" " " Maine's Waterfront Real Estate News

Friday, September 4, 2020

Learn to Grab the Best Deals for Oceanfront Homes for Sale in Maine

 You’ve finally made up your mind about investing in an oceanfront home for sale in Maine. What’s next? Before you spend that hard-earned money, here are some tips on finding the best deals for your dream oceanfront home:

Seek guidance from a buyer’s broker

Buyer’s brokers will work for you and only for you. This loyalty removes any bias towards real estate sellers, and they will help you find an oceanfront home for sale in Maine that is perfect for your needs. Trusted buyer’s brokers have great knowledge of the real estate market, have access to all available properties in Maine, and have the proper training and skill to negotiate the best prices for you.

Know what you want

Before buying anything, make sure that you know what you want and need. Do your research on the different oceanfront homes for sale in Maine and try to compare them with each other. What type of house do you want? How far from the ocean would you like to be? How many bedrooms and bathrooms do you need for your family? Consider all of these factors before investing in an oceanfront home.

How do you intend to use the property?

Are you buying the property to settle down with your family or want a vacation home to rent out for extra income? Regardless of your purpose, oceanfront homes are a solid investment.

Hire an inspector

It is important to do a property inspection before you purchase an oceanfront home. Double-check its structural integrity, assess the risks you may have to face when the weather is not favorable, and ensure all the necessary utilities are available and in good working condition.

Enjoy the Beauty of a Lakefront Property by Living in Maine

 Living near the lake is a dream come true for a lot of people. A lakefront home is the perfect private getaway surrounded by a beautiful view. The waterfront creates a unique living experience for you and your family. Invest in lakefront property in Maine and start living your best life.

There are several lakefront properties in Maine up for sale. It’s best to look for a trusted buyer’s broker to help you with choosing the best future home for you. Here are some reasons why lakefront properties are an amazing investment:

Beautiful and peaceful lifestyle

The biggest benefit of lakefront properties in Maine is that you wake up every day to a beautiful and calming view. Settle down with your loved ones and enjoy the natural landscape of a Maine lakefront home. You have the freedom to relax on the weekends or participate in physical activities like kayaking, swimming, and fishing if you live in a property near the lake.

Resell value

Lakefront properties in Maine often come with a hefty price. However, this could prove to be a hidden advantage in the long run. As with most waterfront properties, their resale value only increases with age as more and more people start to dream of a peaceful life by the lake. Invest in a lakefront property as early as now with the guidance of a trusted real estate broker, and you will surely be able to sell the property for a good price if you ever decided to. 

Great family asset

 Even if you don’t plan on selling your lakefront property in Maine, it is still an excellent investment for you and your family. Purchasing a lakefront home will add to your assets to pass down to your children and your children’s children. With the help of a reliable buyer’s broker specializing in lakefront homes, you can ensure that your kids will live a beautiful life.

Tuesday, August 4, 2020

Lakefront Properties in Maine and Their Amazing Facts

Maine is a great place to consider investing in real estate, and if you’re serious about it, you might want to buy a lakefront home. With help from local experts on waterfront properties, you can decide to buy a lakefront property in Maine. Their expertise can also help you investigate the property and negotiate the best possible terms and price with the seller.
As you look into the selection of lakefront properties in Maine, you should discover some facts about them. Here’s what you need to know:
• It can be a great investment – Whether you plan to live in it or only want to use it for holidays, the lakefront property in Maine can be an investment you can grow down the line. You could rent it to other people who want to take a vacation by the lake when you’re not using it. Just make sure it’s in a safe area with year-round access.
• Insurance is a must – Some properties may require insurance to cover flood, general hazards, or winds. Be sure to check everything that your property insurance can cover.
• There are rules you must follow – Often, property buyers would go by the looks of the lakefront property in Maine only to be frustrated when they can’t build a dock, pier, or a boathouse on it, or add a second floor to a bungalow-style home. Take the time to get to know the rules and regulations of the local municipality regarding additions and other projects you can or cannot do on your property. A seasoned realtor that specializes in waterfront properties can save you from the guesswork involved in doing research.
• It may or may not come with the necessities – This is why it’s important to do your research on the lakefront property in Maine because you need to make sure that it has clean water, electricity, and other modern essentials. You should also check if it has its septic system and whether all roads remain accessible and from it all year round.

Know Why It’s the Right Time to Buy Coastal Maine Real Estate

If you’ve always wanted to live in Maine and invest in a waterfront property, now is an excellent time to get started. There is currently a wide array of coastal properties up for sale, promising maximum savings to you. However, as you may already know, buying a property often involves a huge investment and requires making an informed decision. So, it still pays to do your homework and consult with experts who specialize in coastal Maine real estate. You can identify the best locations or areas, and be guided by their expertise and tips for securing your new property legally and legitimately.
Maine’s real estate market tends to fluctuate every season, so it’s important to know the best time to buy a property to make sure that you can get it at the best possible price. Early spring is often a great time to buy property in Maine, as that’s when prices are still fairly affordable. By the end of summer, you might find that the cost of Coastal Maine real estate is higher.
You would often have to look into previous buying trends and mortgage rate predictions to check, so you can also ensure savings on your mortgage. Coastal Maine real estate specialists will also have your back when negotiating for the best possible price with sellers. They can also help investigate the property’s background to verify that it’s a good investment.
The real estate market in Maine grew steadily since 2016 and reached its peak in 2018. It has slowed, which can be great for buyers looking to score the best deals in Coastal Maine real estate. The only thing you might have to worry about is the increasing mortgage rate. A solution to that would be to secure your mortgage much earlier, so you can lock in favorable interest rates.

Saturday, July 4, 2020

Waterfront Camps for Sale in Maine - The Best Place to Live In

Are you searching for a quiet and serene place to settle down with your family or perhaps a vacation home that can generate some passive income? Then it’s time to look at waterfront camps for sale in Maine. The word ‘camp’ is used loosely in Maine, but it generally refers to cabins and summer homes that range from several hundred square feet to larger lakeside retreats. Waterfront camps are perfect for families, retirees, and anyone who love having access to nature. 

Wake up to breathtaking views of nature every day 

When you live in a waterfront camp in Maine, you can enjoy the still and quiet mornings—something that’s very hard to do when you live in the city or a cookie-cutter suburb. Enjoy your coffee while admiring the stunning views of nature and listening to the waves' calming sound. Here, you will feel like you’re on vacation every single day. 

Enjoy outdoor adventures all year 

A waterfront camp for sale in Maine is one of the best investments that you will ever make for yourself and your family. Whether you live in a lakefront or a beachfront property, you will find a ton of outdoor activities to do around you, many of which are free. Aside from swimming, surfing, fishing, kayaking, boating, sailing, and rafting, you can also enjoy hiking, trekking, and wildlife watching. You can also enjoy ice skating, ice hockey, ski, and ice fishing in the colder months.

Friendly community  

Whether you are new in town or not, you will feel the warm welcome of friendly and hospitable Mainers. You can transition smoothly and happily to your new life in your new waterfront camp home. 

Thursday, July 2, 2020

Top 3 Advice When Buying Oceanfront Homes for Sale in Maine

Oceanfront homes for sale in Maine are located in some of the most serene and breath taking neighborhoods, but they are not without disadvantages. These types of structures need extra care because they are so close to the water. 

Don't worry, though—with the right information and an expert and experienced agent working with you, it's not impossible to find an oceanfront home for sale in Maine that will not be a pain to maintain.  

• Hire an inspector 

Storms or hurricanes can threaten the beach town and, of course, its oceanfront homes. This is why finding a weatherproof house should your top priority. Otherwise, you can lose your hard-earned investment in severe weather. 

Even if the house you want is in a low flood risk area, you should still double-check its construction quality. Some buyers even enlist a home inspector who can properly assess the house's structural integrity and see if it is strong enough to stand up to heavy rains and extreme temperatures.  

• Consider the house's proximity to the ocean. 

While a house closer to the water usually has a higher resale value, it is also more at risk of getting flooded. Because of this, it costs much more to insure. You don't have to worry if the house is built using top-notch materials, then living close to the water may be worth it. The point here is to weigh the pros and cons carefully so that you understand what to expect. 

• Do some research on the shoreline's history and planned future developments 

The shoreline can change due to different environmental and human factors. The water level can go down and leave your property farther away from the shore that it was originally. This is why it's important to do your research on the shoreline's history to see how it has changed through the years so you can also reasonably predict the area's market value in the future.

Tuesday, June 2, 2020

Lakefront Homes for Sale in Maine - Best Property Investment for Nature Lovers

You will surely have a choice of new and existing lakefront homes for sale in Maine, with thousands of lakes in the state. But why should you buy one? What makes this type of property an excellent investment? Well, if you are a nature lover, you will definitely fall in love with lakeside living. 

Enjoy all kinds of activities 

Perhaps the biggest reason why adventure-seekers decide to buy lakefront homes for sale in Maine is that they have easy access to water. Living beside the lake lets you enjoy various water activities like boating, fishing, swimming, and kayaking. You can have fun any time you want—even in the winter. You will also have easy access to hiking, camping, and trekking sites. With so many things to do, you will never get bored.

Keep yourself healthy 

Water has therapeutic effects. It calms the mind, reduces stress, and improves focus. That’s why it’s natural for humans to want to go to the lake, beach, or ocean to relax. Imagine the impact of living in a lakefront home for sale in Maine to your healthy. Being able to enjoy the lake view and sound of water every day—it’s a dream come true. Aside from the water, the fresh air and surrounding nature also help keep your body and mind healthy. 

High resale value 

Although there are plenty of lakefront homes for sale in Maine today, the supply is still limited. And with high market demand, you can expect lakefront properties to have relatively high resale values. Real estate experts estimate an average growth of about 4%, which is two to four times higher than the standard appraisal value of standard residential properties. You will likely enjoy a higher return on your investment when you decide to sell your lakefront home.