Buying a house on a lake is a dream for many families. When it comes to buying a lake home it is different from buying any other home. There is a detailed list of do’s and don’ts to consider. You will find a list of considerations below that will make your job finding a lake home simple.
First decide the location of where to begin looking. Take into consideration the distance from your base home as well as the distance from family; what is the maximum amount of time you are willing to dedicate to traveling from one location to the other. For most people lake homes are usually kept within two to three hours from their base home, family and friends. When it comes to going to the lake you will want a retreat to go that family and friends can visit. Any more than three hours and the adventure takes a turn from a weekend getaway to a full blown vacation. It is hard for most people to take full blown vacations several times throughout the summer but weekend getaways can be taken on a regular basis.
Consider the weather in the location you are hoping to purchase a lake home. Are you looking for a strict summer lake house for summer boating fun and such or are you looking for an all-weather, all sport location. Many lake homes can be purchase in locations where the weather is perfect for four season adventures. The important part is to purchase a lake home in a location that suits your desires.
Find a realtor that specializes in lakeside living and recreational home purchases. This is important because only a person with significant experience in lake properties will have accurate information on lake house living. Real estate agents with knowledge of lakefront homes will help be able to provide accurate information to your questions as well as provide a smooth transition on finding a lake front property that is perfect for you.
Another question to decide upon is if you want to live directly on the lake or if a home with lake access is more appropriate. You will be able to get more home for your dollar in a home that has lake access but is not directly on the lake. Homes on the lake are more expensive and often smaller because you are getting the prime real estate and view of the lake. Do you want the luxury of walking out onto the back patio and staring into the lake or are you okay with crossing the road and sitting on the dock?
When it comes to purchasing a lake front home there is also a list of don’ts to consider as well. One thing many eager lake front home buyers do is set their mind on buying a lakefront home and instantly purchase a boat. This is something that should never be done. You may find the lake home of your dreams and discover the boat you purchased doesn’t fit into that ideal image; then what? Wait until you have purchased the home and then buy the boat. Some lakes only allow certain sixe boats and motors. Don’t waste money on a boat that is too big or to fast; wait until you find the perfect location and purchase a boat to fit.
Don’t seek out lake homes. Allow your realtor, lakefront specialist, to find homes that fit within your desired budget and requirements. If you go out seeking homes you may find yourself falling in love with a home that is well beyond your budget and perhaps listed at well over fair market value. Where does this leave you? A lake specialist will only show you homes that fit within the criteria that you have set forth. You won’t find yourself falling in love with homes that don’t fit with your needs just because you fell in love with it curb side.
Don’t assume the property comes with the home. When you purchase a lakefront home it is important to note that the land surrounding your home is not always yours. Often the property in which lakefront homes resides is owned by the DNR, local city or possibly a lake association. Again, using a realtor that specializes in lakefront reality and recreational homes for sale is most important.
When it comes to finalizing the purchase on your lake home you will find a great sense of satisfaction. With lakefront living comes relaxation, fun and time making memories. Using an expert that specializes in lake property will allow you to go through the buying process stress free and ready to unwind and let go of the stress that comes with everyday life while enjoying your weekend retreat.
Lake and Land Real Estate is Livingston County’s premiere realtor out of Pinckney, Michigan serving homes that provide a recreational lifestyle including golf courses, lakes and the Huron river chain of lakes, throughout Hamburg, Pinckney and Howell. Information can be found at http://www.lakelandmi.com