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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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Vacation Homes For Sale and Vacation Rentals

Close To Attitash Skiing

Listed by Suzie Laskin


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Address: B6 Christmas Mountain
City: Bartlett
State: NH
Zip: 03838
Neighborhood: Christmas Mountain
Price: $169,900
Beds: 2
Baths: 2
Floors: 1
Year Built: 1986

Virtual Tour: http://www.visualtour.com/show.asp?T=1059743&prt=10003
Square Feet: 1,208
Annual Property Tax: 1,089
Status: Active
mls: 2703943


Full Description: Enjoy the carefree life at Christmas Mountain. Your home away from home is comfortabley furnished and ready for you to move right in. Large living area and an inviting patio where you can enjoy the mountain serenity. Close to Attitash Mountain and Storyland.
Home Features
  • Carpeted Floors, 
  • Dishwasher, 
  • Microwave, 
  • Patio/Deck, 
  • Washer/Dryer
Community Features
  • Hiking , 
  • Mountains, 
  • Association Fee
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Listed by: Suzie Laskin
Phone: 603-356-7200 ext 12
Fax: 603-356-6161
Homepagehttp://www.NorthConwayHomes.com
Info: I have earned the designation CBR, Certified Buyers' Representative and would love to help you find your dream property here in the magical Mt. Washington Valley. If you're a seller, I promise to devote my talent to work hard to get your home sold.





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