Want to Buy a Vacation Home? Read This First

It’s often fun to fantasize about buying a vacation home.

Where I live now in the desert, my thoughts sometimes turn to owning beachfront property. When I lived in upstate New York, with its cold, snowy winters, I found myself dreaming about snapping up a little vacation spot in the tropics.

I never took the plunge into actually purchasing, but many baby boomers have — or are seriously considering it.

Today’s guest post, by Jim McKinley, offers some sound advice on what to do and think about before you sign on the dotted line. (And by the way, I’ve been told I make an excellent house guest.)

By Jim McKinley

The current housing market means that now is as good a time as ever to purchase a vacation home — preferably providing both a getaway and a good investment.

But that doesn’t mean you shouldn’t do your homework before… Continue reading →