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A second home can also act as a buy-and-hold investment — real estate does tend to appreciate in value over time — and be a valuable asset to pass on to heirs.
Buying a second home is a lot like buying your first property. If you’re not purchasing with cash, you’ll need to get preapproved for a loan and work with a real estate agent with experience ...
Purchasing a vacation home or secondary residence often seems like a dream come true. But before getting carried away in fantasyland, prudent buyers must do the legwork. Doing so helps ensure your...
“The strategy of buying the second place will relate closely to your conversation with the lender.” Be aware of what has changed with your own finances since your last purchase.
According to the National Association of Home Builders, "the total count of second homes was 7.15 million in 2020, accounting for 5.11% of the total housing stock." To some people, even a first ...
Here are some crucial pros and cons to consider before you purchase the second home of your dreams.
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