Buying a vacation home or rental property can be rewarding; however, it is critical to conduct thorough due diligence on the property before closing on the purchase.
The following are a few important matters to consider before buying a vacation home:
Lender Due Diligence
Seek competent legal counsel to guide you through these queries and to help you determine if other issues should evaluated.
In this buyer’s market, it may be the right time to buy a vacation home or investment property, but proceed with care and conduct the necessary research to be certain you are buying what you intend.