If you are thinking about buying a house any time soon, please keep “speed” in mind. No, I am not talking about drugs. By “speed” I mean your ability to react quickly if you happen to come across the house of your dreams. Here are two perfect scenarios where you will almost always lose out: 1. You have a house to sell that is not yet on the market, and you can’t afford to carry
I had an agent, “Pat,” contact me this week about one of my listings. Pat’s clients were interested in the house and considering putting in an offer. Pat proceed to ask me how “creative” my clients were. Being left-handed, I’m always open to creativity, so I asked for an explanation of what they had in mind. Pat gave me some details about how the contract would be structured and then mentioned that the buyers would
Looks like Max’s Oyster Bar was able to escape a huge rent increase and will be sticking around West Hartford Center after all. Facing a 50% increase in their rental expense after missing a rental agreement deadline, M-O-B averted eviction when a court ruling went in their favor last Friday. So, grab a bowl of New England Clam chowder and some mussels on the half shell and celebrate… As an aside, this story highlights the
Ah, Martha. I’ll admit it, I subscibe to Martha Stewart’s Living magazine. When my latest issue came today, I salivated over the hydrangeas on the cover, silently cursing my own for not producing one single “snowball” this year. But my brown thumb is a blog post for another day… As a Realtor, I’m often consulting Martha-media for ideas. How do we stage a room more appropriately? What cosmetic changes can be done cheaply, but help
Mortgage rates continue to be in the news and are weighing on the minds of some homebuyers. Earlier in the month we looked at the dollar impact of higher rates (http://www.amybergquist.com/blog/2007/06/14/rising-mortgage-interest-rates/). The final result was that the changes we’ve seen over the course of this year (6.25% to 6.75% on a 30 year fixed) have resulted in monthly payments increasing by about $33 for every $100,000 borrowed. Since that post, rates have stabilized and even