The final settlement date is the happy occasion when the buyers take possession of their new luxury home and the sellers get their money. If every detail of the transaction has been worked out, the settlement should be uncomplicated. Occasionally, however, unresolved issues arise that interfere with the settlement schedule. Questions may come up about […]
When purchasing a luxury home, you should hire a professional home inspector to examine all the basic systems and structures of the home. The inspection report will be your only documented proof of the actual condition of the property. Your offer should include a contingency stating what will happen if material defects are discovered that […]
Most buyers put storage space high on their list of priorities for a new home. No matter how much storage space a home offers, most people want more. Sellers often face the minor indignity of having prospective buyers open all of their closets to determine the capacity of each one. Even an enormous closet […]
The future is here! Remember those science fiction stories set in roboticized houses that catered to your every need with a push of a button? The latest products coming to the marketplace are designed to do just that. Today’s “intuitive home” has a comprehensive, computerized system throughout the house that controls sound, drapes, temperature, […]
It is easy to feel offended by someone who is making an offer on your property. First, there are the inevitable defects in your home that the buyer will be sure to point out. Even if the buyers love your house, they are trying to negotiate the best possible price and terms. They probably […]
With the subject of global warming coming front and center in the news these days, architects are looking for solutions that will not only satisfy the tastes of the luxury homeowner, but will appeal to their environmental conscience as well. The new “green” home will be built from recycled materials such as Syndecrete — a […]
Homeowners who actively help minimize household-related sources of pollution are truly contributing to the preservation of our environment. The way we use and dispose of common household products can affect both the quality of our soil and our freshwater resources. Our ground waters can be contaminated by chemicals contained in household cleaning supplies, pesticides, plant […]
In today’s environmentally challenged, energy conscious world, it pays to be efficiency minded when considering the energy features of a prospective property. According to the National Association of Home Builders, there are specific elements that identify energy efficient homes. An educated homebuyer should be familiar with each one. Look for double paned windows […]
Many homeowners presume their homeowner’s warranty has comprehensive coverage only to discover there are a number of exclusions. It’s understandable to expect that a homeowner’s warranty policy would compliment the importance of the purchase, but this is not always the case. When it comes to home warranties, reading the fine print is an imperative method […]
Overpricing is a common blunder committed by many an anxious seller and some real estate agents. With so much riding on the outcome of the sale, it’s a mistake easily made, but it can be a costly one. When shopping for a home, the majority of buyers consider the price first. If it is […]
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