If you’re thinking about buying a second home, you’re not alone. Many people want to have an escape of their own, but what do you need to remember before you dive in and make a purchase?
What You Need to Know Before Buying a Second Home in Tampa Bay
If you’re thinking about buying a second home in Tampa Bay, it’s always a good idea to check on the financing first. Many people intend to rent out their primary homes when they’re not in residence–but don’t forget that some lenders consider rental properties riskier than primary residences.
(If you intend to rent out your primary home, make sure you hire a good property manager who can check in from time to time while collecting rents and organizing maintenance.)
You’ll also need to pick the perfect location. Would you be better off in Hillsborough County, Pinellas County or Pasco County? Each has its own “perks,” so it may be best to evaluate your needs (such as how close you want to be to the airport, whether are community amenities and so forth) and talk to your Realtor(R) before you get your heart set on a particular area.
Are You Moving to the Tampa Bay Area?
If you’re looking for a second home in Tampa Bay, we’d love to help you.
Call us at 727-584-8480 or 813-961-6000. You can also contact us online if it’s easier.
Once you tell us what you want from your next home, we’ll begin searching right away.
