Financing a Second Home
This is great news — I am a big fan of 3rd Home, and an even bigger fan now to hear who all is joining the vacation home party: Tucker’s Point Club in Bermuda, The Deer Valley Club and– Costa Baja in La Paz, Mexico, one of my favorite Cabo area getaways. In fact, I…
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There has never been a better time to buy a second home. I am even watching my spending these days, eyeing fractional ownership if it has all the right locations. We are having a guest post soon from a fractional ownership expert to explain the do’s and don’ts. The problem is not buying, as we know,…
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Those of us in real estate know that when the housing market plummets, vacation places plummet the most. Second homes are most often discretionary purchases you wait on until you feel flush with cash. Well, get ready. Realtors say second-home buyers are returning to the store, shopping from Cape Cod to Lake Tahoe. As I…
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Former Texas Ranger Rafael Palmeiro Selling Second Home in Pebble Beach, CA to Cover Bankruptcy Debt
The Texas Rangers are going to be world champs for the second year in a row, I feel it in my bones! But Rafael Palmeiro, the Rangers former slugger turned real estate developer, might be wishing he could get back into the game and out of real estate. Palmeiro is now asking creditors in his…
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Cinnamon Shore This may be a great time to BUY a second home, but are banks, who make it hard enough to finance your primary residence, cooperating? The answer is yes, if you have good credit and a hefty down payment. But I have heard so many conflicting stories on the nuances of getting a second home…
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