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06484 : Real Estate Advice

  • All21
  • Local Info2
  • Home Buying9
  • Home Selling2
  • Market Conditions1

Activity 18
John Loprete, Renter in Shelton, CT
Mon Nov 28, 2016
John Loprete asked:
Sally Grenier, Real Estate Pro in Boulder, CO
Thu Oct 27, 2016
Sally Grenier answered:
If it was recently listed, it might take a few days for the data to transfer over to Trulia. You can also ask your agent to manually enter it here on Trulia.
0 votes 1 answer Share Flag
Andrea Balogh, Home Seller in Shelton, CT
Sat Aug 27, 2016
Andrea Balogh asked:
Sarah, Home Buyer in 06484
Fri Jun 17, 2016
Sarah asked:
We bought a house last year in Shelton CT 06484, our house pictures still available on your website for anyone to review. Pls remove them for privacy concern. Thank you.
0 votes 0 Answers Share Flag
Sally Grenier, Real Estate Pro in Boulder, CO
Thu Jun 9, 2016
Sally Grenier answered:
Did you list your home as a FSBO (for sale by owner) on Zillow?? If so, you'll have to go and edit your own listing. It is very doubtful that an agent acutally edited your property photos. They cannot do that unless they are the listing agent and submitted the property for sale themselves (or via the MLS).

Also...Keep in mind, that the reason why you can list your home for FREE on that site is because us agents PAY for advertising and lead generation. So yes, your listing will show several agents next to your listing. People can choose to contact them or not. But that's what you get when you try to sell your home for free.
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0 votes 1 answer Share Flag
Jennifer, Home Buyer in 06484
Wed Apr 6, 2016
Jennifer asked:
John McKenzie…, Real Estate Pro in Seymour, CT
Thu Feb 7, 2013
John McKenzie Jr. answered:
As an inspector, I believe this one of the biggest mistakes a homeowner could possibly make. I am not saying it because I earn a living in the profession... I say it because a potential buyer NEEDS to learn about the home they are buying. Good inspectors promote themselves to their clients by investing in an education. The more you learn ahead of time, the more information you will have in the end to make a conscious decision.

Below are some of our insights on the WHY's

"Hiring an inspector from the onset when a client is house hunting can speak volumes during the entire process and potentially turn those overwhelming feelings into a positive educational process. A client can learn much more over time than they could in four hours… Absorbing all that educational information over a longer period of time can also reduce the anxiety and burden when the time comes making that final decision and buying that dream home."

"We would recommend to any and all of our clients to hire a home inspector prior to entering into a contract to purchase. One reason for this recommendation is so we can do some research on the potential property in advance. An example would be to check with the town's building department for any building permits that might have been pulled by the current home owner or previous home owners."

"Educational awareness when you are house hunting is important to us as your home inspector. As a home inspector this process can help our clients see what we see on a subjective level, but this can also be the perfect opportunity for our clients to learn some valuable information of how the major systems operate within a home. By securing our services from the beginning it gives us the opportunity to teach you what we look for during an inspection, but most importantly WHY we look for it. The WHY’S are essential and pivotal to discovering the history of that home, and what the potential future may bring to you as the homeowner when buying that home? We firmly believe taking this process at a slow pace is pivotal because all homes have a history, even if they are brand new…"
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0 votes 15 answers Share Flag
Jessica Tracy, Real Estate Pro in North Windham, CT
Mon Jan 21, 2013
Jessica Tracy answered:
I think stress is probably the reason most people fail. Go over your exams in the back of the book because most of the questions are related to the practice exams. You will probably do fine. Good luck! ... more
0 votes 13 answers Share Flag
Tara Stirk, Real Estate Pro in Stratford, CT
Fri Aug 3, 2012
Tara Stirk answered:
I handle rentals in Shelton and surrounding areas. Please feel free to give me a call if you would like to view any rentals.

203-650-3180
Thanks,
Tara
0 votes 3 answers Share Flag
The Stephen…, Real Estate Pro in Portland, OR
Tue Jan 17, 2012
The Stephen FitzMaurice Team answered:
I'm not sure how it was written up, but typically you can contact the agent's principle broker and get the contract terminated.
0 votes 4 answers Share Flag
Shawn Ryan R…, Real Estate Pro in Belleville, NJ
Sun Dec 11, 2011
Shawn Ryan Rosa answered:
you can always back out, but risk losing your deposit if you dont have a valid reason for doing so.
0 votes 7 answers Share Flag
Shawn Ryan R…, Real Estate Pro in Belleville, NJ
Sun Dec 11, 2011
Shawn Ryan Rosa answered:
the government cannot "reduce interest rates"

the Fed can take steps that it hopes will result in the lowering of interest rates.
0 votes 8 answers Share Flag
Shawn Ryan R…, Real Estate Pro in Belleville, NJ
Fri Dec 9, 2011
Shawn Ryan Rosa answered:
the commission split being offer to your realtor (2.5%) has nothing to do with you. you should not pay a dime to your realtor
0 votes 5 answers Share Flag
Brian Takiff, Real Estate Pro in Glastonbury, CT
Thu Dec 8, 2011
Brian Takiff answered:
Most likely, but you need to read your contract carefully and make absolutely sure you stick to your contingency dates. Also, any notice that you give should be in writing. If you're losing sleep, simply forward your question over to your attorney and he will be able to answer it in 5 minutes.
Good Luck!
... more
0 votes 13 answers Share Flag
Linda Raymond, Real Estate Pro in Southport, CT
Fri Sep 11, 2009
Linda Raymond answered:
If you make an offer that is based on fact, such as the average price per square foot of comparable sales, then you have a strong case regardless of how a seller feels about it. Whether or not the offer is accepted is of course up to them. Again, the question here, is whether you are comparing apples to apples, or does the home you are considering have other factors that may add or detract from the value? The other question that only can answer is what the home is worth to you. If you plan to own for a long time, you are likely to be fine with a price that's within the general range of current market value. I hope this helps. -Linda ... more
1 vote 4 answers Share Flag
YOUR FRIENDLY…,  in 06460
Wed Sep 9, 2009
YOUR FRIENDLY NEIGHBORHOOD REALTOR answered:
Buying a house in Shelton is a great idea and an awesome value especially in the Huntington section of Shelton. Shelton is one of the best kept bedroom community to NY secrets around the area.
It has one of the best tax rates in the surrounding area. The mill rate is very low. 18.51 if I'm not mistaken from the last time I looked.
Buying & investing now in home ownership in Shelton is a fabulous investment.
I can go on and on but I won't for now. To much to type.
If you are interested in knowing anything further for the Shelton area please feel free to contact me anytime. I will be more than happy to give you more information and if interested even further I will even show you some of our are listings and I can even e-mail you some of them too.
I am YOUR FRIENDLY NEIGHBORHOOD REALTOR.
Feel free to contact me at 203-581-3317 I am affiliated with The Higgins Group which is one of the areas fastest growing real estate companies.
Have a wonderful day!!!
... more
0 votes 1 answer Share Flag
Luke Allison,  in Asheville, NC
Thu Mar 5, 2009
Luke Allison answered:
Steven-

Unfortunately, no, you cannot do that. The 90-day Flip rule that was laxed recently has only to do when banks are reselling their REOs. Your buyers would have to wait 90 days to purchase your home via FHA. Now the postivies to this are such:
1) FHA loans are taking 45-60 days to close anyway so an extra 30 days is not too much in excess to you.
2) This rule does not apply to conventional financing so if your buyers have good credit, they can go that route.

Luke Allison
Flagstar Bank
828-777-8828
Luke.Allison@flagstar.com

Apply Online: flagstarloans.com/lallison
... more
1 vote 2 answers Share Flag
Rk Ruthman,  in Connecticut
Thu Jun 21, 2007
Rk Ruthman answered:
In today's market, these are things to consider:

1) What is the overall condition of the property? Could less money be well-spent for a more respectable return?

2) Location? Shelton is a beautiful area!
Research your neighborhood and local market for comparables recently sold.

Check *history of comparables.
What was the original price?
*Reductions?
Were there seller's concessions? (This may be a tough piece of information to get)

*History information is available to Realtors.

3)Check out comparable houses on the market. Go to opens. Research their activity history. Learn how many days homes are on the market? Were they relisted?

5) Get estimates from reputable contractors. Minimum of three. Check references.

6) Permits and Law. Go to townhall. Your contractor may get all the required permits, but if you educate yourself there will be no surprises or slowdowns when you sell. If you are thinking of adding a kitchenette to an attic there may be safety requirements.

Heating? Can your existing furnace do the job? If you add "electric baseboard" what will that do to utilities. Buyers want to see utility bills. How about air-conditioning? Attics can get a little warm in summer.

Do you have a mortgage to satisfy? How much?

Will you be using a real estate service to sell? Commisions are negotiable and vary. But you will not find traditonal full service lower than 3% of the sale price. (This is a personal opinion based only on reading companies that advertise their commision in Fairfield County)

Do all the math. Bottomline?

New windows: Great *Sellability.

New bath: Great *Sellability.

*Sellability: Buyers may pay more attention and make a desirable purchase offer over another comparable house for sale that might not have the same amenities.

In this particular market, this is what buyers have told me they are looking for: (energy efficient) mechanics (furnace, c/a, waterheater). Alternative (green) energy resources that are good for the environment and pocketbook. New appliances. Newer roofs. Sparkling hardwoods. Nice/Low maintenance landscaping. Organized storage.

Pay attention to interest rates, they have an impact on Buyers being able to purchase. If you receive an offer, give it careful consideration. The market is saturated with properties. Do not lose your buyer.


There are so many variables of achieving your goal. It is do-able, but in this particular market it must be done wisely.
... more
3 votes 2 answers Share Flag
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