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Buying & Selling Homes Search Buying & Selling Homes Buying & Selling HomesThe Second Homeowner's Handbook: A Complete Guide for Vacation, Income, Retirement, And Investment
Atlantic Publishing Company (FL) Search Atlantic Publishing Company (FL) by Jeff Haden Search Jeff Haden
Product Description
According to a study released by the National Association of Realtors, second homes accounted for more than a third of residential real estate transactions in 2004. There is no better time than now to buy that second home you’ve been thinking about for getaways, vacations, investment, or retirement. Low interest rates, tax savings, rising appreciation, and effortless financing make it simple to profit from a second home. Now is the time for that second home, before the prices climb even higher. Recent figures from the National Association of Realtors show an upward trend in the number of second homes purchased for investment purposes. Investing in a second home now will be a great way to increase your net worth when you retire, if done properly. This book explains how to invest profitably in a vacation or future retirement home. Your second home can be for living, to re-sell, or even rent. This comprehensive guide presents proven tactics to make your second home a smooth and profitable transaction. You will learn precisely what to look for in a real estate investment, buying prospects, how to rent the place for up to 14 days and pocket the income tax-free, and how to make your current home groundwork for potential real estate investments, how to find the best opportunities, negotiating, financing, budgets, needs and wants, credit reports, home-buying timeline, the process of building a house, manufactured homes, real estate and mortgage glossaries, setting values, home warranties, homeowners insurance, creative financing, buying with little or no money down, closing, moving plans, walk-throughs, closing and settlement inspections, legal contracts, mortgages, what you can afford, deciding which neighborhood to choose, hiring a realtor, which government agencies can help, considerations for veterans, IRA use, hiring an attorney, the offer, calculating monthly payments, and escrow. This book is a must-have for the investor considering a second home.
Customer Reviews:
Not good for the vacation property renter
We rent our second home as a vacation rental, and I was hoping this book would have more practical information on this topic. Although the book does contain a lot of good information on other topics, it does not contain much anything of use for someone looking for help managing their vacation rental.
The Second Homeowner's Handbook: A Complete Guide for Vacation, Retirement, and Investment by Jeff Haden 
I find that the author has a genuine interest in his Reader's understanding the Real Estate area in general terms as well as provoking them to analyze whether they can afford to invest in property whether vacation, retirement or investment properties.
I felt that the goal of the author was to help Readers make better choices in Real Estate investments from a personal and business perspective. The Second Homeowners Handbook provided step by step guidelines and references on identifying property to invest, choosing the right location, analyzing the market, and goal setting.
While there are many Real Estate investment books on the market, you can not find a book that provide actual details on how to maximize property values by eliminating clutter or steps to improve basic appearance of the property to ultimately generate quick profits. This is a book that you can not resist and is a good buy for those interested in second homeownership.
What to look for, how to rent, how to handle income taxes and financing, and more.
If you're thinking of building a retirement nest egg on real estate, then Jeff Haden's THE SECOND HOMEOWNER'S HANDBOOK: A COMPLETE GUIDE FOR VACATION, RETIREMENT, AND INVESTMENT is for you. Here's a set of keys on how to use a second home to fuel both present vacations and future retirement, whether you've bought for resell, rent, or personal use. Chapters tell what to look for, how to rent, how to handle income taxes and financing, and more.
Diane C. Donovan
California Bookwatch
Valuable information for any homeowner
This book outlines smart financial moves to make even if you are not planning on buying a second home. The tips covered are useful for buying or selling a first home also - items such as how to analyze property or loans, and how to increase the resale value of a home are important in any real estate transaction. For those who are interested in buying a second home, the purchase, financing, and maintenance of residence, rental, and rehab properties is covered in detail. There are clearly written guides which relate the procedures required to hold a second home for monthly income or increase long term wealth.
The writing is well organized and easy to understand, with excellent descriptions and testimonials from those who are already experienced in the business of real estate. An extensive glossary at the end is helpful for readers who are unfamiliar with real estate terms and phrases.
The Second Homeowner's Handbook: A Complete Guide for Vacation, Retirement, and Investment
The Second Homeowner's Handbook: A Complete Guide for Vacation, Retirement, and Investment by Jeff Haden, published by Atlantic Publishing Group, Inc.
Rating: 5 stars out of five.
The Second Homeowner's Handbook is a great resource of 288 pages for the more than 30% of homebuyers who acquire second homes each year. This handbook explains how to invest in a vacation and/or future retirement home. It covers what kinds of homes to purchase, how to rent the home tax-free, and how to negotiate sales and obtain financing. It also covers warranties, insurance, moving plans, walk-throughs, contracts, mortgages, and closings, to name but a few topics. It is a wonderful resource for home buying!
The author of The Second Homeowner's Handbook, Jeff Haden, writes from extensive, personal experience. He states, "Real estate is one of the most stable investments you will find." He is absolutely right and the handbook gives you the knowledge and tools you need to make wise and profitable investments in real estate. I highly recommend The Second Homeowner's Handbook to anyone considering purchasing a home - to live in or invest in!
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