North America’s vacation property resource
North America’s vacation property resource
Explore articles covering various frequently asked questions related to purchasing, selling and owning a vacation home. For instance, is a vacation home considered investment property? Are mortgage rates higher for vacation homes? How much vacation home can I afford? Maybe you have even wondered what recreational property is? Find answers to these frequently asked questions and others.
Last updated on August 22, 2021 Vacation Home vs Investment Property: General Distinctions Generally speaking, a vacation home is used for recreational purposes on a part-time basis by the owner. An investment property, on the other hand, is purchased with the intention of earning a return on investment, which can be in the form of…
Read MoreOwning a home is a keystone of wealth… both financial affluence and emotional security.