Is proximity to water important? As a rule, the closer you are to desirable attractions of a given area, the more you're going to pay for that convenience.
Interview several local real estate agents before selecting one. Ask how many vacation home listings they have, how many years they've worked in the
business, and whether they have a particular specialty. Make sure you're comfortable trusting the person you choose with your search.
View various homes in different settings. Get a sense of how location, size of the homes and other factors affect price differences.
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Vacations limited during Olympics for UK spies
James Bond might have to cancel that Caribbean vacation: British officials say time off for some who work at the MI5 and MI6 security agencies will be restricted during the London Olympics.
Patriots are "Going to Aruba?"
The Caribbean nation of Aruba has offered the New England Patriots free vacations after their loss in Super Bowl 46.
Orlando. If skiing is not really your thing and you are looking to get away from the snow for a few weeks then travel to Florida, one of the most frequented states in the US by vacationers each year. Walt Disney World offers discounted rates during specific periods of the winter months, considered the theme park's off-season. Not only will the parks and restaurants be less crowded than during summer or a school vacation week, but you will be able to enjoy the beautiful Florida weather during your stay.
Consider ongoing maintenance. How will you keep the house up if you're not there all the time, particularly if it's subject to a wide variety of weather conditions?
Factor in the cost of hiring a local individual or service to look after the property in your absence.
Review How to Buy a House for the rest of the house-buying process.
Check with the HOA, if there is one, for any restrictions on renting out your property. You may be limited in the amount of time the property can be occupied by someone else.
Look out for Uncle Sam, who gets into the act too: If you make a vacation home available for rent for more than 14 days in a year, the IRS categorizes it as an
income property rather than a residence. You'll be paying taxes on the net rental income after expenses, which could bump you into the next tax bracket.
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Many people when traveling stay in hotels and never give a thought to staying in a vacation home, town home, or condo. I used to work in the vacation area near Disney World in Orlando for a Vacation Rental company and have seen nothing but positive feed back to staying in a vacation home instead of a hotel.
Let’s way the differences to see if staying in a home instead of a hotel is something you may be interested in next time you travel.
Hotels are great for a one or two night trip were you don’t spend a lot of time in your room. You have maid service, room services, and concierge at your fingertips. The downside to a hotel room is that they are usually small and stuffy. They have little closet space, parking a mile from your room, they are very noisy, and many are smoke filled.
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