Buying a Home: Why You Need a Real Estate Attorney

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Buying a Home: Why You Need a Real Estate Attorney

When I bought my first home, I basically signed whatever was placed in front of me. The idea of becoming a homeowner overshadowed any concerns that I might have. Besides, the agent seemed to know just what needed to be done. It was only later that I learned there was some confusion about the location of the property lines. Two years and several thousand dollars later, I finally got things straightened out. When I bought my second home, you can bet that I had a real estate attorney by my side. Everything was checked and double-checked before I signed anything If you are thinking about buying a home, take nothing for granted. Let me tell you more about my experience and why you need your own legal counsel. In the long run, you'll save a lot of time and trouble.

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3 Tips For Buying Your Dream Luxury Home

Nothing beats turning your hard work and sacrifice into tangible quality of life improvements. Buying a luxury home epitomizes enjoying the fruits of your labor. These homes typically have the best location, enchanting design and architecture, and pampering amenities and features. Let the tips below serve as your guide when you're scoping out luxury homes for sale. 

#1: Choose a location that exemplifies luxury and the achievement of your dreams

Select a property location that is every bit as luxurious as the house. Outline your requirements for scenery, privacy, seclusion, property values, and potential for growth. Luxury homes are often situated in the most desirable zip codes, or in prime locations such as by the water or overlooking hills. Living by the water provides stress-relief and mind-relaxation, on top of prime property values. Envision where you'd like to kick your feet up for the next several years, and put serious thought into which neighborhood accomplishes that vision. 

#2: Scout luxury homes that satisfy your space, style, and functional requirements

Always get the most space possible for your money. Luxury homes have maximum square footage, along with several bedrooms and bonus rooms. The master bathroom should be spacious, and might have options like waterfall showers, double vanity sinks, jetted tubs, and a bathroom skylight. Luxury homes often feature marble floors, which provide substantial home value, an allergy-friendly environment, and years of longevity. These floors are excellent options for a bathroom or kitchen. 

Luxury homes also tend to feature modern technology — such as smart home automation systems, monocrystalline, polycrystalline, or thin-film solar panels, tankless water heaters, and landscaping irrigation systems. 

#3: Find out how much you can customize

Developers and real estate agents that sell luxury homes often allow you to negotiate some customizations. Consider what finishing touches would take the home from good to great while adding the personal touches you'll love the most. 

You can get a new pool for $3,000 and up, with upper-level luxury pools costing $100,000 or more. Installing a hot tub adds the ultimate value to your luxury home. These additions help you get fitness and relaxation, in addition to planning gatherings in the spring and summer. 

Perhaps you'd like to turn the basement into a fully finished and furnished bonus room, or you'd like to paint the home a different color prior to moving in. Negotiate to your heart's content, while considering the return on investment (ROI) of any request. 

Let these tips help you when you're shopping for luxury homes for sale. For more information, contact a local real estate office, like McCormick Real Estate.