5 Tips for Buying a Multimillion Dollar Mansion
June 21, 2012 by Doors Of Your Life · Leave a Comment
The ultra-high-end real estate market is sizzling in spite of a weak general housing market, meaning if you’re in the market for a trophy home, now’s a good time to sell.
But buying a home with a price tag of more than $3 million can prove to be a bit trickier than navigating the run-of-the-mill real estate market. There are pre-approval letters, specialized luxury brokers, and the ordeal of proving you’re a legitimate buyer.
We spoke with Chris and Arlene Gonnella with Gonnella Realty, a Wall Street Journal top 100 real estate firm, to gain some insight into the best ways to begin the process of purchasing a luxury home: 1. Do your research. 2. Get a qualified broker. 3. Get a pre-approval record. 4.Be ready to divulge details about yourself. & 5. Take a mortgage.
Read the full article here: http://realestate.aol.com/blog/2012/06/18/5-tips-for-buying-a-multimillion-dollar-mansion
