Jennifer Rosenbach - Realtor

Happy Derby Day!

The "most exciting two minutes in sports" is here. Whether you're in it for the thrill of the race, the extravagant hats, or picking a horse based on its name, Derby Day always delivers.

Don your fanciest hat, pick a horse, and enjoy the festivities!

Already have property but thinking about a vacation home this season? The financing and rules can look similar to a primary residence at first glance, but there are key differences that can affect your budget and approvals.

🏠Vacation homes require a larger down payment and may come with stricter lending requirements than a primary residence. They are also treated differently than investment properties for loan and tax purposes.

🏠That said, owning a vacation home does not automatically mean you cannot rent it out. To be considered a vacation property, you may need to meet certain recreational-use thresholds. If the home is in a homeowners association (HOA) or condominium owners association (COA), you will also want to confirm that rentals are permitted before purchasing.

If a vacation home is on your spring wish list, contact our office! We would be happy to lend our expertise to your property search.