If you are interested in buying a vacation home in Utah , a Deer Valley Realtor can help you find the perfect place to get away from it all.

Deer Valley Realtor

If you have vacationed in Deer Valley before and just can’t get enough of the mountainous terrain and fabulous skiing, a Deer Valley Realtor can help you find a vacation home in which to experience this resort community whenever you wish. Seated in the historical mining town of Park City, Utah, Deer Valley is located approximately 36 miles east of Salt Lake City and is accessible via Interstate 80. The community offers its residents skiing, mountain biking and hiking as well as vacation homes valued above Utah state averages.

Mortgage Pre-Approval

Apply for a mortgage now before you contact a Deer Valley Realtor. Being pre-approved for a loan is a critical step to purchasing a vacation home, especially if you already have a home loan. A second loan will add to your debt level. Depending on what you owe on your primary residence, you may be limited by what a lender can offer for a home mortgage.

Finding a Deer Valley Realtor

Interview several Deer Valley Realtors before selecting one. Ask how many vacation home listings they have, how many years they've worked in the business and whether they have a particular specialty. You want a Deer Valley Realtor whom you can feel comfortable with and whom and trust.

Realtor vs. Real Estate Agent

When seeking a Deer Valley home, you will notice there are many real estate professionals to choose from. To ensure you work with a member of the Utah Association of Realtors, look for the registered trademark symbol after the Realtor’s name . Out of 12,000 licensed real estate professionals in Utah , 9,000 are members. Deer Valley Realtors take ethics and reliable service seriously and have more than just a real estate license. Each has agreed to follow a strict code of ethics when assisting you with buying or selling Deer Valley real estate.

Home Type

Ask the Realtor about the types of homes available in Deer Valley . Consider what kind of home will suit your needs. You should decide whether you will be staying at your vacation home on a weekly basis or several times a year. If you are interested in a single-family home, there are many available. Cabins and condominiums are also popular.

Maintenance

The vacation home you purchase will need on-going maintenance. Hire a Deer Valley maintenance service to look after the property in your absence. Local maintenance individuals may also be available for a smaller fee.

Visit Different Properties

Just because you like the first vacation home you see, take time to visit others as well. View various vacation homes in different settings. Get a feel for how location, size of the homes and other factors affect price differences.

Restrictions?

Ask the Deer Valley Realtor if there are any local restrictions on renting your property when you are staying at your main residence. The amount of time that a property is occupied by someone other than the homeowners may be limited. If you make a vacation home available for rent for more than 14 days in a year, the IRS categorizes it as an income property rather than as a residence. You'll be paying taxes on the net rental income after expenses, which could put you into the next tax bracket.  

Owning a vacation home in Utah could be just what you need, and a Deer Valley Realtor can help you find the perfect home away from home.

By R. S. Wagner

A REALTOR® is a real estate professional who is a member of the National Association of REALTORS®