Buying a second home—whether for an investment or as a vacation getaway—can be a wise financial move if you plan to use it several times a year and rent it out for additional income the rest of the time. But buying a second home is not like purchasing a primary residence. The requirements for financing […]
investment
Pros and Cons of Renting Your Lakefront Home
There’s nothing like buying a lakefront home! What better place to spend your vacations than feet away from the lake? You will be creating tons of memories with family and friends from swimming to boating and enjoying the scenic view. Buying a vacation home on the lake can be tough financially, so you may want […]
Tips on Buying a Vacation Home
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 […]
Important Tips on Financing a Lakefront Home
Building wealth is not an easy thing to do these days. However, one way to really catapult your wealth into another level is by owning a lake home. The difference between how much you owe on your home and your home’s value, also known as equity, is a very important piece of your personal wealth. by […]
Most Important Tip for Protecting Your Waterfront Investment
Protecting or restoring your shoreland buffer is the most important tip for protecting your waterfront investment. If you have native vegetation along your shoreline, consider yourself and the local wildlife fortunate. A mature native buffer represents many years of nature at work and discourages undesirable, exotic plants and animals while attracting songbirds, butterflies, turtles and […]
Tips For Finding The Perfect Lake Home
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. It’s All About The Water! When […]