Reasons to Buy Your Lifestyle Home in Truckee, Lake Tahoe California!

People buy things for their use and the pleasure or service received from a product or service -house cleaning, a car, a television, a computer, a hair cut, or their vacation home.

I might tell you from first hand experience that when I show potential homebuyers a home, I don't hear that buyers are typically looking to the day they sell the home or see it primarily as an investment. They are looking at a home for its potential use and family lifestyle they are seeking.

This does not signify the homebuyer should not be prudent with their money. Most people should eventually buy a home, but not everyone and not at every point in their lives are ready for a second home lifestyle.

There are those that argue that a home's future appreciation is extremely important in making a purchasing decision. With this I totally agree. While assisting my buyers to find that perfect vacation home, I will always point out the advantages and/or disadvantages of certain neighborhoods and the potential re-sale situation.

There are those potential buyers who are completely unmoving to do anything in fear of home prices falling. Unfortunately they are missing out on taking advantage of the currently low mortgage rates, and sellers who are willing to negotiate, the opportunity to become a new second lifestyle homeowner, and will continue to dream.

It is sensible to consult with a Realtor who is familiar with the local market.

On the other hand, buyers looking to purchase a home for its income potential and as an investment have a completely different set of objectives. The main concern for purchasers for these types of properties is capitalization rates, incomes, and return on investment. Interestingly enough, many of my buyers are these two objectives in mind. In buying the second home lifestyle for family and friends while also ‘leasing' the home out for part of the term of a year to provide additional income can be the perfect solution for many folks. This can be the best of both worlds for many buyers!