Trulia Community - Advice from neighbors and local experts

Find Your Community
We couldn't find that location. Please try again.
Get Expert Advice

Gales Ferry : Real Estate Advice

  • All12
  • Local Info2
  • Home Buying3
  • Home Selling2
  • Market Conditions1

Activity 14
Mon Feb 6, 2017
There is no restriction saying you can't get an FHA loan with also having a VA loan as well. You just can't generally have 2 VA loans or 2 FHA loans outstanding at the same time.

However, you would need to qualify for the new loan AND the existing loan payments, along with all your other debts. And unless you have 25% or more equity in the VA home and are moving at least 100 miles away, rental income from the VA home cannot be used/considered when qualifying for the new home.

If you can qualify for another home considering those factors, then nothing keeping you from pursuing a single family home for yourselves using the FHA purchase program. Hope this helps! Let me know if you could use assistance getting pre-approved!
... more
0 votes 1 answer Share Flag
Thu Dec 31, 2015
Diana Hellman answered:
Agents post on Trulia although others can post on Zillow. I'm not sure whether it is shown on both websites now that they are owned by Zillow. Most established real estate agencies automatically market on all the major websites. ... more
0 votes 1 answer Share Flag
Mon Feb 16, 2015
Heather Crabtree answered:
Hi Pamela,

It is possible to buy using CHFAdap where essential you can buy for 0% down..... the program does have income restrictions though... you can look for rent to own but you will probabaly pay more for rent than your mortgage ...
you can call me at 203-558-7720 I would be more than happy to try to help you
... more
0 votes 1 answer Share Flag
Sat Jan 18, 2014
Greg Hanner answered:

That property is not for sale. You can see it's under "Sold" category in the web address you provided. There are 5 homes
0 votes 1 answer Share Flag
Sat Aug 17, 2013
Terry Gillis answered:
Wed Apr 28, 2010
Dan Chase answered:
The town sets up a budget. (as an example consider the following) They need $1,000,000 to run. They have 1,000 houses in the town all identical and worth the same amount.

If each house would sell for $10,000 they will have to pay $1,000 to fund the town.
If each house was worth $1,000,000 they will each have to pay $1,000 to fund the town.

The mil rate will almost certainly drop only after house prices rise enough to allow the town to take the same amount of money based on a higher house value. It makes no sense to think otherwise.

Even if the mil rate drops expect (in real life) taxes ($$$) paid to go up. There is no way to avoid it unless more expensive property comes into town without adding to town expenses.
... more
0 votes 3 answers Share Flag
Mon Apr 12, 2010
Jan asked:
buyers to pay each year or is it every six months in Ledyard? Thanks for you honest answers here.
0 votes 0 Answers Share Flag
Mon Apr 28, 2008
Stacey Brown answered:
I usually love to give analogies, but I can't find one or this. If I were showing the house, I would probably ignore it, but my clients may pick up on it. Also, if I had the lsiting, I would recommend to my client that the sign may do them better down than it does the community to be up. ... more
0 votes 13 answers Share Flag
Mon Nov 5, 2007
Joe Fasone answered:
If you think yours needs to does. Spend a few hundred dollars already! For more candid advice ask a true pro, Joe Fasone 203-772-5712
0 votes 17 answers Share Flag
Wed May 23, 2007
Liane Jamason answered:
It depends what state you are in. Here in Tampa Bay, there are lots of new home communities with 5+ bedrooms for under $500,000. Email me if you'd like me to send you some home searches via email so you can see what I mean. is my email! ... more
0 votes 3 answers Share Flag
Thu May 17, 2007
Furhad Waquad answered:
Open House is a very effective tool in exposing the home to prospective customers. As a listing agent I have strongly believed in the value of open houses. It is also a service that our sellers have come to expect of the listing broker in our area, as may be the case in other areas also. While open houses alone are no guarantee, but they do form an important part of the marketing plan to sell the listing. ... more
1 vote 43 answers Share Flag
Thu May 17, 2007
Stacey Brown answered:
Weather can be a factor, especially in the winter. People find it difficult to travel around looking at homes when it is below freezing, windy and icy.
0 votes 5 answers Share Flag
Thu May 17, 2007
Linda Davis answered:
Back in August of 2006, several insurance companies in Connecticut began to require hurricane shutters if your home was within 3/4 mile of the shoreline. A number of homes in the Gales Ferry area would fall into this radius. Since then there has been some relaxation of this requirement. It is important to shop around since many if not most insurance companies have not made this a requirement. ... more
1 vote 1 answer Share Flag
Wed May 16, 2007
Linda Davis answered:
You can drive to Hartford in about one hour from most towns in the State of CT. It takes about 2 hours to get from one end of the state to the other. On another note, Gales Ferry is about 2 hours from NY City and 2 hours from Boston. ... more
2 votes 1 answer Share Flag
Search Advice
Gales Ferry Zip Codes