The Sea Shore Team of
Long and Foster
Interest in purchasing a Sea Shore Property has Continued to Surge!
The pandemic has made individuals more interested in buying a second home. According to Google, Online search traffic for a vacation property has reached a five-year high.
With interest rates at all time lows and work-from-home slowly becoming
work-from-anywhere, buying a second home at the Sea Shore makes more sense than ever.
Here are a Few of the Potential Benefits:
Appreciation. While every market is different, home values at the Shore have historically appreciated approximately 4% annually. Building equity in the property for a future sale or to borrow against and buy another property.
Tax Benefits. Your tax advisor can help determine eligible tax deductions on a Sea Shore investment property, which generally include mortgage interest, property taxes, depreciation and operating costs, such as repairs and maintenance.
Cash Flow. Depending on expenses, you can generate excellent cash flow from the summer rent you charge.
If you’re thinking about purchasing a Second Home at the
?Jersey Shore, The Sea Shore Team is here to help evaluate investment properties that fit your financial goals.
Thinking of Selling Your Sea Shore Property?
Now is the Time to Trade Up or Sell!
Enjoy the Equity your Home has Built
Call Us Today for a FREE Property Value Analysis!
609 263-1431 or SeaShoreTeam@LNF.com