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Hartford County : Real Estate Advice

  • All15
  • Local Info1
  • Home Buying8
  • Home Selling2
  • Market Conditions0

Activity 360
Fri Nov 4, 2011
Sally Grenier answered:
I assume you're referring to a short sale? The bank will only accept an offer at "Fair Market Value". (what other similar properties have sold for in the last 6 months). Have your REALTOR do a CMA (comparative market analysis) on it to determine what a fair offer might be.

I just happened to write a blog post about why Buyers may not want to consider buying a short sale. Check it out!

http://sallygrenier.com/
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Tue Oct 25, 2011
Minna Reid answered:
You may want to expand your search to other towns - tough to meet in South Windsor.
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Sat Nov 26, 2011
Ron Thomas answered:
The best answer to your question is to have your Realtor do a CMA:
I would recommend pricing it about 4-5% lower than the CMA and look for Multiple Offers.
Talk to your Realtor and follow their advice.

Good luck and may God bless
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Tue Mar 26, 2013
Anna M Brocco answered:
Interest rates will be based on the type of loan you qualify for, keep in mind that they do change daily and sometimes more than once....
0 votes 7 answers Share Flag
Thu Oct 6, 2011
Scott Godzyk answered:
at that rate, it may not be worth the cost to refinance if you are not planning on staying there for a long time. Your savings will be wiped out by the cost of teh refinance
0 votes 3 answers Share Flag
Wed Jun 26, 2013
Ron Thomas answered:
Believe it or not, this question has been raised for more than 50 years; ever since they started building subdivisions near high voltage lines. I think it first happened in Southern California for your information.

The lastest word I've heard, is that no one can tell! Nothing definitive! No concensus! Nobody agrees!

I would bet that if it was dangerous, there would all kinds of proof and law suits.

You'll have to go with your gut on this.

Good luck and may God bless
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Fri Sep 23, 2011
Tim Moore answered:
Jumbos have a whole set of new rules these days. I just got approval for a doctor and it took me 3 months and had to pass the watchful eyes of 2 underwritters. I doubt you will find one offering 80-10-10. Check with Wells Fargo, if anyone can help they can. If they say no, it's very unlikely anyone else can do it either. ... more
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Tue Sep 6, 2011
Terri Herwehe asked:
0 votes 0 Answers Share Flag
Fri Jun 26, 2015
Tracy Heinz answered:
Hi Carol,
There are no income limits however buying at auctions can be a risky process. Please call me to discuss the process and potential risks. 860-882-9764.
0 votes 4 answers Share Flag
Sun Sep 4, 2011
Anna M Brocco answered:
Any local agent should be able to provide you with such information....
0 votes 1 answer Share Flag
Thu Sep 8, 2011
Seth Winkleman answered:
There has been a 6% decrease in median sale price and a 32% change in the amount of actual sold homes. I attached the latest market report for you.

Seth Winkleman
8609855816

SethWinkleman@PrudentialCT.com ... more
0 votes 2 answers Share Flag
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 2 answers Share Flag
Thu Jun 20, 2013
Lew Corcoran answered:
A lease-to-own home is basically a lease with an option to buy the home in a certain period at an agreed upon price. Usually, you have to place a large deposit to secure the lease and the option to buy. A portion of the rent can be applied towards the downpayment. Usually, you will have to pay 'above market rent' to be able to use that option.

The major drawback to a lease to purchase option would be the loss of the downpayment if you do not meet all the terms of the agreement, and if you are unable to secure financing to be able to purchase the home. In addition, if the neighborhood is not right for you or if the market takes another downturn, you might find yourself questioning why you entered into such an arrangement.

That being said, most home owners looking to sell their homes today are not interested in this type of arrangement. In many cases, they need the cash from the equity in their home to purchase another home or for other purposes.

Your best option is probably continue renting until you find the right home that best meets your needs.
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0 votes 5 answers Share Flag
Fri Jun 10, 2011
Seth Winkleman answered:
You may be able to qualify for CHFA. Are you a first-time homeowner? If so check out the link I provided, currently CHFA sits at 3.875%!! If you have anymore questions email me SethWinkleman@PrudentialCT.com. I am very familiar with the Manchester area. Or call/text me 860-985-5816

Seth
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Wed Sep 12, 2012
Seth Winkleman answered:
Michelle,
GreatSchools.org is a great resource for rankings check it out. I posted the link with the zipcode you supplied. If you need anymore info feel free to email me SethWinkleman@PrudentialCT.com or (text/call) 860-985-5816. My website is http://LinkWithWink.PrudentialCT.com ... more
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Tue Apr 28, 2015
Mitzie Simpson-Andrade answered:
There are several multi family properties in the Greater Hartford region. You may contact me at 860 539-0136
0 votes 1 answer Share Flag
Sat Nov 26, 2011
Ron Thomas answered:
we do ours mid-week; Tues, Weds. Thurs. when we are less likely to have a Client meeting, and in the mornings. But then, the world does revolve around California!
0 votes 4 answers Share Flag
Sat Jul 28, 2012
Bill Eckler answered:
Bizy,

Often the best resource for crime and safety information is the local police department or county sheriff's department. They have access to the most current and accurate information and are normally very willing to be helpful.

Good luck,

Bill
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0 votes 3 answers Share Flag
Wed Apr 18, 2012
Ingrid Lambert answered:
Good afternoon,

Which property are you interested in? You can schedule a showing with a realtor to see this home. Feel free to call me at 203-239-4663 ext. 139 or email me at ingridlambert@prudentialct.com to book a time. I used to live in Farmington and there are several great places to consider. Thank you ... more
0 votes 9 answers Share Flag
Mon Apr 11, 2011
Vincent Carrieri answered:
Just because you qualify for a higher mortgage amount does not mean that you should buy a house that you can not afford comfortably. Pre approvals do not take into concideration real life things like child support, or utilites on the home exc... Please keep in mind that this is a payment that your stuck with for 30 years. Instead of thinking in terms of what you qualify for, think in terms of what payment you are comfortable with. If you approach things this way your sure to be buying within your means and almost guarentee an approval when your ready. ... more
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