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Second home sales

Lawmakers Eye That Home Mortgage Deduction To Balance Budget

By Candy Evans | December 1, 2010 | 4 Comments

The Presidential, bi-partisian committee scrutinizing ways to cut our huge budget deficit brought on by the housing market collapse, Wall Street firms going under, and the biggest government bail out in the history of the world, may end the U.S. home mortgage  deduction. It could certainly end the mortgage interest deduction of second home properties. […]

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Get a New Job, Get an (Unplanned) Second Home

By Candy Evans | November 26, 2010 | 2 Comments

Kind of like an unplanned pregnancy, more folks these days are ending up with  two or more homes on their real estate hands, making a lot more of us second (or multiple!) home owners. Real estate market conditions have practically stranded homeowners in their homes, which is not the end of the world if you […]

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How To Swing a Second Home Purchase in Today’s Market

By Candy Evans | November 4, 2010 | 4 Comments

Vacation homes are no longer just for the rich. Second home buyers are a lot younger than you might expect, and they are not all affluent. Where do they want to have second homes? The beach, like Florida,  which is no longer God’s waiting room but foreclosure central; Arizona, where it’s arid and there are […]

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You Can Never Be Too Thin, Too Rich or Have Too Many Homes

By Candy Evans | October 7, 2010 | 4 Comments

Think I’m joking, eh? Actually, this is probably the best time in the history of housing to buy a second home. The number of vacation home purchases rose slightly in 2009, and even then they were up one percent from 2008, according to the National Association of Realtors’ 2010 Investment and Second Home Buyer’s Survey. […]

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