Advantages of Buying

How this works

1.  PAY only 8 Months of Expenses

2.  COLLECT entire Rental Income for the year  

     (Memorial Day through Thanksgiving)

• Pre-Season: Select a property and go to contract

• Close on property

• Memorial Day: First Rental. Rentals continue through fall

• July 1: First mortgage payment due (Interest on loans is paid after it is accrued)

Expenses:  Yes, you have taxes and utilities for May

May thru December - 8 months expenses July thru December - 6 mortgage payments

Rental Income:  Entire rental season - Memorial Day thru  Thanksgiving.  

Advantage - With only 9 months of the year expenses , you end the first year with cash reserve to carry through the off season months.

Finally - You get the best choices and at early year prices!

To see how this works for your property choices and a financial analysis contact: Lilias Morrison.

Outer Banks Multiple Listing Service

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Sanderling Soundfront Lots

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Real Escapes Properties

Lilias Morrison, Broker

Real Estate Broker
Top Negotiator, +30 Years Experience
Builder - Construction& Remodeling
(252)  202-7743

Rare Bird !

Connecting People and Property

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Search every listing in the Outer Banks Area 


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Better yet, see us in person!

Enjoy panoramic views over the Atlantic and west over the historic Currituck Sound.  Sunny days, warm ocean breezes, boating, fishing, windsurfing and beachcombing- this is just a few of the activities waiting for you on the Outer Banks.

Real Escapes Properties

PO Box 98, 8845 Caratoke Hwy, Harbinger, NC 27941, US

(252) 202-7743 or (252) 491-2670