Yes, people are buying in these price ranges, most are not financed, but not all of it anyway.
Some buyers in this price range use financing through channels that are not available to others.
One of the questions we get from time to time is how much wiggle room is there in a real estate listing that is priced in the range of 10 million dollars and up.
I always respond that depends. It depends on where the comparable listings are with relation to the home our buyer is wanting to purchase.
Sometimes, when you get into these Mega Price Ranges, it pays to get your own appraiser to valuate the property.
This is going to include things that a Realtor will not do, determining square footage and checking that the applicable permits were not only pulled for the construction, but were signed off as being completed.
Be safe – if you are interested in real estate, not only in these price ranges, but any, reach out to REMAX of Valencia CA’s Paris911 Team.
Search well and let us work for you.
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