This is especially true in Upstate New York where home prices remain fairly reasonable and generally appreciate in value, even in tough times.
But our winters? They can certainly be challenging for some of us! This means that lots of our neighbors make the decision to spend their winter in a warmer climate by temporarily relocating to Florida, Arizona, South Carolina, and points in between.
One of the skills we’ve perfected over the years is helping our neighbors to own a second home – even if it’s in a different state. We’ve helped them discover that owning a vacation home can often be less expensive than renting AND there are added benefits of tax deductions and property appreciation.
If you’re considering wintering in warmth, there are a few simple steps you can take to prepare to make the move easier:
Sure, a lot of people from our area decide that Florida, Arizona, or South Carolina are the perfect places to winter, but there are so many other places to choose from. If you can’t visit them all in person, a little research can go a long way to narrow down your options.
As Sharon explains in this video, timing is everything when it comes to buying your new winter home. And, if you plan on using your equity to purchase your perfect vacation home, Sharon can provide you a Market Analysis of your current home to give you a ball-park idea of how much you can spend on your vacation home.
We work with some of the best lenders in Rochester, who are all experts at helping our clients get their vacation homes financed – even in other states.