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Mortgage Professor about investments in second homes in palm springs: 
Debt Consolidation With a Second Mortgage
November 6, 1999, Revised February 20, 2004, Revised November 30, 2004 "I have a bad credit card habit, with 7 cards and $30,000 in balances, at rates ranging from 10% to 19%. I have been offered a $35,000 second mortgage at ... more...

Debt Consolidation With a Cash-Out Refinance
August 21, 2000 ?I need $50,000 to refinance credit card debt.  Is it better to refinance my existing mortgage (with a balance about $140,000) into a new $190,000 mortgage, or should I borrow the extra $50,000 with a home ... more...

investments in second homes in palm springs related definitions

Second Home, Vacation Home
Second Home Second home is a seasonally occupied property that is not the primary residence of the owner. Such residences are usually found in areas with substantial opportunities for recreation or tourist activity. Second Home As Investment However, when market is ... more...

Second Mortgage, Home Equity Loan
Second Mortgage, Home Equity Loan A secured loan (mortgage) that is subordinate to another loan against the same property. More specifically, the second loan in sequence. Generally, second mortgage hass a higher interest rate and with shorter terms than a ... more...

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Wellington Florida Real Estate
Wellington Florida Real Estate Wellington, Florida, is located in Palm Beach County, 8 miles SW of West Palm Beach, Florida and 266 miles S of Jacksonville, Florida. Wellington has a population of 38,216. Wellington Homes Wellington properties pool is 12,891 residential properties ... more...

The Benefits of Fractional Ownership in Private Residence Clubs
A New Way to Own a Vacation Home - For the Select Few: Fractional ownership of vacation homes, also called private residence clubs, is a relatively new concept that allows you to enjoy four to 12 weeks of home ownership privileges per year at an upscale, luxury resort but at a fraction of the cost ... more...

Who Wants to End Up in a Nursing Home? NO ONE!
As a long-term care consultant for seniors and their families I have visited many different types of facilities. But my favorite type of facility to visit is adult family homes.There are over 2200 adult family homes in Washington State. Adult family homes have many things in common, but are each ... more...

Get Rich With Mobile Homes
Does the myth that mobile homes depreciate in value keep you from investing in them? Well, they do lose value in a park, on a rented lot. Mobile homes with real estate, however, are an entirely different investment.My mobile home doubled in value in the twelve years I lived in it. The home ... more...

Jupiter Florida Real Estate
Jupiter Florida Real Estate Jupiter, Florida, is located in Palm Beach County, 13 miles N of West Palm Beach, Florida and 249 miles S of Jacksonville, Florida. Jupiter has a population of 39,328. Jupiter Homes Jupiter properties pool is 16,943 residential properties including Jupiter new ... more...

Pahokee Florida Real Estate
Pahokee Florida Real Estate Pahokee, Florida, is located in Palm Beach County, 34 miles W of West Palm Beach, Florida and 247 miles S of Jacksonville, Florida. Pahokee has a population of 5,985. Pahokee Homes Pahokee properties pool is 1,689 residential properties including Pahokee new ... more...

Real Estate Stories that Show You How!
Lets begin easing you out of the pits. I mean, comfort zone! Im going to slowly and methodically give you as many little sparks and insights to the relatively simple ways that ordinary people use real estate to achieve extraordinary results.Stories are the best spark plugs. They let you casually ... more...

Should You Buy Hud Homes?
Buy HUD homes are sometimes the cheapest option available for a common man to own a house. The fact that teachers and police officers could buy HUD homes at 50% off the market value attracts more potential buyers.Before starting off hunting around to buy HUD homes, let us see what actually a HUD ... more...

Tequesta Florida Real Estate
Tequesta Florida Real Estate Tequesta, Florida, is located in Palm Beach County, 15 miles N of West Palm Beach, Florida and 248 miles S of Jacksonville, Florida. Tequesta has a population of 5,273. Tequesta Homes Tequesta properties pool is 2,356 residential properties including Tequesta ... more...

Why Buy Mobile Homes?
You can buy mobile homes for much less than stick-built houses in most areas of the country. Despite the common predjudice against them, mobile homes are the cheap housing choice of millions. While the advantages are not always obvious, they are real.One of the advantages is fast equity buiding. ... more...

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