Owning a second house, especially a beach house is a good idea. Aside from its a good investment to have, it would likewise serve as a getaway place for your family during holidays and summer time. In the United States, there are many areas wherein you may invest a second house near the beach. And with such investment, a responsibility of maintaining its overall look and functionality would likewise be in your hand. In the following article of Phirin Ha, it highlighted some practical ways on how to keep a beach house:
How to: Clean & maintain your beach house
But after a long day at the beach, many of us simply lug our surfboards and sand-ridden clothing into the house which can damage the furniture, floors and even the interior over time.
Salt & sand
Salt can slowly eat away at floors, furniture, paint, steel and the interior of your home. According to Radim Brokes, Director of Bondi cleaning service Neighbours Cleaning, many homeowners make the seemingly harmless mistake of leaving windows and doors open. Read full article...
In line with the idea of owning a second property or home, it would be better to check on how may own one. In the current economic status, not all may afford on having a second house. There are many other priorities and necessities to address. And in the following article by Michele Lerner, she highlighted some ways on how you may have a second house:
How To Afford A Second Home
The summer vacation season brings joy to many people, but for some, the longing for a year-round second home brings a touch of melancholy. If you are one of those people who would love to own a place for weekend getaways and long lazy vacations in every season, the first consideration should be how to pay for that luxury.
Option 3: Conventional Loan
Conventional loans for vacation homes are an option, but be prepared to make a larger down payment, pay a higher interest rate and meet tighter guidelines than you would for a mortgage on your principal residence. More...
In thinking about buying a second home or vacation house, you should think twice before actualizing the idea. Check whether you can pay the necessary payments and other dues to come. A second home is not a necessity in itself, so better make the right choice.
