Tips for buying luxury homes in Birmingham, Michigan

Posted by Steph Kaye on Friday, September 20th, 2013 at 11:27am.

 

Living in Luxury

Are you looking to buy a luxury home in the small and beautiful city of Birmingham, Michigan? Perhaps you imagine, and maybe rightly so, the process of making this dream a reality is a long and difficult one. Closing that deal successfully in order to own your luxury home in Birmingham, Michigan should be easy if you take the following simple steps.

       Define what you want in a luxury home and what your budget can accommodate

Before going out to scout for your dream luxury home in and around the city, you must first define what you need in terms of the size of the home, the spaciousness/design of the garden, swimming pool size and other such like minor but important details. It is also important to consider the proximity to city amenities like the library, golf course, tennis court, playgrounds and other recreational facilities.

By defining what you are looking out for, you will be in a position to fix yet another detail, your budget. It is important at this stage to seek services of a financial planner, if you do not have one. Through the financial planner you will know whether your budget will support the purchase of that luxury home in Birmingham, Michigan you dream of. Of course, the figure will not be a fixed amount but a range within which you are ready to offer.

       Choose the right realtor to help you buy a luxury home in Birmingham, Michigan

To complete your preliminaries of buying your luxury home in Birmingham, Michigan, find that real estate agent with experience in working with buyers and sellers of luxury home property in and around Birmingham, Michigan.

A realtor who will give you a head start in your search for your dream home through their listing of luxury homes open for sell around your locality of interest. The commission charged by the agent is an important factor to consider, but that should not come before the quality of expertise services you stand to receive. Furthermore, closing costs in Birmingham, Michigan are among the lowest you can find in the country.

In addition, an ideal realtor should provide you with all possible services required in home purchasing,’ under one roof’. He or she will achieve this through having reciprocal referral partner arrangement with other industry players who handle different aspects of home buying and selling process like lawyers, financial/estate planners, tax accountants and investment portfolio managers.

       Protect yourself from loss

During the process of your luxury home acquisition, it is possible some things could go wrong. You have to take some preemptive measure to guard yourself from loss.

 Check certificate of title for liens and other claims and If you are buying your luxury home through a mortgage, take a mortgage insurance to protect yourself from losses arising from loan defaulting. Besides, find out other loss mitigation measures provided by the lender. Also, it is in order to check home warranty for mechanical systems and attached appliances.

With everything well taken care of, you will pull a successful house closing deal and that will make you a satisfied resident and a happy owner of a luxury home in Birmingham, Michigan.

f you would like information on your local real estate market, or are first time home buyer not working with a Realtor and would like to schedule a consultation with a qualified Oakland County and Macomb County Realtor, please complete the Lang Premier Properties contact form to have a real estate agent contact you.

Lang Premier Properties are  Birmingham Realtors specializing in Oakland County Real Estate. Stephanie is an agent with Max Broock in Birmingham, Michigan. See what past clients have to say about Stephanie Lang.  Lang Premier Properties looks out for your best interests when you purchase a new custom luxury home. We always recommend working with an experienced luxury real estate agent when buying a new luxury estate.

 


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