Every purchase of a luxury home involves a certain amount of compromise. When you are working with a Realtor, it is important that you give your agent a clear idea which of your criteria is flexible and which amenities you really must have in your new home. If you prefer a specific location, for example,…
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…
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…
Welcome to our new blog on the lifestyles and interests of those who are buying and selling our luxury homes. Generally speaking we will be focusing our blog on the segment of the population that has a net worth of more than five million dollars, not including their current primary home. It seems that this…
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,…
Two plans that would bring millions of dollars in improvements to Dinner Key from Kennedy Park to Peacock Park are poised to move forward this month.The Coconut Grove Waterfront Master Plan, nearly three years in the making, is set to be presented Tuesday to the city's Waterfront Advisory Board before going to the Miami City…
It might surprise you to learn that a third of all homes sold during the past year were second homes – those to be used as a vacation residence or investment property. This was revealed in the “2008 Investment and Vacation Home Buyers Survey,” conducted by the National Association of Realtors. The survey showed that…
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 —…
Last month the Harrison Group, a Connecticut-based marketing and consulting firm, conducted an Internet survey of 638 respondents with incomes of $100,000 or more. The company broke the group of respondents into four categories, ranging from “Upper Middle Class” (incomes of between $100,000 and $149,000, 123 respondents) to “Wealthy” (incomes of $500,000 or more, 119…
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…
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