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A second home can also act as a buy-and-hold investment — real estate does tend to appreciate in value over time — and be a valuable asset to pass on to heirs.
Buying a second home is a lot like buying your first property. If you’re not purchasing with cash, you’ll need to get preapproved for a loan and work with a real estate agent with experience ...
“When you’re buying for the second time, you’ve already gone through the process,” Opyd says. “You’re not a blank-canvas, first-time buyer who has no idea what they’re looking for.
Here are 15 things you must do before buying your second home. Check Out: Housing Market 2024: Zillow Predicts 5 Hottest Home Trends That Homebuyers Will Be Looking For
According to the National Association of Home Builders, "the total count of second homes was 7.15 million in 2020, accounting for 5.11% of the total housing stock." To some people, even a first ...
Here are some crucial pros and cons to consider before you purchase the second home of your dreams.
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