Is it worth buying a Vacation home on the Outer Banks?

With Summer Beach and Vacation season just starting, there may be thoughts of a more permanent vacation home on the Outer Banks. Here are some things you may want to keep in mind when buying your Vacation home on the Outer Banks: How often will you use it? Will you be the sole occupant or will others vacation there, also? (Warning: Owning a home on the Outer Banks will make you VERY popular with family and friends.) What are the reasonable lengths of stays to make it a viable purchase? SHOULD you purchase your vacation home with others? You may want to ask legal assistance to hammer … [Read more...]

How to buy a Vacation Home on the Outer Banks when You Live Out of State

After spending any time on the Outer Banks, the next step may be BUYING your vacation spot on the Outer Banks. Q. What if you don’t live on the Outer Banks or live out of state, and want to buy a home here? Buying a home when you’re out of area can be extremely stressful - what areas/beaches work better for you? What laws and rules do you need to keep in mind? How on earth do you find the homes for sale on the Outer Banks? A. Hire a “Buyer’s Agent”! Buyers agents represent only the buyer in a purchase transaction and the agent has a fiduciary duty to the buyer represented. When you are … [Read more...]