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Mortgage Professor about vacation home: 
What Is a "Primary" Residence?
January 8, 2001, revised May 6, 2004 "I understand that lenders penalize you if the house you buy is not your primary residence. My wife's job provides us with an apartment. We want to buy a home to live in on weekends and when we retire. If we will be living in the ... more...

What Mortgage Market Niche Are You In?
October 19, 2002 "I recently found what appeared to be the best deal on a 30-year fixed-rate mortgage from ads in the newspaper, but when I told the loan officer exactly what I needed, the price rose and the amount I could ... more...

vacation home related definitions

Vacation Home
Vacation Home Vacation 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. Vacation Home As Investment When market is ... more...

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...

More about vacation home

Get Free vacation home Quotes and Estimates

Get instant on-line mortgage rate quote and closing cost estimate. Only put your loan numbers. No contact info required. Compare offers from top mortgage lenders... more...

Your Life Just OK? It Doesn't Have To Be That Way! Live the Life You Really Want To Live!
I have some questions for you. Are you ready? How would your rate your life on a scale from one to ten; 10 being fantastic and 1 being the worst it could possibly be? Are you happy with the most important aspects of your life? And note that I didnt say are you content or are you satisfied. I ... more...

FHA Mortgage Loans - The Benefits of an FHA Mortgage
The Federal Housing Administration (FHA) insures mortgages to allow low to moderate income families to purchase their own home. With government backing, families can buy a home at a lower initial cost. However, there are limitations with this program.Mortgage Insurance Section 203(b)The FHA ... more...

Senior Dating, Senior Centers, and Senior Citizen Services
Are you an active senior adult looking for interesting and fun things to spice up your retirement living? There are many resources available to guide you. If you are a widowed or single older adult, there are several ways for you to meet potential partners with senior matchmaking. There are ... more...

Hard Money Lenders -- "No Money Down" The Easy Way
Would it help you as a real estate investor to be able to "Close For Cash in Days," even if you're tapped out financially?Hard money lenders are perhaps the best way to get 100% financing with easy qualifying, money for fix- up, and fast closings.So what can hard money lenders do for you? Hard ... more...

Bad Credit 2nd Mortgage - Should You Get a Second Mortgage?
A second mortgage is a loan taken out against a home's equity. These loans are very attractive for several reasons. The process is relatively quick, and the easiest way to acquire money for home improvement, debt consolidation, etc. Homeowners with bad credit may take advantage of second mortgages ... more...

Build Your Decor Around the Furniture You Love
When it comes to home decorating, it's difficult to know where to begin. Like an artist with a blank canvas, you look at the room you've chosen to decorate and try to envision the finished masterpiece. However, with a plethora of home decorating styles from which to choose, that vision can be fuzzy ... more...

Looking for Harvey Weinstein - The Book and the Business
Two Immigrants Live The American DreamSome may call it a purpose driven life yet the only thing religious about life for two middle aged British resident aliens living in Los Angeles is they rise at 5am and are usually asleep by nine.They rack up about a hundred hours between them in their average ... more...

How To Tap In To Your Home Equity
With today's relatively low interest rates and climbing property values, many consumers are considering taping into their home equity to finance everything from home improvement projects to debt consolidation.Secured home loans, also called home equity loans, are loans backed by the borrower's ... more...

What To Do in Pigeon Forge, TN
Pigeon Forge is one of the biggest tourist destinations in the southeastern United States. It is home to a number of fun and thrilling attractions for the whole family. There are so many different attractions that it is nearly impossible for visitors to be bored.Country singer Dolly Partons theme ... more...

Wake Up Baby Boomers Theres Still Time
Over 90% of all retired Americans will be forced to live on less than $12,000 a year!Yes, I have to admit it. I am an aging Baby Boomer! Our first grandchild was born last year. Does it make me feel older? Not necessarily. Its all a matter of outlook and attitude to life.O.K. Physically Im ... more...

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