Even if you have the financial ability to purchase a luxury home, the buying process can often be challenging. While you may have plenty of options at your fingertips, it’s important to take your time and find the perfect fit for you and your needs. Therefore, before rushing into a sale, heed the following advice for finding the right home. In addition, secure your hard-earned investment with a comprehensive Ann Arbor High-Value Homeowners Insurance policy.
Find the right agent.
An experienced agent will show you all of the homes available in your price range that include the amenities and features you desire. Ask about tennis courts, country clubs, pools, saunas, guest homes, etc. that might be available to you.
Consider the home’s reputation.
A property with a good reputation can retain its value, according to Forbes. Becoming a wise buyer entails learning about the range of values in the building, understanding why some are high in cost while others are low. Look into the surrounding neighborhoods and the home’s previous buyer history to ensure you get a good buy.
Identify the selling features of the home. Does it have high ceilings? Is it in a great school district? Are there stunning views? The same things that draw you to the home may be great resale value indicators. Furthermore, if you love the home but only see it is a temporary residence or vacation home, it’s best to determine how well it will do on the market in a few years.
Do your homework.
Rather than let the information come to you, seek it out yourself. This means hiring inspectors before purchasing, reviewing pricing history online, and determining if there are any underlying issues that would affect your decision to purchase the home. Remember, there is a wealth of information at your fingertips, so take advantage of the internet!
At Thayer-Innes Insurance Agency and Freeman Bunting Insurance Agency, we strive to provide comprehensive insurance solutions to support Ann Arbor homeowners. Our high-value homeowners’ policies can be tailored to meet your specific risk exposures and provides much more coverage than a traditional policy, giving you the peace of mind you deserve. For more information about our products, contact us today at (855) 395-6316.