Quote:
Originally Posted by Bill-n-Brillo
Yucatan - You should do whatever you're most comfortable doing and ensure it's financially feasible for you as well. Having two homes at the same time adds to the complexity of your life - more things to have to deal with........upkeep and so forth as well as the financial implications.
Some people are the "go for broke" types, throwing much caution to the wind and dealing with whatever happens as they go. Others are ultra-conservative, planning/preparing/allowing for just about every contingency that could possibly happen. And there are those who are in between the two ends of the spectrum. You know yourselves better than anybody - decide on whatever makes you sleep well at night and head down that path. That'll be the best decision for you!
Bill  |
Agree with Bill completely. Everyone's situation is different. With no mortgage or debt of any kind, we bought a small vacation home in TV in '09 when the market was down. From Atlanta, it was an easy drive down and with hubby's 8-plus weeks vacation we were able to come often.
Our Atlanta home was not/ is not yet for sale as he is still is working full time-- though thankfully not for long now. When he retires and we are both in TV full time, we plan to sell both the Atlanta home and our Villages "vacation" home and buy a "permanent" home in TV.
If we had not lived so close, could not come down as often, the finances weren't as they were and the housing market not depressed at the time (i.e., was a good time to buy but not sell), we might well have made a different decision. Do I regret it? Not for a skinny slither of a second! But again, conditions were all systems go and we were able to rest easy.
There's a lot to be said for a good night's sleep!