Real Estate Terms - Luxury Home



Definitions of luxury home is a cut above the rest, and this means that a luxury home buyer expects to live among people of a certain grade of professional accomplishment, prominence & social standing. It is, in fact, the desire to be part of a select peer group.

This is the social environment in which luxury homebuyer wish to inhabit - the the kind of neighbors that they want to have & socialize with, and whose children they want their own children to befriend and grow up with.




In short, the term luxury denotes a very definite degree of social refinement & class to them. While it is not necessary for a luxury project to have the citys most distinguished personalities residing there, buyers still aspire to live among like-minded people from within their own social bracket and intellectual bandwidth.  
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  1. If you are entering the real estate market with little or no money as a down payment because you do not have the cash and with the idea of flipping the home for a quick profit, think again. Mortgage companies that have offered real estate with nothing down deals have learned over the past few years that sometimes when a person cannot produce a down payment this is a warning sign of their ability to continue with mortgage payments down the road. Rent Ajman one Tower

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