August 2018

Found 2 blog entries for August 2018.

5 Tips for the Vacation Home Selling ProcessOwners of secondary homes may enjoy many pleasant months vacationing in a home away from home, profiting from rental money in popular tourist locations, or otherwise enjoying the benefits of their investment property. But when the time comes to sell a home—whether it's for financial, personal, or time-related reasons—owners of secondary homes may realize that selling their vacation properties has a set of challenges not involved in the sale of a primary residence.

Selling a vacation home has a lot in common with regular home sales, but there are a few differences. This guide shows sellers what they should keep in mind during the selling process.

For informational purposes only. Always consult with a financial advisor before proceeding with

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Mortgage Tips and Facts for a Second HomeA primary mortgage and a secondary mortgage in Canada have a number of distinct differences that home buyers need to understand before consulting with a lender. Because second homes are seen as luxury goods, lenders and government officials can make it more difficult for buyers to get the interest rates they want. To complicate matters further, mortgage options are determined by the type of home a buyer chooses to buy: Type A or Type B.

For informational purposes only. Always consult with a licensed mortgage professional before proceeding with any real estate transaction.

Understanding Type A and Type B Homes

Both Type A and Type B homes need to have running water and be occupied at some point out of the year by the buyer. However, Type A

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