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01-06-2010, 04:18 AM #1
Condominium
- Join Date
- Nov 2008
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Tips For Buying Water-Front Real Estate
Thinking about investing in some real estate on the water? Now is a great time to buy a home or vacation house at the lake or on the ocean. However, you have to do some homework before laying down the cash to determine if buying waterfront real estate is right for you. Here are some things to keep in mind while you are looking for property
Sometimes the land is more valuable than the house sitting on it. If you have plans to tear down and build, then definitely give the land more attention. However, you do want to pay attention to how the current home is sitting.
Beach and lake front real estate is expensive and considered a luxury. Getting pre-approval on a hefty loan gives you some bargaining power as well as buying power.
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01-12-2010, 07:33 PM #2
Banned
- Join Date
- Jan 2010
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- Makati
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- 69
Nice tips for buyers who are interested in water front property investment.
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