Most people dream of owning their own beach property. It is important however that you invest your hard earned money on a property that will be a worthwhile investment. Here are 4 tips that should be considered before investing in a beach home.
Location – Spend time in the area that you intend to purchase your home in. You should have a look at the supermarkets, farmers markets, hospitals, transport, restaurants and other facilities available in the area.
Your neighbours – It is best to invest in an area where you have neighbors close by. This will deter thieves from entering your holiday home when it is empty. It is also important to know who your neighbours are. Do they have children? This would be a good idea if you have children of your own. You should also speak to your neighbours regarding noise from other neighboring homes. If you prefer a quieter surroundings, a noisy party area would not be suitable for you.
Work with a local realtor – It is important that you locate a real estate agent that is familiar about the area in both peak and off peak times. An experienced realtor would know the weather patterns for the area. To check if your area has experienced shoreline damage, ask your realtor as well as your neighbours.
Have a home inspection – A home inspector will be able to look for signs of wear and tear, brought on by age and weather conditions.