February 2011 Issue
Home Away From Home
A vacation home can be a great getaway, but experts say buying one requires careful research and planning.
Record-low mortgage rates and attractively priced real estate are just two of the reasons this may be a good time to consider buying a second home.
Whether you’re interested in a condo near the beach, a mountain retreat or a golf community getaway, you’ll find that homes in some markets are selling at prices not seen since early 2000. And if you plan to use your second home as a rental property, you may reap tax benefits and capital growth.
However, while real estate experts say the purchase of a second home can be an investment that offers decades of enjoyment for you and your family, it’s important that you have a clear and definite plan as you look for your ideal property. To read more, click here to subscribe. >>