A lake home seller’s market is simply a matter of economics. Inventory is low and demand is high, leading to some lake homes being on the market for only hours with competitive bidding. Lake property inventory is 14 percent lower than it was a year ago, although mortgage rates remain favorable. It’s still possible to buy […]
pre-approval
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 a mortgage prior to viewing the […]