Sunday, January 11, 2009

How to Retire and Live on a Lake

By Ms. Davis

You may have the desire to live out your life living in a house on a lake. You may have a fishing boat, a sail boat or a kayak or just be an avid fisherman. What ever the reason, now may be the perfect time for you to be looking at that dream home.

There is a reality check everyone that wants a house on the lake goes through; its just more expensive to live right on the lake than a block or two away. That simply means that your price range will have a lot to do with how close you can really live to the lake. However, two blocks away is a lot different than two or ten miles away when were you want to be is on the water.

There are second homes that are being sold during this downturn and as the economy worsens, these homes will need to be sold fast. That is good for someone who is in the position to grab a lake home at just the right moment.

However, if youre not ready to purchase yet, its a good time to get ready, especially if prices continue to fall. Falling prices coupled with falling interest rates create the perfect time to purchase a home. Of course, you may have a home of your own that needs to be sold before you can buy another and these are all things that need to be considered.

Finding a good location for a home on the lake is also important especially if you are close to retirement or retired. Making sure you are in an area that also has good hospitals, generational care facilities and infrastructure for other things like shopping, movies and entertainment is also a plus.

No matter how old or young you are, if lake living is on your to do list, it is never too soon to start doing the research and getting prepared to make the move and take the leap. It takes some families several years to get everything prepared and find the perfect situation and home for them to live out their dreams. You are worth the effort and there is always that special house that becomes available at just the right time. - 16887

About the Author:

No comments: