**Bridgeport, CT** - 3 Family Cash Cow- *Short Sale* $159,900
Location: Bridgeport, CT
LEGAL 3 FAMILY. 3 BEDROOMS EACH FLOOR. LOVELY AREA, LOCATED ACROSS FROM THE PARK. GOOD RENTS. IDEAL LOCATION CLOSE TO ALL MAJOR HIGHWAYS AND METRO NORTH.
Property Features: Multi-family PropertyStatus: Active 3 total unit(s) Year Built: 1909 Approximately 2463 sq. ft. Type: Three family Heating features: Gas Interior features include: Basement Exterior construction: Vinyl siding
Unit 1 has 5 room(s) Unit 1 has 3 bedroom(s) Unit 1 has 1 full bath Unit 2 has 5 room(s) Unit 2 has 3 bedroom(s) Unit 2 has 1 full bath Unit 3 has 5 room(s) Unit 3 has 3 bedroom(s) Unit 3 has 1 full bath
Lot size is less than 1/2 acre Elementary School: BOE Middle School: BOE High School: BOE
SHORT SALE APPROVED - READY FOR FAST CLOSE! BRAND NEW - NEEDS FINISHING TOUCHES! This bargain is a new house with just a few remaining touches - final punch list. Save thousands by finishing the house. Quick access to the freeway. Safe and secure in a gated community. A must see!
Beautiful two-story brick single family home four bedrooms and three full baths and two car garage. 4 Bed, 3 Bath | 2,404 Sq Ft on 0.14 Acres (6,098 Sq Ft Lot) Property Features Single Family PropertyStatus: Active Area: 85 County: Tarrant Subdivision: Strawberry Fields Year Built: 2008 New construction 4 total bedroom(s) 3 total bath(s) 3 total full bath(s) Approximately 2404 sq. ft.Two story Type: Single Detached
Master bedroom is 15x14 Living room is 18x17 Kitchen is 10x11 2 covered parking space(s) 2 car garage 2 car carport Parking features: Front Parking Central air conditioning Cooling features: Central Air-Electric Exterior construction: Brick, Slab Foundation Roofing: Composition Approximately 0.14 acre(s) Lot size is less than 1/2 acre
School District: Arlington Elementary School: Little Jr. High School: Young High School: Martin
>JUST REDUCED< Beautiful Desoto, Texas Home For Sale **Short Sale Approved** $169,000
Location: Desoto, TX
Beautiful two-story single family home five bedrooms and three and half baths in good condition with a porch and two car garage. REDUCED FOR QUICK CLOSING!
GREAT INVESTMENT PROPERTY FULLY RENTED $2100/Month!!!
ATTENTION REALTORS®! Have You Been Trying To Do Short Sales ...but can't get them completed? Do your deals keep falling through? Do they take too much time?
It’s Time You Discovered: SwingSign Systems "The Realtors® Secret Weapon"
16 Things Every Home Buyer Should Know About Adjustable Rate Mortgages - But Shouldn't Be Afraid To Ask
When home buyers go shopping for the best Adjustable Rate Mortgage (ARM) they can find, these are the 16 essential things they should ask about:
The initial interest rate or "qualifying" rate.
The length of time the interest rate and monthly payment will remain the same as at the start. Also the length of time between rate and payment adjustments.
The index to which the ARM is keyed (Treasury bills, etc.)
The current index level.
The margin percentage between the index and the mortgage interest rate.
How the index and margin are combined to arrive at a loan interest rate (both initial and adjusted rates).
The adjustment (if any) to be made in interest rate and monthly payment, if the index remains the same.
Whether or not the loan has an interest rate cap (limit). If so,
the limit to the increase in the interest rate at the time of each adjustment,
whether or not there is a carryover to the next adjustment period of any increase in the index rate that goes over the specified limit, (that is, can increases be applied in subsequent years when the rate increase is below the cap), and
whether or not a periodic rate cap applies to the first adjustment and/or rate decreases.
Whether or not a life-of-the-loan interest rate cap is available. If so, the minimum and maximum rates.
Whether or not a periodic payment cap is available. If so, ask about:
the maximum monthly payment increase possible at any adjustment, and
the payment cap, does it apply to the first payment adjustment?
The initial annual percentage rate (APR) of the loan, which may fluctuate in later years.
In case of negative amortization, how often the loan is recast to pay off the increase in principal. After recasting, the limit (if any) on the amount of increase in payment.
Whether or not negative amortization may occur if an interest rate increase causes a monthly payment to accrue over the cap limitation. Whether or not the payment cap applies to any increase caused by periodic recasting of the loan because of negative amortization.
Whether or not the loan can be assumed by a future buyer. If assumable,
the qualifications involved, and
whether or not the original interest and payment caps will hold. If not, the specifications for new caps.
Whether or not the ARM can be converted to a fixed-rate loan at any time.
Whether or not the loan has open-end credit.
If you would like a further explanation of ARM features, give us a call or send an e-mail question. We'll be glad to discuss this sometimes-complicated subject with you.
Learn more about what you can purchase in today's market by reading our FREE online report: QUALIFIED: How Much House Can You Really Afford? Simply click the link to read the report right away!
Selling a home sounds simple. As a "For Sale By Owner," all you have to do is put a sign in the yard, an ad in the paper, and stand back while the buyers come running to bid.
If you're tempted to market your home without the aid and advice of a real estate professional, take a moment to ponder these questions:
Can you set a price on your home realistically and accurately?
Are you prepared to spend possibly many days glued to your home?
Are you able to reach a wide range of possible buyers?
Can you be sure that the people entering your home are genuinely interested in buying, not in taking advantage of your "open house" and unprotected presence?
Are you experienced at negotiating and creating legal contracts?
Can you size up a potential buyer's ability to finance the purchase of your home?
If you price your home too high, you'll get few shoppers and help your neighbors sell their houses. Price it too low, and you'll lose money. Local real estate markets change quickly, street by street, and unless you have the same information that real estate professionals receive daily, chances are you'll set your price over or under current market value. Shoppers come looking every day of the week and every hour of the day. Remaining ready for them to show unannounced can make you a permanent home sitter. Experience shows more than 60% of home sales are made by matching a seller with a buyer from an extensive network of contacts. These contacts don't come from ads but from a career of building relationships and the multiple listing service. Without that pool of qualified buyers to show your house to, self-sellers are reduced to expensive hit-or-miss advertising. Real estate professionals both screen house hunters and accompany them as they go through your rooms. Buyers of homes sold by the owner typically offer much less than the asking price and may expect sellers without agents to share the "savings" on the brokerage commission. Many weeks can be wasted waiting for mortgage approval that lenders can't give to unqualified loan applicants. Real estate professionals routinely pre-qualify house hunters and show them only property they can afford. Real estate professionals don't like to waste time either.
As trained real estate specialists, we'd like to help you sell your home. Not just because it's our livelihood, but also because we've seen the many difficulties that have beset would-be "Sale By Owners" who came for help after their efforts failed. We'd like to do the same for you, saving you the hassle of trying to go it alone.
We have the expertise to help you price your home on target. To learn more, read our FREE online report, PRICING: Beat Your Competition To The Contract. And if you haven't checked out our monthly online newsletter, you can read it right away by clicking here. E-Newsletter
Did You Know Your Paycheck Gets Bigger When You Buy a House?
Amazing, but true. Buying a home adds to your "take home" income - possibly by several hundred dollars or more - simply by increasing the number of federal income tax withholding allowances on Form W-4.
Here's how it works.
See for yourself.
Enjoy your bigger paycheck.
Be sure to check the tax rules.
New home buyers generally find that their pre-purchase withholding rate will result in overpayment of taxes, if they don't adjust their withholding allowances. That's because they haven't reduced their withholding to compensate for reduced taxes caused by deductions for mortgage interest and property taxes - items that are currently deductible at income tax filing time.
A first-year homeowner who paid $9,000 in interest and real estate taxes, and who itemized deductions in a 28% tax bracket, would have overwithheld and would get a large refund next year. In this case, $2,520.
Increasing the number of withholding allowances, on the other hand, reduces the amount withheld to pay future taxes - which puts your tax refund in your paycheck today, not at the end of the year. With the additional cash in your hands instead of in the government's, you'll have more cash to meet payments and live on.
The rules for claiming allowances are simple. Working couples filing jointly figure withholding allowances on combined wage income and may allocate them between employers. On separate returns, the allowances must be figured separately. And if you work for two or more employers at the same time, you may claim withholding allowances from only one employer.
Please e-mail or call us with questions about your specific real estate situation.
Learn more about what you can purchase in today's market by reading our FREE online report: QUALIFIED: How Much House Can You Really Afford? Simply click the link to read the report right away!
Visit our January E-Newsletter online now by clicking the URL above. Then turn to Pages 2, 3, and 4 for more timely articles of interest to today's sellers, buyers and homeowners.
Tap Our Expertise Even if you're not ready to buy or sell a home right now, we would be happy to keep you up-to-date on developments in the real estate industry, mortgage financing and our local market. Simply reply to this e-mail or give us a call!
We hope you enjoy this monthly electronic newsletter. Please forward the link above to a friend who would also appreciate the information. If you have any comments, please e-mail them to us. Or, if you would like answers to your specific real estate questions, we'd be happy to help!
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.