Five Tips For Buying LBI Real Estate

Five Tips For Buying LBI Real Estate

Buyer’s Tips for Shopping in the Long Beach Island NJ (LBI NJ) Real Estate Market

Long Beach Island Real Estate

Buying a home in the LBI real estate market can be confusing if you don’t know where to start. A second home market like the one found on Long Beach Island can differ greatly from a primary home market. Knowing what you are looking for and where to look can help make the home search much more successful. These Five Tips For Buying LBI Real Estate will give you a good starting point.

By : Nathan Colmer | The Van Dyk Group

Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com

Click here to search all homes for sale in the Long Beach Island NJ real estate market

Five Tips For Buying LBI Real Estate

As I mention above buying a home is an involved process. Every deal is different and keeping that in mind is a good first step! Below are my top Five Tips For Buying LBI Real Estate to help get started in the home search.

  • Know what you can spend: This is “standard” real estate language but I will take it a step further. Know what you can COMFORTABLY spend. A second home purchase in the LBI real estate market is discretionary and you want to make sure you are comfortable with your budget and your current lifestyle.
  • Believe some of what you read online: There are many Long Beach Island real estate websites. Apart from the well known sites like Zillow and Realtor there are thousands of smaller websites. Some of the information is contradictory and some is flat out wrong. Make sure you know your source and that the statements can be backed up by data. Regardless of the size of the website, errors can be made and this is especially true of Zillow who draws data from multiple sources and is often skewed.
  • Understand things you want and things you need: These are often different! For example a longer walk to the beach may be worth the tradeoff for a larger home at a more affordable price. The more affordable price may allow you to use the home more and stress less about the purchase (see my first tip).
  • Understand the different parts of LBI: LBI is broken into 6 towns and many sub-sections. They are all unique. Some have larger lot sizes. Others are more crowded. Some are more prone to flooding and some take a long time to reach by car. Know what you want in a beach house and learn about the areas to focus your search.
  • Take notes: Looking at homes in the LBI real estate market can be confusing. Take pictures and take notes of the houses you see. That way you can remember the pros and cons of each and narrow down your search

Buying a Home in the LBI NJ Real Estate Market

Buying a home involves many steps. The suggestions I have made above are but a few tips I have found to be helpful in the course of my career. I am happy to discuss the LBI real estate market anytime and offer insight on any concerns you may have. If you have any questions about buying, selling or investing in the LBI real estate market please do not hesitate to contact me.

By : Nathan Colmer |LBI Real Estate Agent | The Van Dyk Group

Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com

www.BuyLBI.com

Click here to search all homes for sale in the Long Beach Island NJ real estate market

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