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Newtown : Real Estate Advice

  • All19
  • Local Info3
  • Home Buying2
  • Home Selling6
  • Market Conditions1

Activity 20
Sun Sep 17, 2017
Wlw822 asked:
I want to lower the monthly rental
0 votes 0 Answers Share Flag
Sat Apr 1, 2017
Mcinerney.tim asked:
Please remove this report immediately, as it is negatively impacting our ability to sell this home.

Tim McInerney
(203) 417-8365
mcinerney.tim@gmail.com
0 votes 0 Answers Share Flag
Fri Mar 24, 2017
mistievn answered:
Mon Mar 23, 2015
Tim Moore answered:
You should assume all rental listings here are scams.
Report them. Find the link on the page named MORE, under it is a drop down menu with FLAG - click it. I would be a majority of rentals on this site are scams.

Never Ever send money = those are scams.
Never Ever send money = those are scams.
... more
0 votes 2 answers Share Flag
Wed Feb 4, 2015
Charlise Philibert answered:
If you are not currently working with a realtor and would like some more information and/or to see this property, you can contact me and I would be happy to help you.


(203)383-9800-cell
charlise.philibert@raveis.com

Look forward to chatting with you!
... more
0 votes 1 answer Share Flag
Thu Mar 27, 2014
Diane Tyrrell Sells answered:
You can also research schools and demographics on the Cerc.com, choose the "Resources" tab and click on "Town Profiles" where you will see a map of all the counties in the state. Select a county and then a town within that county. (Example: Fairfield County - choose Newtown - the click "Download Latest Cerc Profile." This gives you Demographics, Economics, Education, Government, etc., etc. It's a great resource for side by side comparisons of different towns. ... more
0 votes 11 answers Share Flag
Wed Nov 20, 2013
tonda answered:
Har tru is a natural clay & not cement or asphalt. If you are very interested in a property negotiate the courts removal as a part of the deal.
0 votes 4 answers Share Flag
Mon Jan 21, 2013
Jay Cooke answered:
Howdy

There is some useful information in the answers below. The first thing I would do is go to several local banks and sit down with a loan officer. The financial meltdown changed a lot on the mortgage scene. Products were removed, standards tightened etc. See what programs the banks will offer you or anyone else who wants to build. Your decision on how to proceed will be clearer after this step.

Good luck,
Jay Cooke
... more
0 votes 5 answers Share Flag
Mon Jul 30, 2012
Cornhole answered:
I would hold on, if possible. The market cannot get much worse, and will turn around eventually. Ride it out!
0 votes 5 answers Share Flag
Wed Jun 27, 2012
Anthony Fodera asked:
Sun Jun 17, 2012
Goldie answered:
First, determine how much you will lose by staying there. You state you have no emergency funds and that you currently don't have "enough money to get by". That means you are losing money every month you stay in this house which you can not afford. How much is that? Lets say $500/month.

Second, determine how much you can sock away once you down size. Lets keep it simple and say $400/month.

If you sell now and "lose" lets say, $20,000, it will take you ($20K/$400) approximately 4 years (50 months) to make that up. All things being equal, you will be able to stash some cash for an emergency, won't wreck your great credit score, won't be up worrying all night about "what ifs..." and will continue to enjoy qualifying for good interest rates, and it will be easier to pass employee background checks.

If you stay put, and the housing market doesn't turn around in say, 4 years, you will be potentially in debt approx. $24,000. ($500/month x 48 months). More if any emergencies come up.

Of course, you could get a job, your husband could get a second job if he can't find a better paying job, or you could take in a boarder until things turn around.

It's good that you're not waiting to address this situation until you're so far in a fnancial hole that you can't dig yourself out. Good luck.
... more
0 votes 7 answers Share Flag
Tue May 17, 2011
Ana Mattei answered:
I already answered you on May 14. I live in CT knowing very well your area Sandy Hook, Newtown, nevertheless feel free to contac me 203-012-6273 for an extra question.
0 votes 10 answers Share Flag
Sat May 14, 2011
Linda A. Cappello answered:
Althoigh I agree with m$ost of what julie is advising her advice to remove short sales and foreclosures fm comps is not realistic. When you fiind a buyer and the nbank arders an appraisal for mortgage qualification unfortunately short sales and foreclosures are considered and will be uised to determine value. If it doesn't apprtaise for the amount of the offer the liklihood of obtaining a mortgage ill not be good. ... more
0 votes 5 answers Share Flag
Fri May 13, 2011
Karla Walters answered:
I can't see any gain for a realtor to "Lie" about a home being in Foreclosure. I can understand not knowing if it has gone "into" foreclosure. I don't understand the premis of doing an inspection at this time. There is a period of time during foreclosure the owner of title has the right to "pay up and make current". There are also delays in the final foreclosure since the Banks nees to determine if it truly "qualified" with all the rule changes. When a house is going to Auction, they have there own quidelines for inspections, typically they are done prior to the sell. Was this under those conditions? As far as a lawsuit, small claims wouldn't conflict with a mortgage as long as you are the Plaintiff. Do you feel you were co-ersed into inspections and couldn't say "No" to inspections? You should expound on the situation. If the Bank does take back the property, the inspections could work as an advantage for you and the Bank when/if the home is made available for purchase. ... more
0 votes 8 answers Share Flag
Fri May 13, 2011
Leah Layman answered:
I would contact a local real estate agent and ask them to give you the statistics.

I would do that for someone if I was asked.
Good Luck
Leah
Augusta, GA
www.leahlayman.com
0 votes 9 answers Share Flag
Wed May 11, 2011
Emily Erekuff answered:
Hi Doreen,

Thank you for alerting us about this. I've gone ahead and blocked the duplicate entries we had on display for your listings at 22 Saint George Place and 35 Hoseye Coach Road, and those should be removed from our site within approximately one hour.

However there is one additional duplicated listing that shows slightly different unit numbers and I wanted to find out which is the correct version before remove the other. If you can tell me which of the following versions of your listing at 517 Heritage Vlg is correct, I'll go ahead with that.

http://www.trulia.com/property/3049434887-517-Heritage-Vlg-517D-Southbury-CT-06488

http://www.trulia.com/property/3007239427-517-Heritage-Vlg-D-Southbury-CT-06488

Thank you in advance for the clarification.

Best Wishes,

Emily Erekuff
Community Moderator
... more
0 votes 2 answers Share Flag
Mon Jun 28, 2010
Julie answered:
Since the buyers backed out, and the contract states $250 will be held for the sellers attorney, then it seems that the seller's attorney should receive the $250 and that should be a full and final payment for a failed transaction that required only one hour of the seller's attorney's time.

Who referred you to this seller's attorney? A fee of $600 seems unreasonable for one hour of work. If the seller attorney is saying that they charge $350 for one hours work, then the contract owes him the $250 and you pay the other $100. In the mean time, I would find another attorney and get their fees in writing. Please let me know who the seller attorney/law firm is so that I do not fall victim. Thanks in advance.
... more
0 votes 3 answers Share Flag
Fri May 9, 2008
Jan Sansevera answered:
The good thing about commuting from Newtown is that you have the choice of whether to take the Merritt or the 84 to 684 route. I used to commute to Westchester, and sometimes varied it just for a change of scenery! It really depends on the hour you leave your house, and weather and accidents play a big part. I don't believe that one is always better than the other. I grew up in Westchester County, but moved to Bethel and then Newtown 16 years ago, so I know the areas and the driving times very well. ... more
0 votes 3 answers Share Flag
Fri Apr 11, 2008
Jane Phillips answered:
Hello Kate - To give you an update for the 1st quarter, 2008, the average listing price for a 3 BR, 2.5 bath home on 2.5 acres or more in Newtown, CT , is $537,200, with an averge sales price of $500,000. (This does not take into account age, square footage, condition or location). If you would like an up to date market analysis of your home, feel free to call. I live and work in Newtown. To see homes on the market, visit my website! ... more
0 votes 2 answers Share Flag
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