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Irina Karan, Real Estate Pro in 33160
Irina Karan answered:
After two weeks of negotiations, my listing realtor just told me that she is also the buyer's realtor. Should I rethink the Hubbard for this?
Hello Sharon,

Was the offer negotiated verbally or it was presented to you in person/via email?
If the offer a verbaly low offer, f.e., and your agent just ran it by you as an optio ... more
0 votes Share Flag Wed Apr 25, 2012 Home Selling in New Haven
Gerri Sutfin, Real Estate Pro in New Haven, CT
Gerri Sutfin answered:
Why are the association fees on the University towers apartments so high? And I haven't seen tax amounts for these. Are they also high.?
The fees include your taxes, heat, hot water, maintenance, etc. That pays all of your large bills which is why they are so high. The tax portion of the monthly payment is also tax dedu ... more
0 votes Share Flag Mon Apr 23, 2012 Home Buying in 06515
Irina Karan, Real Estate Pro in 33160
Irina Karan answered:
A friend told me that a home priced over 25% of the assessed value of the home is overpriced. Would you agree?
Hello Roshan,

I agree with Betsy. Zillow is often wrong, but it is good for overall trends in values.
Assessors are often behind the market place, and that's a good thing - since th ... more
0 votes Share Flag Wed Apr 18, 2012 Home Buying in New Haven
Irina Karan, Real Estate Pro in 33160
Irina Karan answered:
How do i find the best mortgage rate?
Hello Roshan,

You can check the overall rates on the internet, f.e. Bankrate.com.
But, that's not state or credit score, or loan amount specific.

That's why it's great to check o ... more
0 votes Share Flag Wed Apr 18, 2012 Home Buying in New Haven
Irina Karan, Real Estate Pro in 33160
Irina Karan answered:
If buyer brokers still make their commission off of the purchase price how will I know they'll have my best interest in mind?
Hello Roshan,

No one can "get you" to do anything you don't want. You are in control of this process (and the market, of course).

You have to get comparable sales for the property ... more
0 votes Share Flag Wed Apr 18, 2012 Home Buying in New Haven
Jessica_nels…, Home Buyer in
Jessica_nelson1975 answered:
I can't understand the New Haven tax rate to purchase a home?
Hi Joe, I just bought in New Haven a few months ago, and I went through the same shock that you did re: taxes. The high tax rate was a huge issue for us as well. According to CT state ... more
0 votes Share Flag Tue Apr 17, 2012 Home Buying in New Haven
Roshan, Home Buyer in New Haven, CT
Roshan answered:
Will if affect my credit if I go to a couple different banks/lenders to see how much we qualify for?
A couple of you mentioned it will not have a negatvie affect for a limited amount of time. How much time would that be? Suppose we don't find a house we like within that timefram ... more
0 votes Share Flag Wed Mar 7, 2012 Financing in New Haven
Gregorio Den…, Real Estate Pro in San Diego, CA
Gregorio Denny answered:
Is PMI a scam for bozo's who don't have enough cash for a 20% down payment?
Roshan,

Yes it's possible and yes, it's common.

4 ways to pay mortgage insurance
1) Lump sum up front paid cash (or a seller credit)
2) Lump sum rolled into loan a ... more
0 votes Share Flag Wed Mar 7, 2012 Home Buying in New Haven
Gillian Gold…, Real Estate Pro in Stratford, CT
Gillian Goldrich answered:
Moving to Yale for part-time graduate/post-doc studies. Looking tp buy for a 1-2 BR around Yale. Any suggestions?
Hi Raj,

As you can see from all the responses you are getting regarding your housing question for the Yale area, there are many REALTORs who can help you with your search. I am extr ... more
0 votes Share Flag Sun Feb 19, 2012 In My Neighborhood in Wooster Square / Mill River
Mina Patel, Real Estate Pro in Fort Wayne, IN
Mina Patel answered:
Is it legal for a bank to list a home for sale, accept and sign an offer with a buyer while a house is in litigation??
First of all, if a seller defaults on his or her loan and misses 3 payments, the lender usually starts foreclosure procedures. It seems as though the sellers in this case were in defaul ... more
0 votes Share Flag Tue Feb 14, 2012 Foreclosure in 06511
Robert Mcada…, Real Estate Pro in Branford, CT
Deal of the Week Click above for exclusive video   Very close to Yale and downtown New Haven, CT. This building has 9 residential units with eight 3 bedroom & 1.5 baths and one 2 bedroom unit with… Read more
Blogged Tue Feb 14, 2012 by Robert Mcadams General Area Home Buying Home Selling
Maggie Griff…, Real Estate Pro in Wallingford, CT
Maggie Griffin, REALTOR, ACRE answered:
Can I sell my home while it is in litigation for strict foreclosure?
To be honest - when a home is currently in litigation prodeedings for a strict foreclosure, that means you may have a difficult time to entertain with your bank to sell your home under ... more
0 votes Share Flag Thu Feb 9, 2012 Foreclosure in 06511
Gino Herring,…, Real Estate Pro in South Florida, FL
If you are looking to purchase a home in South Florida, perhaps I can assist you.  I am a native of the region and know the market very well.  I would be happy to help you find a home here in… Read more
Blogged Mon Feb 6, 2012 by Gino Herring, SFR, REALTOR® Home Buying Moving
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Robert Mcada…, Real Estate Pro in Branford, CT
DEAL OF THE WEEK Click the link above for exclusive video       Bank owned property for sale in New Haven, CT.   17 Lombard Street is listed for $65,190.… Read more
Blogged Thu Jan 12, 2012 by Robert Mcadams Home Buying Home Selling Foreclosure
Michael John…, Real Estate Pro in New Haven, CT
Michael Johnson answered:
how long can a house built in 1905 be expected to last?
It can last seemingly forever with regular maintenance and updates.
0 votes Share Flag Tue Jan 10, 2012 Home Buying in 06511
Eric Radziun…, Real Estate Pro in Hamden, CT
Eric Radziunas answered:
When will 500 Central Avenue be put back on the market (It is in foreclosure), and how much interior work will it need?
At this point, if the home is in Forclosure it would be up the lender as to when they release it for resale. We as agents can only keep an eye out to see when it becomes available. If y ... more
0 votes Share Flag Mon Jan 9, 2012 Home Buying in Westville
Robert Mcada…, Real Estate Pro in Branford, CT
Deal of the Week21 Byron PlaceNew Haven, CT Heart of WestvilleBank Owned for only $210KThis last sold in 2006 for $342K2023 Sq Ft, 3 Bed, 3 Bath, 2 Car Garage, .26 AcresCall/Email/Text me if you're looking… Read more
Blogged Mon Nov 21, 2011 by Robert Mcadams Market Conditions Home Buying Foreclosure
No comments Be the first to Comment
Julie Traver…, Real Estate Pro in Naugatuck, CT
Julie Traver-lucia answered:
What is the required percentage for down payments?
Good morning Sharon, I agree with the rest of the posts, you really need to speak with a few bank lenders to way all the options. The interest rates are very low and there are still pro ... more
0 votes Share Flag Fri Nov 18, 2011 Home Buying in New Haven
Robert Mcada…, Real Estate Pro in Branford, CT
Deal of the Week66 Read St, New Haven, CT6 Family Home for only $179KCall me today to learn more about this awesome investment!Positive cash flow of $27,584 per year after expenses!!!Call my cell to see… Read more
Blogged Mon Oct 31, 2011 by Robert Mcadams Market Conditions Home Buying Foreclosure
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