Posted by Paul Sian on Thursday, April 27, 2017 at 7:00 AMBy Paul Sian / April 27, 20171 Comment
Smart Tips For Buying A Luxury Home
When buying a luxury home, buyers will want to take the path of least resistance in order to make the process easier to deal with. The last thing luxury home buyers will want to do will be to rush through a purchase and find out the home they bought is more trouble than it is worth. Luxury homebuyers can ensure their purchase of a luxury home is a sound and smooth decision by using the tips below.
What Is A Luxury Home?
Just because a home has a “luxury” price while it is on the market does not necessarily mean the home is a true luxury home. A small house that may look great and be considered luxury in a densely populated city may instead be considered a luxurious tiny home in another area where land is plentiful and therefore homes are expected to have plenty of square footage in addition to other luxury features. The small luxurious house in an area with large luxury homes would not be able to get the same price as large luxury homes since home buyers in those areas want the extra space and that is the primary reason for them shopping for homes in an area with plenty of land available.
Generally luxury homes are located where other luxury homes are situated and as a result the prices of those homes have a tendency to support other luxury homes close by. Luxury homes have extra refinements that put them into a category of their own. Luxury features such as premium brand appliances, premium cabinetry, carpet, and flooring are often found in these homes. These premium features usually have better build quality associated with them in addition to longevity.
While bedroom counts may be the same in some non-luxury...
Posted by Paul Sian on Thursday, March 02, 2017 at 7:00 AMBy Paul Sian / March 2, 2017Comment
For this podcast about Jumbo Mortgages for purchasing a luxury home I sat down with Walt Wollet of Summit Funding. During our conversation we discussed the jumbo mortgages, the application process, credit score and down payment requirements and more. This podcast is helpful for those wanting to buy a luxury home through the use of jumbo mortgage financing.
I hope you enjoy the podcast and find it informative. Please also consider sharing with those who may find it useful.
Posted by Paul Sian on Thursday, January 19, 2017 at 7:00 AMBy Paul Sian / January 19, 2017Comment
Luxury Home Buyer's Guide To Getting A Mortgage
Purchasing a luxury home requires a slightly different approach than if one were buying a non-luxury home. Generally a luxury house is considered luxury because the price is higher than $500,000.00 and offers luxury amenities not commonly found in non-luxury homes. While the $500,000.00 is a general guideline that does not mean that amount applies the same to every area in classifying a home as luxury. In the Greater Cincinnati, Ohio and Northern Kentucky Real Estate Market homes $500,000.00 and above generally will be considered to be luxury homes. Other areas may be different based on the real estate market in those locations since real estate is all about location.
Luxury mortgages are a little different compared to mortgages for non-luxury homes. When borrowing more than $424,100.00 to purchase your luxury home the mortgage loan product used for those types of loans are called jumbo loans. ...
Posted by Paul Sian on Wednesday, November 02, 2016 at 7:00 AMBy Paul Sian / November 2, 2016Comment
The Top 10 Highest Priced Homes For Sale Today In The Greater Cincinnati Area
Cincinnati is the third largest city in Ohio and the Greater Cincinnati Metropolitan area covering Ohio, Kentucky and Indiana is the largest metropolitan area in Ohio and the 27th largest metropolitan in the United States. The Greater Cincinnati area has a unique variety of architecture and the homes offered in Cincinnati are no different in their unique style and features. You can find 100+ year old one of a kind homes in different neighborhoods in Greater Cincinnati as well as brand new homes with modern design.
The Greater Cincinnati is no stranger to luxury homes and has many luxury apartments, condominiums, and homes to choose from. The neighborhoods these homes are found in are in and around the Greater Cincinnati area and represent the best the city has to offer. These homes offer some of the latest and greatest in luxury as well as technology and are found in these neighborhoods: