Receive the keys to your Dream Vacation Home

While it is wonderful to be in another country, it is quite different to be able travel there and back. It’s even more enjoyable to live in a vacation home. According to the National Association of Realtors (NAR), vacation homes account for about one third of all second-home sales.

Before you buy your home, here are some tips to help you get there.

* Get pre-approved for a mortgage. Before you start looking for your perfect vacation home, it is important to be pre-approved for a mortgage. The buyer will be more likely to accept an offer if they have been preapproved. You should also consider other financing options. Ask the developer whether they will offer a mortgage rather than going through your financial institution.

* Buy for pleasure, then investment purposes. Many tax professionals will point out that vacation homes should be bought primarily for enjoyment and secondary considerations such as real estate investments.

* Take a good look at a tropical paradise. It can be difficult for people to find affordable vacation homes that aren’t located in densely populated areas. However, 100 miles north from Costa Rica, there are tranquil and secure communities such as Los Suenos. The beachfront amenities include bars, restaurants, and outdoor pools. You can also enjoy exotic fishing, world-class surfing and outdoor activities. For more information, please visit www.suenosbeach.com.

* Include other family members in the decision. Consider the needs of everyone if you are going to live with friends or family in your new vacation home.

* Think day-to-day. It is important to ensure that there are health care facilities nearby, as well grocery stores, entertainment venues, and other necessities.

* Buy a place that you can use year-round. You should be able to live in your home for a long time, even if your life circumstances change. Consider amenities and activities that are available all year. You should also consider income potential. You might be able to let your vacation home become a rental pool, if you are a developer.