There is another factor that no one has touched upon. I am a Plumber and I have spent many years earning a reputation amongst the local builders and plumbing inspectors as being a stickler for detail, to the point that often an inspector comes on the job site and when he or she sees me standing there they barely go through the motions of an inspection, relying upon the fact that they know my work. In return, I can command top money amongst the builders and I am still in high demand because they know that I will get the job done on time, in budget and have no follow-up problems. Along comes Mr & Mrs gotlotz acting in the stead of a competent GC and they immediately begin giving me attitude. NO problem. The first thing out of their mouth is that they will not settle for the quality of work we do on tract homes. Fine with me, never let it be said that I cheated you out of your bragging rights, I just add an additional 10 or 15% aggravation fee for putting up with the attitude. The quality of the work speaks for itself.

Wow, this has turned out to be a fascinating read! I am the OP and thank everyone for posting about their experiences and ideas and philosophies of furniture acquisition. :-) Sorry I disappeared for several days but work gets a bit hectic at times, and I'm just now resurfacing. So, using the amazing powers of the internet, plus speaking to some friends and family members who have decorated in a taste and style that I like, I came up with a preliminary budget. After interviewing several people, we picked one, and so far we are very happy with her. She has been very communicative - looked at the photos of the things we said we liked, and the room photos (from magazines) that project the "feel" we want, and she has been suggesting appropriate lines and pieces. And yes, I did want to discuss budget with her, so we would be on the same page. I do NOT want to even look at a $7000 coffee table - the one we currently have has a constant parade of tiny fingerprints on it and bits of goo, and I just can't imagine worrying about a piece like that, which is SOOO perfect in size for kids to put their coloring books and sippy cups on. It would be terrible to be a child in a house and not be able to use the coffee table because your parents spent a ridiculous amount on it and don't want it to be used! She actually did say that she was appreciative of the budget guidelines during the interview. After we hired her, she suggested I look at the websites of a few companies (that I'd never heard of) and I've seen some pieces that look nice, so we will plan some shopping trips together to a design bldg (I think she said Lexington near 34th St, need to check my notes) when work slows down, and maybe the same day or another one, we'll go to the Decorator's bldg near Bloomies (on 3rd Ave) as well. For you NYers or frequent visitors to NYC out there, you might already know these places and it would be interesting to hear your thoughts on "can't miss" showrooms... Even if a place is astronomically priced, I don't mind walking in and looking around as you can glean some inspiration from it. The one place I told her I'd been to several times already during our reno is the A&D bldg, b/c there were a lot of kitchen/tile/plumbing type stuff there, and just a few furniture places which I'm already familiar with, so no need to visit that one together. She did not give me the impression that she will waste our time (yes, we are paying by the hour, with a small commission on the furniture) - she seems very organized and efficient. I do think this is fair, b/c her hourly rate is quite reasonable, and in total, the hours this will take are not huge. She also lives in NYC, and honestly, to make enough to live here, I do think the commission to the decorator is necessary, so we have no problems paying that.

If you own less than 2 years (NJ) you have to pay tax on the profit - lower selling price then would mean less taxes in that case. Also if a house here is over 1.0 Million (or within 10-15% of that) no one wants to pay the 1% mansion tax (if it is 1.0 Million or more) - sort of like throwing $10,000 out the window - neither seller nor buyer benefits. In that case buyers or sellers might offer to pay closing costs, real estate transfer tax or agent commissions - with the lower selling price.

loves2read, You might consider asking this question in the building a home" forum...folks there might have a better feel for what you are asking...