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Thinking of buying a second home?
Even if you love your current home, buying a second home can be a great path to build wealth. It helps you diversify your portfolio and create a potentially lucrative asset that can grow in value over time.
But how do you get there? These surprising tips will help you get to your goal of buying a second home faster than you think.
Don't put off home improvement projects when rates are low
If you're putting off home improvement projects, it's time to reassess that mindset, especially if those projects could increase the value of your home. With interest rates at record lows, taking out a personal loan to finance your project could be a smart financial move.
Our partner AmONE can match you with loan providers to fit your specific needs. In only 2 minutes, you could get matched for a loan up to $50,000 and rates as low as 2.49%.
Why not see if you qualify? It will NOT affect your credit score.
Cancel unwanted subscriptions and trim up to $720 from your bills
As a homeowner, you've got more bills than ever before to deal with and this makes it easy for unwanted subscription to slip by. Companies pull money from your bank account or charge your credit card every month and you pay it, sometimes unknowingly.
Rocket Money can help you cancel subscriptions and lower bills. The best part: you never need to pick up the phone. Their expert negotiators can call the cable company and phone company on your behalf to help lower your bills. They'll also help you cancel unwanted subscriptions and put that money back in your bank account where it belongs.
Rocket Money has already helped save its members over $50,000,000 on their bills without much time and effort.
Don't let home repairs drain your bank account
Did you know if your air conditioner stops working, your homeowner’s insurance won’t cover it? Same with plumbing, electrical issues, appliances, and more. Not being able to make repairs could leave you in a bad situation — but a home warranty could protect you against surprise expenses.
Whether you’re a brand-new homeowner or you’ve owned your home for years, a plan from Choice Home Warranty could pick up the slack where homeowner’s insurance falls short.
If a covered system in your home breaks down, you can call their hotline 24/7 for assistance to get it repaired. They have a network of over 15,000 technicians that can assist you, making sure any issue can be taken care of swiftly — without breaking the bank.
Not sure if it’s for you? Rest easy: they were named one of the "Best Home Warranty Companies" by US News 360 Reviews and were awarded Best Company's 2020 Consumer's Choice Award. For a limited time, you can get your first month free when you sign up for a Single Payment home warranty plan.