Tag: second home

Key Differences in Selling a Vacation Home

The strategies and logistics of selling a second or vacation home are different from selling your primary residence. To successfully sell a vacation home, remember these key points. Hire a professional to sell a vacation home When selling a vacation home that’s far from your primary residence, it’s crucial to hire a professional real estate… Read more »

Buying a Vacation Home With Family or Friends

For years you’ve enjoyed renting a vacation house with extended family or friends. One thought keeps recurring to all of you: What if we go in together to buy our own vacation home? It sounds heavenly! But before you take the plunge, consider these important questions. Who pays what? The first practical consideration when buying… Read more »

Is a Mountain Retreat In Your Future?

While the stunning views and clean air of mountain living are certainly appealing, be sure to weigh the challenges of mountain life before making a move. Here’s a checklist of things to consider. Positives. Living in the mountains is probably rivaled only by living near a beach for tranquility. The majestic scenery and vacation-like settings… Read more »

‘Taxing’ Questions on Second Homes

Are you in the market for buying a second home? You probably have lots of questions — what’s it like to qualify for a mortgage on a second home, and are there still tax advantages? Let’s take a look. Mortgage risk. Since lenders view second homes as being a higher risk for default than first… Read more »