Sentences with phrase «vacation home buyers pay»

Not exact matches

Most home buyers who buy a vacation home will have to pay a second mortgage and meet higher credit standards since they are more likely to take on larger amounts of debt.

All - cash purchases have become prevalent in the second - home market in recent years: 59 percent of investment buyers paid cash in 2010, as did 36 percent of vacation - home buyers.

All - cash purchases have become fairly common in the investment - and vacation - home market during recent years: 49 percent of investment buyers paid cash in 2011, as did 42 percent of vacation - home buyers.

All - cash purchases remained fairly common in the investment - and vacation - home market: 46 percent of investment buyers paid cash in 2013, as did 38 percent of vacation - home buyers.

In 2011 almost half (49 %) of all investment buyers paid cash while 42 percent of vacation home buyers did the same.

Investment and vacation - home buyers have been paying higher down payments than those buying a primary residence.

• In 2011, 42 percent of vacation - home buyers paid in cash, and 39 percent purchased distressed properties.