{"id":77707,"date":"2014-06-23T08:20:43","date_gmt":"2014-06-23T12:20:43","guid":{"rendered":"https:\/\/www.ewmrealestate.com\/blog\/?p=77707"},"modified":"2015-03-24T19:19:45","modified_gmt":"2015-03-24T19:19:45","slug":"buying-a-vacation-home","status":"publish","type":"post","link":"https:\/\/ewmrealestate.com\/blog\/buying-a-vacation-home\/","title":{"rendered":"Buying a Vacation Home?"},"content":{"rendered":"

\"Blog<\/a><\/p>\n

It\u2019s summer. You happen to be out of town enjoying your well-deserved vacation when suddenly, you stumble upon this amazing beach house of your dreams\u2026<\/p>\n

If you have ever imagined this happening, then these few steps may help:<\/p>\n

\u00a0Step 1- So\u2026You want to buy that house, uh?<\/strong><\/p>\n

What arrangements will be made to pay for the new vacation house? If multiple people decide to participate in the investment, make sure to have an attorney in mind to draft a partnership or buyout agreement to assure a seamless closing experience now and when you go to re-sell it in the future. The less people involved in the purchase of the home, the easier and smoother the process will be.<\/p>\n

Step 2- Location\u2026 Location\u2026 Location<\/strong><\/p>\n

If you are considering buying a vacation home not only for your enjoyment, but also to lease out to future tenants, location is crucial for ROI. \u00a0Homes that are close to the water, with stunning views and within walking distance from key locations will always top the list when attracting renters.<\/p>\n

Step 3- Handling Rentals<\/strong><\/p>\n

Going through the rental process can be a tedious, time-consuming task. The good news is once rented, there are management companies who can facilitate the overall process while making sure your property is always kept at its best and maintained properly.<\/p>\n

Conclusion:<\/strong> if you are a 100% sure about making this purchase, make sure you have an attorney or real estate agent to help prepare the documents to assure a smooth closing, and don\u2019t forget to hire a property management firm who will take care of the maintenance of the property of your dreams.<\/p>\n","protected":false},"excerpt":{"rendered":"

It\u2019s summer. You happen to be out of town enjoying your well-deserved vacation when suddenly, you stumble upon this amazing beach house of your dreams\u2026 If you have ever imagined this happening, then these few steps may help: \u00a0Step 1- So\u2026You want to buy that house, uh? What arrangements will be made to pay for<\/p>\n

Read More<\/a><\/p>\n","protected":false},"author":5395,"featured_media":130092,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_expiration-date-status":"","_expiration-date":0,"_expiration-date-type":"","_expiration-date-categories":[],"_expiration-date-options":[]},"categories":[12189],"tags":[931,2089,6377,133,8705,10187,10969],"yoast_head":"\nBuying a Vacation Home? - BHHS EWM Realty<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ewmrealestate.com\/blog\/buying-a-vacation-home\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Buying a Vacation Home? - BHHS EWM Realty\" \/>\n<meta property=\"og:description\" content=\"It\u2019s summer. You happen to be out of town enjoying your well-deserved vacation when suddenly, you stumble upon this amazing beach house of your dreams\u2026 If you have ever imagined this happening, then these few steps may help: \u00a0Step 1- So\u2026You want to buy that house, uh? 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