Closing Cost Considerations

No one really likes surprises. Particularly when they come up shortly before a scheduled closing. As a buyer, your mortgage banker will provide you with a Good Faith Estimate after you’ve submitted your mortgage application. The GFE will help you understand approximately how much money you’ll need to bring to the closing. The mortgage brokers my clients tend to use have typically been very accurate with their GFEs, which is a happy occassion for my

Mortgage Math Tip

Buyers often come to me and say that they want to keep their monthly mortgage payment below a certain amount. It’s typically some amount over what they are currently paying in rent. For every house they will ask me, “What’s my estimated monthly payment?” I like to teach people this simple trick so when looking online, they can determine if they should be considering a property. Here’s the trick… At an interest rate of 6%

10 Thomson Road, West Hartford

If you’re looking for a charming home within walking distance to West Hartford Center and Blue Back Square, this might be the one! It’s a 1759 square foot, 3 bedroom, 2.5 bath colonial with nicely refinished hardwood floors and central air. There is a first floor family room, a 1-car oversized garage, and potential to finish the basement. The listing price is $297,500. If you would like to see the home, you can call me

Greater Hartford Real Estate Market Report

Thanks to a loyal reader for the request of data on additional towns. If you would like to see other towns, just comment on this blog, or send me an email offline. All info presented is from the Multiple Listing Service as of today, for single family homes only, deemed reliable, but not guaranteed… There are 75 homes available for sale in Newington and 50 under contract waiting to close. Average days on market is

Farmington Valley Real Estate Market Report

Here’s the latest Farmington Valley real estate market report. The data provided is for single family homes, listed in the Multiple Listing Service. The info presented here is deemed reliable, but not guaranteed… There are 142 homes available for sale in Avon and 46 under contract waiting to close. High end buyers have their choice of properties. Average days on market is 41 days. There are 135 homes available for sale in Farmington and 43