Buying a Vacation Home

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Buying a Vacation Home

There are many things that need to be considered when purchasing a vacation home, from where to purchase and how much to spend to homeowners insurance and financing. The resources in this lens should get you started on the road to vacation home ownership.

Where to Buy 

Choosing Your Vacation Home Location

Choosing a location is probably the first step on the way to vacation home ownership. Use these articles to help you make that choice.

Where to Buy - This list is from 2004, but is still a good place to get started.

10 Best Places to Buy a Vacation Home - This is AOL's list of the best vacation home locations.

Buying that Dream Home on the Ocean: Americans Increasingly Drawn to the Canadian Maritimes - Some great information about second homes in the Canadian Maritimes.

10 Little Known Super Affordable Vacation Home Destinations Part 1 and Part 2 - Some great lesser-known vacation home locations across the U.S. that are more affordable than many traditional second home locations.

Great Stuff on Amazon 

Financing & Insuring Your Second Home 

Lots of Options

Second home financing can sometimes be more restrictive and have more demanding requirements than financing for primary residences. Specialized finance companies exist, such as Vacation Finance.

Second home insurance can be more expensive than for a primary residence, so be sure to shop around for the best rate.

Second Home Mortgages - from the 2ndhome Blog

Six Things Not to Do When Financing Your Second Home - Some great pointers on what not to do when you're preparing to finance your second home.

Financing Your Second Home - More tips from the 2ndhome Blog about financing your second home.

Insuring Second Homes - Some basic information on insuring your second home.

Homeowners Insurance Considerations When Purchasing a Second Home - More basics on second home insurance.

Buying Tips & Advice 

Here are some general tips and second home buying advice.

How to Buy a Vacation Home - from eHow. A very basic step-by-step guide.

Buying a Second Home - from About.com. Another basic how to article.

Be Aware of the Power of the Homeowner's Association - Make sure you understand homeowner's association regulations BEFORE you buy!

Buyer Brokerage Services Explained - Should you use a buyer broker?

Have You Found Your Dream Second Home but it's Not For Sale? - Tips on buying your dream home

Buying a Vacation Home? Don't Go For the Lowest Possible Price - An interesting article about why lower prices can hurt you in the long run.

How to Buy a Property at Auction - Tips for buying at auction.

by 2ndhomeassociation

2ndhome Association publishes two leading digital magazines for the vacation home and investment property market. 2ndhome® Journal is our consumer mag... (more)
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