Another First Time Home Buyer Helped in Meriden CT

By
Real Estate Agent with Mapleridge Realty, CT 203-206-0754 REB.0759001

You Helped Me Buy My Dream Home

Helping  a first time home buyer in Connecticut realize their dream of owning a home gives one a very warm feeling.  It is not only the efforts expended on both parts, but the emotions the home buyer experiences while going through the process.

 

Another First Time Home Buyer Helped in Meriden CT

What made this purchase more challenging for the buyer was the fact that the home was an REO foreclosure with some issues that made it a perfect choice for an FHA 203K Loan.  To the buyer's advantage, the issues were minor, yet still totaled almost $5,000 which would be well beyond the resources of a first time buyer. 

The advantage and benefit of this re-hab mortgage for this First Time Home buyer was  not only was money available for the repairs that they did not have as reserves, but the extra money borrowed was included in the main mortgage at the same interest rate for the term of the loan.

This buyer was related to someone that I had helped previously and was ecstatic to be a home owner. Dreams can come through for home buyer.

 

If you would like information on homes for sale in Meriden CT please call me at 203-206-0754 or send me an email. I would be happy to assist you or to discuss homes on the market in Meriden CT.

 

Another First Time Home Buyer Helped in Meriden CT

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Whether looking to buy or sell, we service the Greater Waterbury towns of Beacon Falls, Bethany, Cheshire, Naugatuck, Middlebury, Southington, Thomaston, Waterbury, Watertown and Wolcott 

 

Ed Silva  Mapleridge Realty, LLC,   203-206-0754

Comments (11)

Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Good evening Ed Silva ,

Looks like you are busy making dreams come true for home buyers! Congratulations!

Jul 20, 2016 11:31 AM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Ed I agree working with first time homebuyers and helping them realize their dream of owning a home is special.

Jul 20, 2016 11:37 AM
Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

What a good feeling Ed, good for you. I also agree that first time buyers are rewarding to deal with.

Jul 20, 2016 01:04 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Congratulations Ed nice to see you paying for your Golf Course Tea Time:))Endre

Jul 20, 2016 04:01 PM
Wayne Zuhl
Remax First Realty II - Cranford, NJ
The Last Name You'll Ever Need in Real Estate

First time home buyers are fun to work with - congratulations on the sale! 

Jul 20, 2016 09:14 PM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good Morning Ed - it is rewarding to help people as they build their equity.  People don't care how much you know until they know how much you care.

Jul 20, 2016 11:45 PM
Larry Johnston
Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN
Broker,Friends & Neighbors Real Estate, Elkhart,IN

Hi Ed Silva , I enjoy working with first time home buyers, because their excitement becomes infectous.

Jul 21, 2016 11:52 AM
Emily Medvec
eXp Realty LLC - Santa Fe, NM
Realtor | Serving Santa Fe & Northern NM

The FHA 203K Loan does more than give the first time home buyer a loan. In Santa Fe, it finances the improvement of older housing stock often out of financial reach for many buyers, never mind first time ones. Thanks Ed Silva for this post and how this type of loan made a difference for the buyer!

Jul 21, 2016 11:20 PM
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

Hi, Ed. Nice work helping out this first time buyer. I've done a few of the 203K loans. 

Jul 22, 2016 09:08 AM
Gayle Rich-Boxman Fishhawk Lake Real Estate
John L Scott Market Center - Birkenfeld, OR
"Your Local Expert!" 503-755-2905

Ed, those 203K loans can be a lifesaver! And a window of opportunity. How exciting for all of you--big congrats!!

Jul 22, 2016 12:15 PM
Evelyn Johnston
Friends & Neighbors Real Estate - Elkhart, IN
The People You Know, Like and Trust!

I love that the repairs were relatively minor, they didn't have to borrow the maximum of $35,000 to make it truly feel like their home! Great job!

Jul 23, 2016 03:44 AM