Thursday, April 4, 2013

What You Should Check When Buying Waterfront Property: Dean Graziosi Sums up Everything



Purchasing a property means putting on stack a large amount of money. But, when it comes of waterfront property the perks and odds are equal. Waterfront property is a sign of luxury, nature-love, peace and tranquility. Some think life becomes quite monotonous when they live by waterside; others are convinced that there is never a better place to feel nature than waterside, especially if it is ocean.
Dean Graziosi believes that like every other place, one can learn how to live by waterfront. It is luxury and it is a status symbol. Once must understand that living by waterfront is different from living at any other place. There are some facilities as well as some restrictions. Dean has designed a list of tips that can help enhance experience of waterfront living. 

 
Dean Graziosi is famous due to many reasons. He is a famous real estate businessman, he is a bestselling author, he is a generous millionaire who supports many charity causes and he runs one of the longest running infomercial series on local TV channels. 

Average Agent Vs Specialized Agent:
Waterfront properties are different from other types of properties, so is the case with real estate agents. An ordinary estate agent won’t understand demands of the waterfront properties. A good real estate agent will understand why a certain property is ideal.

Don't Fall in Love:
Often buyers fall in love with the property. They immediately purchase the property, later when they move in; they find many things that are not up to their standards. For example, they find that swimming is not smooth, the water is not clear, place is crowded etc. Never fall in love with the property. Always pay attention to the minutest details. 

 A Little Away from Water:
You can buy the property a few miles away from waters, one or two streets may be. Number one advantage is that the house will be few thousand dollars less. Number two is that you will get a view from one or other room and terrace. Number three, in case of a storm, the price stay same, or may rise.

Focus on Your Activities:
If you really love to spend more time near sea, doing diving and deep see fish hunting, then above idea is definitely not going to work for you. Walking a few miles every day is not practical in most of the cases. Before making deal keep your activities and priorities up on the list.

Apply for Loans:
According to Dean Graziosi, getting a loan on waterfront property takes a hell lot of more time as compare to any other mortgage loan. High prices of a waterfront real estate are the reason why loan takes so much time. If you are interested in purchasing a waterfront property, you must apply for the loan way before you finalize the deal.

A Complicated Insurance Policy:
Usually, waterfront property owners have to buy a number of insurance policies including wind policy, flood policy etc. You must start searching for a proper insurance package before finalizing the deal.



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