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Farmington : Real Estate Advice

  • All42
  • Local Info3
  • Home Buying14
  • Home Selling0
  • Market Conditions5

Activity 39
Thu Jun 13, 2013
Anthony Palazzi answered:
There are bus routes nearby. You can check this website out for more info on the routes. http://www.cttransit.com/Uploads_RTMaps/h_66_map%289%29 Goodluck and contact me with anymore questions! Thank you ... more
0 votes 2 answers Share Flag
Tue Jun 11, 2013
lb1373 answered:
Hi Ralwala:

My property is surrounded by a conservation easement. Usually it is because of wet lands that are located on the land. There is a setback, meaning you can not disturb the ground a certain number of feet away from the beginning of the easement. You will be limited with what you can do on your land. Read the Property MAP and Schedule A of the deed of the property you are interested in. It is public information and you can find this at the town hall in the vault of the town clerk's office. You can make copies for a small fee.

With wet lands it is not that there is an actual pond or swamp on the land, it could be considered wet because of the consistency of the soil. Meaning the soil takes a long time to drain. That said, you will have your share of mosquitos.

So, is it okay? Yes. Just be aware and read the Property Map and your Schedule A so you know what you can and can not do. Some maps will allow you to remove no more than 2 trees a year and some you can not remove any. Remember that a dead tree that houses a colony of ants can find their way into your home from over 200 feet away. (I was told that by my pest control guy.) Again, read the Property Map and the Schedule A.

Hope this helps.

Best,
Linda M. Byrne
... more
0 votes 2 answers Share Flag
Mon May 13, 2013
Ted Kostzewski answered:
The buyer I assume had a qualified inspector go through the home as part of the contingencies. In the contract or offer, there are usually time frames for completing each contingency. Those time frames have long since past. While they can still back out of the deal, your attorney would probably advise you that the buyers' deposit or binder would be at risk if you have lived up to all your contractual obligations. ... more
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Sun May 12, 2013
Mack McCoy answered:
As Ron Thomas says, Sellers have no rights concerning FHA appraisals.
0 votes 6 answers Share Flag
Sat Mar 16, 2013
lb1373 answered:
Hey Dawn:

Not sure if you are still interested in a 4 bed/3200sqft/3 car garage home in Farmington, but, 15480' rented on 9/1/12 for $4000 per month and I got a couple into a 3519' rental for $3000 per month on 7/1/12. For 2013 three properties rented and the highest was 2412' for $3000 per month in February. I hope this gives you an idea.

However, rates seem to be inching their way up to 4%. The usual indicators are not working. Meaning, when equities go up the 10 yr goes down and rates go up. There have been inconsistencies here as of late. It takes 6 months for a fed change or rally (or whatever makes the market react) to resonate through the economy. I have a feeling the rates will be climbing by June. I hope I am wrong! I, too, own a home and would like to refinance again should the rates go into the 2% range. That said, it is a great time to buy if you are in a position to and if you are not here on short-term basis.

If you would like to talk further I can be reached at 860-481-9728. Feel free to call me.

Best,
Linda M. Byrne
... more
0 votes 6 answers Share Flag
Sun Jan 6, 2013
Maria Cipollone answered:
Is crucial that you shop around for a mortgage broker that can explore all your financing options. Mortgage broker have access to many banks, private lenders and different programs. Like you mention on your questions, you are not being able to save money paying $1300.00 per month. I am sure that a mortgage broker can tell you exactly how much mortgage payment you can afford and if you can be able to buy in the near future.

Best of Luck,

Maria Cipollone
Century 21 Tenace
www.Flahomespecialist.com
... more
1 vote 11 answers Share Flag
Tue Jul 24, 2012
Sokunroath asked:
This question was asked from http://www.trulia.com/homes/Connecticut/Farmington/sold/256094-65-Wolf-Pit-Rd-Farmington-CT-06032
0 votes 0 Answers Share Flag
Wed Apr 18, 2012
Amanda Albert answered:
Farmington is fabulous and you will love it here. Are you relocating for your job?
The first step would be to speak to a lender and determine the amount that you qualify for a mortgage. Then we will discuss your wants and needs, then tour and then...you are on your way to your new home.
I can highly recommend Sylvie Fillion at NEMoves Mortgage for the pre-approval. She is at 860-231-2600. Tell her I sent you.
Give me a call when you are ready. I am looking forward to meeting you....Amanda 860-916-2744.
... more
0 votes 8 answers Share Flag
Tue Apr 17, 2012
Brent Bell answered:
Welcome to Connecticut! It is easy to be confused in this state. First, we have personal property tax on cars which is odd to many people moving in. Second, we love our basements. We hope that they are dry and have tall enough ceilings to be finished someday. We usually like it if there is direct access from the outside either by hatch or walkout door. You are right to assume that a house built on a slab with no basement will sell for less and take longer to sell in most cases than a house with a basement.

Good luck with your search!
... more
0 votes 13 answers Share Flag
Thu Oct 6, 2011
answered:
Gregorio brings up some excellent questions, the amount owed on your mortgage vs. it's $180k estimated value will impact your refinancing options (if any). If you are refinancing $180k, the difference between 4.875% & 4.000% is $93.22/mo, 10 years is 120 payments, or $11,186 saved over that time. Standard closing costs are not that much, but if you have to pay points to get that interest rate then the costs could potentially increase to that level - based on variables (credit, loan-to-value, occupancy type such as a condo, etc.) will determine how much the costs would be for a 4% interest rate. There is a list of information needed to determine if you can qualify for a mortgage in the web reference below, feel free to come back here and provide as little or as much as you'd like in order to get better feedback. ... more
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Mon May 23, 2011
Julie Nearing answered:
Now is a good time to buy a home since interest rates are great! The rates will be slightly higher for investment properties so check with your mortgage professional for the details.
0 votes 3 answers Share Flag
Sun Mar 6, 2011
Satified Owner answered:
Farmington West Estates has about 45 homes delivered. Not all home sites are back to back. The lots may not be large but offer all included lawn cutting as well as the entire landscape requiring the owners to only water their lawns and shrubs. The driveways are also along with the stairs and front stoops included plowed and shoveled without the owners having to do any of this snow clearing. There is an entire new exterior look of color and other exterior treatments that you might find in homes in the mid $550,000.00 plus range not to mention superior size rooms and Kitchens in every home which are 4 Bed Room homes. There are only two, three Br homes in the entire Development. You can see from driving by the Development and through the Development what it will be. It offers easy access to I 84 any time of day. Put this together with a trail that leads from the property to a great spring through Fall Walking trail plus a pond stocked with Trout in the spring. It will be simple for the family that want a Superior School System, low property taxes, absolute Quality Construction with Emery Savings a major consideration to adore Farmington West Estates prices in the Mid $400,000.00 range. ... more
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Wed Mar 2, 2011
Eric Norton - Local Expert answered:
find out if your broker forwards there listings to Trulia, I asked there support about the same issue.
0 votes 2 answers Share Flag
Thu Dec 23, 2010
Julie Nearing answered:
I am a Farmington Agent and can help you locate a condo in town. email me at Julie@visionofct.com I would be happy to help!
0 votes 4 answers Share Flag
Sun Jan 24, 2010
Julie Nearing answered:
Below is the link to meadow farms where you can find information about the complex. Let me know if you would like a showing, as I am a local agent and can help you out. You can also visit my site at www.JulieNearingRealtor.com to look at house listings. ... more
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Thu Jan 14, 2010
Elizabeth Herbert answered:
What about Farmington are you particularly concerned about? (Schools, property values, etc.)

Here's the town's website link:

http://www.farmington-ct.org/
0 votes 1 answer Share Flag
Mon Sep 14, 2009
Amanda Albert answered:
There could be many reasons why people change residence. A big one that I have found is that folks are being relocated out of the state by their employers. Another reason could be that they want a house instead of a condo. They could have outgrown the space and then, of course there is maybe they can't afford the place anymore and have to sell.

Each sale has its own story, so you can't say there is only one answer. If you are interested in buying in either community, I would be happy to take you on a tour. I know them both and think they are lovely.

Just give me a call at 860-916-2744.

Amanda
... more
0 votes 1 answer Share Flag
Tue Aug 11, 2009
Joanna Adams answered:
In a current transaction I had with a client (she was a buyer), she switched attorneys "midstream" because her attorney was unresponsive. She was much happier with her second choice and the closing went smoothly as a result. Now, I'm not suggesting that you switch attorneys if you are happy. However, your attorney is working for you and you will be paying him or her for their services at your closing. If he or she is unreachable, then you are not getting the service that you paid for. Most real estate attorneys expect to be contacted often by their clients. My suggestion would be to contact 1 or 2 other attorneys in the area and get their advice, and possibly switch if necessary. Good luck! ... more
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Sun May 3, 2009
Realtor4u answered:
Now is certainly the time to buy if you can! I am working a deal now for a 3 bedroom ranch in Farmington with a purchase price below 150k. There is a cape on the MLS in Farmington for an asking price under 140. The deals are out there, you just need to have someone looking out for them for you. I can help you do that. I live in Farmington and am very familiar with the inventory in the town. ... more
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