
Not only did Jake have to make it through inspections on his new lake property to be sure the investment was worth it, we also had to sell his current home for the right price ensuring he achieved the necessary profit for his new investment.
Oh, did we mention the property Jake set out to purchase was actually two lots being sold together with a house desperately needing some TLC? Yep, that’s a doozy! It took a little creativity to create a contract protecting Jake through the inspections, ensure the dock permit successfully transferred with the sale and figure out the right loan.
We connected Jake with a lender and closing attorney who were up for the challenge, and we were able to get his current home under contract in 2 weeks, coordinating the sale so Jake had the funds prior to closing on his new properties.
Extremely determined and with the right team in place, Jake was able to snag the property for an unbelievable price! Although we’re sure it was a bit stressful on Jake at times, we truly believe it was well worth it, and we’re sure glad he made it through!
He has some big renovation plans, and we can’t wait to see how it all turns out. We truly believe he has the potential to make a great home and generate a nice profit in the future.
Jake, thank you so much for the opportunity to help you with your sale and purchase! It means the world to us that you entrusted in us to guide and protect you through. We truly enjoyed sharing this experience with you and we hope you enjoy your new project! We also can’t wait to hang with you on your new dock! 😉
Jake’s dock on Lake Lanier