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Home Buying in Wellfleet : Real Estate Advice

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Activity 4
Thu Aug 11, 2016
Valeriepicco asked:
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Sat Apr 19, 2014
Mellor.betsy answered:
I live on Ocean View Dr. and have to move back from the edge but want to do that because there is no greater place I've found to live. I have seen about 3-5 ft. average a year for ten years but that really depends if the winter storm hits during a full moon or stays grinding on the shore for days. Same as any waterfront storm issue, anywhere. The owners who built between 1959 and 1961 had to give their properties to the National Seashore when the original owner died and I will have to give my property to the sea, not heirs. I will live there because the wild Atlantic shore like nothing else. If you are averse to risk, and feel that you deserve the land you live on, you probably won't like it. If you enjoy the sun, wind, clear air, birds and whales, wildlife and the sound of the surf, AND can stay in the day and not project your fears froward than you would love it.
The shore has to fall into an angle of repose and I will take MY angle of repose from that.
Any water front property will have issues, water quality (Lieutenant Island and Pamet Point among others), marsh changes and smells, the tourists in your space...Ocean level rise will be an issue for your heirs if not for you, if you buy waterfront. I welcome you to the neighborhood if you want to come see my house moving project this summer.
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Wed Aug 1, 2012
Patricia Lemme answered:
Some people that own a home off Cape will use the equity in that home to purchase a mobile home here, I sold one where the buyer did get a personal loan and used his business as equity. You could try companies that lend money to buy boats and trailers. ... more
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Sat Jun 16, 2012
Rose Kennedy answered:
There are a few options that you have. You can make an offer contingent on the selling of your house however the seller's don't like to take their home off the market for any length of time in this market and not always the best way negotiate. I would definitely talk to your lender and see what they could suggest.
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