Going from dream to reality can be more complex than we’d often like. For most of us, it takes years of hard work to see a payoff. Why can’t everything just be simple? Well, if it were simple it may not be worth pursuing. When you’re looking to settle down in your dream home, there are many avenues to take but that old phrase, “Location, location, location,” often reigns supreme. If you’re interested in that dream home on the beaches of the Outer Banks, you’ve come to the right place and we’ll try to make the process simple!
Step One: Location, Location, Location
From Corolla, Duck and Southern Shores all the way to Nags Head and beyond, finding a dream home on the Outer Banks means understanding where to look and making a choice; soundside or oceanside. If you’re looking for a home on the water, you have a huge selection between purchasing on the soundside or having a beach front property. Not interested in waterfront property but want almost all the same perks and access? Fortunately there are plenty of neighborhoods with real estate property on the Outer Banks to choose from. The beautiful beaches of the Outer Banks
Step Two: Research the area and amenities
From eating like a local to figuring out whether an HOA community is the right fit for you, getting on local business websites, Facebook pages, and reading print publications will help you get a feel for the area’s culture, news and happenings. You’ll find out what issues are important to the towns you’re interested in and find out what separates Duck from Corolla from Kitty Hawk from Southern Shores, allowing yourself to most closely align with a community you can call home. Buying a home on the Outer Banks like anywhere is a big commitment, but one that with some forward thinking and research will benefit you for years.
Step Three: Is a vacation rental right for you until you can move
Set on buying a home on the Outer Banks but not quite ready to make the move? Looking into purchasing a vacation home to rent out during the popular summer and shoulder seasons is a viable and potentially money-making option if you know where you want to move and begin to pay for it. Maybe it’s a buyer’s market on the Outer Banks but you aren’t quite ready to relocate for another 5 years, purchasing an Outer Banks vacation home is a popular way for people to afford and eventually move into their dream home.
Step Four: Get in touch with an agent, a local agent
Real estate agents are a blessing in disguise when it comes to finding a home and eventually closing on your Outer Banks dream home. There are so many reasons why having an agent is beneficial to home buyers, but a main key to finding the right agent is finding a local agent who knows the community, is involved in the community, and lives in the community where you’re trying to relocate. Having institutional knowledge of the idiosyncrasies of an area can help you make the best decision that will last years. They will know the best and worst neighborhoods, be able to share areas based on your interests and desires, and overall, help you find the best fit on the Outer Banks for your dream home.
When you’re ready to take the next step, the team at Eillu is standing by ready to help.