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Thursday, May 29, 2014
Searching For A Home? This Might Help | Pound Ridge NY Homes
For our first visit to Curbed University, we're getting straight down to business: Buying. We'll be covering other topics throughout the week?renting, mortgages, selling, neighborhoods, et al?but this should hopefully provide you with some insight to help you start navigating the sales market in the Hamptons. Of course, there are primarily two type of homebuyers out here (year round residents and summer visitors), so we'll be doing our best to tailor this info to both.
Where should you buy?
Summer home buyers: The best bit of advice we've come across with respect to beginning your search is that it might be in your best interest to rent for a few seasons before making the plunge. Each town has a different vibe and potential homebuyers will benefit from discovering just what that is on their own. You may enjoy a day trip to Montauk, but owning a summer home out there is a completely different beast. Same goes for the rest of the towns, villages and hamlets on the South Fork. Get to know what makes each town disctinct. If you have the luxury of waiting (and aren't worried that market is going to rebound dramatically), figuring out just where you can see yourself in two, five or even ten years is a safe bet.
Year round residents: Since you already have an idea of what its like to live out here full time, factors like school district (if you have kids), property taxes and price point are all going to play a part in your decision. You probably already have an idea of where you'd want to buy if the stars align, so no need to go to in depth here.
read more...
http://hamptons.curbed.com/archives/2012/03/26/searching_for_a_home_this_might_help.php
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