Does a second home make sense?

May 6, 2016, 6:10 PM | Updated: 6:10 pm

BY TOM KELLY

Former MyNorthwest.com Content Contributor

The sun is out and people have begun to focus on second homes.

What are the benefits of buying a vacation home?

Does it make sense to buy now in a place you see spending your leisure years? What are the costs, how do you finance such a purchase and will the property appreciate?

Join host Tom Kelly and Jim Donahoe, a veteran second home specialist, as they discuss second homes and attractive getaway on “Real Estate Today” at 9 a.m. Sunday on 97.3 KIRO-FM.

Call 1-888-973-5476 (KIRO) with questions, comments or concerns or listen online at KIROradio.com or Mynorthwest.com and send a message to participate.

Real Estate News

Kipp Robertson

Home prices around Seattle may be directly linked with transit

Trying to find a home for what passes as a reasonable price in King County is proving to be more and more difficult.

8 years ago

Tom Kelly

Living longer: How to handle the mortgage

Increased life expectancy brings many unavoidable consequences and concerns as the risk of running out of money in our lifetime has increased dramatically.

8 years ago

Tom Kelly

How to build, buy and finance a ‘tiny’ home

Everybody knows conventional homes are expensive, especially in the Puget Sound region. Are tiny homes a realistic alternative?

8 years ago

No Author

Can you throw good money after bad in a hot market?

What does it mean to throw good money after bad in real estate? What about the idea “get in the door at any cost” now while you can?

8 years ago

Tom Kelly

The effect of crime – and celebrity – on home values

Is there ever an uptick in value following a celebrity crime? Suicide? Who typically buys a "stigmatized" home and how does crime affect home values?

8 years ago

Kipp Robertson

Seattle is getting more interest from foreign investors

Figures from a Chinese website shows property buying inquires from foreign investors shot up in August compared to August 2015. Meanwhile, inquiries in Vancouver, B.C. dropped 81 percent in August.

8 years ago