Highlands vacation homes include a list of responsibilities that buyers should be aware of as they undergo a property search. Vacation homes may need a property manager, HOA fees, and different maintenance than your primary residence. Property in a club, a home downtown, or a condo will all have different needs, and these should be evaluated and weighed as you choose your home.
Some owners of vacation property like to rent a home out when not in use. If you plan on renting a home out you will have to accommodate for cleanings and preparation. A property manager makes this easy but may not be the route you want to go. Likewise, if you are buying in a club or a community with an HOA you will have fees and perhaps a set of rules to live by. Accommodating for this and a thorough knowledge of the HOA documents is necessary. If you purchase a condo you will have condo dues but the landscape and exterior maintenance should be taken care of by the association. Many vacation home buyers like the idea of a condo as they are considered more low-maintenance.
An experienced Highlands REALTOR can be extremely valuable when navigating the vacation home market. Contact me, Lynn Kimball, today to learn more about buying a home in the Highlands area. I welcome the opportunity to update you on current market conditions while helping you locate a property that suits your needs and your lifestyle.
Click here to read “Maintain Your Vacation Home” from House Logic.