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06880 : Real Estate Advice

  • All35
  • Local Info3
  • Home Buying8
  • Home Selling7
  • Market Conditions8

Activity 62
Mon Nov 15, 2010
Don Fabrizio-Garcia answered:
Jane - Have you considered selling as a short sale to avoid the foreclosure? Being that you both lost your jobs, you may qualify. Also, you can speak with your lender regarding doing a deed-in-lieu of foreclosure.

Selling the kitchen cabinets, etc., may be considered to be a criminal act, and there are stories of lenders going after owners they have foreclosed on for stripping the house in such a manner. You will want to speak with a local real estate attorney regarding this and also to review all of your options.
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0 votes 12 answers Share Flag
Thu Apr 2, 2009
Don Fabrizio-Garcia answered:
A large portion of the market is short sales and foreclosures.
Short sales take a lot of work, a lot of patience, and don't always work out in the end, but they are a big part of our market so knowledge of how to complete a short sale is a must. ... more
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Thu Jun 24, 2010
Robert Spinosa answered:
Helen,

Sure! I can help you with that. Mortgage Master continues to be a leading home finance resource in New England. Please look us up at www.mortgagemasterinc.com , and let me know if I can be of service.

Thank you!

Rob Spinosa
rspinosa@mortgagemasterinc.com
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0 votes 4 answers Share Flag
Thu Feb 19, 2009
Jack Mulrooney answered:
Hi Thb, 4th quarter numbers are not out yet but 1st quarter 2007 average price (1,489,900) was up in the 3rd quarther 2008 16.8% (1,785,000). Number of sales for the quarters was up from 63 to 97.

Hope that is helpful?
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0 votes 2 answers Share Flag
Sat Feb 7, 2009
Tim Kellerman, CDPE answered:
Laura
There are many ways to answer this question. The first thing you need to think about is what is in the budget. There are great family neighborhoods in all areas of Fairfield and Westport. They all vary in price, so based on your budget and the many criteria you may have in a home, location, distance to schools, and the Towns all play a factor in where you may want to live. I would be happy to send you some information on the two areas. You can see what you can get by going to my website and signing in for a free listingbook account. You also can contact me through that same website.
Sharing the good life,
Tim
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Sun Feb 22, 2009
Dan Ross answered:
IN CT, the assesssed value is %70 of the appraised value. The mill rate is applied to the assessed value. To see the assesed value of a Westport property, you can go to http://www.visionappraisal.com/databases/ct/index.htm and look it up by the address. ... more
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Thu Jan 29, 2009
Marion Filley answered:
Sam:
While there certainly seem to be more buyers out looking, there are no contingency free contracts in this price range at this time (with the exception of one slightly above that will probably close in the range). There are 3 bindered properties--two of which have not had price reductions and the third has come down 20% from its original list (final sale will not be available until closing).

Seven houses in the price range have sold since September, two under their previous sale price and two very slightly above.

It is certainly not unusual to see initial offers 10 -15% below asking. At the same time, only one of the sales mentioned above was much more than 10% below the last list price (as opposed to original list).

We would be happy to provide you with further market information on Westport and surrounding towns. You can e-mail me at patrickfilley@prudentialct.com or go to our website.

Patrick
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Thu Dec 18, 2014
Dallas Texas answered:
Crime you can visit police website.

When we have had clients confused between two communities we recommended for family go hang out in that local area, parks, pretend they live there over weekend, shop in stores, dine, speak with residence of city, tour schools, WOW sometimes city thought they loved decided was not match for their personal or professional lifestyle.

Compare the schools ratings by contacing ISD.

Place all on excel spread sheet pros and cons look at global picture.

Map out your short and long term goals for living in that community. What is growth of community.
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0 votes 13 answers Share Flag
Sat Jan 3, 2009
Bill Eckler answered:
Kendyl,

The number one reason a home does not sell is PRICE......Not sure if this is the case with Possum Rum but the odds are good.
0 votes 2 answers Share Flag
Mon Aug 18, 2008
Sj209 answered:
You should be fine, just talk to a loan officer. 500k should be possible with your income but you can always save up for a down payment if necessary. Without a down payment you need good credit, with a large down payment fair credit will do. Aim for 20% dp if the credit is very poor. ... more
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Mon Aug 18, 2008
Marcie Berson answered:
A long term (1 yr or more) beach front rental can be hard to come by in Westport with 2BR under $3,000. Most homeowners will rent the properties for a rent like that for the winter (day after Labor Day until Memorial Day or sometimes through June) and then rent it for the summer at a much higher rate. There is one very nice condo walking distance to the beach that's currently available under $3,000 in Westport. You may have better luck finding something in Fairfield although right now there aren't any properties matching your criteria available. I'm happy to send you more information if you want to contact me directly (just click on my profile). ... more
0 votes 3 answers Share Flag
Tue May 20, 2008
Randi Hutton answered:
Hi Amelia,
Thanks for your inquiry. There are often houses for rent at the beach in Westport. If you tell me if you are thinking short term or long term; furnished or unfurnished, I can email the appropriate currently active listings to you. Then we can go and see the ones that are of interest to you. I can send you everything available or if you want to put a ceiling on list price, we'll narrow it down to that criteria. Please let me know your further thoughts. (randi@huttonrealestate.com -- 203-451-3455. Thank you.
Kindest regards,
Randi Hutton, ABR, GRI, SRES
Chairman's Elite Club
William Raveis Real Estate
Westport, CT 06880
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0 votes 1 answer Share Flag
Thu May 8, 2008
Randi Hutton answered:
Hi Rick,
True Modernist homes might be defined differently by different people so maybe you want to share some more details of what that means to you. There are modernist homes in Westport and a few of the neighboring towns. They come on now and again. Have you just been searching the internet or have you actually gone to some modernist homes that are not "true modernist houses" to you? I would be happy to delve into this issue more with you so please contact me directly at randi@huttonrealestate.com. Thank you.
Kindest regards,
Randi
William Raveis Real Estate
Westport
www.raveis.com
huttonr@raveisre.com
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0 votes 3 answers Share Flag
Tue Mar 31, 2009
Sebastian Barneby answered:
Railroad Parking

Is there a waiting list for permit parking at the Westport Railroad Stations?

Yes, there is a four to five year wait.

How do I apply for a Railroad Parking Permit?

Fill out the Railroad Parking Waiting List on-line form (.pdf) and mail to the Westport Police Department. You will be able to fill out the form using your computer. You must notify us if your address changes. We suggest you verify information with us annually by calling 203-341-6001.

How many permits are issued?

One permit per vehicle is issued.

How much does the permit cost and how long is it good for?

As of July 1, 2004 the permit cost will be $225.00 per year, and is renewable on a yearly basis.

Where can I park if I do not have a Railroad Parking Permit?

$4.00 (four dollars) a day. Clearly marked designated spaces are available at the following locations:
Greens Farms Railroad Station, Parking Lot #1.
Saugatuck Railroad Station, Parking Lots # 1,2,3,4, and 8.
(Note: most parking lot spaces are filled by 7:00 AM).

How do I pay the $4.00 (four dollars) a day fee?

A $4.00 parking ticket will be left on your car. You can mail in the ticket with your check, pay on-line, or drop it off at the Westport Police Department Lobby. Please note, no credit card payments and no advance payments are accepted.

Is there a fee charged for weekend parking?

Parking is free on weekends and National Holidays.

Are there any other areas where I could park beside the Railroad Station Parking Lots?

Yes, there is a Municipal Parking Lot off Imperial Avenue, adjacent to the Westport Woman's Club. There is no charge for parking in this parking lot; however, there is a fee for taking the Imperial Avenue Shuttle mini-bus to and from the Railroad Station.

To check Metro North Schedules see the link to the Metro North on my web site,
under transportation on the bottom right of the Westport lifestyle section.
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0 votes 2 answers Share Flag
Sun Oct 25, 2009
Caitlin Cragg answered:
Hi Bill,
Trumbull & Monroe are great communities with 45 minutes from Westport. What is your price range, how many bed, bath? We can narrow your search & I can better assist you. I do a lot of relocation work & I would be happy to help you.
Thank you,
Caitlin Cragg
(203) 615-3609
Caitlin.Cragg@Century21.com
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0 votes 16 answers Share Flag
Thu Feb 14, 2008
Gary McIntosh answered:
An inspector in your area would be the most qualified to answer this question. You also might try going on some of the DIY home web sites. Good luck with your search.
0 votes 1 answer Share Flag
Thu May 8, 2008
Jayne Lagano answered:
Andrea - Westport is a very New England, yet cosmopolitan town. With 25,000 plus residents, it's quite a bit larger than Chappaqua. However, the schools, beaches, shopping, cultural activites and low mill rate (13.73) are a big draw for many residents of New York.

There are currently only 18 properties for sale under $1million right now offering at least four bedrooms. None are new construction and all are under 4000 square feet. I would also recommend that you take a look at the neighboring town of Fairfield. It offers many of the exact same ammenities, yet housing is much more affordable.

Right now the waiting list for Saugatuck or Greens Farms (the two train stations in Westport) is four-five years. There are other alternatives, but they require a shuttle bus. There is some daily parking on a first-come first-serve basis. The waiting list at the two Fairfield train stations are 18-24 months, but with a new station being constructed, it should alleviate much of the parking problem.

I've attached the Strategic School Profile for the town of Westport to give you some comparison guide to Chappaqua schools.

As a full-time Realtor and a Fairfield County native, I'd be glad to help you with a better understanding of the towns and would be more than happy to show you a sampling of properties that might fit your needs.

Warm regards,

Jayne M. Lagano
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0 votes 9 answers Share Flag
Thu Jan 31, 2008
Jayne Lagano answered:
Meg - there are currently 36 three bedroom rentals in Westport ranging from $2200 per month up to $5750 per month (on the Greater Fairfield County Multiple Listing Service). There are also a few summer only rentals for considerably higher rents. Do you require a specific location in Westport ? Are you looking for a single family home or condo to rent. I'd be happy to help you find what you're looking for.
Best regards,
Jayne M. Lagano
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0 votes 3 answers Share Flag
Thu Jun 26, 2008
Caitlin Cragg answered:
Hello,
I believe you are speaking of 82 Hillspoint rd in Westport. That home was on the market for 174 days & the listing recently expired, & was taken off the market. It was an estate sale to be sold as is. It was on the market for 1,089,000 on 1.25 acres built in 1810. I can call the listing agent to schedule an appointment if you would like. Feel free to call me with any further questions (203) 615-3609.
Thank you,
Caitlin Cragg
Century 21
Caitlin.Crag@Century21.com
... more
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