Here are a few things to keep in mind so your dream vacation home doesn’t turn into a nightmare. by Vera Gibbons, Zillow Blog. If you’re in the market for a vacation home but are looking to minimize costs as real estate prices rise and you face a stagnant paycheck,...
By Mary Sauer Many people dream of one day owning a beautiful property on a picturesque lake that overlooks the water and gives quick access to the shore. But owning a lakefront property isn’t simply a luxury—there are financial and personal benefits to making this dream a reality. Here...
Your mortgage lender may require you to purchase flood insurance in connection with your purchase of a lakefront property. The National Flood Insurance Program provides for the availability of flood insurance but also establishes flood insurance policy premiums based on the risk of flooding in the area where properties...
Is snow and ice covering your lakefront dreams? Don’t let that discourage you from buying a lake home in one of the best times of the year. But how do you know that the shoreline conditions are? How deep is the water? Are there aquatic weeds? What does the...
For many people, buying a lake home is a lifelong dream come true. Like buying any property, purchasing a lake home is a major decision that should never be rushed. To ensure that you make the most out of your investment, consider the following before making your purchase: 1....
Tired of inaccurate valuations for lakefront homes? There’s an intrinsic value on lakefront property that’s been difficult to put a price on because there are so many tangible and intangible variables. Some popular websites provide Automated Valuation Models – or “AVMs” – that can be a valuable tool for buyers & sellers…but they...
Purchasing a lakefront home is a dream for many people looking to live a truly unique lifestyle. But it’s important to remember that you are not just buying a home, you are buying a lake. The specific features of any lake are critical to understand so you can make the...
Is snow and ice covering your lakefront dreams? Don’t let that discourage you from buying a lakefront home in one of the best times of the year. But how do you know that the shoreline conditions are? How deep is the water? Are there aquatic weeds? What does the...
It is said that over 90% of all home buyers begin their search on-line. And while this is typically a smooth process for most home buyers, the same cannot be said for those dreaming of lakefront living. Searching the internet for direct lakefront homes can be tedious and difficult....
Look Before You Leap Don’t confuse the dream with reality when considering your waterfront home purchase. When buyers see a home on the water for sale in their price range, there is often an overpowering urge to leap before they look. This can be a recipe for disaster, particularly...