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06615 : Real Estate Advice

  • All9
  • Local Info1
  • Home Buying2
  • Home Selling0
  • Market Conditions0

Activity 35
Sun Mar 8, 2015
Jay Cooke answered:
Hi,
I believe that you;ve just answered the toss up between the towns. Rentals that are within walking distance to the train in Fairfield are the way to go. I've rented a number of places to folks who work in Stamford and South who want to hop on a train and not drive down I95.

Best,
Jay Cooke
... more
0 votes 3 answers Share Flag
Wed Jun 19, 2013
Chuck Sienkiewicz answered:
Hi Sandie I'd be happy to help you, I grew up and live in Stratford.Please give me a call to discuss what your looking for.......................Chuck 203-521-8752
0 votes 6 answers Share Flag
Sun Feb 17, 2013
Ron Thomas answered:
In your situation, you have an advantage:
If you want to invest in a particular neighborhood, you can knock on a few doors and determine what the RENTS are in that area:
Then you can work backwards; determining how much you can spend to make the ROI you want.
You will want to involve your Tax person.
(understand that you may have to settle for red-ink for a few years.)

Good luck and may God bless
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0 votes 3 answers Share Flag
Tue Nov 27, 2012
Sabrina Ash answered:
If you are still needing assistance, and would like to be connected with a buyer's agent in your area, please contact me to get started. I have world wide connections in real estate!
0 votes 2 answers Share Flag
Tue Oct 16, 2012
JoAnna Merola answered:
Hi CJ,

How much are you willing to spend on rent per month?

JoAnna
0 votes 3 answers Share Flag
Tue Aug 7, 2012
Matthew Langston answered:
Hi Home Owner,

The information comes for two places the first is the Multiple Listing Service and the second is public records.

I can check both place for the information for you. Feel free to call me with the address.

Thank you,

Matthew
203-400-6423
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0 votes 2 answers Share Flag
Sun Aug 5, 2012
Tara Stirk answered:
Hi Eliot,
I just want to make sure you are fully aware of all the pros and cons of rent to buy deals. Hope this information helps. Also, what are you looking to pay monthly? I may have a few places in Stratford that would work for you.
Here's how it works: Instead of outright purchasing a property, a potential buyer draws up a contract with a seller in which the monthly rental payments, based on the home's value and often above going rates, count toward an eventual sale. All rental payments made pay down the principle if the renter decides to exercise the pre-paid option--typically 1% of the sale price--to buy. The date at which the agreement expires varies by contract but is typically between two and five years. At that point, the renter can choose to buy the home at the original listed price minus the equity he or she has built. If not, then the homeowner has the option to evict them and keep all payments.
Of course, there are pitfalls. If a renter eventually decides not to buy, not only do his rental payments disappear, but the premium option fee he has paid for the right to buy also evaporates. In addition, if the price of the home goes down considerably over the next three years, then the renter has been paying a rate based on that amount and will find himself overcharged. On top of that, many contracts in rent-to-buy situations disallow late rental payments from counting toward an eventual sale. Those with punctuality problems might lose equity.
They can be helpful for those sitting on the fence but shouldn't be utilized by anyone who isn't serious about eventually buying the home. Rent-to-buy should be made as part of a plan to own a home, otherwise it will end up costing more money in fees and above-market rent payments. Make sure the eventual purchase is driving the decision to enter a rent-to-buy.
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Sun Aug 5, 2012
Tara Stirk answered:
Hello
Currently there are no rentals with full inlaw suites. Do you need a full suite or would a room with a full bath do? If that would work for you there is a raised ranch with a large room and full bath downstairs. If you need any additional help please do not hesitate to ask!
Tara
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0 votes 1 answer Share Flag
Tue Jun 26, 2012
Peter D. Plourde answered:
Tue May 29, 2012
Stephanie Barnes, GRI answered:
Call (mortgage broker) Lisa Moriello... she has an updated list.

Best of luck!
Steph
0 votes 1 answer Share Flag
Tue Aug 7, 2012
Marie Souza Team answered:
Thu Apr 4, 2013
Laura Feghali answered:
Hello srorourke,
Here are a couple of links to crime data and other relevant information about Stratford. The second link is a web site that a group of volunteers in the town have produced to assist it's residents.

http://www.city-data.com/city/Stratford-Connecticut.html

http://www.crimewatchofstratford.org/

Please, know that real estate agents are not allowed to make comments about one neighborhood being better than another. This is called "steering".

Hope this is helpful to you.

Good luck!

Laura Feghali
Prudential Connecticut Realty
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0 votes 2 answers Share Flag
Wed Feb 29, 2012
Tim Moore answered:
Did they list the termites as being part of the house but didn't mention the furnace or water heater? I wonder if they also did not say it has a swimming pool and ocean view, because it probably doesn't. Why list what a house does not have, we usually list what it DOES have. ... more
0 votes 4 answers Share Flag
Sun Jul 22, 2012
Eliot Walker answered:
I have the perfect place. Nice 1 br in Stratford for 850.00
call Eliot 203-895-2500
0 votes 1 answer Share Flag
Mon Sep 24, 2012
Anna M Brocco answered:
Unfortunately a decision only you can make--as for the commute, why not consider a few test runs and then decide...
0 votes 9 answers Share Flag
Mon Dec 20, 2010
Anna M Brocco answered:
Rather than waiting for a reply, why not call any realty office--any local agent can help you as they all have access to the same information, they can give you property status, schedule a showing if available, any other information needed, etc., --it does not need to be the listing agent-- ... more
0 votes 3 answers Share Flag
Tue May 8, 2012
Elizabeth Herbert answered:
You would need to speak to an attorney about that as there could be some very strong consequences to backing out of a real estate contract.
0 votes 3 answers Share Flag
Wed Mar 31, 2010
Dan Ross answered:
You should ask an insurance specialist (hopefully your agent). A good agent will advise you of the pros and cons of each of the options, and help you to choose what is best for your specific circumstances. If you don't trust your agent, ask friends and family for their recommendations. ... more
0 votes 12 answers Share Flag
Mon Nov 16, 2009
Marie Michno answered:
Thu Oct 8, 2009
Don Tepper answered:
No. There's no maximum amount of time.

Regarding short sales, I've heard of them taking 12-14 months. More typical is 2-4 months. But 120 days is nothing. Entirely standard.

Foreclosures tend to move quicker--maybe a month or two, in many cases.

If you're dealing with a short sale, have your agent contact the listing agent to make sure that the short sale package was submitted properly. And the listing agent should be in contact with the lender(s) regularly.
... more
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