Monday, October 22, 2018
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Randi F. Rainmaker
CLHMS, GRI, ABR, CCIM, ePro, EcoBroker
Gooder Group
2724 Dorr Ave, Ste 103
Fairfax, Virginia 22031

Office: 703-698-7750
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Real Estate Tip Of The Week
For the Week of October 21, 2018...

How About That Second Home You’ve Been Wanting?

Now that tax reform has cleared the second-home roadway of tax inhibitions, you may find this an ideal time to buy a second property. Mortgage rates are continuing to make all kinds of home buying affordable.

The keys to buying a second home hardly differ from those applied to the purchase of your primary home: House
  • Consider why you want to buy a second home. For frequent visits to a retreat that's close to home? As a gathering place for family and friends? As a rent-free escape from everyday life? As the ultimate retirement haven?
  • Evaluate the potential use of your second home. Will you be renting it out part of the time? If so, check out tax consequences, local zoning regulations and rental-management availability. Perhaps a condominium will best suit your needs.
  • Choose a second home as carefully as your first, for location, construction, energy efficiency, and all the other things that make for a smart purchase.
  • Examine your financing options. Will you go it alone in a purchase? Will you team up with friends or relatives to split your expenses and vacation times?
We’ll be glad to help you explore the possibilities of fulfilling your second-home dreams. Please call or e-mail us.
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SEARCH Quick Checklist For Finding The Perfect Home
MOVE UP 4 Smart Strategies For Purchasing Your Next Home
SETTLEMENT Secrets To An Easy Contract Closing
LOCATION The Most Important Questions Every Buyer Should Ask
FIRST TIME How To Buy The Most Home For Your Money
NEGOTIATE How To Buy The Home You Love At The Price You Want
HEALTHY HOMES The Top 10 House Maladies To Avoid
PLAY SMART Savvy Tips On Buying A Vacation Home
TIRE KICKING Secret Tests To Check A Property’s Condition
INVEST YOUR RENT Why Pay Your Landlord’s Mortgage
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