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Kathy Mendham-Meathrel
Realty Executives Elite Ltd
7-515 Wellington Rd South
London, Ontario, N6C 4R3
Office: (519) 649-6900
Cell: (519) 854-1974
Vacation home investments | Print |

What do you think of a vacation home as an investment?

You can buy a vacation home today for investment purposes as well as enjoyment.

Some people buy a vacation home to use as a permanent retirement home later, which allows them to get ahead on their payments.

Some real estate experts predict that vacation homes will appreciate in value due to rising demand from the aging Baby Boom generation.

You also need to consider whether you can afford to carry two mortgages, pay for the extra utilities and maintenance costs, and how this investment fits into your total personal finance picture.

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