Go For Hardwood Flooring As it is Durable

Are you considering hardwood flooring for your dream house? Well, you are making the right choice! Building a house of your own is one of the most important and biggest investments you will make in your life. All of us dream about owning a home because it provides security for us as well as our family. This is the reason why we all want materials of high-quality to be made use of when we are building a house because we want our dream house to last forever.

There are a number of materials that you could use for the flooring in your house. There are innumerable choices that you can select from when you go to a home improvement store in your locality. You are bound to be overwhelmed by the array. Hardwood flooring, vinyl tiles, parquet tiles, laminated wood and tiles are some of the popular options. If you wish to go for the best material that you could use for your dream house, you have to take into account the place where it will be installed. This is an important aspect that is to be considered if you wish your flooring to last long. Hardwood flooring can be used in many places in the house. It could be installed in the bedrooms, the dining area and the living room. If you are not going to invest in carpets, real hardwood flooring is an ideal option. It will last you a lifetime as it is durable. It has a style that is classy and timeless. You will be investing your money in the right place if you go for hardwood flooring as it will make your house very comfortable. You will be using a natural material in your house.

Hardwood flooring is earth-friendly. The colors that they are available in are difficult to replicate but if you wish this flooring to look good always, you will have to maintain it well. Hardwood flooring costs more than flooring of other materials that are found in the market but keep in mind that there is no way that you would regret the money that you are spending on flooring because it will last you a long time. You would want anything that you purchase to look new and nice always, wouldn’t you? The same goes with hardwood flooring. The most important feature regarding installation of hardwood flooring is that it is easy to maintain.

This flooring has to be cleaned regularly in order to protect it. Dust tends to make floors feel and look dirty. All you have to do is sweep the flooring with a damp mop once a day. You could also vacuum the floor in order to get rid of dust that tends to accumulate on it. This would also help in getting rid of the things that could scratch the finish of the flooring. You could install rubber pads that are found in hardware stores on the legs of the furniture in order to protect the hardwood flooring so that the furniture does not scratch it when they are moved around. You would also install a humidifier in the house in order to keep the hardwood flooring in good condition. Wood expands and shrinks as per the weather which is why the humidity has to be kept at a constant level in order to reduce this kind of reaction.

Owning a home is an achievement. But it is also important that the house that you own is durable and sturdy. You should be sure that the walls around you, the roof above your head and the hardwood flooring beneath your feet will always protect you.

Luxury Property Auctions: A Better Way to Sell Non-Distressed Luxury Homes

According to the National Association of Realtors (NAR), one in five homes in the U.S. will sell via auction in the next five years. Most of us think: auctions? Aren’t auctions just to sell foreclosures and other distressed properties? Not necessarily. In the last few years, a new trend has emerged: selling and buying high-end non-distressed properties via luxury property auctions.

What is an auction? Simply put, auction is a method of offering goods and services for sell through the bidding process. Auctioning involves taking bids and selling the property usually to the highest bidder.

Today, the most commonly used type of auction is Open Ascending Auction, also known as English Auction. In this type of auction, participants openly bid against each other by putting higher bids and highest bidder wins the auction. That’s when the famous gavel falls and the auctioneer announces: Sold!

There are two basic types of auctions: Reserve Action and Absolute Auction. Under the Reserved Auction, the seller will establish a minimum price (disclosed or undisclosed) for which the property must sell in order for the auction to be valid. If the highest bid does not reach that price, the auction is void. On the other hand, the Absolute Auction has no minimum price (Reserve), which needs to be met.

Why luxury auctions? Properly marketed and executed luxury actions have several advantages for the sellers:

  • Property sells for the highest market price, typically within 60-90 days
  • Price can exceed the price of a traditionally negotiated sale
  • Auctions generate more competition and interest among qualified buyers
  • Property is sold “as is” with no contingencies and with high certainty of closing
  • Auctions significantly reduce sellers’ expenses (carrying costs, price reductions, and opportunity cost).

However, sellers are not the only beneficiaries of auctions. There are several distinctive benefits for the buyers as well:

  • Bidders (buyers) set their own purchase price
  • They compete fairly and openly on the same terms with other buyers
  • No need for lengthy price negotiation process
  • Buyers know that the seller is committed to sell
  • Buyers can review property’s Due Diligence Package before the auction

In most parts of the U.S., the luxury residential real estate market (properties over $1M) is struggling. While low and moderately priced homes are selling relatively quickly nowadays, the high-end properties can linger on the market for many months and sometimes even years.

The sellers of luxury properties are faced with substantial carrying costs, price reductions, and opportunity cost, which can add up to hundreds of thousands of dollars. Recently, I have previewed a luxury home in one of San Diego’s most luxurious coastal communities. The sellers had lost over $1M in carrying costs and price reductions since the property was listed for sale almost two years ago,

Compare that to a luxury property auction, which typically sells a property for the highest market value within 60-90 days. How do the sellers know that their property had sold for the highest market value? They know because correctly marketed luxury auctions generate the highest number of qualified buyers and ultimately the buyers, not the sellers (or their agents), determine the market value of any property.

So, what’s the “secret sauce” of the luxury auctions? For the luxury auction to be successful, it must be properly marketed by a company which specializes in that type of auction. We live in a global economy where goods and services are sold across the country borders, and high-end real estate is no exception. The most successful luxury auctions, involve extensive and well executed marketing campaigns, often with both domestic and global outreach.

As a result, it is not uncommon that luxury auction open houses will attract 150 to 450 buyers eager to preview the property. In some cases buyers, who fly in from all over the planet, are allowed to make an offer on the property before the auction day (so called “pre-auction offer”). Such offer can be accepted, declined, or countered by the seller, depending on the price and motivation.

On the auction day, there are typically 10-50 buyers, who are ready, willing, and able (have certified funds) to compete to purchase the property. This is in stark contrast with traditionally marketed luxury listings, which typically generate much less interest and fewer, if any, buyers.

However, luxury auctions are not for every property and every seller. First of all, the property itself needs to qualify. Typically, the auction firm’s representative will preview the property to make sure that it meets certain criteria to be considered suitable for a luxury auction. Some of the criteria include: price point minimums, architectural design, location, condition, and the overall quality.

Secondly, the sellers need to qualify too as they need to be realistic about the value of their property. Auction is a terrific tool to sell a luxury home or estate, but it is not a “silver bullet” to sell grossly over-priced or over-encumbered properties. For instance, if the sellers want to sell their property for $5M, but the market value is around $2M, the auction is most likely not going to help.

Lastly, the seller must be committed to sell, because once the property is marketed and the auction properly executed, the odds are high that the property will actually sell. In fact, one luxury auctioning company boasts a success rate of 98%.

So, the luxury auctions are not suitable to just “test the market” as some sellers do with conventional real estate agents when they list their properties to see if there is any interest.

In conclusion, luxury property auction can be hugely effective tool in both selling and buying high-end properties. Properly marketed and executed luxury auctions sell properties for the highest market value, in the shortest amount of time, with a success rate as high as 98%.

Luxury Homes for You

Style, sophistication, subtlety is among the many words which thumps into people’s head when someone thinks of luxury. Likewise, these things also pop up to us when it comes to Luxury homes. It’s their poise, spaces, equipments, facets and locations, which define them in the market. Flaunt the money you have the best way. Invest in a luxury home and win accolades for it. What better?

So what exactly forms a luxury home? The definition of luxury is as something pleasurable and comfy beyond life’s necessities, in several ways; all of us dwell in certain grade of luxury. In the present day market here, luxury homes costs around $700,000. Well of course, presently, in the current scenario, the new $700,000 is the $1.5 million. It’s just not only the size that counts, but much so its aura for a luxury home. It should have an illustrious guise from its curtail and it must appear relaxing and gratifying from all angles of the house. Houses over the $500,000 bracket in the market, use hard coat stucco as a building material, as a major feature. Brick and stone are among the other materials used. Circular drives, Fountain, Guard house are some of the elite features which affix a facade to the house. There are huge homes with augmentations that tend to reach $700,000. But to its disparity, a Charlotte area luxury home frames its definition by the spaces. For the sophisticated homes in the area, a study or paneled den and a room for media is compulsory. There are many luxurious homes which I personally have seen gives tough competition to the high-end hotels or private club media rooms. These must also have pantries with walk in services, wine cellars and so on.

In the fine old days, truly stupendous homes in the very famous Charlotte market were available for $180 per sq foot. Still today in this present ambience, few homes like these are built but of course those, which include custom made floor plans are still being up fixed with well-appointed materials and features. On-site hand milled paneling, which a ravishing study has found to be in great demand, is one of the exclusive materials included in superlative homes. A custom hand-crafted stained glass ceiling feature is also one of the distinctive highlight of these houses. Award winning hand-hewn stone fireplaces carved from exotic places like Yucatan Peninsula is among the finest feature of these marvelous homes.

Luxury homes are today one of the most sought after destinations as it allows one to relish the amount of luxury they are provided in such houses. The benefit of such houses is that one would be provided with a spacious house that is fit for a king.

Media rooms add facets like the highest luminance and resolution projectors available in the market. There must be ample security measures to save your home from any attack. It is most natural that these homes have great money so security is a very big concern. Create a smart house and living in luxury would just expand manifold. One of the only 35 EcoBrokers in the Charlotte Metro Area, who has 15 years of experience in portfolio development, residential real estate sales and personal property management, is Chrystal Safari. She specializes in Foreclosures, Short Sales Luxury Homes, and is a Masters Designation Holder and licensed realtor, and services both South and North Carolina. Chrystal as EcoBroker, offers various guiding principles to rally round the home buyers and sellers. She helps them appraising true green features and their reimbursements to real property value, home ownership, tax savings and mortgage closing table capital donations. Based upon your personal needs, it is sustained by certified and indemnified professionals to evaluate and shield your investments.Style, sophistication, subtlety is among the many words which thumps into people’s head when someone thinks of luxury. Likewise, these things also pop up to us when it comes to Luxury homes. It’s their poise, spaces, equipments, facets and locations, which define them in the market. Flaunt the money you have the best way. Invest in a luxury home and win accolades for it. What better?

So what exactly forms a luxury home? The definition of luxury is as something pleasurable and comfy beyond life’s necessities, in several ways; all of us dwell in certain grade of luxury. In the present day market here, luxury homes costs around $700,000. Well of course, presently, in the current scenario, the new $700,000 is the $1.5 million. It’s just not only the size that counts, but much so its aura for a luxury home. It should have an illustrious guise from its curtail and it must appear relaxing and gratifying from all angles of the house. Houses over the $500,000 bracket in the market, use hard coat stucco as a building material, as a major feature. Brick and stone are among the other materials used. Circular drives, Fountain, Guard house are some of the elite features which affix a facade to the house. There are huge homes with augmentations that tend to reach $700,000. But to its disparity, a Charlotte area luxury home frames its definition by the spaces. For the sophisticated homes in the area, a study or paneled den and a room for media is compulsory. There are many luxurious homes which I personally have seen gives tough competition to the high-end hotels or private club media rooms. These must also have pantries with walk in services, wine cellars and so on.

In the fine old days, truly stupendous homes in the very famous Charlotte market were available for $180 per sq foot. Still today in this present ambience, few homes like these are built but of course those, which include custom made floor plans are still being up fixed with well-appointed materials and features. On-site hand milled paneling, which a ravishing study has found to be in great demand, is one of the exclusive materials included in superlative homes. A custom hand-crafted stained glass ceiling feature is also one of the distinctive highlight of these houses. Award winning hand-hewn stone fireplaces carved from exotic places like Yucatan Peninsula is among the finest feature of these marvelous homes.

Luxury homes are today one of the most sought after destinations as it allows one to relish the amount of luxury they are provided in such houses. The benefit of such houses is that one would be provided with a spacious house that is fit for a king.

Media rooms add facets like the highest luminance and resolution projectors available in the market. There must be ample security measures to save your home from any attack. It is most natural that these homes have great money so security is a very big concern. Create a smart house and living in luxury would just expand manifold. One of the only 35 EcoBrokers in the Charlotte Metro Area, who has 15 years of experience in portfolio development, residential real estate sales and personal property management, is Chrystal Safari. She specializes in Foreclosures, Short Sales Luxury Homes, and is a Masters Designation Holder and licensed realtor, and services both South and North Carolina. Chrystal as EcoBroker, offers various guiding principles to rally round the home buyers and sellers. She helps them appraising true green features and their reimbursements to real property value, home ownership, tax savings and mortgage closing table capital donations. Based upon your personal needs, it is sustained by certified and indemnified professionals to evaluate and shield your investments.