Mike Heath

Realtor

Gaylord

700 W. Main Street

Gaylord, MI49735

Sharon (Wit) Witucki › Jerry Delling › Blog › Vacation Property

Main: 989-732-6777 Office: 989-619-0400
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Need to know when purchasing a vacation condo @ a resort and/or hotel.

The WSJ published a report on the soft market for "condo hotels", vacation homes located within a hotel-like setting where property owners either use or rent-out their condo. This is having a big impact on buyers who are purchasing vacation property at resorts when it comes to lining-up their financing.  What's important to understand is that "Condtels" or "condo hotels" do not conform to Fannie ...
Posted by Mike Heath @ 6:41 PM on 04/05/2008
Tags: Financing Golf Property Resort Property Vacation Property
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