This week I am currently on vacation at the beach. Working with real estate has taught me to look around in different areas and see the deals that are out there. Sense I am at the beach it is habit for me to look around and see the different houses and property that is for sale. Yes, homes at the beach are going to cost more because you have higher taxes at the beach, and homes have always been more expensive at the coast. However, with this being said I am enjoying my time at the beach and could see myself purchasing property down here at some point in the future.
Knowing where you want to purchase property is key! You don't want to get in to a mortgage and regret your purchase based off the area. Be sure you spend a decent amount of time in the area and are aware of your surroundings before purchasing a home. This is where you are going to be living for a decent amount of time. You have to love where you live, wether it's the beach, mountains, country, or city you have to fall in love with the view.
Beach tax? That's interesting, I have never honestly heard of that. I know many people who have been able to turn a decent profit from having a home on the beach and renting it out to people during the warmer months. I never knew about the beach tax, though! Have a great trip! Cheers!
ReplyDeleteTaxes are higher at the beach, that's what I meant by that. Im sorry!
ReplyDeleteI love the beach and I think that it would be wonderful to live there! I worry though about the stability of the home and the likelyhood of damage from a Hurricane or storm. I know that is part of the risk but it just seems so dangerous. As you can tell by my blog, my husband and I love the beach. It would be wonderful for him to be able to transfer his job there. I would just be worried about the dangers, the cost of living and the high cost of homeowners insurance, which I'm sure is more expensive there!
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