Buying Highlands Real Estate, Is Plan to Rent?

If you are buying Highlands real estate is your plan to rent it out?  Renting out your vacation home is a great way to offset the costs of its purchase.   Some properties are actually capable of cash flowing.  Highlands NC is a popular vacation spot and many second homeowners rent their vacation homes when they are not using them.

There are a few things to keep in mind when buying a second home in Highlands NC. Interest rates for a second home are often higher than for a primary home. In addition mortgage rates can also be a bit higher for a property that you are planning to rent out. There is also always a chance of damage being done to your home or periods of time when it is not rented.

Highlands vacation homes can make a great investment for the informed buyer. Contact us today to learn more about buying Highlands real estate and let us get you started with your home search. We can provide you with access to all homes currently listed for sale and help you move forward with a property that works for you.

Click here to read “Before Becoming a Landlord, Add Up Costs” from The Wall Street Journal.

About the Author
BERKSHIRE HATHAWAY HOMESERVICES MEADOWS MOUNTAIN REALTY has been serving the Highlands NC and Cashiers NC areas offering exclusive mountain real estate and country club properties since 2003.

We recognize that there are many important aspects to consider in making a real estate choice. With that in mind, we listen closely to the needs and desires of each individual customer and work diligently to find the ideal mountain property or to sell your property as efficiently and effectively as possible. However, our job does not stop there.

Once you have made your real estate decisions, we are here to help you in any way that we can. It will be our pleasure to familiarize you with all aspects of the Highlands and Cashiers communities, including home, professional and personal services as well as activities, restaurants, health care and shopping. We will go the extra mile to ensure that your experience in the mountains exceeds your expectations.

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