Monday, June 11, 2007

Things to Consider When Buying a Vacation Home

Amy Hoak, a personal finance writer at Marketwatch.com has written an interesting article for those considering the purchase of a vacaton home, entitled "Summer Lovin'."

The article has great tips and information for those considering the purchase of a second home. However, as a real estate attorney and broker who specializes in representing vacation home buyers, I have to comment on one suggestion offered in the article. Instead of a vacation home buyer looking for an agent who specializes in selling vacation homes, I would suggest they contact an agent who specializes in representing vacation home buyers. What a concept!

This is an issue pertaining to the broader real estate market as well. I believe that educated real estate consumers, when given a choice, will turn to someone whom they can trust to represent their interests when purchasing a property, as opposed to the sellers' interests.

Exclusive buyer agents, those who represent only homebuyers, and never sellers, have been recommended recently by Consumer Reports and Kiplinger's Personal Finance. To learn more about exclusive buyer agency, feel free to give us a call or drop us a line. We would be happy to help you find and get a great deal on a wonderful Northern Michigan vacation property.

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