Items Tagged with 'second homes'

ARTICLES

  • Who buys a vacation home?

    Buyers may be younger and less affluent than you think
    You might think people who buy vacation homes are older, high-net-worth individuals, but a recent survey from Vacasa proves this is not necessarily the case. In fact, a number of older Millennials and young Gen Xers are looking to buy vacations homes, drawn to their investment potential, with one quarter of prospective buyers in their 20s and 30s.
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  • Top 5 best cities to buy a vacation home

    Where to spend your summers without breaking the bank
    As summer sets in, many are anxiously awaiting their summer vacations, or even considering buying their own vacation home. ATTOM Data Solutions compared the nation’s top vacation rental markets and gives a list of the top markets to buy a second home without breaking the bank.
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  • Private jumbo underwriting remains tricky business

    It's difficult for borrowers looking to fund a second-home purchase to find a lender willing to lend to them -- especially if the mortgage is considered a jumbo loan, above current conforming lending limits. Per the WSJ, lenders aren't willing to let borrowers blur lines between vacation homes and investment properties.
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