Kay Carlson Realtor - Remax Mountain Properties shares tips for buying a vacation home in Prescott

Are you thinking about buying a vacation home in Prescott? Good choice! Kay Carlson - Realtor with Remax Mountain Properties offers these tips for buying your vacation getaway.

Get to know the area.
Consider renting a place in the area you’re considering, as you are looking for your home to purchase. Stay for at least a couple of weeks to make sure you learn how much there is to do in the Prescott area. Visit in different seasons so you will experience weather patterns. Learn what parts of town you prefer.

Carefully choose the location.
Before you start shopping, give a lot of thought as to exactly why you want this second home. The answer will determine just where you look to buy. If the main reason is for you and your loved ones to gather together as a family, you’ll want your vacation home to be in an area that is easily accessible to everyone.

Be realistic about much time you will spend in your vacation home. 
You may use it often at the beginning, but as the kids grow older, you may use your vacation house less and less. This should not necessarily be a deterrent, as the value of your investment may increase considerably.

Buy what your budget can afford. 
Don’t purchase a property that will be a stretch to pay for. You don’t want additional stress - you go on vacation to get away from stress! Also consider whether you want to hire someone to manage the place or care for the yard. Calculate all the financial aspects into a plan that you can afford. You can always upgrade to a bigger house in future years.

Kay Carlson Realtor - Remax Mountain Properties offers these suggestions to consider when buying a vacation home in Prescott. Kay Carlson has a wealth of experience and can help you with all aspects of buying your vacation home. Whatever your real estate needs, call Prescott Realtor Kay Carlson today at 928-778-1010. Learn more at http://www.prescottinvestmenthomes.com.

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Second Home in Prescott
Prescott Real Estate
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Kay Carlson Realtor - Remax Mountain Properties shares the best time to sell your Prescott home

If you are selling your home, you surely want to get the highest selling price you can. It is important to know the best time to sell. While each situation is different, getting the best price for your property always depends on matching a good selling situation with the right market conditions. Kay Carlson Realtor - Remax Mountain Properties discusses the best time to sell your Prescott home.

Here are some signals that will tell you the time is right for selling:

• You can afford to move out of your home. When you sell and move, there are going to be costs involved. Moving expenses can very easily exceed $1,500.00. If you plan to buy your next home and apply for a mortgage, you’ll also need to have enough cash after you sell the house to not only move, but to make a down payment, too.

• You have enough equity in your home. Your equity is the value of your home minus any attached loans. For example, if your property is worth $250,000, and the mortgage balance is $150,000, you’d have $100,000 in equity. If the proceeds from the sale of your home would be enough to pay off your mortgage and selling costs, it may be a great time to put your home on the market. If not, it may be better for you to wait until the equity in your home increases.

• You are confident there are potential home buyers. List your home when buyers in your area are looking for homes. Ensuring that there are potential buyers is what makes Kay Carlson Realtor of Remax Mountain Properties stand apart from the rest. Kay will actively market your home.

Kay Carlson Realtor - Remax Mountain Properties hopes these suggestions about determining the best time to sell your Prescott home are helpful to you. Kay Carlson has a wealth of experience, and can help you with all aspects of selling your property quickly and for a great price. Whether you are thinking of selling your current home, or interested in buying a second home or investment property, call Prescott Realtor Kay Carlson today at 928-778-1010. Learn more at http://www.prescottinvestmenthomes.com.

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Professional Realtor in Prescott
Prescott Second Homes
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Kay Carlson Realtor - Remax Mountain Properties can help turn your Prescott vacation home dream into reality

If you dream of owning a Prescott vacation home but find yourself a little intimidated by the prospect, it might actually be easier than you think. Kay Carlson Realtor - Remax Mountain Properties can help make your dream into a reality.

Here’s a guide to help you consider your options:

Focus on your lifestyle
Tradition dictates that you should own your primary residence before owning your vacation home, but why? Instead, buck the system by using your lifestyle to match your primary residence and vacation choices. Think about your lifestyle. If you dwell on the thought of clean air, beautiful days, vast forests and outdoor fun why not rent a modest condo in the city and spend your money on a beautiful vacation home?

Understand the total cost of owning it
Determining what you can afford can be done in seconds by any lender. Consider the cash you have available for the down payment, closing costs and reserves. If you plan on owning two homes, your lender will expect you to be able to afford the total debt and monthly payments for both properties. To avoid risk, you should also plan for the things that lenders don’t consider in their qualifying calculations including:

• Insurance
• All utilities
• Furnishing a new residence
• Costs to travel between residences
• Maintenance costs: cleaning, landscaping, repairs and spa/pool upkeep

Make an offer using a local real estate agent
Your real estate agent will be familiar with and able to clarify local taxes, commissions, and transaction fees as well as advise you on the particulars unique to your location. It takes someone local to be able to give you expert advice.

By following these steps, your closing will be a breeze and you'll be relaxing in your Prescott vacation home before you know it. If you don't want to wait any longer to enjoy the rest of your life, call Kay Carlson Realtor - Remax Mountain Properties today at 928-778-1010. Learn more at http://www.prescottinvestmenthomes.com.

ADDITIONAL INFORMATION
Prescott Second Homes
Vacation Home in Prescott
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