Real Estate Facts: Thinking About Buying a Vacation Home?

April 2008
(604 words)

If you’re dreaming of buying a vacation home, this just may be the time, according to [Full name of local board/association].

"The beauty of a vacation home is that it’s a great get-away as well as a good long-term investment," said [Full name and title of local board/association president/spokesperson].

To begin the process of finding just the right vacation home, look where you’ve vacationed before, [Last name] suggests. Or if you are considering a new geographic region, rent a home for a season to make sure it suits you.

"Think about what sort of vacation home you want — perhaps a cabin, a house or a condo. Condos come with homeowners’ associations, which have certain rules and fees, but also offer many benefits that are often attractive for owners who are not always on the premises," [he/she] said.

Once you have a general idea of the area and type of vacation home you want, contact a Realtor® — a licensed professional who is a member of the National Association of Realtors®. You may want to interview several Realtors® before choosing one best suited to your needs. Ask how many vacation home listings they have, how many years they’ve worked in the business and about any particular specialties...

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