Choosing a Second Home has Never Been Easier
Choosing the right second home for your family is a challenging
proposition. There are even more variables than purchasing a
primary home. The first step is understanding your "type
options"... a traditional cottage, condo or one of the many new
alternatives, like condo hotel, fractional, private residence
clubs or timeshares. All of these options can be perfect choices
depending on your needs.
The next challenge is to choose "where" you would like to own.
Sometimes the answer has multiple locations, and this too is a
reason many second home buyers are seeking condo hotel,
fractional and timeshare. With these options a buyer can own
multiple homes at a lower cost.
The question of affordability is an important consideration, if
you are stretching to afford the payments, what kind of
"vacation home" creates financial stress? With an effective
plan, a second home can be an income producing investment versus
a pure expense of your lifestyle.
There are many reasons to buy a second home, but searching your
options can be made easier with some websites that are filled
with advice and choices: www.vacation-finance.com/2ndhome which
offers an online survey or www.2ndhome.net which is the hub of
the second home world and www.condohotels.com which has a wealth
of new second home choices.