Second Shelters Blog
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Dallas Designer Extraordinaire Dan Nelson Shares His Second Home in New York City with One Chipper Chick

Dan Nelson is a Dallas-based designer and president and owner of Vision Design, which he joined in 1991, was named President of in 1992, and then just bought the place outright in 2003. His roster of New York City and Dallas clients is a “who’s who” : The Crescent, The Mansion, Manhattan’s 21 Club, and some tony local clients, too, like Pat and Charles McEvoy (Pat is never NOT on the Best Dressed list thingee and and chairs almost every charity in town); Becky and Mike Casey, among others. Dan shared his second home with us, which he just returned from: 10 Park Avenue in New York City. “It was hotter there than it was here,” he tells me. I know — New York is a blast in the summer but it can be way hotter than Dallas with all that humidity. The pied a terre is about the size of a hotel room, and most of the furniture was created by Dan’s talented wife, Chipper. The artwork above the console is a Henri Cartier Bresson photograph. Home away from Dallas home is in a pre-war building (more desireable in NYC, they have more character) in the Murray Hill area and is about 450 Sq. ft. So small, in fact, it’s known as a “studio”.

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How To Finance Your Second Home: Avoid the Sticky Financing Wickets

There has never been a better time to buy a second home. I am even watching my spending these days, eyeing fractional ownership if it has all the right locations. We are having a guest post soon from a fractional ownership expert to explain the do’s and don’ts. The problem is not buying, as we know, it’s getting financing. We recently re-financed our lot in the Hill Country at Walnut Springs, no thanks to Wells Fargo  and were told to basically forget it. No one wants to finance land without a house on it because there is nothing to sell should you default. And when it comes to raw, open land in the country, things are a lot trickier.

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How About a Pool Lined With 24-Carat Gold? For $125 Million, Miami’s Most famous Residence, the Versace Mansion, Can Be Yours!

Our Miami correspondent, Andrea Kavanagh, is back and house-hunting for us! Calling all billionaire art aficionados and free-spending, globe-trotting investors! Miami is all a buzz over Ocean Drive’s most infamous residence to hit the sizzling hot real estate market at a whopping $125 million. Casa Casuarina, also known as the Versace mansion, is an iconic oasis – a piece of art and a piece of history sitting in the middle of South Beach. Located at 1116 Ocean Drive, the mansion is also notorious as the former home of Italian designer Gianni Versace who was shot to death at the front gate in 1997. Grisly as that was, it remains one of the most popular tourist sites in Miami.

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El Corazon de Santa Fe Under Fairmont Management: Santa Fe Vacation Home Ownership In the $100,000′s

Faithful readers may recall when I wrote about a beautiful fractional ownership property in the heart, and I do mean the heart, of Santa Fe called El Corazon de Santa Fe. It was fabulous then, and it is even more fabulous now!

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Happy Fourth of July to All Second and Vacation Home Lovers!

Happy Fourth of July, 2012. We live the American Dream of real estate here in Texas more than anywhere. Maybe it’s because we learned our lesson back in the 1980′s — R.I.P. Danny Faulkner. Not only did we learn, we RETAINED. When I was in Denver at the National Association of Real Estate Editors Conference last month, Mark Fleming, the dashing economist for CoreLogic, told me over drinks that what saved our butts this time around was our state set limits on HELOCs, or home improvement loans. In Texas, we are limited on what we can borrow against our homesteads. That is what kept many of us from over-borrowing, so when the market fell we were not left with underwater loans*. I walked into our bank yesterday, Comerica, which I LOVE — who else sends you a thank-you note when you pay off a loan? But more than three people asked if they could offer me a home-improvement loan in the course of one hour. You know me, I’d buy a second home in a heartbeat! Our laws in Texas saved us, said Mark, in spite of ourselves. Continue reading

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Did Sean Payton and His Wife of Almost 20 Years Just File for Divorce? Dallas Real Estate News

Ross Perot Jr. Vail house

Vail: Vacation Home to the Perot Family, Stays Safe from Colorado Calamities

You are looking at the beautiful vacation homes of Ross Perot, Jr. And Sr., right next to each other! (Ross Jr.’s is to the right of this picture, Ross Perot Sr. to the left.) They are nested right next to the famous ski area, located across from The Four Seasons Residence Club in beautiful Vail, Colorado. Continue reading

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Florida Second Home Real Estate Overview: Inventory is Shrinking In The Sunshine State, Too

I’m off to NAREE, where for three and a half days all we do is talk about real estate. I’m moderating the panel on vacation homes featuring four of the nation’s top experts: Peter Kempf, president and CEO of Kempf International and an expert on the fractional market; Alex Iskenderian, Senior VP/COO Vail Resorts Development Company; Tom Anderson, Executive VP/Chief Real Estate Development Officer, Wyndham Worldwide; and Peter Zalewski, Principal Condo Vultures® LLC. I have a whole host of questions outlined, and Peter Z. was kind enough to send me this update on the Florida market:

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Cinnamon Shore’s Town Growth Goes Gourmet, Takes on Hollywood

Perhaps you have procrastinated, like I have a tendency to do. Maybe you haven’t decided where to take the family for a fun-filled vacation, and it’s mid June. May I suggest Cinnamon Shore, Mustang Island’s seaside village, located in Port Aransas on Texas’s Coastal Bend? It’s not that far from Big D and offers a whole schedule of summer events planned to make vacationing in paradise even sweeter. Plus who knows: you might like it so much you decide to buy a second home there. Continue reading

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Celina ranch

What Dad Needs for Father’s Day: Love & Longhorns in Celina, Texas

This ranch sure caught my eye back in January, when I almost whipped out my checkbook to buy it for Valentine’s Day. Now it’s Father’s Day and thankfully, still on the market. Truth be told, the photos on line simply do not do it justice. This is ranch country, baby, Celina. (The town of Celina, here, is adorable, by the way.) Continue reading

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