Home Away from Home!
So you have decided to buy a Vacation Getaway or Rental Cabin Investment Property!
Your perfect escape-the beautiful mountains of North Ga has been a favorite daydream for years! Now that you are in a position to make it a reality, the prices and interest rates have never been better. Here are just a few questions to guide you towards the right decision.
1. What is my budget? If you know how much you can afford you can eliminate looking at property that may be out of your price range,,, or you may be limiting yourself if you are looking at lower priced properties and you have more purchasing power than you think! It is always a good idea to find out what your budget can afford at the very start of your properety search.
2. Do I want to Buy an Existing Home or Build ? If you search and search and check out what is available for sale on the market and just can't find what you want then don't leave out the possibility of hiring a professional contractor to build you just what you want! Sometimes it pays to look at homes and cabins that are currently on the market, many times you will find more value per dollar on a resale home than starting from scratch. Many times building your own "Dream Home" is the way to get your perfect escape!
3. How far way do I live? Here you can ask yourself "do I want a getaway that I can get to every weekend in just an few hours drive?" or if you will be a seasonal resident will you mind driving a much longer distance to get to someplace totally different from where you live? Decide how often you can visit your perfect escape!