Big Canoe Foreclosure – Cabin Would Make Perfect Rental

On August 2, 2010, Karin Elliott wrote -

It’s been some time since I have posted but I couldn’t resist writing about this house! So many buyers are looking for the perfect second home that they can dart off to on the weekends. I have been waiting for this foreclosure to surface on the market and all of a sudden it popped up this morning hotter than toast! The best part about this darling chalet is that it would make a GREAT rental property too! Why not supplement with some rentals and use that extra income to pay the utilities and POA dues for the year? A 2 bedroom, 2 bath house like this could rent for about $130 per night or $700/week.

Yes, you will need to put some work into it but this home is NOT a trainwreck in any way shape or form. The floors will need refinishing. The kitchen could use some love, including appliances and a facelift. Please note that I am not an inspector but you are allowed to have an inspection period while buying a foreclosure. An inspector will be able to tell you more about the house including info about the HVAC, electrical, plumbing, roof, and potential structural issues.

Why did I choose this house to blog about? I have been selling and renting here for years and know Big Canoe like the back of my hand. This home wears all four seasons well and has all the charm that a second home buyer/renter is looking for in a weekend retreat. The location is far enough away from the village to provide plenty of privacy, peace, and quiet. BUT the trip out the house from the village is not a treacherous one. The winding roads gently rock you into a the feeling that you are a million miles away. Sit out on the front deck at night and wish on the shooting stars. OR watch the snow fall in winter through the alpine style windows while sitting beside the fireplace.  If you are willing to do a little work, you won’t regret snapping this home up for 145K. Enjoy the slide-show!

Feel free to call or email me with any questions.

Karin Elliott, IBA Mountain Homes
Selling the Big Canoe Community and the North Georgia Mountains.

6 Responses to “Big Canoe Foreclosure – Cabin Would Make Perfect Rental”

  1. Alden Says:

    Your site looks great but it is very hard to exit your photo viewer.

  2. Karin Elliott Says:

    Thanks for the site compliment and for taking the time to point out the tricky photo viewew! It’s one of the limitations of the slideshow plug-in, but in the future all you need to do is click on the picture to escape.
    Very Sincerely,
    Karin Elliott

  3. Deborah Valentine Says:

    Karin, Where is this cabin?
    I’ve given your name to friends of ours from Augusta (the Nicholsons) who want an extended rental for next summer. They are totally in love with Big Canoe!

  4. jeff carpenter Says:

    please let me know the address, thanks

  5. ice fishing sleds Says:

    http://fishonforum.com

  6. umowa najmu Says:

    Zachwyt. Ogromnie klawy twor. Przedstawiam ma stronkę internetową. Niesłychanie jest ciekawa i ewidentnie Ci się upodoba. Uzupełnij tam własną stronę internetową www.

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IBA Mountain Homes is a realty group located in the North Georgia community of Big Canoe. Big Canoe® is a registered servicemark of Big Canoe, LLC. IBA Mountain Homes is not affiliated with the developer. IBA focuses on resales in Big Canoe including homes for sale, lots, and condos.

 

IBA created this blog to discuss living in Big Canoe as well as the North Georgia real estate market. We are full time residents of the Big Canoe community, and our job is real estate - thus the name of the blog! :) Our blog is opinion. Feel free to leave us a comment if you like, and as with anything on the internet, we urge you to always verify information independently.