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Should You Buy a Second Home as Your First Home?

There is a new trend catching on among younger urban residents: renting in the city and buying a vacation home as their first house purchase. This unconventional approach to first-time homebuying is one way for these buyers to achieve homeownership and all its benefits when they are priced out of their own market.  Real estate prices in most major U.S. cities are rising so high that it is virtually impossible for young professionals to start their home-owning journey within city limits. The creative solution of buying a vacation home while renting a primary residence in the city allows...

February 12th, 2020 | Purchasing a Home, First-time Homebuyers, Should You Buy a Second Home as Your First Home?

American Nationwide Mortgage Company, Inc. (NMLS 13392) is an Equal Housing Lender.

55 Greens Farms Rd. Suite 200-08
Westport, Connecticut 06880
Phone: 203-557-5522
Fax: 203-651-1144
NMLS: 13392