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How Long Should It Last? - 04/30/09 06:19 PM
"How much longer do you think this will last?" If I only had a dime for every time a Homebuyer asked me this question. In the National Association of Homebuilders latest survey they give the shelf-life for over 100 Household Building Materials & Appliances. Here are just a few of the home components covered in the survey. The 'Estimated Time the Product Will Last' is the average useful life of the product & these numbers will vary according to other factors such as maintenance, quality of installation & climate. Nevertheless it's a great basis for judging the longevity of your Home's components. 100 YEARS OR MORE (1 comments)
Do You Qualify for a Short Sale? - 04/25/09 10:42 AM
A great article explaining the Short Sale option to Home Owners. For Connecticut Homeowners interested in finding out more about Short Sales contact me at (203) 442-3873 or email me at PETERTESTA@yahoo.com
Via Frank & Sharon Alters, ePRO, GRI Fleming Island FL Real Estate (Watson Realty ): The original concept of a short sale is when a home sells for less than the mortgage(s) on it and the homeowner does not sign a promissory note or bring money to closing. Many homeowners in Orange Park and Fleming Island have not one, but two or three mortgages, including a home equity line (1 comments)
The Benefits of Home Ownership - 04/16/09 05:15 AM
One of the biggest misconceptions our clients have about homeownership is that the financial burden of a mortgage will be too much to continue the lifestyle to which they've become accustomed. Why, they ask, should I bother with such an enormous sacrifice?The answer is that the relatively low interest rates of today's market combined with the numerous tax and equity benefits of homeownership are only a couple of the rewards of an investment in real estate. As your personal real estate expert, it's my job to explain the many benefits of being a homeowner. Call, 203-442-3873, or email me at PETERTESTA@yahoo.com for a (0 comments)
Buyers Now Can Finance Up to TEN Properties Through Fannie Mae - 04/11/09 09:07 PM
Investors Get Ready! Effective March 1, 2009 Fannie Mae will now allow qualified borrowers to have up to ten (10) financed properties. In today's market, there are a record number of bank owned properties available and a large supply of motivated sellers that present great opportunities to invest in real estate. This is a much anticipated and welcome change to regulations that temporarily sidelined seasoned investors who owned more than four (4) financed properties. Fannie Mae returned to the ten (10) property limit because experienced borrowers will play a key role in the housing recovery. This change in Fannie Mae regulation will allow investors with (1 comments)
Before & After: See the Transformation of this Danbury, CT Home - 04/09/09 03:20 PM
When owners Matt & Michelle Grassi purchased their first home, a 3 bedroom/2 bath Colonial located on a quiet street just down the road from Candlewood Lake in Danbury, CT; they had formulated their own plan to transform the house & property into the kind of home that would truly feel like theirs. A little over one year later & the house now bears little-to-no resemblance of the house that once stood there. The original home, built in 1949 had been torn down & rebuilt from the foundation up in 1994. When The Grassi's took over the house a little over a year ago they (1 comments)
Incentives for First Time Homebuyers - 04/09/09 02:07 PM
Attention First Time Homebuyers! Don't miss out on the chance of a lifetime. Home values are at their lowest in years Mortgage interest rates are their lowest in almost 40 years Up to $8,000 one time tax credit incentive FHA loans available with only 3% down CHFA Loans available with 0% down The time to buy is now! It doesn't get any better than this. Call Peter Testa at (203) 442-3873 or email PETERTESTA@yahoo.com to find out more See other valuable information & search the Connecticut MLS at www.PETERTESTA.com
PETER TESTA First Time HomeBuyers are My Specialty Short Sale/Preforeclosure Bank Owned Properties (0 comments)
PETE TESTA is a Real Estate agent with Nationwide Homes in Danbury, CT. Pete, acting as representative for the Buyer and as EXCLUSIVE BUYER'S AGENT procured this home for his client- A completely remodeled, from the ground up, waterfront on the Housatonic River. The Housatonic River leads into Lake Lillinonah and is a popular summertime destination for those seeking good times & relaxation on the water in Connecticut. Located directly across from the beach & only steps from the water this home has panoramic views from 2 floors. Featuring 2 Bedrooms (1 comments)
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.