uying a beach home is within the reach of almost everyone.
But so often, most of us do not know where to start, or
perhaps we start incorrectly. For example, we know we want
to own a place, but the first thing we do is look at all the
"For Sale" signs and pick out the most beautiful place on
the beach, call the agent, only to find out that it is twice
what we can afford. Discouraged, we
wait another year, only to learn that the prices have
increased again.
I like to recommend that the first thing anyone should do is
to find a good Realtor who can provide not only advice on
the area's housing, but also provide information about
financing the purchase. In today's market there are so many
wonderful financing options available. While Windswept can
direct you to a long list of lenders, our experience has
shown that often a mortgage broker or mortgage banker can do
the legwork and find the best source of financing for
residential applications, whether it be for unimproved land,
or for second home/investment financing. We have very good
experience with
Beach Mortgage.
Are you looking for an investment analysis? Just request one
on a given property and we will turn it around in 24 hours.
We can show you the before tax impact of
buying any property on the Outer Banks, thereby further
enabling you to evaluate the future. Don't know the property
yet? No problem. Just tell us how much you can put down, the
price of a home, and we can give you a pretty good
idea of the projected income and expenses. Just
email us for the analysis.
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