North America’s vacation property resource
North America’s vacation property resource
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…
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Last updated on July 4, 2021 If you’re dreaming of vacations on the lake with the family, owning a cabin or cottage can become a reality with a little planning and saving. A great way to help balance the cost of the investment is to rent out your cabin or cottage. Below are our top…
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Last updated on July 3, 2021 When people think about buying a vacation home in the United States or Canada, they often imagine getaways to Maui, Lake Tahoe, Palm Beach, Whistler, Muskoka Lakes, Mont Tremblant and other vacation hotspots. Typically, people are drawn to vacation properties as places to go to relax. While it is…
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Buying your first vacation home is guaranteed to be both a thrilling and challenging experience. If you have obtained a mortgage on your primary residence, you know you need significant documentation and paperwork for these types of transactions. Buying your first vacation home is similar, albeit with some differences, no matter if you are using…
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Last updated on June 4, 2021 Selling a cabin or cottage has its own unique set of challenges, not to mention the emotional aspect of selling. You probably have many feelings associated with the place. Perhaps you used to go there on weekends but now you can’t. Or, maybe it was your summer home that…
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Last updated on July 21, 2021 There’s a big difference between vacation home freeloaders and friends or family members who ask to stay for a couple of days. A freeloader is characterized by their lack of care for you or what you have going on in your life. Unlike a friendly houseguest, freeloaders often only…
Read MoreOwning a home is a keystone of wealth… both financial affluence and emotional security.