Anybody Ready for Seconds?...
...consider how to best use your money!
Have you ever considered owning your own little getaway or vacation home? If so, you’re not alone – especially in these days of low interest rates and refinancing frenzy. Now may be the time to take your extra savings and invest in a second home, particularly if you’ve been unimpressed by the stock market’s performance over the last couple of years.
Real estate, now and always, is an attractive investment. Nearly 40% of those recently surveyed by the National Association of REALTORS® said that the stock market slump was the main reason they were considering the purchase of a second property.
More people than ever are making their vacation and travel plans closer to home. There are obvious advantages to owning a cabin or beach side getaway – you always have an available and easy retreat.
Have a child going off to college? Why not consider purchasing an appreciating rental property in their college town to provide funds for their education? Let a real estate professional help you explore this overlooked investment that could continue to pay off long after your student has graduated.
If you’re a homeowner with a good history of on-time mortgage payments, chances are you’ll easily qualify for additional financing in today’s market. Consider how to best put your money to work for you and all the advantages a second home can offer.