Vacation Homes- Sure Fire Advice To Consider Before You Buy
Considering a vacation home? Many people found the ability to afford a vacation home in the early part of this century, because theyve amassed a huge amount of equity in their primary residences and the stock market wasnt providing anywhere near the returns they could make when buying investment properties or vacation homes.
Most vacation homes were purchased in close proximity to beaches, camping, or other highly desirable travel destinations such as Florida, Arizona, Texas and California.
European vacation homes became trendy again with an emphasis on Spain, Greece, England, and Italy. While the Asian markets maintain a higher than average price point, there have been some well to do business people who travel to these locals regularly who have made investments made in areas such as Japan, Thailand, and South Korea. Australias Gold Coast has also seen an influx of secondary homebuyers due to its beautiful year round beach weather.
There are many reasons people have chosen to move into secondary homes, not necessarily considered a vacation property simply for the fact of its use. Some...
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