LBI Buyers

Sometimes buyers are looking for a good investment but live too far away to enjoy LBI often so it can be confusing to a new buyer where on Long Beach Island to actually purchase an investment property. Each LBI community is different and offers a different experience. There are very quiet and secluded areas and beaches as well as more active towns with more of a night life. Some towns have more walkable activities some people prefer to easily walk to a market, mini golf, ice cream or restaurant.

If you love to spend your time surfing, you might want to be close to spots that have a reliable break or maybe you want to be on either end of the island if you love to fish so you can get out to the ocean quickly when the fish are biting at the north end Barnegat Inlet and south end Little Egg Inlet. The north end of the island is home to Barnegat Lighthouse State Park and the south end of the island is home to the Edwin B. Forsythe National Wildlife Refuge.

The chart and map below should help you better understand the town layout on Long Beach Island. Take note that Long Beach Township has 15 sections that are not all together. There are some Long Beach Township sections on the north end as well as the south end. Sometimes LBI buyers complete a real estate search for Long Beach Township and do not realize that the search search results will give listing results in High Bar Harbor as well as Holgate and most have a general idea of where they want to be on LBI. Use our advanced LBI property search to quickly search for LBI properties matching your search criteria. The search page also lists the towns from north to south.

From north to south, the Long Beach Island layout is:

CITY	TOWNSHIP
High Bar Harbor	Long Beach Township (LBT) –lagoons west of Barnegat Light
Barnegat Light
Loveladies	LBT
Harvey Cedars
North Beach	LBT
Surf City
Ship Bottom
Brant Beach	LBT 31^st to 74^th St
Beach Haven Crest	LBT 75^th to 83^rd St.
Brighton Beach	LBT 84^th to 89^th St.
Peahala Park	LBT 90^th to 97^th St
Beach Haven Park	LBT 98^th to 107^th St.
Haven Beach	LBT 108^th to 119^th St.
The Dunes	LBT 120^th to 128^th St.
Beach Haven Terrace	LBT 129^th to 133^rd St.
Beach Haven Gardens	LBT 34^th to 28^th St.
Spray Beach	LBT 27^th to 21^st St.
North Beach Haven	LBT 20^th to 13^th St
Beach Haven	12^th to
Little Egg Harbor	Nelson
Holgate	LBT

Search all LBI properties For Sale using the Interactive Map

Long Beach Island Waterfront Real Estate Links

LBI Oceanfront Properties For Sale

LBI Oceanfront Properties Multi-Family For Sale

LBI Bayfront Properties For Sale

LBI Waterfront Properties For Sale on the bay (includes Lagoonfront properties)

If you have specific search requirements for your Long Beach Island real estate investment, use the custom LBI real estate advanced search. The customized search tool was designed specifically for the Long Beach Island real estate investor.

You have the ability search all properties for sale on Long Beach Island. The towns are geographically listed from the north end of LBI to the south end, with the ability to select an individual town, or focus on all of LBI.

You can also select a specific price range, footage of waterfront desired, oceanfront, bayfront, lagoonfront, oceanblock, oceanside, bayblock, bayside, number of bedrooms, number of bathrooms, age of property, and size of property. These are all selection criteria you may use in order to assist you with your Long Beach Island property search.

LBI BUYER’S GUIDE

1. Explore Long Beach Island

Plan to spend time on Long Beach Island to determine what part of LBI you love the most. If you are not familiar with LBI, Long Beach Island is 18 miles long but has unique residential features and you may prefer one section over another. The north end and south ends tend to be quiet.

Barnegat Light –home of Barnegat Lighthouse is on the north end of LBI. The north end of Long Beach Island tends to be quiet and less crowded-more private.

The central part of LBI has a higher Walk Score. It is very easy to get out and walk to stores, mini-golf, parks, restaurants, and numerous other businesses.

Holgate is on the south end of LBI and it is also a quiet part of the island. The Edwin B. Forsythe Wild Life Preserve is located at the end of Holgate. Enjoy seasonal bird-watching, hiking, fishing and beachcombing.

View this page for the LBI town layout.

2. Get Pre-Qualified

Loan pre-qualifying helps you determine the home price you can afford and presents you as a genuine prospect to the seller. Planning your actions and getting pre-qualified will allow you to take advantage of opportunities. A thorough plan will save both time and money!

3. Long Beach Island Value

Value is in the land -With the decline in Real Estate sales comes an adjustment in land values. The real appreciation and depreciation lies in the value of the land. The cost of construction, materials, and labor are consistently on the rise, yet home values go up or down based on the parcel of land they are constructed on.

Most Buyers are excited that they are able to afford a vacation home on LBI! With attractive mortgage interest rates and reduced asking prices, along with a variety of properties to choose from, it’s a great time to buy LBI!

4. Know What You Want

Go to my LBI Real Estate Search page to search all properties for sale on LBI. Know your price range, footage of waterfront desired, wheter you want Oceanfront, Bayfront, Lagoonfront, oceanblock, Oceanside, Bayblock, Bayside, number of bedrooms, number of bathrooms, age of property, and size of property are all selection criteria one can easily select.

5. Fixed vs. Adjustable Rate Mortgages

Adjustable rate mortgages have an initial fixed rate, which is followed by a period of adjustment intervals during which the rate adjusts based on the performance of several key indexes. Typically the initial fixed rate on an ARM is slightly lower than the comparable rate of a fixed rate mortgage.

Fixed rate mortgages allow buyers to take out a long term loan without having to worry about changing interest rates or monthly payments. Most fixed rate loans are offered in either 15 or 30 year terms.

Most buyers will be well served by a fixed rate loan, but each situation is unique. While ARM loans have become less popular in recent years, they can still be a viable option for some buyers – especially those who plan on selling again in the short term.

With all the major changes in the mortgage business these past two years, interest rates are driven many factors such as credit scores, down payment, purchase vs. refinance, property type, loan program and lock-in period which all affect the interest rate.

6. Sign A Contract That Protects You

Make sure that the contract you put on a LBI property allows you to arrange financing, inspect the home and negotiate any problems that you uncover.

7. Get A Quality Home Inspection

Paying for a qualified home & termite inspection before you buy a home is absolutely essential for anyone who doesn’t want to spend thousands of dollars for repairs.

8. A Vacation Home

As a professional Real Estate Broker, I feel a sense of accomplishment when helping a family find their perfect vacation home or investment rental property. It is a dream come true for many Buyers when purchasing a second home. A vacation home is a place to escape the stress of work and instead be able to relax with family and friends. Many Buyers enjoy not only summers on LBI but also weekends throughout the year. There is no better place to enjoy life than at a beach home on Long Beach Island.

If you are buying a Long Beach Island home in winter…

Buy your LBI property today-you’ll have the house to enjoy for the summer or secure summer rental income for your investment property.
There may be less competition from other buyers before things pick up in the spring.
Lower prices may be negotiated if you find a motivated seller and because there are fewer buyers on the market today.
Refer to my Long Beach Island Waterfront Supply vs. Demand article in the LBI Newsletters for more information on the number of LBI Waterfront Buyers and Sellers.
Also, sign up for the LBI Oceanfront & Bayfront Newsletters for LBI Oceanfront and Bayfront Statistics .
The deal may go quicker (loans, inspections, etc.) in a slower winter market and you’ll get in before summer to enjoy your new beach home or get those rentals secured if it is an investment property.
Dress warmly –summer homes on LBI are shut down without heat and water and you want to be able to spend time looking at your future investment.
Try not to track mud and snow into the house.
Come back when the snow melts to check parts of the property that are hidden by a snowfall especially the roof or foundation.

For properties currently available for sale and for those under contract, please feel free to call me. I would be happy to e-mail, mail, or fax current Multiple Listing Computer detailed reports

If a property is no longer being used, now is the time to sell to a buyer that enjoys LBI and the dreams LBI creates! Most buyers are excited that they can now afford a vacation home on LBI! With attractive mortgage interest rates and lower prices, along with a variety of properties to choose from, it’s a great time to buy or sell on LBI!

From original post: LBIsales

URL: https://www.lbisales.com/long-beach-island-real-estate-in-winter/

CITY

TOWNSHIP