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June 2005

Buy, sell, or rent vacation property at EscapeHomes.com

June 29, 2005
Hello,

Welcome to our monthly newsletter created specifically to help you find your perfect vacation, investment, or retirement property. Inside you will find tips on finding and financing your second home, details on high quality resorts and vacation destinations worldwide, and information on pre-screened real estate specialists.


IN THIS ISSUE

  • 10 Great Second Home Destinations for Artists


  • Discover: The beautiful mountain town of Highlands, North Carolina


  • Featured Property: Amazing waterfront condo in Sarasota, Florida


  • What to consider before buying property with friends or family


  • Getting ready to sell your home? What you should know about Listing Contracts


  • Investing in a vacation home; Step 1 - Define your objectives


  • 10 Great Second Home Destinations to For Artists
    *Listed in alphabetical order



    Discover: Highlands, North Carolina
    Highlands is a unique mountain village that has served as a respite for tourists and second homeowners looking for natural beauty, splendor and upscale amenities in a resort setting. Located on a plateau measuring 5 miles long and 3 miles wide, the town at 4,118 feet, it is one of the highest incorporated communities east of the Mississippi River.

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    Featured Property: Waterfront condo in Sarasota, Florida
    Location, location, location! This well-maintained, 2-bedroom condo is right on the Bay and has fantastic water views. It's the perfect home for you and your family or it could be a great rental property. Spacious layout with high ceilings, walk-in closets, several built-ins and is currently part of an excellent rental program with on-site manager. A loft can even be built for a 3rd bedroom. This unit has tons of great rental income potential. Hurry, this one won't last long!

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    What you should think about before buying property with friends or family
    Given the high prices of second homes in the most desirable locations, it's often tempting to find a way to do it with others. The economics are always better when you consider people pooling their resources for the down payment, the mortgage and the other incidentals. Is it a smooth road? Well, it can be, with some proper preparation. Here are some things to think about.

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    Getting ready to sell your home? What you should know about Listing Contracts
    Now that you've chosen a real estate professional to sell your home, you'll need to work together to complete a listing agreement. This legally binding contract authorizes a broker and his or her real estate professionals to find a buyer for your home, according to the conditions specified in the contract.

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    Investing in a vacation home; Step 1 - Define your objectives
    In his new book, 'Taking Advantage of the Vacation Home Boom', David Lereah suggests people first define their goals. "Write them on a sheet or two of paper. You should be able to categorize your objectives in one of two ways: Are you buying a second home for personal reasons or for financial reasons? If you are considering buying a second home for personal reasons (to have a getaway in a beautiful setting), ask yourself the following questions."

    Read more...

    Thank You
    Finally, thank you for being a loyal EscapeHomes user. We will continue to provide you with valuable tools and information to help make your dream of owning a second home a reality.

    Warm Regards, Amanda Sturges
    Editor
    EscapeHomes.com
    The Smart Source For Second Homes
    (800) 937-9090
    (415) 252-9500
    Amanda@EscapeHomes.com
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