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Nesgroup address: misc.invest.real-estate - Date & Time for the message: Wed, 19 Oct 2005 07:12:45 -0500
/ Author of the message: "John A. Weeks III" |
Title of the message: |
Re: Second home
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Text of the message: |
In article <dj41hm$e4o$1@reader2.panix.com>, bolt thrower <tucansam@whodis.org> wrote: > We've been in our current home (our first) for two years now. I am just > wondering how to get the ball rolling on a second house. Will the loans > be different? Are there special things we need to do or take care of? > Will it be "OK" from the standpoint of loans, taxes, etc, for me to live > half of a work week at one place and the other half at another? We're not > sure how to go about figuring if we can get a second home. Your first step is to go to the bank and get pre-qualified. That will pretty much answer all your questions. A 2nd home is going to be a little harder to qualify for, and the rates will be a little higher. That is par for the course since it is not your primary home. Given that rent is such a good deal right now, and you don't have to pay closing costs to get in and out of a rental, |
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Estaplace.com is one the Ceglia Giovanni projects, started on 20 July 2005, and online since 20 August as a real estate platform for listings, mainly operating on the Italian and American/English market in the Internet, Estaplace would like to become the point of referiment for home sellers and home buyers, a site where private owners or real estate agencies can have the possibility to show their offers to the world. Estaplace.com is only one of the Giovanni Ceglia's sites. Everyday Giovanni Ceglia works to improve new Internet tools and services for online marketing and business. Estaplace.com will become the biggest portal for real estate business and investments online.