A vacation home is a place to relax and enjoy. Over three-quarters of all investment and vacation homes are single-family homes. Today’s rising new trend is to have a vacation home across the country or even internationally as opposed to the traditional trend to have a vacation home within a two-hour drive from your primary home. Here are some good reasons to buy a vacation or investment home: Some of the reasons for the new trends are.
• Affordable Travel – including Air travel nationally and internationally
• Communications such as the Internet, laptops and cell phones keep you connected to work or home
• Local weather or local climate may not be what you are looking for when you vacation. Some Second-Home Owners statistics are:
• Three-quarters are married couples and less than half of those primary residences are located in suburban areas
• Second-home buyers select their real estate agent more carefully then first home buyers by about 20%
• Fewer second-home buyers use the Internet for their second-home by almost 10%.
Why a second-home? ° A place for relaxation and enjoy themselves
° Second-home purchases are mainly looking for
° Gaining property appreciation potential
° Rental Income
° Tax savings
° Diversifying investments.
Location, activities, cost and insurance availability also figure into the consideration for purchasing a second-home.
If your second-home is a vacation home it allows you to go to a familiar place that is away from your daily lives. Income or investment properties are acquired with the anticipation of rental income or the second home appreciating over time for financial gain.  For Telluride and Mountain View real estate market updates and information click here
Selling Your Home >House Odors
What is "H.O."? You can probably guess--it means "house odors".
Be careful of odors in your home. If your family room smells stuffy and stale, or if your cat or dog has left a distinctive odor in the hallway, take action by eliminating the source of the odor rather than merely treating the effects.
Smells have a powerful effect on the way people react to a house, and no amount of room freshener or vanilla on the light bulbs can mask a serious odor problem. In fact, such remedies may draw attention to the problem. Real estate agents have seen homes with an odor problem languish unsold on the market for months or sell for significantly less than comparable homes in the neighborhood.
If you think that you may have a problem, talk candidly with your real estate agent. Your agent should be able to offer some constructive suggestions, and perhaps refer you to a professional who can help banish H.O. from your home!
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At the doors of what famous temple do you find yourself when you climb the 'Stairway to Heaven'?
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The Temple of Heaven in Beijing, China, attracts the local faithful and tourists. |
 See More Real Estate Trivia > |
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Betty Cutler Favier
Peaks Real Estate Sothebys International
136 Country Club Drive
Telluride, CO 81435
Phone 1: 800-737-9621
Fax: 970.692.8427
bcf@TellurideRealEstateOnline.com
Betty has 24 years of experience helping people buy and sell their homes. Listening to her clients, ongoing education in industry standards and trends, and a high level of confidentiality and professionalism have built a real estate business of long term relationships and referrals.  
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