Knowing what NOT to do when buying your second, vacation or investment home at the Jersey Shore can be just as valuable as knowing what TO DO.
You’re neither rich nor poor, and you’re ready to buy your first vacation home. You look around. All those homes on the market! All seemingly priced out of reach!
Cheer up. You’re not alone. With some solid real estate counseling and some help from lenders and/or sellers and others, you can not only get your toe in the door, but you can own the house too. It just takes some creativity, a few inside tips and a bit of homework.
It’s a maxim in real estate that the three most crucial factors in selecting a home are “location, location, location.” It’s also true! No matter how wonderful the home is, the location is key to how well you’ll like living in it and how well it sells when you’re ready to move on. Before you buy, carefully check the following factors to be sure the home you like is really the one you want to live in.