Buying a Second Home: Income, Getaway or Retirement (Paperback)

by Craig Venezia (Author)
Key Phrases: uneducated seller, private home loan, vacation renters, Aunt Grace, New York, Security Instrument (more...)

Editorial Reviews

Review
"Buying a Second Home visually guides you through the process of finding and purchasing a second home while providing great examples and real-life situations. I will definitely add a copy of this well-written book to my reference library!" -- Mallory Anderson, executive director,National Association of Home Inspectors, Inc.

"This book is an essential guide for anyone who's thinking about buying a second home. The advantages, challenges and pitfalls of second-home ownership are clearly explained and the book details purchase strategies that every potential buyer should consider." -- Liz Pulliam Weston,personal finance columnist,author of Your Credit Score

"A must-read for anyone dreaming of owning second home." -- David Hehman, CEO,EscapeHomes.com

"If you have ever thought about buying a second home -- whether as an investment, a vacation retreat or for eventual retirement -- this book is a must." -- Bill Burnett, real estate editor,San Francisco Chronicle

"This book is a helpful tool for those looking to understand the process of purchasing a second home. It's a must read for anyone looking to buy for investment, vacation or future retirement." -- Lori Collins,senior vice president and general manager,LendingTree

Review
"If you have ever thought about buying a second home -- whether as an investment, a vacation retreat or for eventual retirement -- this book is a must." --This text refers to the Paperback edition.

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Product Details

• Paperback: 384 pages
• Publisher: NOLO (March 2, 2007)
• Language: English
• ISBN-10: 1413305563
• ISBN-13: 978-1413305562
• Product Dimensions: 9 x 6.8 x 0.9 inches
• Shipping Weight: 1.3 pounds (View shipping rates and policies)
• Average Customer Review: 4.3 out of 5 stars See all reviews (6 customer reviews)
• Amazon.com Sales Rank: #620,388 in Books (See Bestsellers in Books)

Customer Reviews

Most Helpful Customer Reviews

2 of 2 people found the following review helpful:

4.0 out of 5 stars Buying a Second Home: Income, Getaway or Retirement, May 22, 2007

By	N. Kacena (Valencia, CA) - See all my reviews (REAL NAME)

Comprehensive treatment of second home subject. Readable, understandable, and broad in scope.

2 of 2 people found the following review helpful:

5.0 out of 5 stars Extremely Helpful, May 3, 2007

By	A. Lakacha (Boston, MA) - See all my reviews (REAL NAME)

I found this book to be extremely helpful. The author did a great job at breaking down complex information into easy-to-understand, everyday language. In particular, I found the budget worksheet (which also appears on the CD-ROM in the back of the book) to be great! It walked me through step-by-step how to create a realistic, affordable budget. This book is a must have for anyone thinking about buying a second home.

4 of 5 people found the following review helpful:

5.0 out of 5 stars Invaluable., April 19, 2007

By	Midwest Book Review (Oregon, WI USA) - See all my reviews

The purchase of a second home for use as an income property, for vacation getaways, for retirement, is becoming more and more popular and no longer relegated to the upper income wealthy. Indeed, in today's market, two out of every five U.S. homes are purchased as a second residence. Craig Venezia is an authority on private mortgages and brings to bear his considerable experience and expertise in "Buying A Second Home: Income, Getaway Or Retirement", a comprehensive and detailed manual designed for the non-specialist general reader thinking about acquiring a second residence. Of special note are the 'Seven Secrets of Buying a Second Home' covering such fundamental issues as timing the purchase of a second home, budgeting for a second home, the importance of location, understanding tax consequences, nontraditional financing, renting to offset the expenses of purchase and maintenance, and protecting the investment that a second home represents. Accompanied by a CD containing useful checklists and custom worksheets for use when entering the market for a second residence, "Buying A Second Home" is essential, money-saving, investment enhancing, anxiety abating, fundamentally important reading for anyone contemplating the purchase of a second home for themselves that would be compatible with their financial resources and life style plans.