How to Beat the Long Beach Island Real Estate Market
Long Beach Island Real Estate
I am often asked how to get the best deal in the LBI real estate market. Most buyers falsely assume that the best deal can be found in a short sale or foreclosure. That is not at all the case. Distressed sales such as short sales and foreclosures tend to make up a VERY small part of the real estate market on Long Beach Island. When they do come along, they tend to draw a lot of attention, which can create a bidding war or need so much work they overall investment is too much. So, what is the best way to beat the LBI real estate market? Build a new house (carefully). Building a new home offers several advantages, such as:
- The ability to build a home to today’s design standards
- The ability to match the layout of the house to your personal needs
- When following the correct set of guidelines, a massive equity position, usually in the area of 20%-30%
By : Nathan Colmer |LBI Real Estate Agent | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
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