• Is It a Second Home or an Investment?

    22 days ago - By RIS Media

    The following information is provided by the Center for REALTOR® Development .
    Is every second home an investment? The distinction between a second home purchased as a vacation retreat or as an investment can sometimes blur, and intended uses overlap. About a quarter of vacation-home buyers expect to rent their properties and close to a third view the purchase as a good investment opportunity. On the flip side, a similar number of investors intend to use their investment properties as a vacation retreat for family.
    In addition to overlapping intentions, buyers' uses of properties may...
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