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Scott mcgillivray is a real estate expert and host of hgtv canada s income property and moving the mcgillivrays.
Questions to ask when buying a cottage. Does the lake freeze in the winter. Don t let your lakefront dreams become a nightmare learn more here. While you might dream of owning a boat in cottage the reality isn t for everyone.
You should also determine how much effort you re willing to put into it. The above real estate information on questions to ask when buying a waterfront property was provided by bill gassett a nationally recognized leader in his field bill can be reached via email at email protected or by phone at 508 625 0191. How does buying a cottage affect your emergency fund.
Cottage ownership questions to ask before buying a cottage. The financial part of buying and maintaining a cottage is the number one area that gets people into trouble. Or did buying a cottage prevent you from paying your credit card debt.
But these are exactly the sorts of questions you should ask when buying a cottage plus a few more. Cottage ownership is typically a second home for most people. Scott freerksen the lake guy.
Get an inspection. How difficult is the cottage to access in foul weather or if your boat runs out of fuel. This is the first question you should ask yourself.
Is it worth all the effort on my end. Consider hiring a real estate agent who owns a property in the same area. Somewhere to get away from the hustle and bustle of the city the sun fun on the lake and the tranquil sunsets.
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