Doesn’t finding an affordable piece of real estate at the beach sound close to impossible? Carly Forman, of Coastal Green Properties, was featured on HGTV’s Beach Front Bargain Hunt: “Agent turned buyer in NC”, to show what to look for when scouting out that heavenly piece of property. Carly stresses the importance of:
- The price will normally fluctuate according to how close to the water you prefer, however, if you are prepared for some DIY and R&R, you could find yourself a diamond in the rough for a great price.
- Many condominiums have a homeowners association that can affect and restrict homeowners in many ways from outer alterations to collecting community dues; it is a good idea to research whether an HOA would be preferable or not.
- Possible income
- As Carly mentioned in her episode, their beachfront property would be a second home for their family, having a second home is a great opportunity for passive income to rent out during the off season.
Be sure to watch Carly’s Episode here to pick up additional tips for finding that affordable dream home!