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
This past Sunday there were 36 foreclosures advertised in the Hartford Courant. A few months ago there would only be one page of foreclosures advertised. Now we’re up to 3-4 pages of foreclosures every Sunday. This week, one of them was on my block in the West End. The sign went up on the lawn 2 weeks ago. After it was listed in the Courant, I had 3 people call me to ask how they
I’ve mentioned previously that I recently became an investment property owner and believe the market is now ripe for people who have a little extra cash to dive in. There is a new book out that I’ve started reading and it’s excellent. Here’s a supporting book review that I found on Boston.com. Enjoy!
The hubby and I recently became investment property owners in West Hartford. It’s exciting and nerve-wracking at the same time. Kind of like watching your teenager learn to drive, but with your car. It took us about a month to get the place rented after our closing. Here are a few tips you might find useful if you’re thinking about investing: 1. Craigslist is a free and easy way to find potential renters. We used
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