Summer is officially here and that means it’s the perfect time to start planning where you want to vacation and unwind this season. If you’re excited about getting away and having some fun in the sun, it might make sense to consider if owning your own vacation home is right for you.
An Ameriprise Financial survey sheds light on why people buy a second, or vacation, home (see below):
And you don’t have to be wealthy to buy a vacation home. Bankrate shares two tips for how to make this dream more achievable for anyone who’s interested:
If the idea of basking in the sun at your very own vacation home sounds appealing, you might want to start looking now. Summer's when everyone's trying to buy their slice of paradise, so it’s best to start early.
Your first move is to team up with a real estate agent. They know all the ins and outs of the area you want to be in, and which homes you should look at. Plus, they can give you the lowdown on everything you need to know about having a second home and how it can benefit you. The same article from Bankrate says:
“Buying real estate in a new area — or even one you’ve vacationed in for many years — requires expert guidance. That makes it a good idea to work with an experienced local lender who specializes in loans for vacation homes and a local real estate professional. Local lenders and Realtors will understand the required rules and specifics for the area you are buying, and a local Realtor will know what properties are available.”
If the idea of owning your own vacation home appeals to you, let’s chat.
Stay up to date on the latest real estate trends.
February 11, 2025
February 4, 2025
January 28, 2025
Winter could be the perfect time to buy a home! With less competition, motivated sellers, and potential savings, this season offers opportunities you don’t want to mis… Read more
January 21, 2025
How Record Equity Levels Can Help You Make Your Next Move
January 14, 2025
Turn Your Big Dreams Into Real Estate With These Expert Tips
January 7, 2025
Stage Your Home For Increased Offers and a Faster Sale
December 31, 2024
December 24, 2024
December 17, 2024
With unparalleled industry knowledge, experience, and local expertise, we're the Southern New Hampshire Real Estate experts you've been looking for. Whether you're buying or selling, we can help you get the best deal. Contact us today to discuss all your real estate needs.