Tips for buying luxury homes

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5 Tips For Buying Luxury Home
The Process and Options Presented by Jennifer
Popo, Real Estate Agent
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Weigh the finances carefully
Even if youre ready to pay cash for your
luxury home, you still want to ensure youre
getting the best possible value and potential
return on investment from your home purchase.
Make sure you truly have the financial
wherewithal to remain in the home as long as
youd like.
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Have your documentation in order
Many luxury home buyers derive their net worth
from a variety of sources and investments Given
the high-end purchase price of a luxury
home Prequalification is often necessary when it
comes to luxury purchases
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Investigate alternative search methods
The best luxury property deals might not be
found through traditional real estate search
engines but rather through word of mouth
Make sure youre working with a professional real
estate agent who is well connected and networked
in the communities your are considering
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Seeing is believing
Expansive square footage, sprawling property,
and a bevy of incredible views often make luxury
homes difficult to completely capture in photos,
videos or virtual tours. A visit in person
is an absolute must to make sure youre not
missing any potential details and, conversely, to
make sure the property lives up to its image.
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Consider the future
Your luxury home investment needs to be
carefully considered for the future, in
particular your expectations in terms of your
return on investment. Most luxury home buyers
are buying a lifestyle and dont intend on
flipping their home anytime soon.
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For more information
Visit http//www.jenniferpopo.com/ for
additional information.
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