How to Make a Smart Waterfront Real Estate Purchase

How to Make a Smart Waterfront Real Estate Purchase
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Invest in Washington Waterfront Properties with a Private Money Loan

From beachfront to lakefront to river view, Washington State offers a fabulous array of waterfront real estate opportunities.

Purchasing property on the water isn’t just a pool party.

Whether your preference is an urban setting multiplex or a vacation rental on the Washington coast, it’s important to consider the following factors when investing in a waterfront property:

Waterfront Property Purchase Checklist

  • Location and Features: While a home can be updated or improved upon, the physical setting, including view, water access, and privacy, determines the true value of a waterfront property.
  • Traffic: Water traffic can make or break a property’s appeal. Speed boats, water sports, fishing, popular beach locales, or neighboring docks can all detract from an otherwise idyllic setting.
  • Access: Properties with direct, private water access have much greater value than those that share moorages, beaches and pathways.
  • Regulations and Codes: Additional local, state and federal codes and regulations protecting shoreline development can slow or put limitations on new construction and remodels.

A waterfront property can be a terrific investment, particularly in the Northwest. With a solid grasp of what to look out for, challenges can be met and the benefits and rewards of any well-located property fully realized.

Get an Easy Washington Hard Money Loan

As private money lenders, we provide quick, convenient loan assistance to real estate investors when other sources aren’t available or time is of the essence. At Gregory M. Russell, we have the experience and know how to help ensure a successful purchase when the right waterfront property comes along. Low credit score? Need fast cash for upgrades? Talk to us. Call today to learn about hard money loan options in Washington State. 1-888-477-0444.