Twice this week a seller said to me, “We are selling as is.” Upon further questioning in both instances, I realized their intent was not only not to repair potentially big ticket items that a buyer would fully expect to be functioning at time of purchase but they also did not think this would significantly impact their sales price. What?
Multi-family or single family investment real estate can bring in nice returns to your investment portfolio. Some investors make it look easy. Others claim that they will never do it again. Investment real estate comes with inherent risk that you should be aware of and it’s not the easiest way to make money. What should your consider [...]
CHFA rates just dropped to 3% this week. This is great news for first time buyers and especially buyers in CHFA target areas, who receive an additional ¼ percent interest rate reduction. [...]
Kids are out of school and families are relocating. New semesters and many academic jobs start in the fall and everyone would like to be settled by then. There are more buyers hunting with more availability to look at homes on weekdays and weeknights with the whole family in tow. Your friends and [...]
The World is Flat in Eastern Connecticut
Our MLS put out a new tool for market statistics. This tool has the ability to show median prices, days on the market, list to sales price and other metrics. In the interest of keeping it simple I thought I would compare some towns that are often connected or share borders and/or services. For [...]
This is a Cliff Notes version of concrete news. I encourage everyone to read up on this subject as it will eventually affect all homeowners in at least central and eastern CT and MA. The best sources are [...]
Wallpaper: Wallpaper & borders, old and new, even if it is tolerable and to the buyer’s taste (not likely) it is usually very difficult to remove and painting over it is not really a good option. It could require a steamer, a scraper, and a sander and sometimes the sheet rock comes with it. Hiring it out could be a costly expense that the [...]
I started my morning with this email:
As real estate is about location, location, location...In our experience, so too is the Realtor. Jeanne helped and orchestrated the removal of wretched tenants and then the sale of our home in under 24 hours. By far the best money we spent in selling our home of over 20
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I ran across an article recently titled “15 things home buyers will HATE about your house. . At first glance, I wondered if I would agree with the assessment and if I could based on my personal experience, add a few of my own. I also polled the agents at Home Selling Team, the local experts, who have vast knowledge and a varied [...]
Housing inventory in Mansfield is low. Is it the gloomy skies? The constant rain during one of the wettest Aprils on record? Is it trepidation about crumbling basements? Is it the volatility of interest rates? If you read what is reported about Connecticut’s declining census, you have to wonder why inventory isn’t booming. Are these [...]
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