If I am buying a second home as a weekend getaway, what should I consider?
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If I am buying a second home as a weekend getaway, what should I consider?
John Caliendo (Realtor) gives expert video advice on: What are the common reasons for buying a second home?; If I am buying a second home as a rental, what factors should I consider?; If I am buying a second home as a weekend getaway, what should I consider? and more...
If you are buying a second home as a weekend getaway, obviously you may be retiring there, so it might be an area that you already have a working knowledge of, already aware of others, whether it be friends, neighbors, or associates who have purchased in that area and know if it has been a worthwhile purchase. Otherwise, you would want to look for the same sorts of things you look for in a primary residence. You want to make sure it's a good area, good schools, good services, good market values and good trends of valuation.