Southport Oak Island Realty Group, Inc

Why a Southport or Oak Island North Carolina Vacation Home Is the Ultimate Summer Upgrade

Summer is officially here in Oak Island and Southport North Carolina and that means it’s the perfect time to start planning where in North Carolina you want to vacation and unwind this season. If you’re excited about getting away and having some fun in the sun, it might make sense to consider if owning your own Southport or Oak Island NC vacation home is right for you.

An Ameriprise Financial survey sheds light on why people buy a second, or vacation, home in North Carolina (see below): 

  • Vacation destination or a place to get away from the stresses of everyday life (81%) – Having a second home in North Carolina to use as a vacation spot can be a special place where you go to relax and take a break from your daily routines and stressors. It also means you won’t have to worry about finding somewhere to stay when you go to the beaches at Southport and Oak Island North Carolina.
  • Better weather (49%) – Buying in a place where there may be nicer weather in North Carolina can be a great escape, especially if it’s cold or rainy where you usually live. It lets you enjoy sunny days and warm temperatures, even when it’s not so nice back home.
  • Rental income (41%) – You can rent it out to other people when you’re not using it, which can help you make some extra money.
  • Primary residence in the future (33%) – You can eventually move into the Southport or Oak Island North Carolina home full-time during retirement. That means you can enjoy vacations in Southport NC now and have a getaway ready for your future.
  • Having a venue for gatherings with family and friends (25%) – It would be a special spot where you can have parties, regular family trips, and create fun memories at the North Carolina coast.

Ways To Buy Your North Carolina Vacation Home

You don’t have to be wealthy to buy a North Carolina vacation home. Bankrate shares two tips for how to make this dream more achievable for anyone who’s interested:

  • Buy with loved ones or friends: If you’re okay with sharing the North Carolina vacation home, you can go in on the purchase price together and pool your resources to make it more affordable.
  • Put a savings plan in place: This will require patience and persistence but consider adding an Oak Island North Carolina vacation home savings plan to your budget and contributing to it monthly.

Finding Your Dream Spot with a Little Help from an Oak Island NC Real Estate Agent

If the idea of basking in the sun at your very own North Carolina vacation home sounds appealing, you might want to start looking now. Summer’s when everyone’s trying to buy their slice of paradise, so it’s best to start early.

Your first move is to team up with a real estate agent at Southport Oak Island Realty Group, Inc. They know all the ins and outs of the area you want to be in, and which homes you should look at. Plus, they can give you the lowdown on everything you need to know about having a second home in North Carolina and how it can benefit you. The same article from Bankrate says:

Buying real estate in a new area — or even one you’ve vacationed in for many years — requires expert guidance. That makes it a good idea to work with an experienced local lender who specializes in loans for vacation homes and a local real estate professional. Local lenders and Realtors will understand the required rules and specifics for the area you are buying, and a local Realtor will know what properties are available.”

If the idea of owning your own vacation home appeals to you, let’s chat.

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Jon Langley

Hi! Nice to 'meet' you and thanks for visiting our Southport and Oak Island Real Estate Blog! My name is Jon Langley, and I'm a REALTOR® in Brunswick County, NC. I work alongside some of the best Realtors in the Southport & Oak Island area. I'd love to learn more about you if you'd like to connect with me on Facebook and Instagram or connect with our team at Southport Oak Island Realty Group. Looking forward to connecting!

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