Homes come in a variety of sizes, shapes and forms. Broadly you will come across the following basic types of homes and their variations.

1. Single Family Homes
2. Townhouses
3. Condos
4. Lofts

Single Family Homes

By far the most common form of housing in America is the single family detached home. These types of homes range from 600 square feet bungalows to 6000(or more) square feet sprawling mansions.

The most important difference is that single-family dwellings sit on their own piece of land (which is sold part and parcel with the home) and it is not attached to anyone else’s residence.

Townhouses

Townhouses are the “middle ground” between a detached single family home and a full-fledged condominium because, to some degree, they have features of both.

A townhouse is a home that is attached to one or more other houses, but which sits directly on a parcel of land that you also own (if you don’t own the land, it is a condominium). Townhouses can range from duplexes and triplexes, all the way through to huge townhouse communities consisting of hundreds of similar homes.

In the case of larger townhouse communities, you will generally have a shared ownership in the common areas of the complex as well as any amenities such as swimming pools, park areas, etc. This ownership you will share jointly with all other townhouse owners in the complex.

These homes are a little less expensive then the single-family homes as some of the facilities are shared.

Condominium:

In Condominiums ownership your ownership extends inward from your interior walls, floors and ceilings. In addition to that, you are a joint owner, with all of the other owners in the complex, of the exterior structure (the foundation, exterior walls and roof) as well as any common areas and amenities (for example, swimming pools, clubhouses, tennis courts, play areas, etc.)

One of the requirements of condominium ownership is the payment of a monthly condo fee. This is used for the maintenance of the whole external complex and its facilities. The maintenance of your own apartment is of course your responsibility.

By far this is the most affordable in terms of a new house and facilities combined, as you only own the apartment itself but not the land on which it stands. The land is the joint ownership of all the members of that block.

Lofts

Other types of homes include the loft. Converted from old warehouses and factories they are also called hard lofts. These lofts consisted either of the harder edge of concrete construction or the exposed brick structures with original wooden posts, beams and floors. The lofts give one a feeling of air and space because of their high ceilings and large windows.

With most old factories and warehouses having been already converted, developers are now turning to constructing new buildings resembling lofts to meet the demands for this type of houses. These are called soft lofts - they are very similar to the hard lofts, but they are not the original vintage lofts.

Lofts are the most affordable as they are not fully constructed, but only converted living spaces using the outer shell of existing factories and warehouses.

You will find many variations of the above types of homes, but the basic types are the same.

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The new Forbes magazine’s annual ranking of the incredibly rich lists 587 billionaires worldwide. Florida is fielding in its wealthiest at the 25th rank in the person of John Werner Kluge of Metromedia with estimated net worth valued at $9.1 billion. Kluge settles in Palm Beach where most of Florida billionaires huddle.

Including Kluge, Florida possesses a combined net worth of approximately $40-billion fielded in by 16 billionaires. Most of them are entrepreneurs while a crop inherited family businesses that they grew. The trade ranges from nondairy coffee creamer to sport team franchises, carnival cruises to vast plantations.

Two women join the rank and happen to be siblings. With a net worth estimate of $5.9-billion acquired from Miami’s Carnival Cruise Lines, the world’s largest cruise ship company, Micky Arison is No. 2 in the state behind Kluge.

Sister Shari Arison — the youngest Florida billionaire — relocated from Israel to Miami after taking some heat for financial woes at her Bank Hapoalim and saving some $4.6 billion net worth asset, making her Florida’s No. 3 billionaire.

The oldest, at 92, is Palm Beach’s Robert Rich Sr. still able at 5th position with a net worth of $1.9 billion obtained from the ubiquitous nondairy coffee creamer which he started in 1960.

While Palm Beach is loaded with the ultrarich, two of Florida billionaires reside in the Tampa Bay area. Bill Morean, chairman of St. Petersburg contract electronics manufacturer Jabil Circuit, has an estimated net worth of $1.3 billion.
The other one is the former owner of pro football’s San Francisco 49ers, Edward DeBartolo with a net worth of $1.2 billion, mostly acquired in shopping centers.

America’s biggest private landowner Ted Turner is in contention at No. 4 with $2.4 billion. The former CNN and Atlanta Braves owner still takes a hefty portion of Time Warner. The once broadcasting honcho has since shifted his residence to his Florida plantation near Tallahassee.

While most Florida billionaires acquires assets by maintaining a flagship business, the self-made George Lindemann and family amassed $1.2-billion net worth assets from diverse investments including contact lenses, cable and gas.
George Lindemann is married with three children. The family positions at No. 12 in the Florida billionaires list and 512 in Forbes world roll.

George Lindemann finished his Bachelor of Arts/Science at the University of Pennsylvania Wharton School. The Wharton grad acquired his fortune in 1971 through selling contact-lens-design Company to Cooper Labs for $60 million.
Thereafter, George Lindemann accumulated a string of astute investment outputs to include the landmark acquisition of New Jersey cable licenses. In 1982, the family sold Vision Cable for $220 million and put up cell phone venture Metro Mobile. In 1992, the flourishing cell phone business was sold to Bell Atlantic for $2.6 billion.

George Lindemann’s judicious business sense took a notch smarter with the purchase of pipelines from Enron in bankruptcy, via natural gas distributor Southern Union. Billionaire George Lindemann and family now hold 28 percent of Southern Union and steered Enron to a third-largest pipeline owner in the nation today. The family also has a large stake in Verizon Communications.

Other Florida billionaires include Wayne Huizenga noteworthy for the successes of Waste Management, Blockbuster, and AutoNation and accumulated an estimated net worth of $1.8 billion. Also at $1.8 billion mark is S. Daniel Abraham who sold Slim-Fast nutrition drinks to Unilever in 2000 for $2.3 billion.

The former owner of the Tampa Bay Lightning hockey franchise and now term life insurance magnate Arthur Williams Jr. has earned $1.5 billion. Not far at $1.4 billion is James Moran whose JM Family Enterprises controls the world’s largest privately held Toyota distributorship

Brothers James and William France, each with $1.2-billion control major NASCAR racing properties, including the Nextel Cup. Meanwhile, the founder of Campbell Soup secured a sizeable inheritance for his granddaughter Charlotte Colket Weber with net worth of $1.1 billion.

To learn more about Billionare George Lindemann, visit author Neil Crespi, an avid tracker of wealth and prestige, at http://neil-crespi.blogspot.com/.

Source: High Quality Article Database - 365articles.com