For Sellers, Home Improvement, Home Interiors & Decor, Lifestyle, Real Estate Advice and Tips
Posted on

Staging Your Lake Home Property for Sale

Selling a lake home can present certain challenges and opportunities that you may not find with a house away from the water. Staging can help tremendously to secure the highest price for your home and also help to sell it more quickly. Staging your lake home provides a unique opportunity to tie in elements of your home with the lake or, at a minimum, put the lake on the forefront of a potential buyer’s mind relative to other properties in the area. Outdoor Staging The exterior or a home should showcase the fact that along with the house, the buyer…

CEO Insights, For Sellers, Industry News, Real Estate Advice and Tips
Posted on

Outdated Listings Plague Real Estate

“Is this property still available?” is one of the most common questions we get from visitors to LakeHomes.com. There is great concern about outdated listings of homes for sale. I know why home buyers ask this question, and it has nothing to do with our brokerage or website. Our listings maintain current. Almost always the property we display is available for sale right now. Occasionally a home has just sold and the update is in progress, which may take a day or two. Our listing data is not stale. We update our data directly from a number of MLS servers every day. Why Our Website Visitors Ask…

For Buyers, Real Estate Advice and Tips
Posted on

Investing In A Lake Home? Things To Watch Out For

Investing in a lake home can be a fantastic idea, whether you’re looking to buy property on the water as a primary residence, or as a vacation home. However, there are a lot of different things that you need to consider when investing in lakefront property. Buying a lake home is much different than buying a normal home on land – things such as cost per acre or cost per square foot don’t apply in the same manner to lake homes. The following are a few things you should keep in mind when looking at lakefront properties:

For Buyers, For Homeowners, Real Estate Advice and Tips
Posted on

7 Major Waterfront Vacation Home Issues You MUST Consider

Buying any type of property—from a small home to a large commercial development—is a complicated and time-consuming process. Emotions have to be carefully checked and buyers need to be highly focused in order to put a great deal together. If you are considering a waterfront vacation home, your job can be even more difficult. You will be faced with several more layers to navigate such as mortgage loans, potential weather problems, and insurance concerns. Here are seven vacation home issues you need to carefully consider:

For Buyers, Real Estate Advice and Tips
Posted on

Top 10 Tips on Waterfront Home Buying

Waterfront homes are unlike any other type of property. They carry a unique beauty and versatility since you’re getting land and water at the same time. However, they can also be more complicated to buy than land-locked real estate. Here are the top 10 tips for how you can make your waterfront home buying experience more successful: 1. Inspect carefully and comprehensively. Water might be easy on the eyes, but it’s hard on a building. Whether you have water intruding into the basement from the high water table, corrosion on your exterior because of salt air, or mildew and mold…

For Buyers, For Homeowners, Real Estate Advice and Tips
Posted on

Tax Planning For Vacation Home Ownership

Owning a vacation home can bring a new level of fun and luxury to your life. It also brings additional complexities to your tax liability, which can impact you both while you own the house and when you plan to sell it. Depending on how you structure your ownership, you could end up having your vacation home add to your overall tax burden. Interest Deduction The IRS allows you to write off the home mortgage interest that you pay on up to two homes. The rules for your second home are the same as for your first home. For the…

For Buyers, Real Estate Advice and Tips
Posted on

10 Top Investment Tips for Buying A Vacation Home

If you’ve decided you’d like to buy an investment property and are focusing on vacation homes, take careful consideration before you make the final commitment.  Buying a home, no matter what the circumstances might be, is a significant investment and enormous responsibility. While real estate has undoubtedly been a safe investment medium in the past, buying a vacation home as an investment is not necessarily a sound option for everyone. However, if your heart is set on making a vacation home investment, these tips can help you avoid some of the downsides associated with second home ownership. 1. Run the…