Purchasing a second home is an exciting step, but it involves unique considerations that differ from buying a primary residence. Whether you’re looking for a vacation home, an investment property, or a potential future retirement spot, understanding the financial, legal, and practical aspects of second-home ownership is crucial. In this article, we’ll explore the most important factors to consider when buying a second home, ensuring that you’re well-prepared for this significant investment. 1. Purpose of the Second House: Vacation, Investment, or Retirement? The first and most important question to ask yourself is: What is the purpose of this second home? […]