Buying a home on Fripp Island gives you access to many of the activities you love. If you are new to buying waterfront property, there are some special considerations that should be taken into account before you decide on a home. To help you get started, here are some questions to ask.
How Private Is the Property?
Privacy is important to most people. With a waterfront property though, there could be limits on how much privacy you are afforded. Where the home is located is just one of the factors you have to consider when evaluating privacy.
For instance, if your property is located in an area that is highly visible and has a lot of traffic, your privacy could be limited at times. It is important to note that you might be able to make changes to the property to gain more privacy. Landscaping, such as bushes and shrubs, can help to keep prying eyes from seeing into your home.
What Is the Body of Water Like?
You should never buy waterfront property without first investigating the history of the body of water where it is located. The water's past can tell you a lot of about what you can expect when it comes to owning the property.
For instance, you need to know about past water levels. Water can fluctuate, but if you know what the past levels are, you can identify any areas on the property that could potentially be problematic.
What Are the Association Requirements?
Some waterfront property buyers are surprised to learn that they could be subjected to association fees. Homeowners associations are not exclusive to land-only property. If you buy a waterfront property, chances are, you will be subjected to the rules and regulations that are set by an association.
The rules can vary by association, so it is important to ask for a copy of the rules and regulations before you make an offer on a property. There will be restrictions on what you can do on the property, and you will be have certain duties and responsibilities to help with the upkeep of the area. For instance, you could be required to contribute to a fund for protecting the shoreline.
One of the most important steps you can take in your search for waterfront homes for sale is to work with a real estate agent who has experience in selling the properties. He or she can help with gathering information about the property so that you can make a smart decision.