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06333 : Real Estate Advice

  • All6
  • Local Info0
  • Home Buying5
  • Home Selling1
  • Market Conditions0

Activity 6
Wed May 10, 2017
Jancona70 answered:
A Hubbard doesn't "tie up" your home and it doesn't take it off the market. You can also keep it listed as Active. You can still show your home and accept another offer if it appeals to you. ... more
0 votes 5 answers Share Flag
Wed Jun 1, 2016
Sally Grenier answered:
Not sure what you mean by "void the hubbard"?? If you have accepted an offer on your home and both parties have signed, and you are "under contract", you cannot just terminate and accept another offer. You really need to be asking your Realtor this question and review your contract again. ... more
1 vote 1 answer Share Flag
Thu May 1, 2014
Nancy Warburton answered:
This is what a market analysis does for a buyer. What have similar homes been selling for in this town? What is the condition of the home you are interested in? East Lyme is popular town, not too many properties go "for a steal". If the property is in good condition, then about 5% less than asking is a good place to start. If it needs some obvious work/updating and you do not believe the house was priced according to the condition, then make that percentage more. Insulting a Seller with a real lowball offer on a good condition home will probably get you no where! ... more
0 votes 12 answers Share Flag
Sat Mar 22, 2014
Jeffrey Kulas answered:
The market has definitely been getting better over the past year here. But, always make sure to do your due diligence in regards to any property you intend to buy.
0 votes 1 answer Share Flag
Wed Mar 28, 2012
Betsy Purtell answered:
Hi Sally,

It is best to see a mortgage broker or or lender before you shop so you know what amount of a mortgage you can qualify for. My advice would be to get a pre-approval from the lender you choose so you will be able to act quickly when you find the right property for you. A pre-approval means the lender will collect some information from you such as a few paystubs, bank account statements, possibly tax return copies will get a pre-approval from the lending institution saying you will be able to get a mortgage from them as long certain conditions are met by you and the property.

Good luck!

Betsy Purtell, Realtor
Coldwell Banker Residential Brokerage
Cheshire, CT
(203) 640-4440
... more
0 votes 13 answers Share Flag
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