At Palm State Mortgage Company, we can not promise that Love is Sweeter the Second Time Around, like the old song says. However, at this time, a second home purchase might bring you some sweet financial results.
Experts are saying, “If you have been toying with the idea of buying a second home, now could be a good time to take the leap. Interest rates are still historically low and home prices are recovering from the bust, but aren’t out of reach.”
Likewise, Edward Achtner, a Bank of America regional sales executive in California, stated, “What our customers tell us, and what the data tell us, is that for an individual who is well-qualified and who clearly wants to purchase that second home, this is an outstanding time to buy.”
“Growth in the equity markets has greatly benefited high-net-worth households, thereby providing the wherewithal andDetails