Whether you’re looking for a full-time residence or a vacation retreat, a home on the water is an excellent choice for a number of reasons. Perhaps you’ve dreamed of owning a home near water, but never really considered all the advantages in doing so? If so, here are nine great reasons why people just love living on the water:
A lake home can be a great investment, whether you’re looking for a vacation home for your family to enjoy, or a primary residence. Finding the right lake home can be difficult as there are a lot of different factors to consider. This includes proximity to the lake, proximity to a town, homeowners insurance requirements, and much more. This means that there’s no better feeling than finding that perfect lake home. However, you may run into problems if you are bidding for the lake home against another home buyer. This is especially so if that home buyer is offering to…
“Eco-friendly” is more than just a buzz word or concept that applies to business properties, primary residences, and your day-to-day lifestyle living in a lake home. You can also extend green practices to your lake home to improve air quality and provide a cleaner, cost-efficient environment for your family and pets. A green vacation home can also help you reduce your impact on the environment by ensuring that you do your part to help conserve and preserve natural resources. Here are five ways you can make your vacation or lake home more eco-friendly and shrink your carbon footprint. 1. Use…
Research has shown that cash is still king in real estate home buying. Millions of people who are buying homes and commercial business properties across the globe are increasingly opting to pay using cash as opposed to other means of financing. Cash deals on homes account for more than half of the sales in major markets. One thing that you need to understand is that cash buyers are better positioned to get better deals in the marketplace. Sellers are FAR more comfortable dealing with a buyer who pays in cash. Rather than someone who opts to pay using other financing…
When it comes to renewable energy, few of them are as accessible as solar power after the initial set-up costs have been absorbed. It is an essentially perfectly-green technology. Solar panels for vacation homes and other buildings last multiple decades and exude no waste whatsoever to the environment during their many years of operation. If you are committed to making a vacation home eco-friendly, then solar panels may be the single most important addition you make. Here are 5 good reasons to consider using solar power for your vacation home: Most Practical Energy Savings: There’s been a lot of talk…
Finding a lake home for a bargain can take time, a reasonable budget, and the ability to go outside of your original expectations in both location and layout. Though you might not think that getting a lake house at a fairly low price is attainable, people do it all the time. Taking a deeper look at each of these factors can help you in your journey to finding a lake home for a great bargain. Shopping for a Bargain May Take a Lot of Time Being able to wait until the perfect opportunity comes along is probably the most important…
Deciding whether to buy a lake home or a lake cabin can be a very difficult choice to make. Trying to weigh the pros and cons of either choice can help with the situation, as well as taking into account other factors such as price, area, size, and a number of other things. Splitting up both a lake house and lake cabin into a pros and cons list, which highlights the advantages and disadvantages, gives you something akin to the following
Since the market collapse in 2008, home ownership may have seemed like a pipe dream for many Americans in today’s economic climate. However, the signs indicate that the real estate industry is starting to bounce back following 6 years of depreciation and inability for many to obtain a mortgage. As such, the market is beginning to move from a seller dominated environment towards a more buyer dominated industry. Buying a first home, or a vacation home, should not be treated lightly. Capital investment aside, it is a trying time viewing different properties and competing against other buyers. This is where…
A real estate bubble refers to a run-up in home prices. This is sometimes caused by speculation and a mix of market factors. A bubble tends to start with the combination of rising demand and a growing limited supply. Speculators help drive up prices, thinking they can make short term profits. At some point, however, demand diminishes while supply increases, causing the bubble to burst. The following tips on how to spot a real estate bubble can help you when considering real estate investment decisions in your market. Study Real Estate Market Prices Visit local real estate websites to research “comparable”…
