North America’s vacation property resource
North America’s vacation property resource
Welcome to our resource page on vacation home rules for buyers, sellers and owners of vacation properties in the United States and Canada.
Explore articles covering various topics related to vacation home rules, laws and regulations including down payment requirements, lending rules, distance requirements and house rules for guests. In particular, topics include: What is the Interest Rate on a Vacation Home, How to Manage a Family Vacation Home, Down Payment for a Vacation Home: Guidelines for Buyers in the United States and Canada, How Far Away Should a Vacation Home Be, How Much Vacation Home Can I Afford, Are Mortgage Rates Higher for Vacation Homes and others. Be sure to check back often as new topics are added.
Buying a vacation property or “second home” that will be your primary residence is a great way to get comfortable with your new home before moving in full-time. Whether you will be using the property on weekends or as a seasonal residence, you will be able to familiarize yourself with your new home while you…
Read More
Last updated: October 30, 2021 Can You Live on Recreational Land If you own recreational land or are thinking about purchasing it, you may be asking yourself: Can you live on recreational property? Can you live year-round on recreational property? How long can you live on recreational land? The answer is that it depends. Most…
Read More
Introduction to Buying a Second Home As a real estate investor and owner of a vacation rental property, I’ve dealt with numerous ownership questions first-hand. I’ve also read various resources over the years in order to supplement my own experiences. Yet, there are many different resources out there on various topics, from the true costs…
Read More
If you currently own a second home in the United States or Canada and are considering changing your ‘second home’ to an ‘investment property,’ you have several factors to consider. Generating rental income from your property can be a great way to earn more income, but there are mortgage, tax and insurance implications, among others,…
Read More
Owning lakefront property can be a dream come true for many Americans and Canadians. Like any investment, there are pros and cons to owning a second home, especially one right on the water. Understanding the pros and cons of lakefront property can help you decide if it’s right for you. Before you buy a lakefront…
Read More
Hosting guests should be a fun experience and what better way to start things off than by introducing funny house rules for guests. Letting your sense of humor come through in your house rules will only add to the guest experience and allow you to have fun with your hosting duties. With this in mind,…
Read MoreOwning a home is a keystone of wealth… both financial affluence and emotional security.