Are You Ready To Buy A Vacation Home

Dated: May 3 2014

Views: 7658

The amount of time you will spend in your vacation home depends on your individual and family needs and the investment and rental potential. Some people think they need to go every weekend to justify the expenses, while others are fine just visiting in summer or winter and possibly renting the house to help with the mortgage or taxes. Distance will play a factor for you, driving two hours from New York City to LBI is easy, but from Pittsburgh that can mean nine hours.  We all hope that our grown children and grandkids will visit for multigenerational gatherings, so you’ll want to work on finding the best second-home location to make that practical. Take your time in picking the perfect house and check with your mortgage broker to make sure it is within your budget.

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