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Home Buying in Stratford : Real Estate Advice

  • All67
  • Local Info15
  • Home Buying21
  • Home Selling4
  • Market Conditions3

Activity 19
Mon Jan 16, 2017
Dl4037 answered:
I am selling a home had septic tank pump and service three years ago ,buyers credit union want septic tank inspections . what does this consist of?
0 votes 20 answers Share Flag
Tue Apr 21, 2015
Charlise Philibert answered:
It really depends on the condition of the property and also size of the unit, etc. However, as a range I would say anywhere from $1,000-$1,600 is a fair estimate. It could be a bit less or more depending on other criteria. For example, a first floor vs a third floor unit will vary in price as well as condition inside and outside. Whether it is a full house or an apartment for rent, etc.
Hope this helps!

-I am a local agent and also live in Stratford myself...if you need any assistance, let me know.
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1 vote 1 answer Share Flag
Thu Mar 12, 2015
rd3882 answered:
There is a formula used for estimating the number of homes that will be for sale in a condo community or any other group of houses of one particular type.

s = N/AvgResYears x AvgSellMonths/12

The estimated number of units for sale is the number of total units divided by the average time people live in the units times the average months on market divided by 12. So for Oronoque village the estimate is
s = 900/10 x 5/12 or about 37. There are no surprises if 40 units are for sale. The question might better be looked at in the underlying numbers... Why is time of residence only 10 years? Ted gave the main reason -- this is a 55+ community and these folks are old. Add to that, many of these folks are snow birds and use the Connecticut condos as transition downsizing homes on their way to warmer climes; 10 years is an understandable number. Why 5 months for the sell cycle, which is a little long? The recovery of the condo market post 2009 real estate crash is slower than for purchased housing. So it's slightly long. But there is nothing odd or sinister in the number of units for sale.
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0 votes 4 answers Share Flag
Thu Sep 25, 2014
Timothy Piedmont answered:
You could ask to be released from the contract with your agent if you are truly unhappy. No guarantees on that though. At the very least, you could ask the brokerage/company who you actually are contractually obligated to work with to have another agent assigned to you. This will at least get your true feelings out there as to your concerns with your current agent.

That being said, what are the comparable home prices around the home telling you?! What is driving you to offer that amount? You only get one chance with a short sale in terms of a low number offered and since (unlike a regular sale), you are not hurting anyone's feelings with a lower offer, you don't want to leave any money on the table. Offer less.

With regards to how much it will gain in equity....two major driving factors on that are the market conditions but also what you do to the home. IF the home is already in great condition, then it will need the market to raise the value. IF you have to do a lot of work to the home, then you can put a lot of sweat equity as well as real equity into the home thus raising the value ALONG WITH the increase in market value.
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0 votes 1 answer Share Flag
Wed Jun 19, 2013
sandrazalik answered:
Hi Sandie,
I have a beautifully restored 3 BR home in Stratford for sale. The inside is completely renovated, very clean, and totally move-in ready. It is loaded with charm (stained glass, columns, original woodwork). It is in a very convenient location for busy people. It has a good sized basement, but it is not finished. If you would like to see it, please call me at 203-321-6300.
Kind regards,
Sandra
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0 votes 6 answers Share Flag
Sun Feb 17, 2013
Sam Granata answered:
Mimi, I agree with Ted. I've lived in Stratford my entire life. The majority of my clients are investors in our area and, like Ted mentioned, this is a decision that needs careful consideration. Sit down with someone that has the knowledge to help you understand everything that comes along with being a landlord and investor and work everything out before you make this decision. ... more
0 votes 3 answers Share Flag
Tue Nov 27, 2012
Tara Stirk answered:
Hello, if you are still looking for a rental please contact me directly. 203-650-3180, I work with many landlords.
0 votes 2 answers Share Flag
Tue Oct 16, 2012
Rich Patterson answered:
Lease/Purchase deals are a good option in today's market. You can be very creative. There are a lot of variables in the arrangement so make sure you have somebody representing you that has experienced. Good Luck. Any qquestions, you can contact me at StratfordCtHomes.com. ... more
0 votes 3 answers Share Flag
Tue Aug 7, 2012
Ted Kostzewski answered:
If you go to the Stratford Town Hall, you can pull up the field card electronically and see what activity has caused this error. The people are very helpful and can explain anything you don't quite understand . With you being right there, chances are it can be straighted out right there. ... more
0 votes 2 answers Share Flag
Fri May 11, 2012
Elizabeth Leonardo Schwendeman answered:
The range I believe is between $350 and say $850....and depends on the size of house, and even perhaps condition....I have two men for you that I have used...tops is Rick Holbeck 203-249-2297, next is Mike Powers at Pro=Chek..800-339-5050...call if you have anyother questions I can either answer or perhaps research for you. 203-622-9205 ... more
0 votes 6 answers Share Flag
Tue Dec 6, 2011
Alexandra answered:
I don't agree with Williams answer at all on avoiding the 95 area. Each person has their own personal preference and what they are looking for. Northern parts of Stratford are your more suburban areas; the southern parts of Stratford are more connected and are convenient to a lot of things. You can live in a nice area that is very close to charming restaurants and shopping. The southern area around 95 is very historic and offers a different type of house. So again it all depends on what you prefer. When buying my house I found it best to visit the house at all different times of the day to see what the area was really like. I also went around the neighborhood and met that people I would be living next to, you can get a pretty good vibe of what you are getting yourself into. They can also give you a good perspective on the area such as safety where your realist person is restricted in these areas.

Good luck with your home search!
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0 votes 4 answers Share Flag
Mon Dec 20, 2010
Dallas Texas answered:
Not all agents on Trulia may read request(s) Contact a Trulia agent direct OR Google search for an agent ... much faster

Lynn911 Dallas Realtor & Consultant, Loan Officer, Credit Repair Advisor
The Michael Group - Dallas Business Journal Top Ranked Realtors
972-699-9111
http://www.lynn911.com
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0 votes 3 answers Share Flag
Thu Jul 15, 2010
Rich Persico answered:
There are no offers on the house and it is currently listed at $144,900.


Rich Persico
Century 21 Greengarden
203-767-8457
rich@persicohomes.com
0 votes 1 answer Share Flag
Thu Jul 15, 2010
Rich Persico answered:
That house is not currently on the market. Could you have mistaken the address?

Rich Persico
Century 21 Greengarden
203-767-8457
rich@persicohomes.com
0 votes 1 answer Share Flag
Mon Nov 16, 2009
Ted Kostzewski answered:
Propane is not inexpensive and usually is priced cheaper as volume increases. I am going to give you a name of a plumbing and heating apecialist that I use all the time in my other handyman business. He is excellent and will give you an unbiased assessment. His name is Stephen Lien and he can be emailed at stephenlein@gmail.com or called at 203 258-4346. Good luck! ... more
0 votes 2 answers Share Flag
Thu Oct 8, 2009
Minna Reid answered:
Tue Oct 6, 2009
Debra (Debbie) Rose answered:
Keep in mind that the position of the home on the lot will determine to what extent a home is or is not in a flood zone. The mortgage company may or may not require flood insurance....if your neighbors don't have a mortgage, they may not have flood insurance, either.
Do you want to know if your neighbors have flood insurance or if they qualify for it?
... more
0 votes 3 answers Share Flag
Fri Aug 7, 2009
Melissa Figueroa answered:
I was going to purchase a home on Raven Terrace in Stratford. Nothing was mentioned about it being in a flood zone and because of the area, I would not have suspected that it was. I followed all steps in placing the deposit, inspection, etc. Then the bank would not approve the loan because when the cost of flood insurance (which is very expensive) was factored into the mortgage, it pushed me past my approval limit. I am sure the bank would be concerned about the additional expenses. I ... more
0 votes 8 answers Share Flag
Sat Apr 18, 2009
Deb Gedney answered:
I can't speak about the lead situation, but in general 180 King needs MAJOR repairs, including a new roof, structural issues, probably rodent infestation, and new kitchens. The yard needs considerable tree work and is prone to flooding. Basically it is a job for a professional construction company, not a distant investor or first time buyer. It does have a convenient location to train station and and other amenities (walk to churches, library, senior center, etc.) Also, if you like antique buildings, it does have some charm such as an antique gas stove and sitting porch. ... more
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