naugatuck Archives - Reid Real Estate Group

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November 8, 2018

Naugatuck CT Short Sale Success: Man sells home for $50k less than the mortgage amount and walks away debt free!

Like many others, this Naugatuck homeowner was forced to relocate for work and unable to sell his home for what he owed. He decided to rent out the home while he waited for the market to recover, but several years later he was tired of dealing with the headaches of being a landlord, and his […]

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Naugatuck, CT Home Sale Prices Hit 9 Year High in 2018!

Naugatuck, Connecticut real estate prices have been recovering since 2014 when home sales prices bottomed out. The last few years of increasing buyer demand, coupled with decreasing home inventory have led to homes selling faster and prices finally moving upward statewide. Naugatuck prices have gained quick speed over the last few years, reaching a 9 […]

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September 11, 2017

Living in Naugatuck, Connecticut

Naugatuck, CT, 06770 , is a charming town in New Haven county. Settled in 1701 as a farming community in rural western Connecticut, Naugatuck was later transformed into a mill town as the industrial revolution commenced. Modern day Naugatuck is a bedroom community with the peaceful Naugatuck river flowing through it.  The town spans both […]

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September 1, 2017

Naugatuck short sale success with Bank of America and SLS!

HOME SALE CHALLENGE:After an employment change and several unsuccessful attempts at modifying her loan, our Naugatuck homeowner found herself unable to pay her mortgages and with no equity to sell, she realized her only option was to pursue a short sale.REID REAL ESTATE GROUP APPROACH:Our seller had two loans on the property – one with BOA and another with SLS. While […]

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