Summer is here and it might be a good time to consider buying a vacation home. Here are some tips to help you decide if this is the right move for you.
Are You Ready For A Second Mortgage?-
If your primary residence is paid for, it’s not such an issue. If that’s not the case, ask yourself if you can afford to pay for two mortgages simultaneously. How will a second mortgage impact the rest of your financial life? Do you have an emergency fund socked away in case of a job loss ... read more