As a first time home buyer it is vital that you get the Mortgage for the property from a non-profit lender.
They would finance the cost of repairs and the purchase as one loan.. Having a 203k loan and a Mortgage sounds great but, its financially burdensome and can lead to disaster. You need an agent that serves your best interest financially... If you've yet to find one I'm available.... more
Waterbury is a very large city: parts are very dangerous, other parts are quite nice to live in. I live in a neighborhood that touches Middlebury, a lovely town with old-money residents; it's about a 1-minute drive away. I don't worry about crime. I do think Waterbury taxes are a crime, though!... more
If you are still looking for a realtor please contact me at (203) 558-7720. I am in Milford now but I have worked Waterbury area for years and still travel that way Wed and Fri every week to work with clients!... more
Consider looking at the number of days the property has been on the market. Generally sellers of recently listed homes are reluctant to lower their prices. On the other hand, those that have been on the market for a long time can be more receptive to negotiations.
Keep in mind the asking price may not be an accurate representation of the value for the property. This is one of the many services that a real estate professional can provide for you.
you can definitely go in with a request for closing cost credit from the seller, I have done many this year and the seller has been willing to do 5,000-8,000 depending on the offer. Please contact me to assist you further, Julie Lucia Coldwell Banker Realty 2000, 203-578-5631 email@example.com... more
Hi Miss Denisha, it really depends on the type of property you are going to make your offer on. If it is a foreclosure some banks require a certain percentage of purchase price or a min of $2,500. You can also ask for closing costs credit in your offer and depending on your type of financing you may only have to leave a $250-1,000 deposit. If you need assistance finding a home, I would be more than happy to show you some or email you current listings. Julie Lucia, Coldwell Banker Realty 2000, 203-578-5631, firstname.lastname@example.org... more