VACATION PROPERTY SALES ARE HEATING UP! Now may be a good time to sell.

10 Things to Consider When Buying a Vacation Home

Boathouse Neighborhood, Sanduksy, Ohio

1. Will you be renting it to cover expenses?  

• Is renting short term permitted by the association?  Local government?
• Are you close enough to self manage?  If not how many companies are available?  At what cost?  
• What is the rental season?  
• Additional insurance expenses?
• Rental marketing venues?

2. How far are you willing to travel?

• If you want a place you can use more than a couple times of year, consider distance.
• If you are going to self-manage and rent the property - distance matters!

3. If a group/family purchase - have you worked out everyone's responsibilities?

• Financial/Management
• Repairs/Maintenance
• What if one of four owners wants out?  
• Have everything in writing, signed and dated.

4. Have you considered all related expenses?

• Insurance
• Taxes
• Rental Fees
• Fund for possible assessments, unexpected repairs, etc.

5. Neighborhood, Neighborhood, Neighborhood!

Bass Club, Middle Bass Island, Ohio

6. Rent First - Then Buy!  

7. How long will you be holding the property?

8. Is there an HOA or Condo Association?  

• Read their bi-laws!  
• Insurance coverage!

9. What are your key goals?

10.  Choose an experienced agent.

Lee Hisey and the Hisey Group serve Cleveland's Westside to the Lake Erie Islands.  One of their specialty areas is "Lake Erie Island, River and Shore Vacation Property".  

Middle Bass Lakeshore Condominiums, Middle Bass, Ohio

Vermilion, Huron, Sandusky, Catawba Island, Marblehead

Johnson's Island, Kelleys Island, Middle Bass Island, South Bass Island

Put-in-Bay, Rattlesnake Island, North Bass Island & adjacent areas.

Contact the Hisey Group with Howard Hanna today at RealEstate@HiseyGroup.com or Lee directly at 440-315-6000.  

http://www.OhioVacationLand.com

Howard Hanna Hosts Biggest Real Estate Event of the Year

Howard Hanna Hosts Biggest Real Estate Event of the Year

Click on the above link for details.  Proud to be part of the largest brokerage in our market area, state and region!

The Hisey Group with Howard Hanna, 440-315-6000
Serving Cleveland to the Lake Erie Islands!