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7 questions to ask yourself before buying a second home

Second homes aren't just for the 1%.

"Anyone in any income bracket can afford a second home if they set themselves up to do it," luxury real estate expert Shane Herbert of Park City, Utah tells Business Insider. "In Park City, we sell $80,000 condos and $20 million homes. The media is so focused on the 1% and what they can do in the world, but there are so many opportunities for everyone."

If you have the money, what next? Below, find seven questions to ask yourself as you hunt for your second home.

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