Few things sound as dreamy as a beautiful house on the lake, especially now that summer has officially begun. But before you pack up your things and close on the first home you see, there are a few things you should get cleared up.
Whether you’re a new home buyer looking at a lake home for sale, or you’re on a mission to find the perfect second house, jumping the gun is never a good idea. Here are the most important questions every home buyer should be asking before jumping at a lake home for sale.
Is my real estate agent a waterfront expert?
This is of the utmost importance. The real estate agent who helped you secure your primary residence might be an expert in your area, but that doesn’t necessarily mean they’re versed in waterfront property. Before you get into the nitty-gritty with your previous agent, ask if they know any waterfront specialists they trust.
What is the property like?
When it comes to lake homes for sale, it’s not all about the house. Rather, it’s about what the property surrounding the house is like! Houses can be changed, but changing the property surrounding them is a little bit more difficult. For example, you can’t change how accessible the lake is.
Is there a lake association?
There are few things worse than moving in only to find out you’ve missed the memo with lake rules. Approximately 92% of people now use the Internet in their home search, which means it’s easy to see whether a lake has an association and specific rules you must follow.
Will this be a primary or secondary home?
If a lake home is going to be your primary residence, there are additional precautions you need to take. Things like the home structure, how much money you’ll need to pour into renovations, and hardscaping are all important factors to consider. Not to mention home insurance, which will be a much more prevalent issue if you’re planning to live in a lake home full time.
These are just a few of the most important questions you need to ask when you’re looking at a lake home for sale. Don’t discount the importance of having every bit of information you need to make a sound decision.