If you’re planning to buy a home in the near future, you’ll need some form of down payment to secure a mortgage. One resource you may want to consider is your 401(K) to access the money needed to use for a down payment.
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Timeshares have been popular vacation options for many Americans over the years, allowing them to essentially “own” their vacation properties without outright buying real estate. But as beneficial as timeshares may be, they also come with a set of drawbacks that need to be carefully contemplated. Here are some pros and cons of owning a timeshare that should be taken into consideration before you buy.
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