8 Tips On Buying A Vacation Home

 

  1. Many speculators are out of the market, so the playing field is a bit more stable.
  2. Home prices have dropped slightly.
  3. Sure, you must be financially comfortable to buy a vacation home—but you don't have to be wealthy.
  4. No need to put off your purchase until you're older. People are buying vacation homes at younger ages than ever.
  5. Remember that real estate is almost always a good investment.
  6. Don't feel that you have to buy close to home. The NAR survey found that the typical vacation home buyer purchased a property that was a median of 215 miles from his or her primary residence.
  7. Don't assume you have to dig deep and buy in pricey primary vacation markets.
  8. If you don't want to rent out your vacation home, you're in good company.

Via classbrain.com

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