Go Back  Offshoreonly.com > Boating by Region > Mid Atlantic US
Buying Lake Front House Questions >

Buying Lake Front House Questions

Notices

Buying Lake Front House Questions

Old 08-06-2022, 01:35 PM
  #11  
Registered
Thread Starter
 
Join Date: Oct 2012
Posts: 1,847
Received 282 Likes on 165 Posts
Default

Thanks for all the reply's!!

I'm not buying anything now. IMO the prices are waaaay to high!!!!. I have been doing research on a few of the lakes. There is a lot to look into, the reason for this post. A lot of these lakes, the prices have gone up 200-300% since 2016/2018 (depending on location). You can see the listing prices for the past. Many people are just throwing a number at the wall to see if it will stick. For example, one listed a house at 800k last month. A week later they lower it to 750k. A week later dropped another 50-100k. The market seems to be dropping from what I have seen. I might not be able to buy at 2016 prices, but definitely not buying at the high(now). I want to have a location picked out so I can make an educated buy if something I want comes along.

How does it work with the land owned and the shoreline? Does that change by state/county? One location you own say 50ft of the water, other places its different?

Good posts on the medical care Sydways. I am looking for this to possibly be my last home. As of now, I'm pretty heathy, but that can change in an instant, and might need quality medical care. From my research so far, NC has the better medical care.

Water depth and quality is a concern. Some places look like lime green swamp lol.

Open to all other tips!!!!!



underpsi68 is offline  
Old 08-06-2022, 01:55 PM
  #12  
Registered
iTrader: (2)
 
Craney's Avatar
 
Join Date: Oct 2004
Location: Clayton NJ
Posts: 2,282
Received 245 Likes on 116 Posts
Default

I’m in the same boat as you,I’m looking for a house around the SML area didn’t want to over pay now the interest rates are going up the houses are staying on the market a little longer.I hope they will come back to where they were they were a few years ago.
Craney is offline  
Old 08-06-2022, 09:18 PM
  #13  
Registered
 
Join Date: May 2011
Location: medina ohio/ vermilion ohio
Posts: 3,311
Received 22 Likes on 10 Posts
Default




Living on the lake is like nothing else. Even though we are not retired every day after work is like a vacation its just amazing. I don't think you can go wrong with what body of water you find your self on just make sure its a place that you just fall in love with. Everything else will fall in line. We are on lake erie in Ohio we still have. Winters here but the lake iced over is quite beautiful too. We love it.
1989mach1 is offline  
The following 4 users liked this post by 1989mach1:
articfriends (09-22-2022), endeavor1 (08-13-2022), Padraig (08-07-2022), rak rua (08-07-2022)

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service - Do Not Sell My Personal Information

Copyright 2021 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.