When a home is purchased, most look at the home as the only product they are purchasing. Unless you are paying cash for a home, there is a often overlooked product, the home loan. When you obtain a home loan, you give your lender a mortgage, which is security to your lender in case the loan is defaulted. In Oregon, you enter into a trust deed with your lender and a neutral third party, usually a title company. Bottom line, when obtaining a home loan you are buying a product, and when you buy a product you want to receive the highest quality, and value in that product, right?
Second Homes & Vacation Rental Property – The Beauty of Owning Real Estate In Sunriver
Someone from the property management company should devote ample time to you, explaining the different variables and answering any questions you have. There is much more that goes into making a wise decision when purchasing vacation property in Sunriver