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South Windsor : Real Estate Advice

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  • Local Info2
  • Home Buying9
  • Home Selling0
  • Market Conditions0

Activity 23
Sun Jul 16, 2017
Kathy Burgreen answered:
You're not factoring 2 things which are critically important: Negotiating price and how long you intend to live there.

The seller for the older condo may be asking $30K less, but every realtor working with a buyer knows this price is negotiable. It's very easy to review the comparables and see if the seller can come down in price. It may be the asking price is what the current market is but it doesn't hurt to negotiate.

As for the new condo - is this from a builder or an individual seller? Builders who have new construction will NEVER negotiate on price. They need to make a profit + they don't want to set a trend by lowering a price for 1 home when they need to sell other homes for a higher price.
If the new condo is from an individual seller, find out if this seller bought it new from a builder. The issue is when buyers purchase brand new construction, then unfortunately need to sell within the first 4 years, these owners will lose money because once they move in, their "brand new" home is now being compared to older homes because they cannot sell it as a "brand new" condo anymore. These owners insist their condo is worth what they paid the builder for it - no it's not. It's an emotional frustrating experience that these sellers need to price their "new" condo lower and not what they paid for it. This means, as a buyer - you can negotiate for a lower price BUT if the seller bought it from a builder, be prepared that the seller will need to pay the difference on the loan they owe money and it may be difficult for the seller to sell their "brand new" condo at a loss. It typically takes about 5 years for brand new construction to catch up with older homes and gain equity.
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0 votes 1 answer Share Flag
Wed Sep 7, 2016
Angelica P answered:
Hi,

Please follow the steps below to unclaim a home using a desktop browser.

1) Sign into your Trulia Account
2) Click on "My Saved Homes"
3) Click on the tab "Claimed Homes"
4) Select "Unclaim Home"

For future reference, you can feel free to contact us about this type of inquiry through our contact form here:

http://www.trulia.com/help/ask/


Thank you for using Trulia!

Angelica
Consumer Care Advocate
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0 votes 1 answer Share Flag
Mon Jul 4, 2016
Scott Godzyk answered:
One of the best ways for a quick sale is to hire a listing agent who keeps and maintains a list of such investors. They can assist you in value, offers and quick sales. Check with a few because not all may specialize in working with cash buyers ... more
0 votes 1 answer Share Flag
Sun Sep 21, 2014
Dawn Abro answered:
The homeowner does. The association only maintains common areas.
0 votes 3 answers Share Flag
Thu Jun 19, 2014
Bill Eckler answered:
Being direct is probably your best course of action and asking the owner. Things can change quickly in life but it's the owner that knows best about their personal financial situation.


Bill
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0 votes 6 answers Share Flag
Fri Aug 2, 2013
Fritz Walter answered:
As stated below, the issue is not whether she can co-sign on another loan it is whether your combined debt to Income fits lending guidelines. The best way to figure this out is to talk to a Loan Officer and have them take a no cost application and run your combined credit so they have all the details. You should be fine if all your recurring debt on your combined credit report is less than 50% of the gross income you both make. I will be happy to help, give me a call.

A+ rating on the BBB


All the best,

Fritz Walter
VP of Retail Sales
Toll free: 800-359-1996 x551
Direct: 203-783-4551
Email: fwalter@totalmortgage.com
Alt emai: fritz@post.Harvard.edu
NMLS ID: 387922
Visit my webpage: http://www.totalmortgage.com/bankers/fritz-walter/
Company Website: http://www.totalmortgage.com
Total Mortgage Services, LLC - NMLS #2764
Licensed in: CT, FL, MD, NJ, NC, SC, TX, VA
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Conventional, FHA, FHA 580-639 FICO, FHA 203 Renovation (Streamline & Consultant), HomePath, VA, VA IRRL, USDA, Jumbo financing , and No Income or reduced income. Portfolio, jumbo, and conventional programs offered for self-employed borrowers as well.
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0 votes 6 answers Share Flag
Sun Aug 19, 2012
Laura Feghali answered:
Hi,
You can also inquire with a Trulia moderator to have the photos removed if you are the home owner.

Contact them at: 888-466-3501 M-F from 7:00am-4:00pm PST or send them an email to: www.trulia.com/help/ask.

Be sure to include the entire address of the property and state that you are the home owner. They usually respond within 48 hours.

Best wishes!

Laura Feghali
Prudential Connecticut Realty
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1 vote 2 answers Share Flag
Tue Apr 10, 2012
Anne Miller answered:
Check out your lease lst. It may say in case of a sale lease will be nullified?
(or similar words}But even if it said that most courts will give tenenets more time if they
are having difficulty finding other rents...so no worry.

But good news!!..Have you every heard the sentence..."Say Goodbye to
your Landlord.". That was used in previous years when the market
was good for buying..Just like now..You can buy with little or
no money down and your monthly payment will be much lower than
you are paying now...in many instances...or getting something
larger and paying the same as your rent...Call me at 860-647-8000
and we will have a chat.

You will be thanking me and saying...."GOODBYE TO YOUR LANDLORD!"

ANNE
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0 votes 2 answers Share Flag
Sat Nov 26, 2011
Scott Hulen answered:
A good agent offers needed expertise for both parties! Even though I am an agent I need to see value to do a transaction and without exception a good agent is worth their wieght in gold or your case $$$ a bad agent then you are probally best to go it alone, a license means squat a true performer well pay the fees and do the transaction ... more
0 votes 14 answers Share Flag
Tue Oct 25, 2011
Marilyn Pugliese answered:
Fri Jul 29, 2011
Peggy Chirico answered:
Hi - This unit is on the market for $214,900. It has been on the market for a while, but it has recently had a big price adjustment. It's an end unit with lots of space. Please let me know if you need more information or are interested in seeing it. I would be happy to send you the listing as well.

Peggy Chirico
Prudential CT Realty
860-748-8900
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0 votes 1 answer Share Flag
Tue Apr 19, 2011
Marie Souza Team answered:
We use Visual Tour & have for years. They have great online distribution & you create the tour which allows you to control lighting, sharpness etc.
The Marie Souza Team - Top Selling on Cape Cod
Phone: 508-790-2000
info@mariesouzateam.com
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0 votes 1 answer Share Flag
Thu May 20, 2010
Dawn Nostin answered:
It was for sale but did not close if you would like I can do some research for you on this property. Please email me dawnnostin@yahoo.com or call me 860-202-6145 if you would like me to do so for you. ... more
0 votes 1 answer Share Flag
Mon Mar 1, 2010
Kristina Zack answered:
Or unless an outside bidder won the property..investor, etc. It is unknown to me at this time. Going to S. Windsor town hall or getting in touch with your Realtor will explain more.
0 votes 2 answers Share Flag
Wed Dec 30, 2009
Kevin Paradis answered:
I believe that the property you are inquiring about is the old post office. The property now belongs to the town, the intent was to relocate some of the town hall offices into this building due to overcrowding. But, it has been very controversial due to the projected renovation costs. I hope this helps. ... more
1 vote 3 answers Share Flag
Wed Nov 25, 2009
Minna Reid answered:
Chances are they are just slow. They're not waiting for the market to improve. The listing agent really just needs to follow up regularly and communicate what is going on.
Try to be patient. ... more
0 votes 2 answers Share Flag
Sun Oct 25, 2009
Fran Rokicki answered:
I suggest that my customers, clients, go to the bank that they currently use. They know you, have your accounts accessible to them and will be happy to have your loan with them. Servicing would be local, should any issues arise. Some banks still hold the mortgage. Just ask if they do.:) The Savings Institute, which has an office in South Windsor, on Sullivan Avenue, is a bank that holds paper. They are excellent to work with, too. If you belong to a Credit Union, I would suggest, that you discuss your options with them, as well.

Good Luck to You!
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0 votes 2 answers Share Flag
Thu Mar 12, 2009
Jill Buck answered:
Drive by the property at different times for several days. If neighbors are outside, stop and ask them how long they've lived there, if they like it, and ask if they have any concerns. Your best source of info will be the homeowners living in that area now. ... more
0 votes 3 answers Share Flag
Mon Mar 2, 2009
Jeanne Allard answered:
As a Realtor who is currently marketing a home on a corner lot, the lack of privacy in the rear yard is an objection often cited in the feedback from showings the home has had. The extent that this is a problem really depends on the property, though, as I have seen corner lots with fencing and/or plantings that addressed this issue.

Being the first home does add to the traffic going past the home, particularly if it is the only way into or out of the neighborhood. In a small neighborhood this is not so much of an issue so, again, it depends on the home's location.

I think it's safe to say being the first home on a corner does somewhat diminish the appeal of any home and the property will always have to be priced accordingly in order to appeal to buyers.
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0 votes 9 answers Share Flag
Tue Aug 26, 2008
Derec Shuler answered:
Hi Jeremy,

This will depend on the state you're in but in Colorado, we normally close using title companies. If either of you are taking out a loan, the lender will require clear title and insurance to safeguard their investment. The basic insurance it usually purchased by the seller with additional endorsements purchased by the buyer. The other closing costs in our state are usually split though this is open to negotiation. The buyer will like bring additional funds to closing for tax reserves and other payments the lender will require.

Consult and attorney or title company in your state for specifics.
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0 votes 3 answers Share Flag
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