Versus... not paying it off and doing what with the money instead? If you have $22k burning a hole in your pocket my advice would be to consult with a financial adviser to make sure you have considered all possibilities for use of those funds, including paying off the $22k 2nd mortgage at 8% (which at a glance sounds like a good idea, but I am not sure if you have your retirement funded, kids college education lined up, emergency reserves beyond $22k, etc.).
Keep in mind that opinions are often suggestive--if you are not familiar with the area, visit the neighborhood several times and at different times of day, to get a sense of belonging. Look at everything that is important to you, check out shops, dine at local eateries, chat with locals, etc., then make your own determination, will your comfort level be reached.... more