Buying a Home: Beware of 10-20 Year Old Homes

Buying a Home: Beware of 10-20 Year Old Homes: "The summer home buying season is just around the corner and many people or already searching for a new home. When browsing the selection on hand, beware of the 10 to 20 year old homes.
Why?
Simple. The 10 to 20 year range is the time that most of the mechanical systems in a home are nearing the end of their life cycles."
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Report: Luxury Consumers Continue to Invest in Home - Consumer Buying Trends - Kitchen and Bath Design News

Report: Luxury Consumers Continue to Invest in Home - Consumer Buying Trends - Kitchen and Bath Design News: " Over the past twelve months, approximately six million luxury consumer households, or nearly 20% of the total affluent market, either bought a new or existing home or purchased a second/vacation home. That�s the finding of a recently released survey conducted by Unity Marketing, a Stevens, PA-based market research firm, which conducts regular studies into the buying habits and product preferences of households with incomes among the top 25% of U.S. households � or $75,000 and above."
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One-Story vs. Two-Story Living: The Pros and Cons

: "'As long as I can still climb the stairs.'
That's how long Gopal Ahluwalia plans to remain in the two-story colonial he and his family bought 15 years ago. He enjoys the privacy of upstairs bedrooms. Also, he says, 'When guests come over, we can hide the mess on the second floor.'
But Ahluwalia, who tracks consumer housing preferences for the National Association of Home Builders, knows that his predilection for vertical living is a less popular choice with each passing year."
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House-Hunting Strategies for Novice Homebuyers

: "First-time home purchasers -- typically young and tech-savvy -- often start their property search on the Internet. After a long session at the computer, such buyers present a roster of their choices to a real estate agent and ask to visit the homes.
But searching by computer may not be time well spent because many Web sites are not kept up to date, real estate specialists say.
Joyce M. Hill, a veteran Coldwell Banker agent, estimates that 'at least half the houses on real estate Web sites have already been sold or have offers on them.'"
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Buying a Home Foreclosures- Buying a home foreclosures makes you generate quick profit. Step-by-step process in buying a home foreclosures for quick cash.