Days like today remind me that buying a home on the beach is different than buying inland. Hurricane Nicole is off the coast of Florida. When you have that low pressure to the south and the high pressure to our north, the winds along the Outer Banks get extremely gusty. Our marine forecast within 20 miles of the beach is calling for eight to ten foot seas. We might also have gale force north east winds. Buying coastal OBX property is unique for many reasons. This post identifies some of those ways and helps you find out some of the basic things you need to know about purchasing an OBX property.
Frequently Asked Questions (FAQ’s)
There’s a lot to learn before buying a house at the beach. North Carolina has its own unique processes for transferring real estate. It also might be your first time buying where hurricanes, a rough ocean and strong winds are common. Homes that are used as vacation rentals also have their own unique features. Scott Team Realty has put together a few FAQ web pages to help you better understand Outer Banks home ownership. Those pages include everything from lending, to home inspections to insurance. Here’s a link where you can see all of our current buyer FAQ pages.
Since today is a day when the ocean is rough, let’s focus on how the water around the Outer Banks affects real estate. In the coastal property FAQ page, we discuss many of the issues that you’d be thinking about on a day likel today. Those include common flooding questions, erosion questions and other questions related to this salty, humid environment. Hundreds (and often thousands) of buyers each year identify the risks, weigh the rewards and then make an offer on an OBX property.
Being ready to purchase an Outer Banks home is an educational process. There’s a lot to learn before you make an offer. A good place to start learning about buying coastal OBX property is the Scott Team Realty website.