Thinking of buying waterfront homes?
Before you jump into buying a waterfront real estate, whether it’s on the lake or beach, there are several things that you should investigate. As everyone knows, all waterfront properties are not the same. Some lake front properties don’t offer year-round water; this simply means that the water will dry up during some seasons and sometimes to the extent that your pier will be standing above the water line. If you plan on having any boats you should make sure to ask about this, because this can be a potential problem for you. Also, depending on the size of your boats you will need to know what the depth of the lake is, or if there is a rule for the size of boats you are allowed to launch in the lake. Some smaller lakes will only allow 14 feet in length.
If you are considering a beachfront property, find out about any development planned for neighboring properties. If there are plans to build new homes or condos in front of your building or home, your view of the water could be restricted or your property could be shaded by the new structures. The fast pace of condo construction in many beach towns makes either a real possibility.
A qualified real estate agent who is familiar with the area can be a tremendous help in finding a waterfront home and in navigating the purchase process.