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Buying a Second Home: Income, Getaway or Retirement

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Buying a Second Home: Income, Getaway or Retirement

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Buying a Second Home: Income, Getaway or Retirement
 
Manufacturer: NOLO
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Product Description

Second-home hunting has never been easier with everything you need to find and buy the right place at the best price!

You don't have to be rich to buy a second home -- but you do need to be smart. Buying a Second Home delivers the goods, showing you how to make the purchase of your second home a success!

You'll learn how to identify an affordable price range, choose a great location, get low-cost financing, minimize taxes and more. Explore topics you won't find in other home-buying books, including:

  • innovative financing strategies
  • how to rent your property profitably
  • how to assess the investment potential of a fixer-upper
  • choosing the right mortgage for you
  • profiting from a second-home sale
  • buying a home in foreclosure

    The CD-ROM includes handy checklists and custom worksheets that help you make sense of the entire process, from buying to ownership.

    The new 2nd edition includes updated market and mortgage information, including the latest criteria you'll need to meet in order to get a loan and how to assess the potential of a recently foreclosed home. Get the step-by-step information you need to be smart about your investment with Buying a Second Home.

  • Product Details

    • ISBN13: 9781413309256
    • Condition: New
    • Notes: BUY WITH CONFIDENCE, Over one million books sold! 98% Positive feedback. Compare our books, prices and service to the competition. 100% Satisfaction Guaranteed

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    Customer Reviews

    Excellent Book
     
    Review Date: May 28, 2009
    Reviewer: P. Barish,
    An excellent guide. The author did a great job providing the right amount of context and orientation alongside the specifics. The checklists and worksheets rounded it out to provide a soup-to-nuts guide on the subject. I wish more authors approached informative material like this.
    Easy to understand information
     
    Review Date: August 14, 2007
    Reviewer: Lisa G. Merritt, Miami, FL USA
    This book delivers the often confusing financial and tax implications of owning investment properties in easy to understand language. Also good to couple with Second Homes for Dummies.
    Buying a Second Home: Income, Getaway or Retirement
     
    Review Date: May 23, 2007
    Reviewer: N. Kacena, Valencia, CA
    Comprehensive treatment of second home subject. Readable, understandable, and broad in scope.
    Extremely Helpful
     
    Review Date: May 3, 2007
    Reviewer: A. Lakacha, Boston, MA
    I found this book to be extremely helpful. The author did a great job at breaking down complex information into easy-to-understand, everyday language. In particular, I found the budget worksheet (which also appears on the CD-ROM in the back of the book) to be great! It walked me through step-by-step how to create a realistic, affordable budget. This book is a must have for anyone thinking about buying a second home.

    Invaluable.
     
    Review Date: April 19, 2007
    Reviewer: Midwest Book Review, Oregon, WI USA
    The purchase of a second home for use as an income property, for vacation getaways, for retirement, is becoming more and more popular and no longer relegated to the upper income wealthy. Indeed, in today's market, two out of every five U.S. homes are purchased as a second residence. Craig Venezia is an authority on private mortgages and brings to bear his considerable experience and expertise in "Buying A Second Home: Income, Getaway Or Retirement", a comprehensive and detailed manual designed for the non-specialist general reader thinking about acquiring a second residence. Of special note are the 'Seven Secrets of Buying a Second Home' covering such fundamental issues as timing the purchase of a second home, budgeting for a second home, the importance of location, understanding tax consequences, nontraditional financing, renting to offset the expenses of purchase and maintenance, and protecting the investment that a second home represents. Accompanied by a CD containing useful checklists and custom worksheets for use when entering the market for a second residence, "Buying A Second Home" is essential, money-saving, investment enhancing, anxiety abating, fundamentally important reading for anyone contemplating the purchase of a second home for themselves that would be compatible with their financial resources and life style plans.

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