Norwalk : Questions & Answers

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Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
What is the second best way to get comparables on a property other than hiring an appraiser?
Any local agent/realty office can provide a cma, comparative market analysis; cma's are provided free of charge by most agents.
0 votes Share Flag Sat Feb 21, 2015 Financing in 06851
Mary Ann & G…, Real Estate Pro in Westport, CT
Mary Ann & Gerald Laurita answered:
Short Sale: Wondering if an agent who has experience in short sale can help me buy a SF property at discount in some good nbhood in W. Norwalk/Wilton.
Hi Sam--Yes, we have experience dealing with short sales in Fairfield County in the areas you mentioned. I work as a team with my husband. We are both brokers and have many years of exp ... more
0 votes Share Flag Wed Aug 21, 2013 Home Buying in Norwalk
Bob Travers, Real Estate Pro in Norwalk, CT
Bob Travers answered:
What sorts of things might "special conditions apply" mean on a house like this?
It is a bank foreclosure and they have a system on how offers are submitted and responded to
0 votes Share Flag Fri Jan 27, 2012 Home Buying in Norwalk
Rich Tehrani, Home Buyer in 06902
Rich Tehrani answered:
When we see a bottom in the real estate market?
Also - do you think the new layoffs in CT and the financial sector means 2012 will not be better than 2011?
0 votes Share Flag Fri Feb 24, 2012 General Area in 06854
Linda A. Cap…, Real Estate Pro in 06855
Linda A. Cappello, GRI, ABR answered:
Area near Brookside Elementary okay?
The area near Brookside Elementary School is a lovely area and boarders Rowayton, one of Norwalk's nicest areas. That area is also close to everything with the convenience of shop ... more
0 votes Share Flag Sun Nov 13, 2011 In My Neighborhood in Norwalk
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
I am thinking of making a move from Boston, MA to Norwalk, CT. How does the standards of living compare/contrast?
Consider working with an agent of your own as he/she can provide you with all information needed--and do visit the areas of interest more than once and at different times of day, possib ... more
0 votes Share Flag Sat Jan 15, 2011 General Area in Norwalk
Caroline York…, Real Estate Pro in St Petersburg, FL
Caroline York Mortell answered:
I put in an offer for a rehab foreclosure. It was a low-ball offer because the fha203k includes construction costs. Do banks take forever to respond?
Yes. However they get back to you sooner on a bank owned property than they can on a short sale. If it is a pre-foreclosure and your contract is with the seller, but final purchase de ... more
0 votes Share Flag Wed Aug 26, 2015 Foreclosure in Norwalk
Kent Gagon, Real Estate Pro in Tempe, AZ
Kent Gagon answered:
Can I still get an 80-10-10 or an 80-15-5 in CT or are these extinct?
Scott,
If you can find a lender that is willing to give you a loan like that please forward the information onto me. They have been extinct for a while now.
Good luck
0 votes Share Flag Wed Apr 17, 2013 Financing in Norwalk
Scott Godzyk, Real Estate Pro in 03109
Scott Godzyk answered:
Can you translate "24 triple net" as a retail price please?
This is known as a triple net lease, you would be paying $24 sq foot plus all ongoing expenses such as taxes, utilities, insurance, maintenance and repairs. The lease agreement will spe ... more
0 votes Share Flag Tue Feb 16, 2010 In My Neighborhood in Norwalk
Dianne Hicks, Real Estate Pro in San Diego, CA
Dianne Hicks answered:
Should I use a small independent office or a large franchise?...that is the question!
I am not from a small independent office but I would repsond with it does not matter how big or small, you are hiring a specific agent for the task. It does not matter how big or small ... more
0 votes Share Flag Tue Feb 2, 2010 Home Selling in Norwalk
Cristhian Ga…,  in 06850
Cristhian Gambini answered:
Loan Modification Companies
LOAN MODIFICATION: CHAMPION CREDIT SERVICE

This is Champion Credit Service. We have been helping homeowners obtain mortgage loan modifications for the past 3 years now. Also, we hav ... more
0 votes Share Flag Sat Apr 16, 2011 Foreclosure in Norwalk
Linda A. Cap…, Real Estate Pro in 06855
Linda A. Cappello, GRI, ABR answered:
I have a two bedroom rental availalbe in Norwalk CT. Are there contracts available where I can continue to show as well as realtor? Also, are there
Hello Leah,

Yes, there is a listing agreement that also allows you to rent the property yourself, in addition to having a Realtor list it on the MLS and yes, I work with both Section ... more
0 votes Share Flag Sun Mar 2, 2014 Rentals in Norwalk
Leo Cardoso, Real Estate Pro in Stamford, CT
Leo Cardoso answered:
Do auditors use this same type of zip code information, medium pricing and price per sq foot, when valuing a home?
You are absolutely correct. I've recently had two deals in which buyer and seller agreed on a price but the bank appraisal came back a bit lower. The banks would not give buyer the ... more
0 votes Share Flag Sat Oct 17, 2009 Market Conditions in 06851
Michelle L.…, Real Estate Pro in Niantic, CT
Michelle L. Mayo, ABR, SRES answered:
Can I chose to waive rights to an attorney for home purchase in Connecticut?
You could, but why would you want to? Do you know how to do a title search? How about title insurance? Will you know where to purchase it? Are you familiar with all the necessary ba ... more
0 votes Share Flag Sat Aug 11, 2012 Home Buying in 06854
Linda A. Cap…, Real Estate Pro in 06855
Linda A. Cappello, GRI, ABR answered:
How do real estate taxes in Norwalk compare to Bridgeport?
Hello,

The taxes and mil rate in Norwalk is lower than Bridgeport, meaning that yes, the taxes in Norwalk are less than in Bridggeport, however...

You get more house for your mone ... more
0 votes Share Flag Tue Jul 21, 2009 General Area in Norwalk
Minna Reid, Real Estate Pro in 06107
Minna Reid answered:
what is the redemption period for foreclosued houses in ct? (stamford norwalk)
There is no standard time in CT. It's up to the court to decide.
0 votes Share Flag Tue Feb 2, 2010 Foreclosure in Norwalk
Laura Feghali, Real Estate Pro in Stamford, CT
Laura Feghali answered:
I was wondering if the houses on Chatham Drive were built on swamps?
Hello Afrodite,
There is no evidence that suggests that the neighbohood on and surrounding Chatham Dr. is on wetlands. The closest body of water is a brook at least a 1/4 mile to ... more
0 votes Share Flag Tue Jun 16, 2009 Home Buying in Norwalk
Samuel Gabe, Real Estate Pro in Darien, CT
Samuel Gabe answered:
Average days on market for norwalk ct real estate
Debbie,
I just posted charts representing the average days on market for single family and condominium properties in Norwalk CT in my blog. Check it out and don't hesitate to contact ... more
0 votes Share Flag Tue Feb 2, 2010 Home Selling in Norwalk
Marcie Berson,  in Fairfield, CT
Marcie Berson answered:
CO-OP housing - good OR bad??
Co-ops are much less common here in Fairfield County than they are in major cities, such as New York, so people are not as familiar with them and that can make them seem "risky". When ... more
0 votes Share Flag Sun Jul 12, 2015 Home Buying in Norwalk
Randi Hutton, Real Estate Pro in Westport, CT
Randi Hutton answered:
May be transferred to Ridgefield from Chicago. Is Norwalk to far to commute from??
Hi Paul,
First of all, "too far a commute" really depends on what is your ideal commute timeand acceptable/non-acceptable commute time. If your business is located in northern Ridgefie ... more
0 votes Share Flag Wed Jul 15, 2009 Home Buying in Norwalk
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