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The Complete Guide to Second Homes for Vacations, Retirement, and Investment
ISBN: 978-0-471-34967-9
Paperback
288 pages
November 1999
US $19.95 Add to Cart

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  • Description
  • Table of Contents
  • Author Information
The Complete Guide to Second Homes for Vacations, Retirement, and Investment

Choosing the perfect location

Finding the right home

Forecasting investment potential

How to save thousands on financing

Here’s the knowledge you need to find, buy, and get the most fun and profit from your second home

If you’ve been thinking about buying a second home for getaways, vacations, investment, or retirement, now is the time to do it. You’ll gain from low interest rates, easier financing, large tax savings, and strong potential for appreciation. Smart buyers are getting into the market now, before aging boomers push prices even higher.

But what’s the best way to afford a second home? How much should you pay? What are the tax benefits? How can you be sure you’re getting good value for your money? What kinds of financing are possible? How can you negotiate the best deals and bargain prices?

Nationally renowned real estate expert Dr. Gary Eldred provides complete answers to these and all your other questions concerning the purchase of a second home. In a simple and clear style, he fills you in on everything you need to know to:

  • Develop a strategy to increase affordability
  • Research the market to find your best location
  • Choose a home that will quickly appreciate
  • Make the most of current tax-saving techniques
  • Select the right homeowner’s insurance
  • Rent to minimize risk and maximize profit
  • Create value through home improvements
  • Vacation free worldwide through home exchanges