When it comes to high-end homes, there is absolutely none higher than Greenwich, Connecticut's Copper Beech Farm.

 

How high-end are we talking? Well, let’s just say that while some upscale properties might come with their own island, Copper beech comes with two. When the 50-acre property went up for sale last year, the asking price was an astonishing $190 ‒‒ so high that even Forbes Magazine took notice. By the time it sold in April, after a mere 11 months on the market, Copper Beech went for 61 percent of its asking price, $120 million, and still became the most expensive single-family home ever sold in the United States. The closing price tops the $117 million sale of Silicon Valley’s Woodside, which held the record since 2012. Some may…

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The first-time buyer is often in for a shock when it comes to getting a mortgage. What seems as if it should be a straightforward process ‒‒ you want to borrow money to buy a house, the bank wants to loan money to qualified buyers, what could be a match made more in heaven, right? ‒‒ can quickly become an overwhelming, confusing mess. Before you apply for a mortgage, here are a few things to keep in mind:

Debt-to-Income

Whether you get your mortgage at all depends largely on your debt-to-income ratio; in other words, the ratio between how much money you make and how much you will have to spend per month on the projected total costs of your house. That includes mortgage payments, property taxes, and insurances. If what you will have to pay in a…

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Buying a home with cash is not just for developers who want to buy, fix, and flip a home for profit. In fact, there are several good reasons to buy a home outright with cash if you can. Cash deals benefit you and the buyer by streamlining the process and lowering the risks of financing.

Less Expensive in the Long Run

Cash deals carry far fewer and much lower costs than mortgage financing, which carry interest with payments. If, for example, you took out a mortgage for $100,000, you could by the end of the loan's life wind up paying out $250,000. Cash deals, of course, carry no interest. You write the check, you get the keys, and your house is yours.

A Streamlined Process

Getting a mortgage can be a tricky matter. Some buyers, for example, have…

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With spring in the air, the thoughts of many homeowners have turned to their gardens. But with water restrictions still tight in North Texas, you might fear that your garden will wither in the summer sun. Well, perhaps not, if you know how to keep your garden healthy in a drought.

The Restrictions

As of April 2014, the North Texas Municipal Water District still has restrictions for landscape watering at Stage 3. This means you can water only once every two weeks with sprinklers or irrigation systems. Lack of adequate rainfall, declining water levels at NTMWD reservoirs, and the temporary loss of the Lake Texoma raw water

supply due to the zebra mussel infestation are the main reasons we're in Stage 3 and likely will be for the coming months.

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In case you haven't noticed, a lot of new people have moved into the DFW area in the past year or so. More than 100,000 people moved into the region between July 2012 and July 2013, according to the U.S. Census. In fact, the whole area has grown to a whopping 6.8 million residents since 2010, and that means a boom in the housing market that just keeps on booming.

A Good Job Market

Part of the allure for those immigrating to DFW is that the region offers a stable economy and good jobs. In fact, Forbes magazine recently ranked the Dallas-Irving-Plano section of the Metroplex the 13th best place in America to do business and work, and recognized a 2.9 percent growth rate in new jobs here in 2012, the last time the numbers were calculated.

A…

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In the United States, asphalt shingles are the preferred way to protect a home's roof. They're durable, water-resistant, and easy to replace if one goes awry. But metal roofs are an increasingly popular option for those looking to combine strength with energy savings, particularly in hot climes like North Texas.


Wait, Metal Roofs Make it Cooler?

While it may sound backwards ‒‒ especially to anyone who's ever been unlucky enough to put bare skin on a piece of metal that's been sitting out in the sun ‒‒ a properly built, properly installed metal roof could actually save you significant money on your cooling bills. Asphalt shingles soak up and hold onto a lot of heat. Soon enough, this heat migrates throughout the structure and the temperature…

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By most accounts, the first half of 2013 was a keeper.

Although July saw a slight dip in housing sales, analysts see this as just a small bump in the road, with consumer confidence remaining high.

The first part of 2013 was a banner year for both housing sales and consumer confidence. Buyer traffic in July may have dropped, but that was likely due to the increase in interest rates. With a surge in the spring due to impending interest rate hikes, the housing market has quieted down, as those on the fence are hanging back and re-evaluating their options. But that surely doesn’t spell doom for a housing market that has rallied since December.

A new Fannie Mae survey, along with a 14 percent jump in mortgage applications in July, further highlight…

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Fannie Mae and Freddie Mac, the two government-backed mortgage lenders that were part of the major housing market implosion that occurred just a few, short years ago, are now part of a debate about whether these agencies are becoming obsolete.

President Obama recently said that it may be time to “wind down” these two agencies, and Republicans in the House say that mortgages should be funded primarily by private investors. However, the Senate recently proposed a bill that would still keep the government involved in the mortgage industry, thereby allowing individuals easier access to mortgages.

What is agreed is that, if the two government agencies of Fannie Mae and Freddie Mac were eliminated, it would likely cost the consumer more to obtain a…

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Not every remodel is a good one, as is evident by the many Americans who have made remodeling mistakes that cost them big. But getting a remodel right – the first time – can make your home more comfortable, stylish, functional—and more valuable. Here are the most common remodeling blunders and how you can avoid becoming a victim of one (or more) of them:

Not Taking Care of Architectural Issues

No one wants to deal with the large stuff when tackling the remodeling job, but ignoring the large flaws in a project will make your remodel look shabby and half-completed. For example, if you are taking on a kitchen remodel, and the windows in the room simply aren’t large enough to let in the natural light for which the kitchen requires, moving forward with…

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Sure, we’d all love a sprawling bathroom that we could do cartwheels in but, unfortunately, not many of us are blessed with a bathroom of this size. Luckily, there are quite a few ways that you can turn even your small bathroom into the luxurious spa retreat you’ve always imagined it could be.

Working with size constraints may require you to be creative, but it most certainly can be done. Here’s how:

Take Advantage of Every Square Inch

Your small space should be utilized –every square inch of it! I saw a small bathroom that transformed a bump-out into a very useful linen cabinet. Think of the small nooks and crannies and get creative!

Instead of having an over-size bathtub in the space, many homeowners opt for small, corner bathtubs, which are…

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