A vacation home is a perfect way to relax and unwind. Are you considering purchasing a vacation home? If so, check out these tips to get you unwinding in no time! by James Shea, Media Lab. A vacation home is a perfect way to relax after a busy workweek or serve as a getaway for […]
Will My Dream Lakefront Home Require Flood Insurance?
About 15% of all lakefront properties will require flood insurance by the lender. This means that they have determined (through FEMA Flood Insurance Rate Maps) that the property sits in a flood zone. Flood insurance is not cheap and can cost anywhere from $500 per year to $5,000 per year. Here’s some facts about flood […]
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 cover you. 2. The most common […]
What Does it Really Cost to Own a Boat?
Costs to Expect as a New Boat Owner Boat ownership is surprisingly affordable. Yes, there are additional costs beyond the purchase price, but that’s true of any similar recreational vehicle, whether it’s a motorcycle, ATV, or RV. Here’s a rundown of what to expect. Registration — Like most motorized vehicles, a boat must be registered […]