Second Home or Investment Properties
While most home buyers today report "Investment" as the primary reason for their home purchase, a growing number are moving beyond their primary residence to seek out Second Homes or Investment Properties. Second Homes may be purhased for
- Personal Recreation
- Investment
- Family Vacations
- Retirement
- Appreciation Potential
- Tax Strategies
These properties exist in the form of:
- Single Families
- Condominiums
- Resort Property
- Fractional Ownership
- Time Share
- Adult and Senior Community
- In-Town Apartment or Pied A Terre
Ask yourself the following questions as you consider a second home*:
- How far are you willing to travel?
- How much are you willing to spend?
- Why are you buying (investment, recreation, retirement)?
- What amenities are you looking for (water, mountains, golf courses, city nightlight)?
- How often will you use it (weekends, summers, holidays) and with whom (partner, children, grandchildren, friends)?
*Barbara Ballinger, “Ready for Seconds,� REALTOR® Magazine, September 2005.
If you're contemplating a 2nd home purchase, let me help you with the process. From my network of Resort and Second Home Specialists, I'll find a trained and knowledgeable Realtor who can help you achieve your goals and find your property.
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