North America’s vacation property resource
North America’s vacation property resource
Welcome to our resource page for a first time home buyer of a vacation home. Buying your first vacation home can be overwhelming and we here at Vacation Property Online aim to make the process as smooth as possible. Perhaps you’re questioning whether to purchase a vacation home in the first place or whether vacation homes make good investments. Or perhaps you have more specific questions about lending requirements. Whatever the case, you’ve come to the right place.
Explore articles covering various topics for first time buyers. Topics include: how much vacation home can I afford, what is recreational property, what is the best vacation property type to buy, are mortgage rates higher for vacation homes, an overview of vacation home expenses, purchasing a vacation home as an investment and others. Whether you are in the market for a condo by the beach or a ski chalet close to the slopes, we have the answers to your questions.
If you’ve always dreamt of owning a vacation home in the United States or Canada, now is a great time to consider it. With interest rates down and values continually rising, it’s a great way to invest your money and have the luxury of owning a second home. You have more options than most people…
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If you’re looking to buy a vacation home, the most important factor many people will consider is the vacation home mortgage rate. Just like a mortgage on your primary residence, no one wants to pay more interest than necessary. But mortgage rates are typically higher for vacation homes for one good reason – risk. Lenders…
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If you’ve always dreamt of having a home away from home, you may consider a family vacation home. A place where you and the family can get away at any time and still have the comforts of home is a dream come true for many families. Before you jump in headfirst, though, there are some…
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Last updated on June 20, 2021 Owning a weekend home is an attractive proposition for many. Having the ability to leave at a moments notice to the country to enjoy some much deserved rest and relaxation may be reason enough. Or perhaps its the prospect of hosting friends and family at a place to call…
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Whether you have managed to save up a significant down payment or you are just starting to save, you may be wondering what the typical down payment for a vacation home is. After all, it can take substantial time and fiscal discipline to save up enough to purchase a second home. In this article, we…
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There are many reasons to buy a vacation home and every individual will have their own personal circumstances to consider. For some, a vacation home may represent a place to build memories with friends and family. Yet to others it may simply round out a diversified investment portfolio. Despite these differences, there are several common…
Read MoreOwning a home is a keystone of wealth… both financial affluence and emotional security.