Essential Contract Items for Your Lake Home Purchase

Purchasing lakefront property is different than any other real estate. Be sure to work with a Buyer’s Agent that understands lakefront property…there are some contract items that are unique to lake homes. Of course, these are in addition to all other normal contingencies in an offer. They may not all apply,...

Defining Your Lake Home Budget

Before going out and viewing lakefront dream homes, it’s important to understand what you can comfortably afford. It’s no fun falling in love with a home only to find out you can’t qualify for it. Not to mention, most sellers will now require a buyer to be pre-approved for...

Tips on Lake Side Zoning Regulations

Most lakes and ponds are considered “wetlands” and therefore fall under the Wetlands Protection Act. Each town has its own interpretation of this Law in their zoning regulations, therefore you (or your buyer’s agent) need to find out the particulars of the property you are considering purchasing. Here are some...

Lakefront Location Considerations

As it relates to lakefront property, the popular real estate phrase “Location, Location, Location” was never more applicable. Once you find your dream LAKE, the location ON that lake can make or break your enjoyment. So here’s some things to consider about location: From house to neighboring house, the...

What Does Flood Insurance Cover?

To understand what flood insurance covers, you need to know three things first: 1. Standard homeowners insurance doesn’t cover flood damage at all. It’ll cover some damage from rain, but if your home is filled with water as a result of rising bodies of lakes, rivers, streams, and oceans, it won’t...