Online Resources for Vacation Home Mortgages and Sales

A recent article in the Calgary Herald points out the many online resources for vacation home mortgages and property listings.

It is an excellent summary of the tools available online. Some highlights of the article include cottagemania.ca, all about the cottage lifestyle. There’s information about vacation home rentals at holidayhomes.ca, and advice about checking sites specific to each province, like Relocation B.C. Of course they also include a reference to MLS, the positively addictive multiple listings service created by the Canadian Real Estate Association.

Using these online resources can help you in your search for a vacation home before you ever get an agent involved. Of course, before you start searching you should ensure you know the ins and outs of vacation home mortgages, since they do differ significantly from the mortgage you obtained for your primary home. The CMHC Website provides a good introduction for you to review before you consult with your mortgage broker or financial professional about your cottage purchase.