buying a home in central connecticut: Making Your Connecticut Home Purchase Primary
- 03/16/23 05:14 PM
Making Your Connecticut Home Purchase Primary The dream of home ownership has never been stronger than it has the past couple of years. Interest rates were at historically low levels and buyers were into bidding frenzies to get their piece of the American Dream. Amid the anxiety, it was very easy for buyers to get so emotionally involved that they would forget what they had been told by their loan officers and agents about keeping their spending under control. Loan officers will talk about debt ratios and how important they are to a credit score and also getting a more favorable loan interest rate. Buyers … (17 comments)
Here in Central Connecticut we are still in a buyer's market. This adds additional value for buyers, as there are homes that are within the upper reaches of their buying power that would be beyond them in a sellers market. This adds a temptation for them that needs to be rationally considered before jumping into a contract. Having a lender's pre-qualification letter in hand gives them an indication as to how much credit they have available for their home purchase. Even before they put that offer on the house they want … (57 comments)
For buyers, the opportunity to do a detailed inspection on their intended purchase should be looked at as the time to get to fully understand what they are buying. If there are issues that could prove to be too costly or beyond their expectations, the inspection contingency allows them to get out of the contract without repercussions. It should not be considered the time to try and get a better deal. When the inspection is completed, the buyers will get a detailed report. Within the report will be a comprehensive outline … (6 comments)
buying a home in central connecticut: You Don’t Get More Choices by Calling Several Agents
- 02/25/13 11:39 AM
You Don’t Get More Choices by Calling Several Agents I was surprised this morning with a call from a fellow ActiveRain member that I can also call a friend. She was passing along a referral for a buyer in Connecticut. After she gave me the information, and we chatted a bit, I called the potential client. We discussed their needs, and the value range. I said I would send over some potential listings, as the buyer was from out of state and then we would talk. About an hour later, that same buyer called back to confirm who I was, … (57 comments)
buying a home in central connecticut: A Listing Agent is not the same as a Property Manager
- 01/20/13 06:09 AM
A Listing Agent is not the same as a Property Manager With some Central CT home sellers, being able to occupy the home through the sales process is not always possible, particularly with a short sale. Under normal situations, a home owner understands that keeping up with the maintenance of a home not only protects the investment, but when the home is for sale, keeps it in it's best appearance so as to make the home more attractive to a buyer.
When a home owner is forced to leave the home, for example, with work relocation they may have family … (27 comments)
buying a home in central connecticut: Buying a Home in Central CT . . . It Hasn't Been this Great in Years
- 07/15/12 11:53 PM
Buying a Home in Central CT . . . It Hasn’t Been this Great in Years For a while now, people have been hearing how it’s a great time to buy and the market has never been better. It is true but just how true; no one has been able to explain. People were buying homes when interest rates were in the high teens, and were very happy to do so at the time. There was no big outcry when interest rates started to fall and homeowners with those high interest rates kept their homes and didn’t walk away … (8 comments)
Why do I need a home inspection?Buying a home could be the largest single investment you will ever make. To minimize unpleasant surprises and unexpected difficulties, you’ll want to learn as much as you can about a newly constructed or existing house before you buy it. A home inspection may identify the need for major repairs or builder oversights, as well as the need for maintenance to keep it in good shape. … (10 comments)
buying a home in central connecticut: Should I Buy Now or Wait to Save a Larger Down Payment?
- 05/20/12 09:54 PM
Should I Buy Now or Wait to Save a Larger Down Payment? Coming up with enough cash for a down payment and closing costs to make that purchase of a Central Connecticut home can be a hurdle for many buyers, particularly first-time home-buyers. If you are a first time buyer, there are several programs that can assist you including a first time buyer, or CHFA loan that carries a reduced interest rate. We have several qualified lenders that can discuss this option with you. Many first-time buyer programs will only give loans to borrowers whose income is below a certain level. … (8 comments)
The first response would be ‘Yes, I will certainly try”, followed by getting the name, and I always ask how they came to contact me. I definitely want to know where our marketing is reaching. Some conversation back and forth to establish brief locations, style, community necessities and of course prices. It is also necessary to inquire into … (4 comments)
Ed Silva is a licensed Broker serving the Central Connecticut area from the Waterbury CT Real Estate Office.
He serves both sellers and buyers and also is an experienced agent for short sales.
If you're thinking of listing your home, I would love to meet with you and share my marketing success package with you. My marketing reaches all the major listing sites with prime positions on the largest. I'd would appreciate the opportunity love to help you buy or sell in the Central Connecticut area.
Making Your Connecticut Home Purchase Primary
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