Anne Spry's Blog
If you're looking for that second home in the vacation paradise of your dreams, these five locations have just turned the corner from luxury sellers' market to luxury buyers' market:
Tennis clubs, golf resorts and views of white sand beaches and pristine blue water top the reasons why Maui has become a top-five hot luxury market. After experiencing a surge in vacation home prices over the past few years, the market here is now beginning to level out. This is good news for homebuyers seeking refuge on Hawaii's second-largest island. If you're in the mood for a tropical island paradise that won't cost a millionaire's fortune, Maui could be the solution.
Palm Beach, Fla.
Forty-seven miles of beaches and the absence of state income tax are only two of the draws for those looking to buy a luxury home in Palm Beach. Now becoming a strong market for buyers, this highly populated area of the United States features exotic nightlife and culture for days. There's always something to do and someone to do it with in Palm Beach, including buying a luxury home.
It's mostly young millennial couples who are buying up the luxury homes in and around Washington, D.C., including the area of Arlington, VA. High-paying jobs enjoyed by highly educated workers make this a hot spot for the upwardly mobile among us and the hottest commodities right now are new constructions or homes that have been renovated in the last five years.
Kauai, the northern-most island of the Hawaiian chain, has always been a magnet for the wealthiest home seekers. Privacy, lush green spaces and a quiet, unconventional lifestyle factor among the reasons for Kauai's popularity. Not known for it's sizzling nightlife, this area is prized for just the opposite -- as a private, respectful place to settle in and kick-back on vacation, spectacular views included.
Surprisingly, Brooklyn -- with its population of over 2.5 million people -- has recently become a luxury buyer's paradise. Once all but forgotten in the shadow of nearby Manhattan, the new construction of luxury condos, coupled with the old-time charm of the traditional brownstone, has rocketed Brooklyn to the forefront of choice places to live in the U.S. For luxury home buyers who enjoy the hustle and glamour of city living, Brooklyn is holding its own.
If you're looking to buy a luxury home in an area that may have been previously unaffordable, make one of these five luxury hot spots your new jumping-off point.
Putting an offer on a home is an exciting event. You don’t want to get so excited that you overlook the important factors that go into buying a home. Follow the tips below before you put an offer on a property.
In order to come up with a price to offer on a home, you need to do some research. You should have a general understanding of the local market. Although your realtor will have a good grasp on this, it’s always a good idea to be an informed buyer. You can work with your realtor to find the right price. You don’t want to blurt out a number that is completely out of line for the neighborhood or market conditions.
A good place to start is by taking a look at what the homes in the the neighborhood are selling for. You can also look at what homes in the area have recently sold for. The advantage to hiring a realtor is that they have easy access to all of this research and information. Be sure that the properties that you look at are comparable to the one that you hope to put an offer on. You can even do this ahead of time if you have an idea of what kind of property you’re looking to buy.
Another useful tool in the research part of making a offer is the history of the property. When did the seller purchase the property? At what price? If the seller has moved in more recently, you may have some wiggle room for negotiations.
Getting pre-approved gives you some buying power. First, you’ll know how much house you can afford. Next, you’ll know that a lender is dedicated to lending you that amount to buy a home. Your offer will be taken more seriously if you have been pre-approved because the seller will know that you can get the funds to purchase the home.
Get The Help Of A Realtor
When you hire a realtor, you’re getting the agent along with the team of people that they work with. Realtors can recommend you to everyone from home inspectors real estate attorneys. An attorney is an especially helpful advocate in the process of buying a home because they can check to be sure that your offer meets the legal requirements within your state and protect your interests as a buyer.
The attorney will also look at the purchase agreement for the home. This will include all of the details of the property transaction:
- The date of the offer
- The address and property description
- Amount offered for the home
- Loan details including the down payment amount
- The closing date
- Any contingencies
These will all be very important to you as a buyer and a lawyer make sure that everything is legally sound will be a great protection for you.
Now, you’ll be ready to seal the deal!
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Especially if you’re starting in a room from scratch, it can be hard to figure out where you should place everything in a room. Your bedroom can be one of the most challenging rooms of the house to decorate. If you break down the room into small pieces, you can create a bedroom that’s right for you. Bedrooms need to hold more than just a bed. In today’s world, a bedroom can become a very multipurpose room.
Think Of The Components Of The Room
Bedrooms tend to be more of a multi-functional in a home due to the shifting nature of families. You do everything in there from sleep to watch television to get dressed in the mornings and evenings. This means that you’ll need some or all of the following in your bedroom:
- Storage for clothing
- A comfy bed
- A media Center
- A chair
- Home office supplies
- Television stand
Whatever purpose that your bedroom has to serve is what you’ll need in the room. This all depends upon the size of your home. You’ll have to arrange the room accordingly after these parameters are set. Your bedroom should feel personal; a place of self expression and comfort. Your bedroom is the place where you can display little pieces of your life. These should include personal photos, antiques, and all of your favorite things. This helps to make your bedroom your own. It will become a peaceful sanctuary that you love.
Focus On Function
If your bedroom is well-lit and well arranged, the room undoubtedly will be more comfortable. The easier it is for you to find things and use the room the way it needs to be, the more comfortable you’ll be. While your bedroom should look nice, it’s yours to use. Your bedroom is the room of the house that should provide the most comfort for you.
When it comes to the way that you arrange your bedroom, you can get as creative as you want. If you’re short on space, don’t hesitate to push the bed against a window. If you’re tired of the same old same in the bedroom, shuffle the furniture around. If you ensure that you have adequate lighting and seating in the room, you can do anything with it!
Don’t Multipurpose The Room If You Don’t Have To
Although it’s nice to have access to everything in one room, bedrooms work best when they are singularly purposed. You’ll sleep better and get more rest if you keep things like computers and televisions out of the bedroom. You can easily arrange a bedroom when you keep your own desires at the heart of the design.