Ask Terry Questions Buy a second home.

Buy a second home.

By Terry Savage on December 13, 2021 | Housing / Real Estate

Hi like to a buy a second home. I have no mortgage payment on my first home. I like a place in Arizona should I wait tell this housing market starts to settle down.

Terry Says

With inflation coming, and higher interest rates, the housing market might not “settle down” for a while! Make this part of an entire financial plan –including taxes, homeowners association fees, insurance and repairs. Then if you can afford it on your income, you might as well start looking now is my idea. I don’t like to “time” real estate like stocks!

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