There is a lot to think about when buying high-end real estate. The market greatly affects your options for luxury homes. For instance, in a secondary market, you can expect prices to start at around $1 million. In primary markets like New York, Los Angeles, and Chicago, prices usually climb higher. This is only one of many things you must consider when luxury home shopping.
According to HGTV’s Luxury Home Buying Guide, there are five steps any luxury real estate seeker should take. These involve searching, evaluating, financing, making an offer, and remembering the details. Marcia Jedd, the author of this guide, states that while the majority of homebuyers start their search on the Internet, many high-end properties aren’t officially listed on MLS or major search engines, so be prepared to expand your search. That’s just one example of how high-end home hunting is different than the norm. Click here to read full article
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