For many people, their second purchase of real estate will be a vacation investment. Vacation investments may offer a needed retreat as well as appreciation. Vacation investments range from quaint cottages on the beach, a lake cabin in the woods reflecting it's waterfront surroundings to an elegantly furnished penthouse loft overlooking a sparkling city skyline. They can also offer an under appreciated tax benefit. Second home purchases are great investments especially with the historically low financing available to borrowers. According to the National Association of REALTORS, the median distance from first to second home is 185 miles--about a three hour drive.
Contact Tom Haberman for a knowledgeable referral regarding your Vacation Investment! I understand that everyone has different needs and I use this perspective to help my clients accomplish their goals! Experience a New Perspective! Contact me today! If any of your friends or other family members express an interest in investing in a vacation destination...it would be an honor to refer them to a licensed professional!
