As I get older, I'm hating the cold. Everytime I see September, I start counting days to see spring. Yep, New England is cold. I had enough sometimes.
Buying a 2nd home is not a bad idea if you have money to spend. It all boils down to: can I afford it?
I calculated my financial status (investment-savings-checking-stock-pension-social security),
I made a decision to buy a 2nd home (vacation house) near Key largo. The house was a foreclosure, originally cost over $400, which I got 1/2 the price. Has waterfront, a few minutes to Key Largo & Islamorada, 35 min to south beach and 5 minutes to Miami Speedway (awesome)!!!!
So, everyone has plan....
My plan is to leave this property to my children when the time comes.
Sell the house in New England, spend to grand children's education.
I don't need anything except my 7.
One advice....foreclosure is an azz job, i will never do it again. I survived but beat up.