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Cramer: Forget About Buying A Second Home

MainStreet.com, September 10, 2008 — ...Right now the banks are having a hard time securitizing second-home loans. Fannie Mae hasn't been willing to take them, perhaps because of this crisis. They ALWAYS used to have a program set aside for second homes. The banks don't want to get stuck with them.

...When the rich are getting turned down for second-home mortgages, it is a sign that the prices are simply illusory UNLESS you can buy in cash. Perhaps that's next down the road as the price of real estate grounds down.
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A Smoky Mountain View

Listed by Property Manager


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Address: 1814 Silver Poplar
City: Gatlinburg
State: TN
Zip: 37876
Neighborhood: Skyharbor
Price: $140
Rate Per Day: 140.00
Beds: 3
Baths: 3
Floors: 3


Full Description: A Smoky Mountain View is a custom built 3 bedroom, 3 bath log cabin that sleeps 13. Conveniently located in Sky Harbor between Gatlinburg and Pigeon Forge, just minutes from all the action. This cabin has 3 separate floors, 2 wrap around decks, hot tub, fully equipped kitchen, washer & dryer, 4 TV's, cable, DVD's, movies, X-box 360, pool table, darts and more. A Smoky Mountain View offers spectacular views of Bluff Mountain during the day and the lights of Pigeon Forge at night. This cabin is perfect for family and friends to gather and enjoy the natural beauty of the Smoky Mountains, great shows and excitement of Pigeon Forge as well as the majestic village of Gatlinburg. Make plans now to stay in this awesome cabin with "Out of this World" views! High Speed Internet Access!
Home Features
  • Hot Tub , 
  • Mountain Views , 
  • Air Conditioning, 
  • Balcony, 
  • Cable/Satellite TV, 
  • Carpeted Floors, 
  • Dishwasher, 
  • Disposal, 
  • Fireplace, 
  • Hardwood Floors, 
  • Microwave, 
  • Patio/Deck, 
  • Washer/Dryer
Community Features
  • Golf , 
  • Hiking , 
  • Mountains, 
  • Public Transportation , 
  • Wilderness , 
  • Bike Paths, 
  • Clubhouse, 
  • Playground/Park, 
  • Pool
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Listed by: Property Manager
Phone: 1-800-436-6618
Homepagehttp://www.vacationrentalexperience.com



This listing has been viewed 381 times.