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Ask The Broker – Safety Of Lakefront Properties

May 5th, 2022

Is it safe to buy a house near a lake?

Buying a house near a lake is just as safe as buying a residential home. We always suggest to our buyers to have the homes inspected by a licensed inspector to remove any doubt of safety. The main difference between the two would be the insurance. When you have a lakefront property depending on the flood plain your insurance company may have you take out flood insurance what will protect you if there is a large storm or flooding in the region.

Ask A Broker - Margie Information