Skaneateles Lake Real Estate | For Sale | Skaneateles Homes For Sale

26 E Genesee St
Skaneateles, NY 13152

Richard Schmidt

Buying Property

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Skaneateles Lake (skan-e-atlas) is one of the Finger Lakes in central New York in the United States. The name Skaneateles means long lake in one of the local Iroquoian languages. The lake is sometimes referred to as "The Roof Garden of the Lakes" because its altitude (863.27 ft/263.12 m) is higher than the other Finger Lakes. It is 16 mi long (17 mi/27 km long including the bogs at the south end of the lake) and on average 0.75 mi (1.21 km) wide, with a surface area of 13.6 sq mi (35 km2), and a maximum depth of 315 ft (96 m). The cleanest of the Finger Lakes, its water is so pure that the city of Syracuse and other municipalities use it unfiltered. The City of Syracuse spends about 2.3 million dollars a year to protect lake quality, sixteen people inspecting (usually twice a year) each of the 2600 properties in the watershed, which is relatively small, compared to other Finger Lakes. William Henry Seward called it "The most beautiful body of water in the world."

The shores of Skaneateles Lake are in three counties: Onondaga, Cayuga, and Cortland. The village of Skaneateles (population about 3500) is at the northern end of the lake. Summer cottages appeared in 1881, increasing to more than 2000 residences around the lake in 2002. Generally new homes now are built for year-round occupancy rather than summer use and many summer cottages are replaced. The transient and seasonal population of this tourist destination and summer resort surges during the warmer months. Skaneateles is noted for its performing arts and amenities.

The lake has long been popular for recreational sailing. Regattas with yachts from other lakes as well as Skaneateles began in 1847. The Skaneateles Country Club now has a boating center. The Lightning, a racing dinghy, was designed and produced in Skaneateles, as was the Comet. There are few marinas or other commercial facilities on the lake shore. Controls are stringent, because the lake is a source of water for the City of Syracuse. There is a New York state public boat launch site located on the west side of the lake just south of the Skaneateles Country Club marina. The town of Spafford has a public boat launch near Borodino on the east side of the lake about four miles south of the Skaneateles Sailing Club. Glen Haven, at the head of the lake (The Finger Lakes flow South to North), offers a marina and docking. Cruises are available from the village. A mailboat serving cottages along the lake also carries passengers.

Our website contains Skaneateles Waterfront Real Estate For Sale, Skaneateles Property For Sale, Skaneateles Real Estate Property For Sale and Skaneateles Homes For Sale. 

Skaneateles Lake Waterfront Property, Skaneateles Waterfront Real Estate For Sale, Skaneateles Waterfront Property For Sale and Skaneateles Lake Real Estate For Sale can be view on this site by clicking on our Virtual Tour at the top left of each page.  


BUYER'S  AGENT  Is an agent who is engaged by a Buyer to represent the Buyer's  Best Interests. The Buyer's Agent does this by negotiating the purchase  of a property at a price and on terms acceptable to the Buyer.

A Buyer's Agent does not represent the Interests of the Seller.

Click here  For:  
Buyer's Agent Agreement

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SELLER'S  AGENT  Is an agent who is engaged by a Seller to represent the Seller's  Best Interests.The Seller's Agent does this by securing a buyer for the  seller's property at a price and on terms acceptable to the Seller.

A Seller's Agent does not represent the Interests of the Buyer.


This is how we can accomplish this:

A Buyer's Agent Agreement will be EMAILED to you along with a Property Wish List Form.

Complete the forms and Email to
Fax to 315-685-1819 or
Mail to Richard Schmidt  1993 Coon Hill Rd., Skaneateles, New York 13152

We  will immediately go to work on finding you a Home. We will only send  you qualifying properties that match your Wish List in your chosen  area. Always keeping an eye open for new properties coming on the  market, enabling us to afford you the best properties available.

All  from the convenience of your existing home. We will even, thru our  Realty Office, help you find a  Buyer for your Existing Home. A True Buyer's Agent.

Purchasing  a Home, in an area that is not familiar to you, can be stressful. When you hire Richard to help you find your new  home, we relieve the stress because we know and understand the market.  We can advise you to satisfy your needs and can carefully and  accurately guide you through the Choice of Home, Financing, Purchase  Offer and Closing.


We  have Mortgage Specialists who can help you determine how much of a  Home, in dollars, you can comfortably afford.  Click on Financing  Button Above

Largest one time cost is usually the down payment, which can represent between 5% and 20% of the selling price of the property.

Other  fees can be "Property Inspection", "legal fees", "deed transfer tax", "adjustments for fuel and taxes" and "property insurance".


The  market is constantly in a state of flux. As REALTORS ® we must be  abreast of these changes, and how they can affect your position as a  homebuyer.Changes that have occurred can cost you additional money.

If you are in a "Buyers Market", the supply of available homes for sale exceeds market demands.

High  inventories of homes for sale and fewer buyers allow homes to remain on  the market for longer periods of time and prices drop.

When Buyers have more time to look and make decisions, they also have better negotiating leverage.


We  Strongly suggest a Mortgage Pre-Approval. A pre-approved mortgage will  give you the confidence of knowing exactly how much you can spend on a  home before you start looking. It will also protect you against  mortgage rate increases, should they occur after the time you obtain  your approval.

Should  you prefer to wait for mortgage approval until you have found your  home, we have a list of Qualified Mortgage Brokers through which a  mortgage can be secured in a short period of time.


1.  PRICE: Depending on local market conditions, your opinion of value, and  the market information we will provide, the price you offer on a home  may be different than the seller's asking price.

2.  DEPOSIT: The deposit shows your good faith and is applied to the  selling price on closing day. We will guide you as to the appropriate amount to be offered.

3.  TERMS: These include the total price offered and details of the financing you wish to obtain. You may want to assume the seller's mortgage if the interest rate is attractive as apposed to rates of the  day.

4.  CONDITIONS: These may include "subject to a home inspection", "subject  to you obtaining financing", or "subject to you selling your own  property".

5. INCLUSIONS: These may include appliances or certain fixtures or decorative items such as window coverings or mirrors.

6.  CLOSING DATE: This is usually the date that the property is transferred  to your name and the purchase funds are transferred to the seller.


When  it comes time to make an offer, we will provide you with current market information and assist you in drafting the document.

We  will communicate your offer to the seller, or the seller's  representative, on your behalf. Occasionally more than one offer may come at the same time. We are experienced to guide you through this  process.


An  Offer With No Conditions is preferred by a seller because it means that  you are prepared to purchase the home without any conditions. If the offer is accepted, the home is yours.

A  Conditional Offer means that you have placed one or more conditions on  the purchase. These conditions could be subject to a home inspection or  to the sale of your home. The new home is not considered sold until all  the conditions have been satisfied. official website for LLC
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