You have been visiting Emerald Isle for years as a vacation destination. Now you are thinking of buying a vacation home in Emerald Isle. Before you take the leap into purchasing a vacation home in Emerald Isle, NC there are a few tips you may want to consider.
Vacation Home Investment vs Buying as Retirement Home:
So now you have decided to buy a second home. Are you planning to use it as a vacation home or investing in your retirement home? Consider where you expect to be in a year, in five years, etc. Buying a vacation home needs to match your long-term goals. Are you thinking of retiring now? Be sure to purchase that second home while you are still working so that financing the home is easier. And as you start paying the home debt down now - you will be able to relax and enjoy the home during your retirement years.
If you’re buying with the intent to sell later, market conditions and location are critical factors to consider. Locations such as Emerald Isle, North Carolina, where vacation homes are already popular and in high demand, will help to ensure that your resale demand remains high.
Location, home size and amenities may also be a factor, so use an expert. Find a local real estate agent that truly knows the area. We are Larry & Virginia Federer and we live on Emerald Isle and have been selling homes on the Crystal Coast since 2006. With over 15 years of Real Estate experience we can help you make the right choice in the purchase of your Emerald Isle vacation home.
Vacation Home Investment vs Buying as Retirement Home:
So now you have decided to buy a second home. Are you planning to use it as a vacation home or investing in your retirement home? Consider where you expect to be in a year, in five years, etc. Buying a vacation home needs to match your long-term goals. Are you thinking of retiring now? Be sure to purchase that second home while you are still working so that financing the home is easier. And as you start paying the home debt down now - you will be able to relax and enjoy the home during your retirement years.
If you’re buying with the intent to sell later, market conditions and location are critical factors to consider. Locations such as Emerald Isle, North Carolina, where vacation homes are already popular and in high demand, will help to ensure that your resale demand remains high.
Location, home size and amenities may also be a factor, so use an expert. Find a local real estate agent that truly knows the area. We are Larry & Virginia Federer and we live on Emerald Isle and have been selling homes on the Crystal Coast since 2006. With over 15 years of Real Estate experience we can help you make the right choice in the purchase of your Emerald Isle vacation home.
|
|
|
