Things to Consider When Buying a Vacation Home

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Owning a vacation property near Ocean City, MD is an attractive prospect to many buyers – who doesn’t love the beach!? But there are often an overwhelming number of factors to balance in making the leap to purchase a second or vacation home. The Hileman Real Estate team is ready to guide you through the process! Here are a few things to reflect on as you prepare to shop for a property on Delmarva. 

Purchasing Considerations for Properties Near Ocean City, MD

  • Location 

Try to make an informed decision on location before starting your search. Be deliberate in narrowing your search by town or residential community and use our Property Map as a reference. Visit each of the potential areas, such as Ocean Pines, Berlin, or Ocean City, and consider an overnight stay in one of our recommended rentals to really get the feel for the area. 

  • Lot Size and Maintenance Preferences

When looking at a potential purchase, always give thought to the indoor and outdoor care requirements, such as lawn maintenance, docks, or nearby water access points. Lot size may also be a factor in the distance from the nearest neighbor. 

  • Travel

Get familiar with the route to and from your potential rental area to Ocean City or other local attractions. Think about if you or your guests will prefer a walkable environment, or are more comfortable driving to local attractions. If you prefer to drive, remember to research each property’s parking options. 

  • Accessibility

If you are interested in owning the vacation home long-term, invest in a property that has accessible entrance options or room for modifications. Take note of properties with elevators or ramps available, if needed. 

  • Amenities

As part of narrowing your search to specific communities, learn more about the related Homeowners Associations, taxes, fees, rules, and amenities in each community you’re including on your short-list. 

The Hileman Real Estate team of experienced agents is here to help make buying your dream vacation home a reality! Start your home-buying research with the array of resources we’ve cultivated for you. 

View properties, sign up for listing alerts, and schedule a showing on our website. Contact our team today or call 410-208-9200 to get started!