Wouldn’t it be great to own a place at the beach, in the mountains, or by the lake? If you are seriously considering buying a vacation home, you have probably weighed many of the pros and cons already.
But you should carefully consider everything before you buy. Have you taken these additional costs and benefits into account?
The Overlooked Costs of Homeownership
As any experienced home buyer knows, there are additional annual costs that come with owning a home, such as property taxes, home insurance, and any association fees.
Make sure you consider maintena...