September 5, 2017

As a would be homebuyer wanting to go see homes there are generally two initial questions you are likely to encounter when talking to real estate agents: #1 – Are you working with a Realtor in your home search? The reason Realtors ask this is to find out whether you are already working with another real

Read More

September 5, 2017

WHEN FACED WITH COMPETITION FOR THE NEW HAVEN COUNTY HOME YOU WANT TO BUY – CONSIDER THESE 4 TIPS TO BECOMING THE WINNING BIDDER:Be flexible! Find out a little more about the seller’s situation. Are they trying to find a new home to buy while selling the old? Perhaps they could use a longer time to close or

Read More

September 5, 2017

Yes – it is quite common for home buyers to ask sellers to contribute money towards their closing costs.An example of how this works is: John and Mary want to buy a Woodbridge, CT home for $200,000.  John and Mary anticipate $8,000 of closing costs to be due at closing. They offer the sellers $208,000 with

Read More

September 5, 2017

There are several costs involved in any property transaction in Connecticut, several of which fall on the home buyer. Besides the actual purchase price and down payment, other costs of sale for the buyer include: Mortgage related costs: Upfront costs of funding your loan generally run 3-5% of the purchase price. These costs include origination fees, appraisal, upfront

Read More

September 5, 2017

Buying your first home can be an exciting and intimidating prospect. So many questions come to mind when deciding whether to buy including:Is this the right time?How much money do I need to buy a home?How long will the process take?Should I consider a foreclosure? How do short sales work?Can I buy a fixer upper and

Read More