Simple. For your lifestyle decisions, start by gauging resort-style choices to your own family’s resort preferences that cater to “your preferred style”. Working with guests who have similar tastes is always the easiest for owners in the hospitality business, that is the lifestyle equation.
For the finance side of the transaction, start by estimating your current equity/cash position in savings, home value, 401K balances, and any other investments you may want to consolidate into a down payment for your new resort purchase. The average resort finance package will require a 20% down payment but at times, 10% can be sufficient to secure financing.
Financing is our specialty and it is one of the many things that separates us from all other Real Estate companies. We know the inside strategies to financing and closing on Minnesota’s premiere resorts.