An alumnus of the Ivey Business School of the University of Western Ontario in London, Stuart Hansen serves as vice president of Marquee Asset Management, LLC, the Los Angeles-based US subsidiary of Drewco Development Corp., part of the Drewlo family of companies. Besides overseeing the company’s North American operations, Stuart Hansen is also responsible for attracting international investors, predominantly from China and Japan. Drewlo companies features a robust catalog of real estate encompassing rental apartments and townhouses, commercial, and move-in-ready (MIR) homes.
Also referred to as spec homes (short for speculation, meaning when built they do not yet have a buyer), MIR homes are homes already fitted with all essential systems, such as flooring, plumbing, HVAC, and electrical systems, meaning owners only need to move in with their belongings. They afford prospective homebuyers various benefits, including the following: Expedient Move-In While homebuyers still need to factor in the closing process and prepare for moving in, they can do so as their MIR home becomes their possession. They do not have to wait and wonder when the property they have bought will be habitable. MIR homes also eliminate the need and effort to look for a temporary residence when changing homes. Energy Efficiency and Technological Advancements MIR homes conform to state of the art building materials and practices, making them highly energy-efficient and technologically advanced. Freshly insulated walls can significantly lower the monthly utility bills and the environmental impact. And owners can enjoy tech perks such as electronic door locks, smart doorbell cameras, and Wi-Fi light switches they are unlikely to find on an older home. Minimal Maintenance and Upgrade Costs MIR homes should have all the necessary amenities and systems in perfect working order. Thus, owners will not need to spend any money to fix or upgrade them. Repairing major house systems often consumes the largest portion of a new owners’ moving budget.
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AuthorStuart Hansen is a respected real estate advisor who works with a team of experienced executives with links spanning China and the Asian markets. Archives
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