Why buy a second home?

5 Good Reasons to own a second home  

INVESTMENT

The real estate market has always been cyclical. Property values tend to fluctuate. However, over the long term, property is an asset class that has a history of
delivering solid returns year after year. After all, land is a finite substance! It is even scarcer in coastal areas.

REDUCED TAXES
A second home does not have to sit unoccupied while you are away. If you rent your property for no more than two weeks during the year you can keep the revenue
tax free! The mortgage, interest and property taxes you pay for the property are completely deductible from your gross income!  Here are some more tips on tax benefits for owning a second home.

RENTAL INCOME
You can elect to rent out your property more extensively while you are away. This is a great way to help cover the costs of ownership. Renting the property out to
other vacationers makes it possible for many of our clients to be able to purchase their “dream life” home. Generally, the more expensive the home, the higher the
rents you can expect. In the section below on taxes you will also see the tax and financial benefits you can achieve when renting your second home.

TRADITIONS
A second home is the beginning of a legacy for your family. There is something to be said for the familiar comforts of a “home away from home.” When you return to
the same location, year after year, you have the opportunity to establish long-term friendships with area neighbors and your family has the chance to catch up with
each other’s lives in a relaxed, enjoyable atmosphere. You also have the option to pass it on, so that future generations can enjoy
an inheritance of great memories and take advantage of the opportunity to pass down family traditions.

RETIREMENT
You worked hard to get where you are – now is the time to enjoy it. When you buy a second home, you gain the advantage of owning and enjoying property in a
prime location even before you retire! And if you decide to make your second home your new primary home, the transition will be seamless. Many of our clients are
buying their dream home now in order to secure their future residence.

Testimonials

What Dreamlife Clients are Saying

Dana & FreddieBaywatch Resort

Tom was simply amazing, and is unsurpassed in meeting the needs of his clients'. He was focused on our needs and the efficacy of our budget. Tom was genuine, helpful and did not try to sell us what he wanted to sell, he helped us find what we wanted in our vacation home. His patience and excellent ...

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Linda BouvetteSea Cabin

I enjoyed working with Deborah – she made the process very simple and easy.

Brenda Jones

Jeana was amazing. She was a jewel! She listened to what I was looking for in a vacation home and located many amazing properties for me to view. She never rushed or pressured me. She made me feel like a special client even though I am sure my price point was low end. Also, ...

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Betty ReynoldsGolf Glen Villas

By all means,if you want a carefree experience in purchasing a home, please note, Tom McLane makes this process a very pleasant and exciting adventure. All our needs were met. Always available for any of my questions or concerns. I can't say enough great things about Tom. I was totally new in this area and he ...

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Sheila NealTilghman Beach & Racket

Deborah is a jewel. She has been very helpful throughout the whole process, from the time I started looking until after I purchased a condo which was almost two years. She never treated me as just making a sale.

Stacy BaumgardnerBarefoot Resort, North Myrtle Beach

I was very fortunate to find Wendy Howard as my realtor. She went above and beyond to help me find what I was looking for. She was very sensitive to my needs and was very easy to talk to. Wendy always returned phone calls very quickly and I never felt line I was putting her out. ...

Laurel NiemanDeefield LInks

We absolutely loved Donna. She was friendly, efficient, and very knowledgeable. She helped us both with our search and all the closing issues which were completely foreign to us!  She was a pleasure to work with

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Debra ShawGolf Colony

Our agent Deborah did an exceptional job for us. She made the whole process easy and fast!

Mike Perna

Jeana was very responsive to our needs/questions. She gave great attention to customer service.

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Ted Nadolny

Jeanna was quick to research and respond to our questions,was very thoughtful of our requirements when showing us properties so that we didn't waste time seeing properties we wouldn't want and she made us feel like family. She is a hard working, competent professional.

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Barb & StanParkview Subdivision

Donna made our Dream come true finding the perfect place for my wife and I to spend time and possibly retire too. She worked incredibly hard to make this happen even when we tasked her with multiple requests. Our family couldn't be any happier right now. Thank You for your hard work and dedication, Donna!

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BIll NeedhamAberdeen Buck Creek - Golf Course

I enjoyed working with Deborah Rhyne. She kept me up to date on our deal and has guided us in the right direction for goods and services in the area.

Carol RechMargate Tower, Kingston Plantation

We are so happy to be new homeowners in MB and many thanks to Ben for helping us live our DreamLife! He was very professional, prepared, knowledgeable and efficient.

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Dennis ConnellyThe Havens at Barefoot Resort

Wendy was excellent with her constant effort to stay in touch and find a property to fit our needs

Lisa StewartOcean Forest Villas

We had the greatest experience working with Deborah Rhyne purchasing our vacation condo. She was very knowledgeable about the property we purchased and their HOA. She gave us bank, insurance, attorney and home inspector references. She also referred someone we could get furniture from since our condo was purchased unfurnished. This experience was far better than when ...

Randy HoodSea Watch Plantation, Myrtle Beach

Tanya was always available for questions and obtained documentation on any and all issues that we had. Also she was very helpful during the closing by making sure that both myself and the seller were on the the same page. This was a complicating sale and Tanya made it seem simple. I will continue to ...

Dave Pisarchik

I can’t say enough nice things about Dreamlife Realty,” Dave says. “They really listened to me and I felt like they cared about finding me a property that fit the needs and wants I had. The whole process was great.

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Nancy TimmermanWaterway Landing

I enjoyed working with Deborah Rhyne very much. I felt she was honest with me and I really trusted her. She really seemed to understand my wants and needs. When the time comes that I need a real estate agent, I will certainly call her.

Vincent FerraraWaterway Landing

Trying to find a capable agent wasn't as easy as it might seem. Deborah always returned emais or calls and had the information i was looking for. and if she didn't have it, she got it. once again, i was very pleased with her professionalism.

Richard Hedrick

Jeana was extremely helpful every step of the way from the offer to the closing. Jeana was the perfect agent for me. She was very helpful and accommodating to my questions and concerns. Did a wonderful job when I failed to line up a home inspection and was able to help facilitate it with ...

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