Smart Buy on Prospect Avenue

One of my favorite houses on Prospect Avenue in West Hartford recently sold. I typically walk by it on a daily basis while walking my dog. Well, in July, it went up for sale. It was bank owned and being sold As Is, originally listed at $769,900, which was about $100 a square foot. Not bad considering that houses on Prospect Avenue typically sell for $150-$225 a square foot. I went to take a look

Inventory's Up. How Do You Differentiate?

The Greater Hartford Association of Realtors recently released their statistics for July. For the year (and July), the number of listings is up and closed sales are down. Add to that the shrinking number of available buyers due to the mortgage industry troubles. So, to put your home sale in business terms, you now have more competition and fewer buyers. Time to differentiate! 1. Most importantly, price your house right. Be sure the agent listing

What's All This Junk?

So you get to the final walk-through and the house isn’t in broom clean condition. This is actually more common than you would think. Sometimes sellers purposely leave belongings behind, sometimes it’s just a mistake. With my personal residence, we did the final walk-through and everything appeared to be removed. Two weeks later we were investigating the dark corners of the attic and found a sad dresser that had been collecting dust for many, many

Closing Issues

Here are a couple of quick tips in order to avoid potential issues at closing. If you know you’ve found the home you’d like to purchase, before you leave the property, make sure you go over the Inclusion and Exclusion sheet. If there are items that you would like included that aren’t spelled out on the I/E sheet, make sure they are written into your purchase and sale agreement. No one likes to go through