Rich People Expanding Their Home Bases
According to the people at Coldwell Banker, some wealthy homebuyers are expanding their home bases, combining parcels to gain privacy, security, water frontage, space for guesthouses, staff housing, gyms, spas, gardens, and sports courts. Some are also purchasing nearby land to preserve views or prevent future development. “Landmaxxing,” according to Coldwell Banker, is the practice of wealthy buyers building private compounds by acquiring nearby residences and empty lots.
The post Rich People Expanding Their Home Bases appeared first on Top Ten Real Estate Deals - Condos for Sale.
Categories
Recent Posts
Simone Biles & Jonathan Owens’ Temporary Home Sells In Six Days
Helping buyers look beyond the 55-plus label
Homeowners report greater financial satisfaction
Appeals Court Upholds Dismissal of NAR Suit
America’s Best Small Towns
Joe Jonas’ Apartment With Lipstick-Red Bar
RE Q&A: Can Landlord Keep a Security Deposit for ‘Repainting and Cleaning’?
Navigating Florida’s New Septic System Requirements
Present Subsequent Offers After Buyer & Seller Under Contract?
Escrow dispute? Legal fees can reduce the deposit
