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.
How to Buy a Beach House: Setting the Stage Whether you’re buying a beach house as a primary residence or a second home, you will need to take into account the unique characteristics of such properties before buying. The same is true whether you are buying a beach house in Tofino, British Columbia or Corpus…
Read More
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…
Read More
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…
Read More
Before welcoming guests to your vacation home, whether family members, friends or paying customers, it’s important to establish vacation home rules. By doing so, you will ensure that your vacation home is treated with respect and that guests have a safe and enjoyable stay. Included in this article are template house rules for vacation homes…
Read More
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…
Read More
Last updated on June 22, 2021 If you are considering how far away a vacation home should be, two things may come to mind: (1) practical considerations and (2) relevant mortgage rules in the United States and Canada. In this article, we explore these two items in greater detail to help better inform your purchasing…
Read MoreOwning a home is a keystone of wealth… both financial affluence and emotional security.