A housing-market upturn means lenders are luring some upscale home buyers with tempting deals on mortgages; incentives include lower rates and looser qualifying rules, but wealthy home buyers should consider the cost of concessions.
A villa in the French Riviera lists for $101.9 million; a penthouse in Manhattan's Puck Building sells for $27.5 million; and a historic waterfront property in Annapolis, Md., hits the market for $13.1 million.
Some of the nation's largest banks will offer loans that don't conform to new gold-standard lending definitions under sweeping mortgage regulations set to take effect next month, reversing course after industry leaders had earlier suggested that banks might further curtail lending.
Edina Realty is one of the nation's largest real estate companies with REALTORS® serving the Twin Cities, greater Minnesota and western Wisconsin. Edina Realty agents have been guiding home buyers and sellers since 1955 and today our family of companies provides expertise in home buying and selling, title closing and mortgage loans. Search active and sold property information from MLS listings on edinarealty.com, including foreclosures and short sales, open houses and lakeshore properties. Edina Realty is a subsidiary of HomeServices of America, whose operating companies include CBSHome Real Estate, Koenig & Strey, HOME Real Estate, Iowa Realty, Prudential First Realty and more.
Edina Realty is one of the nation's largest full-service real estate companies with REALTORS® serving the Midwest from Fargo, North Dakota, throughout the Twin Cities, Southern and Northern Minnesota and into Western Wisconsin. Our agents have been guiding home buyers and sellers through the home buying process since 1955 and today provide expertise in property buying and selling, title closing, mortgage loans, new home construction and relocation assistance. EdinaRealty.com offers easy-to-use property search tools with the ability to search home listings as well as properties in foreclosure, open houses and sold homes.