When a number of people think alike, groups start to materialize to show the value of their
thinking. The two groups are Retirement Means a Second Home For Vacations and the second
group believes that without monthly payments on their house Retirement means another way of making
money. I believe both of these groups have merit and I will show you why I believe they are right.
Retirement means second homes especially with a Reverse Mortgage because you can do what most of the others do: take the distribution and use it to buy the vacation home. You will not have a
monthly payment on either home. None is required until you sell the primary residence and on the second home their isn’t a mortgage so there isn’t a payment. Now you will have two homes, not one, and no monthly payment on either house. This could be amazing.
Retirement is a time to make more money on the house and here is a perfect way to do something to make more money. You will not have a payment until you sell. You can invest the same amount you use to pay the lender on the mortgage and all profits go to you.
Take a good look at each idea and see if you think these can be helpful to you.
Reverse Mortgage Vacation Home, Reverse Mortgage On Vacation Home