Home Buying in 06532 : Questions & Answers

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Julie Traver…, Real Estate Pro in Naugatuck, CT
Julie Traver-lucia answered:
Fellowship income and the underwriting process
Hi T_phD, I would suggest you speak with a local lender and i can suggest a few, please contact me and I would be more than happy to supply you with their information. Once you and your ... more
0 votes Share Flag Fri Apr 12, 2013 Home Buying in 06511
TOP END Prop…, Real Estate Pro in Orange, CT
TOP END Properties answered:
Buying a apt or studio in downtown
If you want to resell it quickly .. you either have to buy at a deep discount, or take a loss when you resell (don't forget Realtor commissions, closing costs, financing costs, etc). I ... more
0 votes Share Flag Wed Mar 13, 2013 Home Buying in New Haven
Donna Bigda, Real Estate Pro in Branford, CT
Donna Bigda answered:
I have forgotten where Ocean view is, please provide surrounding streets.
Gail....Ocean View Street is right off of Lighthouse Road. Surrounding streets are Clifford Terrace, Shepard Ave., Morris Ave. and Meadow View Street just to name a few. Ocean View is n ... more
0 votes Share Flag Tue Feb 19, 2013 Home Buying in East Shore
Donna Bigda, Real Estate Pro in Branford, CT
Donna Bigda answered:
Where is it in retrospect to Lighthouse Rd, where I grew up?
Gail....Ocean View Street is right off of Lighthouse Road. Surrounding streets are Clifford Terrace, Shepard Ave., Morris Ave. and Meadow View Street just to name a few. Ocean View is ... more
0 votes Share Flag Mon Feb 18, 2013 Home Buying in East Shore
Michael Huff…, Real Estate Pro in 80128
Michael Huffman - answered:
how long to process mortgages a house???
The length to process a mortgage could vary from lender to lender. I would suggest contacting multiple lenders in your area to find one that suits your needs.

Michael Huffman - Real ... more
0 votes Share Flag Sun Jan 6, 2013 Home Buying in New Haven
TOP END Prop…, Real Estate Pro in Orange, CT
TOP END Properties answered:
if i don't have any credit,can i mortgages a house??? how much for down payment if i don't have any credit???
You need to have good credit.
0 votes Share Flag Sun Jan 6, 2013 Home Buying in New Haven
Suzanne MacD…, Real Estate Pro in 07856
Suzanne MacDowell answered:
If my house was sold on auction, can I buy it back while transfer had not yet gone through?
Most states have a redemption period during which the owner can redeem their home. Contact a lawyer to find out the details as far as time frame and requirements.
0 votes Share Flag Sat Dec 8, 2012 Home Buying in New Haven
Jacques Ambr…, Real Estate Pro in 11375
Jacques Ambron, CRB CBR SFR answered:
What is the area like and is it a mixed neighborhood?
Real Estate agents are not permitted to address questions such as these. Best bet is to spend some time in the neighborhood and see if it appeals to you
0 votes Share Flag Wed Nov 21, 2012 Home Buying in Westville
David Rossi, Real Estate Pro in New Haven, CT
David Rossi answered:
Is 06511 a good place to buy a residential rental investment property? What is the vacancy rate?
Vacancy rates vary depending on which part of New Haven you are in. In general, rents have risen this year and apartments rent fast if priced right.
0 votes Share Flag Thu Dec 6, 2012 Home Buying in 06511
TOP END Prop…, Real Estate Pro in Orange, CT
TOP END Properties answered:
When it comes to the appraisal and home inspection I (the buyer) know that I am the one paying for them off the bat. Can I pay in cash?
Anyone can pay .. cash shouldn't be a problem but you should ask the inspector.
0 votes Share Flag Fri Aug 31, 2012 Home Buying in New Haven
Eric Radziun…, Real Estate Pro in Hamden, CT
Eric Radziunas answered:
52 Florence Ave. I noticed that the neighboring homes say multiple occupancy. Can anyone clarify what that means?
Good Morning KPerry14,

A few of the homes in the area of 52 Florence Ave are Multi Family homes, meaning they have separate living spaces. Some of these spaces may be next door to on ... more
0 votes Share Flag Mon Aug 27, 2012 Home Buying in New Haven
Frank Alvara…, Real Estate Pro in New Haven, CT
Frank Alvarado answered:
I am looking for a real estate agent to help me look for homes to buy. I am in the pre-approval process and am looking in the New Haven area.
Hi,

I would like to help you find your next home, Visit my Trulia profile and contact me if you would like more information on the home buying process. I have helped many clients buy ... more
0 votes Share Flag Fri Aug 17, 2012 Home Buying in New Haven
Teresa Fripp, Real Estate Pro in Hamden, CT
Teresa Fripp answered:
A house that I am looking at on Woodward Ave in New Haven has a much higher asking price than assessment value. Is that normal, are the two connected?
The assessment value is usually lower than the market value of the home, however the market value and asking price should be close in price.
0 votes Share Flag Fri Aug 17, 2012 Home Buying in Annex
David Carr, Real Estate Pro in New Haven, CT
David Carr answered:
Do realtors have info on how much shadow inventory banks are holding in New Haven?
Nobody knows that but the banks and the home occupier(s), it's the wildcard....Connecticut fares better in historical ratios of forclosure activity than 33 of 50 states in the US...... ... more
0 votes Share Flag Thu Aug 30, 2012 Home Buying in New Haven
David Carr, Real Estate Pro in New Haven, CT
David Carr answered:
A couple questions about the CHFA program...
Too much to post .........I have a yale homebuyer right now, and a CHFA originator I work with if you want more info............CHFA can be 100% financing.........Dave 203.654.2905
0 votes Share Flag Thu Dec 6, 2012 Home Buying in 06511
Jeffrey Gran…, Real Estate Pro in 06511
Jeffrey Granoff 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.?
Hi, Jeff Granoff here, from GRL & REALTORS, in New Haven. The reason the monthly fee is higher than expected for a condo is because it also includes heat, hot water, and property taxe ... more
0 votes Share Flag Mon Apr 23, 2012 Home Buying in 06515
Joe, Home Buyer in New Haven
Joe answered:
I can't understand the New Haven tax rate to purchase a home?
Please only respond if you understand the specific New Haven market.

Thank you to all you out of towners, don't stop assisting us idiots, but I need local help here..
0 votes Share Flag Tue Apr 17, 2012 Home Buying in New Haven
Michael Emery, Real Estate Pro in Minneapolis, MN
Michael Emery 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?
Well I must be the worst agent in the world. I advise my clients to spend less than what they're qualified by their lender. My advice is always spend as much as you are comfortable ... more
0 votes Share Flag Wed Apr 18, 2012 Home Buying in New Haven
Julie Traver…, Real Estate Pro in Naugatuck, CT
Julie Traver-lucia answered:
A friend told me that a home priced over 25% of the assessed value of the home is overpriced. Would you agree?
The assessed value is usually 80% of the appraised value. Depending on the area, condition and age of the home should all also take a play in the pricing of a home. I would be more tha ... more
0 votes Share Flag Wed Apr 18, 2012 Home Buying in New Haven
A, Real Estate Pro in Connecticut
A answered:
How do i find the best mortgage rate?
Call Joann Flanagan @ 203-592-1333 she can give you great advice on the mortgage process and very good rates also?
0 votes Share Flag Wed Apr 18, 2012 Home Buying in New Haven
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