We are recent empty nesters...well sort of...we were until COVID sent our youngest Freshman home for the semester...but we are close in any case!
A new job which doesn't seem to care where I live/work has us dreaming about where to live. Time for something new after raising our kids in our current location. As we dream, we have different scenarios bouncing around (one nicer residence, one property for rental near the beach and then a more modest primary residence somewhere cooler, etc.)
We also have set aside money specifically for DVC contracts that will be deeded equally, one for each of our 3 kids. I was about to jump on something I saw and we wondered if one or multiple DVC contracts is going to create confusion/complexity on the mortgage process as we sell our current residence and then buy one or two other properties in the next 6-9 months.
Any words of wisdom? Is it smarter to hold off on DVC purchases until after we settle out on new mortgage(s)?
A new job which doesn't seem to care where I live/work has us dreaming about where to live. Time for something new after raising our kids in our current location. As we dream, we have different scenarios bouncing around (one nicer residence, one property for rental near the beach and then a more modest primary residence somewhere cooler, etc.)
We also have set aside money specifically for DVC contracts that will be deeded equally, one for each of our 3 kids. I was about to jump on something I saw and we wondered if one or multiple DVC contracts is going to create confusion/complexity on the mortgage process as we sell our current residence and then buy one or two other properties in the next 6-9 months.
Any words of wisdom? Is it smarter to hold off on DVC purchases until after we settle out on new mortgage(s)?