lake: Waterfront Property: It’s not all Sunshine and Roses
- 06/04/12 06:07 AM
Waterfront property can be a profitable investment and provides a wonderful living experience, but it’s important to remember that ocean view and lakefront properties come with challenges that don’t apply to other homes. Ocean Views = Coastal Weather Waterfront property can be beautiful, but, depending on the region, it can also be subjected to damaging storms and wild weather. Beachfront homes tend to take a pounding during hurricanes and insurance rates are high as a result. In some parts of the country, where hurricanes are prevalent, it may be impossible to obtain hurricane coverage on a beachfront home.The same consideration applies, (7 comments)