mortgage: Very Important Condo Information.. Pass it on! - 11/17/10 06:07 AM
         
                                            
 
 
           VERY IMPORTANT CONDO INFO   I wanted to give you some information regarding the condo market that will definitely affect us all next year.  As of Dec 7,2010 many of the condos that you have been used to being able to get 3.5% down payments, with 50% owner occupancy ratios and a little lee way on the appraisals and credit will be expiring.  They MUST get their FHA certification.
           NOW.....Here is the situation.....All FHA approved condos prior to 1/1/2000 will NOT be eligible for recertification.  They will have to go through the full approval … (0 comments)

mortgage: What Can Your Client Really Afford? - 11/05/10 08:59 AM
  
I love meeting new people! Especially when they want to buy a home from me.  It's hard when you meet with someone and they are eager to get out and start looking at homes only to have me slow them down to make sure we have everything in order. 
                                                         
 
 Probably the most important thing I can do with and for my client is ask 'what can you afford monthly' ? This is WAY different then what the mortgage broker told them they can afford to purchase.  Most people speak to a mortgage broker who provides them … (1 comments)

mortgage: Home Ownership, A Thing Of The Past??? - 10/22/10 07:15 AM
 
 

Baseball, hot dogs, apple pie and...home ownership?    Why is it recently that home ownership has suddenly become 'uncool'?    I have had a copy of the September 6th issue of Time Magazine sitting on my desk for weeks titled "Rethinking Home ownership".   There it sat.   I read it.  Then I read it over and over again trying to find the light at the end of the tunnel.  There was none.   The magazine, which many deem their Bible cited horror stories of foreclosures, short sales, declining home values and depressed real estates markets.  I don't doubt that the stories told … (6 comments)

mortgage: We love this house!! - 09/21/10 04:15 AM
Love is Blind....  I really enjoy working with clients who are in love  with the home they are buying!   But be careful...like in real life, falling too hard too fast can lead to heart-break.   Love-sick buyers spend their inspection day measuring for carpets and drapes.   They only call me back when I'm calling them for the 'fun' stuff, like bringing the parents through.   Buyers who love a home too much usually pay too much come mortgage time.
Here's some advice.   Keep your buyers focused by insisting that they 'participate' in their building inspection, not just show up.   They need to shadow their … (2 comments)

mortgage: It's that time of year again... - 09/20/10 08:36 AM
We need your help!
194,280 new cases and 40,610 deaths from breast cancer were expected to be reported for 2009. By making a tax-deductible donation or by purchasing Raffle Tickets today, you are providing hopeful futures for our loved ones and friends. You may not know someone who has breast cancer, but let’s give everyone a fighting chance. This year marks the 6th anniversary for the William Raveis Charitable Fund, Inc. and the William Raveis Breast Cancer Research Fund. We’ve Raised $1.3 Million Dollars over the course of the past 5 years in support of those diagnosed with breast cancer and … (0 comments)

mortgage: Great Article... 10 Reasons to Buy a Home - 09/17/10 02:49 AM
10 Reasons to Buy a Home
Sure, maybe there's more pain to come in the housing market. But when Time magazine starts running covers that declare "Owning a home may no longer make economic sense," it's time to say: Enough is enough. This is what "capitulation" looks like. Everyone has given up.
After all, at the peak of the bubble five years ago, Time had a different take. "Home Sweet Home," declared its cover then, as it celebrated the boom and asked: "Will your house make your rich?"  But it's not enough just to be contrarian. So here are 10 reasons … (1 comments)

mortgage: Home affordability - 09/13/10 09:01 AM
Home affordability- Home Builders/Wells Fargo Housing Opportunity Index(HOI)... What does it mean?
It is the Share of homes that families making the national median income, $64,400, can afford to buy.  
And, its remained above 70% for the 6th straight quarter... Good news, right?
This index, like all economic indicators should remind us that Real Estate is a local business.  We need to ask, "What is affordable here in Connecticut?  In Fairfield County? In Trumbull, Stratford, Shelton, or Monroe?  What is affordable for me?"
When data comes out giving us good or bad news the important question to ask is, "what is my Personal Affordability … (0 comments)

mortgage: Do you know what your significant others credit score is? - 08/25/10 04:37 AM
Ladies,  can we talk?...  
I cannot believe that I have just had yet another conversation with a client who found out to her horror her fiance's credit woes.  This woman has really put her ducks in order, she has spent the past year saving for a down payment, paid off her car loan, paid down credit card bills and would you believe this, negotiated a lower rent with her landlord in order to continue socking away cash.  In addition, she has a fabulous 740 credit score and a stable well paying job in the healthcare industry.  This gal has a plan, she is engaged … (1 comments)

mortgage: Attention Renters! - 08/10/10 05:26 AM
WANTED: Responsible Renters
Dedicated, full time real estate professional seeking responsible renters.   Qualifications include: good payment history, high credit scores and steady income.   Call now, you will receive sought after real estate advice and information, care and attention which will wisk you off to a pleasant and successful home closing.
 
Some days, I just think, maybe it's just that simple.   Good renters make great home-owners. 
 
By Megan O'Connell Albright on August 10, 2010
 
The Kasey Group Sells...
(0 comments)

mortgage: Big Changes - 08/09/10 08:23 AM
Change..It can be a good thing but it can also be a little scary.  There are few changes bigger in life then moving our family to a new home.  This could involve changing schools, communities, and even states.
Here are a few tips that can ease the stress when moving out of the area:

 
Involve the kids-  Let them see some homes, talk about their rooms with them, and highlight the amenities the new home/area has like pools, playgrounds, etc...
Explain the process- Let them know why this move is a good thing.  Maybe it means more time together … (1 comments)

mortgage: Get off the rental roller coaster! - 08/03/10 02:37 AM

The Kasey Group Sells...
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mortgage: Is it all about the Kitchen and Baths? - 07/30/10 07:27 AM
Looking for the perfect home can be a time consuming and challenging process but it can also be a great learning experience.  We all know that kitchen and baths sell homes and of course Location, Location, Location but don't forget the BASEMENT!
Ask your agent about the furnace/boiler, the hot water heater, the electric panel, and if applicable any central air or well equipment.  While agents aren't experts in heating, cooling, etc... The good ones have sold enough homes to learn what to look for.
Ask them-you can always remodel the kitchen later.
 
By Stacy Pfannkuch on July 30, 2010
(3 comments)

mortgage: They call it a 'closing' for a reason - 07/22/10 08:46 AM
When selling your home you might think you're already there when the offer comes in --But that's just the start of the journey.
You still need to get through inspections, appraisal, and the mortgage process before you get the the closing.
A couple tips... leave out some cookies and a note for your buyers at the time of the inspections.  It's a stressful time and knowing what you've enjoyed about the home and a snack can help.
Leave any receipts for repairs too.  It's great for the inspector to reference.
And don't forget, while packing designate a kitchen drawer for all the … (0 comments)

mortgage: Timing is everything! - 07/21/10 07:21 AM
Timing is everything!  Have you ever heard that one?  Well in real estate no truer words have ever been spoken.   You know this can apply to the up market, the down market, the interest rates. 
How about this.. getting through the door to that really great new listing!  Timing is everything.  Are you working with an agent who is actively looking for your next home?  
If you are really ready to move you need to see the homes first, as soon as they hit the market.   Great homes come..but they also go...if your agents timing is off, you will miss out.
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mortgage: New Mill Rates - 07/14/10 05:04 AM
New Mill Rates went into effect as of July 1, 2010.  
 Bridgeport- 39.64 Fairfield- 19.27 Milford- 28.44 Monroe- 28.26 Newtown- 24.00 Shelton- 18.61 Stratford- 33.32 Trumbull- 24.54   Multiple your assessment by the mill rate and you will have you new tax amount.  
ex:  250,000(assessment) x 33.32(Stratford mill rate)= 8,330,000 new tax amount- $8,330  
Due to the market fluctuation some towns have done a blanket reassessment while others have reassessed properties on a case-to-case basis. Contact your town hall for more information.  
 
By Heather Rebb on July 14, 2010
 
The Kasey Group Sells...
 
 
(0 comments)

mortgage: 50 years ago... - 07/12/10 09:30 AM
Everything Comes Back Into Vogue...Even the good stuff like Interest Rates.
50 Years Ago...
Johnny Cash plays 1st of many free concerts behind bars. US Army promotes Elvis Presley to Sergeant and ends his 2 year hitch in the Army a few months later. Jimi Hendrix plays his 1st gig. Wilt Chamberlain sets NBA playoff record of 53 points. Chubby Checker releases The Twist and it becomes #1 on the charts. The Beatles give their 1st Public Performance   You know what else happened 50 years ago?  Interest rates were as low as they are today!  
Now you tell me... is now … (0 comments)

mortgage: The market is... - 07/09/10 07:49 AM
You've heard the saying ‘what goes up must come down' but what about ‘what goes down must come up'?
Over and over again you hear people discuss how the ‘market is bad', ‘homes aren't selling', ‘people can't get mortgages', etc... STOP BUYING INTO THE HYPE!
My team and I are living proof that homes are selling, people can get mortgages, and it isn't a bad market, it's just different.
Want to get your home sold?  Price it aggressively and work with an agent that knows your market and has a marketing strategy.
Want to buy a home?  Get educated on the … (4 comments)

mortgage: Short Sales... Cue the scary music - 07/08/10 09:08 AM
So often we call short sales "long sales".  The process, which you would think would be very straight forward, often takes at least 3 months for a bank to respond!  And many times, an already patient buyer has decided to pursue a house that does not have a "third party" or "bank" contingency, setting the seller back to marketing their home for sale. 
So what can you do?  You've heard that the best defense is a good offense, so coming to the table before an offer is even received with the following can ensure that you have done your best in moving … (2 comments)

mortgage: Tax Credit Expired.. What now? - 07/07/10 09:37 AM
So June 30th came and went.  Surprisingly, the earth did not stop spinning with the end of the tax credit.   But what to do now?   It was easy talking to buyers about capturing this once in a lifetime opportunity...it was all the buzz and everyone wanted a part of it.  
So where will the excitement come from now?   The excitement needs to come from you!  Call all those lucky ones, your new past clients...remind them how smart they were to get into their new home and ask them for referrals.    They are excited!   They have been telling everyone about their house, now you need … (5 comments)

mortgage: Quick... - 07/06/10 07:44 AM
FSBO... What does it stand for?
HAFA... potentially the trickiest acronym of all in the Real Estate field, but not if you know the process.
In order to reduce the number of foreclosures in the US, the Treasury Department introduced a new federal program that makes it easier to process a short sale for people unable to keep their homes.
Check out www.makinghomeaffordable.com for more information.
And by the way, Home Afforable Foreclosure Alternative (HAFA).
 
By Karin Stocknoff on July 6, 2010
 
The Kasey Group Sells...
(0 comments)

 
The Kasey Group

The Kasey Group

Stratford, CT

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Address: 3288 Main Street, Stratford, CT, 06614

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