OBX Real Estate Blog from Eillu

With its mild weather changes, world-class beaches, and great outdoor activities, the Outer Banks is a beloved vacation destination for thousands across the country. While many only visit the Outer Banks, some are lucky enough to own or purchase property on the beautiful barrier islands. The Outer Banks is not only an attraction for visitors, but the long string of barrier islands also offer a strong appeal to investors. One of the top reasons for this is the increased income for owners due to the desirable location.

If you’re on the fence about whether or not you want to invest in an Outer Banks vacation home, then keep reading! We compiled some important information to consider and ultimately help you decide the best route to go for investing in an Outer Banks vacation rental home.

One of the most important questions investors should always keep in mind is, “How well will this house rent?” With so many choices on the Outer Banks, from luxury to rustic, it is easy to lose sight of what is most important to the target customers of your vacation rental home. Every amenity must be carefully considered to make sure it is satisfying guests and not draining your pockets. It is not necessary to have every amenity to get loyal guests and a fully booked calendar.

Heading to the Outer Banks is one of the best ways to spend a family vacation. As your vacation gets closer and closer, so does the dread for packing. Don’t worry — you aren’t alone! Many people dread the process of both packing and unpacking from vacation. Whether it’s your first time to the Outer Banks or your 21st time, we as humans can be forgetful even of the most important things. That’s why we put together this Ultimate OBX Vacation Packing List — so you won’t have to stress about forgetting something, including your sanity! With the items on our following list, you’ll be all set for relaxation on your destination vacation to the beautiful Outer Banks of North Carolina! 

Buying Outer Banks real estate can be an extremely profitable and rewarding experience for families looking for a beach getaway. Choosing the right town on the Outer Banks to purchase your home in can be the hard part. Each town has its own allure and amenities that make living and visiting the OBX so popular. One of the most popular towns is the northern beach town of Corolla. Corolla real estate provides many with the quintessential OBX town-feel loved by so many. Learn why more families are choosing Corolla to purchase an OBX beach home more than ever!

Miles of Pristine Beaches

Let’s face it: the most alluring and desirable amenity the Outer Banks boasts is its untamed beaches. Corolla offers some of the most natural landscape left on the Outer Banks. Thanks to later construction and the miles of beaches preserved for the Corolla Wild Horses, Corolla has beachfront homes that give you and your family plenty of room to enjoy the nature that you fell in love with. 

Every vacationer to the Outer Banks has considered, if only for a moment – what it would be like to have their very own home in paradise;  A place for a family retreat or perhaps to eventually retire to.

Consider this: Instead of doling out dough every year to rent a home near the beach, you could own a condo or home in the same area.

Buying a vacation home provides an endless number of getaways stretched out in front of you. No matter where you live, getting out of town is cathartic. Even more so, it’s almost meditative being able to relax in a space that’s all yours without the hassles that come with hotels or having to abide by other homeowners' rules. Plus, you don’t have to worry about any additional costs because you’re already paying for it, especially if you end up cooking at home. Owning a second home, however, may not be the best choice for everyone, regardless of the location. There are several things to consider when deciding if owning a home on the Outer Banks will be of greater value to you rather than simply renting a home on the Outer Banks. Owning a second home should be pleasurable, not the source of constant financial strain. Smart decision-making is key, and always remember to know your limits when it comes to big decisions that will impact your future. When done right, the advantages of owning a home on the Outer Banks can far surpass the disadvantages, so we’ve gathered some information to help those who are trying to determine what’s best: to Rent or to Own?

If you’re thinking about buying a home where you can enjoy the sun, sand and sea, whether it’s your first home or your tenth, you’ll most likely follow a specific process. Check out these nine steps to buying a house in the Outer Banks – they’ll help you prepare for the process so you can make an offer on your dream home as soon as you find it.

These are the 9 steps to buying a house in the Outer Banks:

• Get mortgage preapproval
• Find a REALTOR
• Make a list of must-haves, wants and must-not-haves
• Start house-hunting (and be ready to edit your lists)
• Tour homes you like
• Make an offer
• Get a home inspection
• Have the home appraised
• Close the deal

Here’s a closer look at each:

Whether you’re coming to the Outer Banks for a quick weekend getaway or you’re visiting to find your next home, you’ll love knowing that some of North Carolina’s best – and most famed – attractions are all located along our beautiful shoreline. Check out these ten can’t-miss attractions in OBX.

Selling a home is a big deal — and if you want to sell it quickly (and at the right price), there are a few things you can do to make it more appealing to prospective buyers. Check out these five tips from the pros to prepare your house for sale.