August 2021

Tips for Buying a Luxury Home

Decide What You're Looking For Ahead of Time When you're shopping for a lavish house, it's easy to get swept away by some of the incredible amenities and designs. All of a sudden, you're enamored with the idea of having a tennis court when you've never been interested in playing tennis before in your life. It's natural to get carried away in this regard, so your best defense is making a list of...

Prediction: Lots of International Buyers Over the Next Year

While the global COVID-19 pandemic has squashed sales of U.S. homes to foreign buyers over the last year, local buyers should be prepared for a rebound in competition from other countries in the next 12 months, economists say. Texas, ranked as the third-most-popular destination for foreign real estate buyers between April 2020 and March 2021, according to a recent report by the National Association of...

What is a Luxury Home?

What constitutes a luxury home is going to vary depending on the location. Considered to be homes that are in the top 10% of properties listed on the local real estate market, luxury homes offer luxurious living conditions and an extravagant lifestyle. We believe the top Luxury Homes on the coast will sell for $25-$35,000,000 in the next 5 years. Location As you know, location is one of the...

5 Contingencies You Should Never Remove When Buying a House

In our current seller’s market, the national inventory of active listings is down 43.1% year over year, according to the Realtor.com June 2021 Housing Market Trends Report. And a scarcer selection means people are paying more, too, with listings up 12.7% in price While it’s tempting for buyers to waive contingencies to make an offer more compelling, it can leave them unprotected from...

Buying sight unseen

Buying a Rental Property Sight Unseen

People actually do that!? Yes. Actually, many people do that. Many times the prospective buyers are from out of state and do not want to risk losing out on a great deal. In today's market, the best deals on vacation rental properties are scooped up in just a matter of days, sometimes hours.  What is Sight Unseen Offer A sight unseen offer involves making an offer on a home for sale without...

How to Finance a Vacation Rental Investment

Assuming you have picked a good investment and been guided by a knowledgeable Realtor this is what you need to know. Also we work with expert mortgage brokers in Florida, Georgia, North Carolina and Tennessee. Different Types of Short-Term Rental Loans There are a handful of options to consider when thinking about your second home mortgage. Let’s look at the best available financing options...

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