Ignite FB Tracking PixelWhat to Look for in a Vacation Home - Karen Londos

What to Look for in a Vacation Home

by Karen Londos 10/08/2018

Buying a vacation home is an important goal and milestone for many Americans who want to make the most of their holidays and plan for retirement.

Vacation properties needn’t be lavish or expensive to still be a perfect way to enjoy the winter months at your home away from home. Furthermore, owning a vacation home can prove to be an excellent financial asset that increases in value over time, as more people seek to scoop up properties in your area.

In today’s post, I’m going to talk about some of the most important things to look for in a vacation home to help you kick off your search. Whether you’re months away from buying a home or the idea of a second home is still a far-off dream, this article is for you.

1. Consider locations

The most important aspect of any vacation home is that it’s located in the perfect place for you to enjoy. Whether that’s a remote getaway in the mountains or a beachfront property in Florida, your plans for the home should be your number one priority.

If it’s your ultimate goal to retire and move into your vacation home someday, consider what it would be like living in that location full time. Is it close to amenities like grocery stores? Or, if you’re moving to a coastal area, will the traffic drive you crazy?

On the other hand, if you don’t intend to ever move into your vacation home full-time, it might be wiser to choose a location that will suit your family’s vacation needs while remaining a great asset to sell down the road.

2. Spend a week at your destination before buying

Some homeowners have a dream of buying a vacation home in a place they’ve always wanted to visit or have simply heard is a great place to own a vacation home in. The problem with this is that you might find, once you arrive, that you don’t want to spend several weeks or months there after all.

It might get too crowded during vacation season or you might decide that there isn’t enough to do that will keep you busy for extended stays.

To prevent buyer’s remorse, spend a week or two in your planned vacation home destination to make sure it really is the best spot for you.

3. If you plan on renting, know what to expect

Many Americans purchase a vacation home with the intention of renting it out while they aren’t using it to earn extra income. While this can be a great way to generate income, you will need to be prepared for becoming a landlord.

Look up local rental laws in the area to make sure you understand your responsibilities. Furthermore, understand that renting out a property part-time takes work; you’ll interact with prospective renters, filter out those that you think aren’t suited for your home, and handle problems with the property as they arrive.

If you keep these three things in mind, you should be able to find the perfect vacation home for you and your family.

About the Author

Author
Karen Londos

My goal is to make each individual have a positive experience and feel my genuine desire to assist them in finding the perfect home! Each person is as important as the next to me and whether they are looking for a temporary rental or a forever home, I am going to give them 100%!

A little about me. I was born in Pittsburgh, Pennsylvania and relocated to South Florida where I graduated in the top of my High School class and attended college on a full academic scholarship, studying Engineering and Mathematical Sciences. I worked my way through college and realized I was less interested in the technicalities of Engineering and more intrigued with the internal infrastructure of businesses. 

So I shifted gears and began focusing my efforts on learning all the parts to a business and what it takes for the business to run like a well-oiled machine. With a heavy background in financials and Human Resources I worked my way into upper management and then in 2007 established K-LO Enterprises, Inc, a Business Consulting Service specializing in gap analysis, documentation and processes. 

It is in this capacity that I joined RE/MAX Absolute Service Team in 2014 and began learning all there is to know about Real Estate. In 2017 I became licensed in Real Estate, representing the differently abled community of South Florida. 

I am deaf. I was born with a degenerative hearing loss and have relied on lip reading for the better part of my life. Navigating through the hearing world, I never shied away from a challenge, believing there is nothing I cannot do. 

I embrace each opportunity as an adventure. I have my own business and have established a non-profit and is a strong advocate for Canine Companions for Independence where I partner with my Hearing Dog Ninja. 

I am that my strong business background, integrity and desire to be of service to others would lead me. I embarked on a new career with RE/MAX Absolute Service Team, under the leadership of Broker Nicole Grammer.