Start by considering these six aspects of second homes:
- Location: How close do you want to be from your primary residence?
- Cost: What is your income and comfort level for spending?
- Space: What is your desired home type, size and configuration?
- Household: How many people are you trying to accommodate?
- Usage: How much time can you really spend at your second home?
- Pets: Do you have a four-legged companion joining you?
- Short-term weekly, monthly or seasonal rentals: Home-sharing through rental platforms such as Airbnb and VRBO have been very popular. But these vacation home rentals can come at a steep price, especially during peak seasons, because property owners ask premium rents.
- Timeshares: These “right-to-use” purchases can work for buyers who have identified a vacation spot in a resort community they want to return to regularly. But the expense of buying into a hotel or condo timeshare can be daunting, annual fees can be high, and use restrictions can be a turnoff.
- DIY co-ownership: This is where family members or friends own property together, often as a result of an inheritance. This arrangement can be a cost-effective way to share ownership of a property, but if not set up and managed correctly, it can lead to legal or personal disputes.
- An innovative Smart Stay™ system that is easy to use, equitable for owners based on the number of shares owned, and reflective of real-time home availability.
- Freedom from management hassles, care and upkeep of the property. It’s completely handled. Your home is cleaned and sanitized to our high standards, ready for you and your loved ones.
- A seasoned and technologically advanced leadership team, which gives owners peace of mind and confidence in their purchase decision.
- Pups welcome!