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Showing posts with the label vacant homes

The Pros and Cons of Buying a Vacation Home

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  David Deem 714-997-3486 Dave@DeemTeam.com With the recent rise in remote work, vacation markets all across the country are experiencing a surge in demand that’s driven by buyers who are taking the leap to become second homeowners. If you’re considering purchasing a vacation property, here are a few of the pros and cons to keep in mind. Pros: It’s a vacation home! Let’s get this out of the way first and foremost: there’s nothing like having your own vacation home to escape to on a moment’s notice without having to worry about bookings. It’s all about personal enjoyment and creating a place where the whole family can have fun together. Income Potential When you’re not using it, there’s always the possibility of renting out your second home to offset the costs. Furthermore, depending on how often you rent it out, you may be able to deduct all of the operating expenses. Investment Opportunity With the unprecedented shift in our work-life balance, real estate in vacation markets incre...

TOP 6 Reasons to Stage a Vacant Home Listed For Sale!

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David Deem 714-997-3486 Dave@DeemTeam.com  1.) Buyers need to use their imagination to see the potential. Because the rooms are empty, it is often difficult for them to envision how they would look with furniture, décor, rugs, and artwork. 2.) Sometimes it is impossible to figure out the purpose of a particular space. If there is a room or area in the home that is even remotely odd, shaped or sized in an unusual manner, or whose purpose is ambiguous, then buyers will be confused and uncertain. Its purpose must be adequately defined, and this is best done visually. 3.) In vacant properties, buyers tend to focus on every imperfection. And the older the house and the more outdated the fixtures, the bigger this problem will be. Staging the home will distract buyers and minimize the impact of these imperfections. 4.) An empty house feels cold and bleak. Remember, first impressions count. You want it to be warm and inviting so buyers will have an emotional response and es...