Caveat Emptor for Vacation Home Buyers

The Latin adage, caveat emptor, which translates ‘let the buyer beware’ is exemplified by a recent article from the Inman News Service. It chronicles the tale of second home buyers who were sadly surprised when arriving for their first winter stay at a remote mountain cottage, that the fireplace insert they had assumed stayed with […]

Virgin Money USA Takes Wing

Look, up in the air, it’s a bird, it’s a plane, no it’s Richard Branson, piloting his new start-up, Virgin Money USA. In his new venture, daredevil adventurer, businessman, and philanthropist Branson has taken the plunge into the U.S. real estate market. For anyone who has followed Branson’s storied career, it should come as no […]

Flipping Homes is Not Such a Bad Thing

House flipping has been getting a lot of attention in the media lately, and most of it is definitely not kind. Many investors who took out multiple loans to purchase properties intending to flip them, ended up getting stuck when the market started to stall. Many of the properties purchased by these investors are now […]

Second Home Gyms

With more and more baby boomers swelling the ranks of retirees in the U.S., health-related home amenities are on the rise. Many of the newly retired boomers plan very active retirements and are choosing to live in communities that offer a wide variety of recreational activities. In many cases, they are outfitting their homes and […]

Tax Breaks from Second Homes

If you own or are buying a second home, you should be aware that, as written, current tax laws encourage second home ownership by allowing deductions for mortgage interest, property taxes and other expenses on vacation homes. The Washington Post offers a detailed look at how buying and owning second homes can result in tax […]

Green Design May Help Your Home Sell

Green homes are hot right now, and even if your home wasn’t built green, there are plenty of things you can do now that will make it more eco-friendly and help it appeal more to buyers. Using natural window treatments and décor items in your staging helps a lot, especially if the window treatments are […]

Are Condos the Better Choice as Second Homes?

A recent Zogby International poll conducted for the Foundation for Community Association Research concludes that there is high satisfaction among owners of condos and town homes. The survey indicates that 7 out of 10 owners of condominium units or town houses are pleased with their purchase. This form of ownership is particularly popular for second […]

What You Can Get for $1 Million to $1.35 Million

Village of Tiki, Texas: $1,349,000 4 Bedrooms, 5.5 Bathrooms, .74 Acres Incline Village, Nevada: $1,349,000 4 Bedrooms, 3 Bathrooms, .45 Acres Sarasota, Florida: $1,300,000 3 Bedrooms, 4 Bathrooms, 5470 Square Feet, 10 Acres, Waterfront Block Island, Rhode Island: $1,300,000 5 Bedrooms, 2 Bathrooms, 3.2 Acres Hilton Head Island, South Carolina: $1,295,000 3 Bedrooms, 3 Bathrooms, […]