North America’s vacation property resource
North America’s vacation property resource
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 no shortage of options when considering the best heating system for your vacation home. For instance, should you choose a traditional central heating system or an alternative system given the unique requirements of your vacation property? What about the heat source itself? Is natural gas the best option or electricity? As you can…
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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…
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Are you curious as to how to build a vacation home? Rather than buy an existing property, you may wish to build your own vacation home. By doing so, you can build to your own personal specifications without inheriting the unique design quirks from the previous owner. For older homes, you also do not have…
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What to Know Before Buying a Vacation Home Buying a vacation home represents a big decision and requires thoughtful preparation and planning. After all, a substantial amount of time and resources will be required to complete the purchase and ultimately maintain the property. Further complicating things is the fact that purchasing a vacation or recreational…
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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.