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Buying lake property requires extensive homework. I know one fella who looked for five years before finding a great lakefront house of his dreams. During the search, he considered some of his priority items that included privacy, a location adjacent to national parkland, deep water dock positioning, high water levels and any potential lake drainage issues.
Take a few tips from me. Get in a boat and view your options from the water. Buy at the end of the selling season and take advantage of “cold” listings where you can really negotiate a strong purchase price. And be patient.
– Steve Massell, Massell Commercial Real Estate, The Georgia 100