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Home Selling in Hartford : Real Estate Advice

  • All97
  • Local Info17
  • Home Buying27
  • Home Selling3
  • Market Conditions5

Activity 4
Thu Apr 19, 2012
Seth Winkleman answered:
Where is your house? How much is it listed for? Do you have quality photos?
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Tue Sep 7, 2010
Cameron Piper answered:
Monie9,

This will be up to the bank that holds the lien. Your agent will likely request that the bank pay the fees when they receive an offer in order to have clear title to convey to the new buyer. However, if the bank refuses to pay the fees - it will be up to the association what happens. Find out from your agent or an attorney what happens to the fees in a foreclosure action and use that information to negotiate with the lender and/or the assocation should either try to force you to pay them.

Ultimately if you have the money, I would pay them off, making your short sale that much easier.

Cameron Piper
... more
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Thu Apr 19, 2012
Lisa Giller answered:
Hello Ithkron,

I'm sorry to learn of your situation. Your home could be sold regardless of its condition. That being said, a home in tip-top condition will sell for a higher price than one that needs work. There's a balance between the amount of work that needs to be done in terms of the cost versus the difference in price the home would sell for.

You'd also want to look at the amount of your remaining mortgage to see how a sale would affect your finances. Depending on how long you've lived in your home, you may or may not have enough equity in it to walk away with any money. But there are also ways to work with your lender on this issue.

I'd be more than happy to assist you in determining those answers. Then you can make an informed decision about what to do.

Hope this is helpful!

Lisa Giller, Realtor
Gillette Real Estate
... more
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Tue May 6, 2008
Donna Springer answered:
Hi Matt,
From my understanding to determine "living space" the area must be above ground level. Which is why raised ranches show up well. However, towns tend to vary on some of issues as to how to record a finished lower level. I did have the town add a bedroom and bath (in my basement) to the number of rooms but it did not change living sq. ft. Basements are included in total square footage. If you want to see how your house shows up on town records go to http://visionappraisal.com/ and go to your town and put in your street address. It will show total sq. ft and living space..

If I can be of any further help, feel free to contact me.
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