In order to help you purchase your dream property, whether it is a ski in/ski out condo, cabin in the woods, or special Winter Park ski retreat I have pulled together some items you will want to consider.  Whether you are a first time homebuyer or an investor the buying process has many of the same steps:

a.  Know your limitations: 

   * What do I have to put down on a purchase?
    * How large of a loan do I qualify for?
    * Do I want to refinance my primary and pay cash for my second home?
    * What type of Loan would I prefer?  Short term ARM or Long term 30 year fixed rate?
    *  Should I refinance my primary residence with cash out to buy the second home?

b.  Know your wish list:

    View?
     Proximity to skiing? boating? hiking?
     Seclusion?
     Condominium? Single family home? Land?
     Lot Size?
     Home Size? # of Bedrooms?  # of  Bathrooms?
     Bus Route to Resort?
     Proximity to schools?
     Secluded?
     Horse Property?

c.  How will you be using the property?

    Primary Residence?
     Second Home with no rentals?  With short term rentals?
     Long term rentals? 

d.  Will I be doing a tax deferred exchange? Should I purchase using my retirement accounts? Check out this article: