You've Checked your credit, Diminished your debt and Stashed some cash! Good for you! That move into a new home is practically around the corner! To make that move a bit easier, this is a great time to "pare down". Soon, you are going to have to pack up everything you own. Before you do, it is a great opportunity to make the move a little less stressful--and even a bit … (1 comments)
first time buyers: Getting Ready to Buy a Home: 5 Best First Steps Series--Part 3
- 01/23/12 05:11 AM
Best Step 1 - Check Your Credit Now Best Step 2 - Diminish Debt If you're getting ready to buy a home and you've completed the first two steps above, it's now time to start saving! Best Step 3 - Stash the Cash! The no-down-payment loans and some low-down-payment loan programs have tighter requirements than ever before. Trust me, you'll always need a little more money than you think, no matter how much research, planning and preparation you do before buying a home. Even if you've saved up that 3-1/2 percent down payment for the FHA loan program, or 5, 10, or … (2 comments)
first time buyers: Getting Ready to Buy a Home: 5 Best First Steps Series--Part 2
- 01/21/12 03:56 AM
Best Step 1 - Check Your Credit Now You've got your eye on a new home and you've checked your credit. Perhaps you've had to "clean it up" a bit, but now your credit score has been raised and you're ready for the next step. Best Step 2 - Diminish the Debt Lenders limit the amount you can spend on housing to a percentage of your total income. What that percentage is depends on what type of loan program you're looking at, and that's a decision to be made when you consult with a trusted lender. But if your total consumer … (2 comments)
first time buyers: Getting Ready to Buy a Home: 5 Best First Steps Series--Part 1
- 01/20/12 03:39 AM
Thinking about buying a home now--or in the next two years? Your best first step: Check your credit NOW! Why? 1. If there are any negative credit lines on your credit report you need to know about them. 2. Once you know about derogatory credit items, you need to assess whether there are any items that will improve your credit profile if some action is taken on them. 3. There may be items that are incorrectly reported. These may be items that aren't yours. Or they may be duplicate items. Or perhaps a collection account was sold (maybe even more … (4 comments)
The Master's Key Realty is happy to announce another successful closing! Lisa Orme was pleased to represent these first time buyers in their home search and purchase of 26 Glenwood Drive in Windsor CT.
Located in the Oliver Ellsworth School district off Kennedy Road, the 3 BR, 2.5 bath ranch was a wonderful purchase at the affordable price of just $165,000! And with an interest rate of just 3.75%, the mortgage principal and interest payment was under $750 per month! This home also offered a fireplaced living room, finished basement (complete with pool … (1 comments)
first time buyers: Why Do they Call it a Short Sale if it takes So LONG???
- 06/07/11 12:54 PM
Why Do they Call it a Short Sale if it takes So LONG??? Well, I think that is a really good question!! But before we try to answer that question, it's important to answer another one... What is a "Short Sale"? A "short sale" is a sale of a property where the sale price is not enough to pay off the homeowner's remaining mortgage balance and all the expenses that a Seller must pay when selling their home. In other words, even if they sell the house at "full price" or market value, they are still coming up "short" of what they … (6 comments)
We are pleased to announce Pat Sukosky of the Master's Key Realty Team has recently closed on the sale of property listed at 82 Meadowlark Road, Vernon, CT. This spacious four bedroom Raised Ranch in move-in condition, with a 2 car attached garage just sold for $222,000.
If you are looking for an affordable home, OR want information on first-time buyer opportunities, CHFA or FHA financing info, call Pat Sukosky or Lisa Orme of the Master's Key Realty Team at 860-688-1400. We can help you find the best … (4 comments)
We are pleased to announce Lisa Orme of the Master's Key Realty Team has recently closed on the sale of property listed at 530 Poquonock Avenue in Windsor, CT. This three bedroom Modern ranch in move-in condition, with a 1 car attached garage, is located in the Poquonock section of Windsor and sold for $120,000. With a brand new roof, new boiler, new dishwasher, and new carpeting, it is a wonderful home for this first time buyer!
If you are looking for an affordable home, … (0 comments)
This delightful 3 bedroom home is ready to move in!
A remodeled eat in kitchen, Living room, 3 bedrooms, full bath, and utility room... located near cul-de-sac on a quiet neighborhood street. This home is in great condition and will easily qualify for FHA or first time homebuyer financing programs! Vinyl sided exterior -- Newer vinyl windows -- New driveway
Spacious and new 480 sq.ft. storage shed A great value on this fenced 0.35 acre lot. Call LISA ORME at The Master's Key Realty for further information: 860-688-1400 Affordably priced at $164,900!
Foreclosure properties that need some work are in great demand by investors and first-time home buyers alike. Depending on the overall condition of the home, a foreclosure property can be a great opportunity. If you are looking for a foreclosure property and want to be notified of new bank-owned property listings coming soon to market, please … (2 comments)
first time buyers: Is It A Good Time To Buy A House in Connecticut??
- 10/28/10 07:56 AM
This is a GREAT time to buy a house, and if you're wondering why, take a look at this recent post by my friend Melissa McKinney. Prices in Hartford county, CT are very affordable right now, and so are interest rates. And of course, when interest rates rise, you will lose borrowing power. On a $200,000 mortgage, at 4.00% your payment will be about $1292.00. If interest rates rise just one percent to 5.00%, the same monthly payment of $1292.00 will only qualify you for about $180,000. mortgage. That means you've lost $20,000 in borrowing power, but that same property did NOT lose $20,000 in … (3 comments)
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Lisa Orme
Broker/Realtor, ABR, CRS,GRI, PSCS, SFR, Notary Pu
Best Step 1 - Check Your Credit Now
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