This month we're talking about all the exciting and unique circumstances involved in buying a waterfront home. This week we're talking about where is your property line at the water's edge when you buy a waterfront home. Most folks think that they own to the middle of the waterway where their home is located but federal guidelines have changed and that is no longer the case.
For example, when you buy a waterfront home, the property line that meets the water's edge is determined by the surveyor based on your average high-water mark. So, if you can see the rocks across the creek behind me at the rambler, you'll see a dark line that likely indicates the high-water mark, so when a surveyor surveys that home, they're going to determine that the property line where it meets the water is that average high-water mark.
As the tide goes out that homeowner may have a sandy beach that he can use and he may not but the truth is he doesn't own the sandy beach even though he uses it and this is something unique to waterfront purchases that buyers should understand as they engage in that kind of a purchase.
I hope you found this information helpful. If you would like to discuss it
Further, please reach out to me at the contact information on this video. Thank you!