The brutal winter in many parts of the country is causing more people to consider the life of a snowbird – spending a chunk of the year where freezing temperatures and treacherous snowstorms can’t interfere with daily life. “Business is brisk down here right now. A lot of people are looking around,” said Nancy Macaluso, real-estate agent with Portside Properties in Palm Beach Gardens, Fla. People who need to sell a home to help fund their snowbird lifestyle have found selling conditions more favorable, want to act while mortgage rates are still relatively low, and see that prices are starting to rise – causing some to worry that they might lose their chance to buy a vacation home if they wait too long, she said. Before committing to a several-month stint in a warm location every year, and certainly before purchasing a home far away from your primary home, there are things that every would-be snowbird should consider. [Read this article]
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