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Buying a Second Home or Vacation Home

Posted by Veronica On January - 14 - 2013

Maine Lake House These days, many home owners are choosing to purchase second homes. The second home that many people choose to purchase these days can be used for many different reasons, but primarily, the majority of people buy second homes to use as their vacation home. A second home is usually a reasonable distance from an individual’s primary home and it is a home that they live in a few months or even a few weeks out of the year. But, in order to be classified as a second home, the home that is purchased cannot be rented out or used as a timeshare. The second home that many people purchase is usually a one-unit property and could be similar to a cottage or bungalow. A second home is actually a great alternative for individuals and families that love to travel but are not interested in constantly getting hotels and other temporary places to stay. A second home affords people the ability to vacation consistently while having the comfort of staying in a place that they can call home.

But, it seems that finding a second home can be quite a challenge. First of all, it is important for people that are interested in buying a second home that the locale is in a place that they want to visit frequently. For instance, if an individual likes to fish, it is beneficial if they bought their second home close to a lake. And, if another individual loves to ski, a second home located in the mountains would be a great fit. Individual’s interests will define where they want to purchase their second home. In order for anyone to find their perfect second home, it is best to check the internet for upcoming sales or ask a trusted realtor. The reality is that purchasing a second home is great for all types of individuals that enjoy vacationing.

About the Author

As a broker specializing in multi-units and single family homes in Southern Maine, Veronica Schneider joined the real estate industry in August of 2004 bringing with her over eight years of experience in real estate management. You can find Veronica and Green Tree Realty on Facebook, Twitter, Google+, Pinterest, and LinkedIn.

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As a Portland Maine real estate agency Green Tree Realty specializes in Residential and Investment real estate for southern Maine buyers, sellers and investors looking in the Androscoggin, Cumberland and York counties residential and investment markets.


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