An interesting article popped up on the Wall Street Journal last month which addressed a question that some retirees who are searching for Delaware homes for sale have about mortgages. A concerned retiree asked if it was still possible for him to get a mortgage for a second home in order to avoid tying up [...]
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The National Association of Realtors recently listed 2010 as the best year on record to buy a retirement or a vacation home, and predicts 2011 to be the third most affordable year since 1970. Vacation and retirement home sales are on the rise nationwide according to the NAR, and will most likely be a trend that [...]
Filed under: Retirement Living, Vacation Properties by admin
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It is the dream of many to retire under the sun along a sandy beach in a charming ocean-side town. One of the best places to retire to the beach may actually be one of the least known: Delaware. Considered one of the country’s top beach destinations by nearby East Coast residents, the Delaware Shore [...]
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People planning to live in a new home for only 10 or 15 years before moving into a retirement community should consider taking on a bigger mortgage rather than sinking most of their cash from the sale of a previous home into the property.
Filed under: Buying A Home, Delaware New Homes, Retirement Living, Second Homes, Vacation Properties by admin
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