Today's market in Lake Lanier real estate has changed from its state just a few years ago. Back in 2005-2006, it was often difficult to find homes on the lake, with dock permits and lake access for under $300,000. Today is indeed different, as a look at some of these low cost homes will confirm.
For example, we have been eyeing a few opportunities here on the south end of Lake Lanier at 3200 Rim Cove Drive in Cumming, Ga. These rustic lake condos offer an extraordinary opportunity to get a low cost, lake access home with docks, swimming pool and plenty of amenities for under $100,000.
Now before you rush out to buy, be sure to check with your mortgage lender. If you are searching for a second home, the lending requirements have tightened and most likely they will demand 10 percent to 20 percent down. But at these prices, it's hard not to be tempted by this lake market!
www.LakeSidneyLanierHomes.com
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