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 ...
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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 ...
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