Owning a Second Home
Like many people today, you might want to buy a getaway
place not too far from home, a place where you can relax
and recharge with family and friends. Depending on your
circumstances, you might want a second home for work as
well as play.
If a second home is something you've been considering,
get the information you need. It’s important to
make an informed decision.
What are the best second-home locations?
How can I determine my return on investment?
I’m interested in resort property.
Should I buy resort property now?
What's my next step?
What are the best second-home locations?
Typically, the best locations are no more than 2-3 hours
away from major metropolitan areas by car or plane.
Many second-home locations are exclusive and discourage
overdevelopment, such as Hilton Head, SC, and East Hampton,
NY. Other locations, such as Florida, encourage second
homes.
How can I determine my return on investment?
No one can predict the future. However, there are things
you can consider to help ensure a second home works for
you.
You'll enjoy it more if you use it frequently.
Be sure you can get to it quickly for spur-of-the-moment
getaways.
Consider your interests.
Choose a place you'll enjoy playing in today and retiring
in tomorrow.
Trust your knowledge about your local area.
You're likely to make a better investment when it's closer
to home.
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I’m interested in resort property.
Today, thanks to technology, a resort property can be
more than just a vacation destination you visit once or
twice a year. It can be a second home where you live and
work part-time throughout the year. It's a home you'll
spend even more time enjoying later in your retirement.
And until then your resort property is a tangible symbol
of your career achievement and financial success—and
one you can share with those you care about.
The best resort areas are the ones that fit your lifestyle
preferences. Begin your resort property search by determining
where you most want to be and what you most enjoy doing.
Do you prefer warm weather and water sports? Or does your
idea of fun involve snow-covered slopes? Perhaps golf
is your passion. Or camping. Maybe your ideal location
has a thriving performing arts community.
Whatever your choices, The Prudential Resort Properties
Network® has real estate professionals in just about
every area throughout North America. This will enable
you to consider specific communities and/or destination
resort areas. And you'll be able to consider and compare
properties in "parallel" markets if you choose
Should I buy resort property now?
It's never too soon to pursue your dreams. Today the
appreciation in many resort areas can be better than
in major metropolitan areas. So this can be a perfect
time to seriously consider investing in a resort property—one
you can enjoy now and for many years to come.
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Buying A
Home
Everything
you need to know when buying a home - from choosing
a real estate professional to home inspections and
mortgages.
Selling
a Home
Maximize your property's exposure and appeal to
attract a wide range of prospective buyers.
Moving
Resources
Decided to make a move? Our checklist and tips can
make your move easier. |
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