Know About The Tips For Buying Maine Oceanfront Real Estate

The tips that have been mentioned below are intended to be a checklist for you to contemplate before acquiring oceanfront real estate here in Maine. It is an ideal way to help you become a better and more informed buyer. Most of these suggestions are just common sense tactics that everybody would be worried about anyway. Make sure to follow these whenever planning to purchase a property in Maine.

  1. Find Out The Location of Property

The majority of town offices in Maine are equipped with maps that detail the boundaries, proportions, and locations of each property. Despite the fact that they aren't always 100% correct, they serve as a useful beginning point for property research. Take the time to walk the estate and receive a detailed site plan from the town office or the listing agent. Make an effort to locate the corners and property lines.

Although not all properties are surveyed, you should make sure that you are at ease with the physical location of the property that you are planning to purchase.

2 Enquire about the Property Access Issues

This is quite significant with regard to both the roadways and the source of water that are involved.

  • Is there a road that leads to the property that is currently in use?
  • Is access limited or open to all?
  • Find out who is responsible for maintaining the road, whether or not there is a Road Maintenance Contract and the payments associated with it. This is especially important if the property is located in a rural area.
  • It is also possible to own the waterfront itself, to share it with another party, or for the property to just come with a Right of Way access to the water.
  • Will you own it outright and share it with others?

    3  Check If All The Utilities Are Available Nearby

  • Sewage: Find out how far septic systems are set back from bodies of water to comply with the regulations. Decide on the local criteria for soil testing and permissions, and proceed from there. There's little doubt that pumping and testing an existing system is a worthwhile investment. Restoring a "grandfathered" system nearer to the water or has shorter leach lines could be troublesome.
  • Water: Make sure to determine the water quality and quantity you get at the property. If you want the quantity examined, you will have to hire a good company to do an exhaustive pumping procedure on the well.
  • Electricity: Adding electrical service to a property that does not already have it can be rather costly if the property is located in a remote area and there is no existing electrical service there.

Visit us at Oceanfront Property of Maine to know more about the best oceanfront real estate properties in Maine. You can now head on to our website and check out some amazing estate properties that we have found here for our clients.  

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