Short sales are becoming more common these days, whether we like it or not. A short sale occurs when the sale of a property will not generate enough proceeds to cover what the seller owes their mortgage lender(s). Offers on short sale properties must be approved by the seller’s lender before they can be officially accepted. And when a short sale property is listed in the Multiple Listing Service, the agent must call out language
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I received the latest issue of Fortune in the mail yesterday and there was a very interesting article about the suburbanization of China titled “Suburbia Comes to China.” Much of it was fairly disturbing, but still fascinating. I’ve tried to find a link to the story, but Fortune doesn’t appear to want to provide it. Hmm. So, if you have a chance, borrow a copy or buy a copy. When I have a little time
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If you’re headed to the Connecticut Deparment of Motor Vehicles in Wethersfield, you’ll most likely find yourself driving through a picturesque part of town known as historic Old Wethersfield. Dating back to pre-Revolutionary War times, this historic district has architectural examples from the past three centuries. There are a few museums to tour including the Webb-Deane-Stevens Museum and the Wethersfield Museum, run by the Wethersfield Historical Society. You can also enjoy browsing in small shops
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I recently posted the latest real estate statistics for single family homes in Greater Hartford. Below are the latest real estate statistics for condos in Greater Hartford. I pulled the time period of April through July (essentially the spring market) and compared 2008 to 2007. A few things to keep in mind; some towns simply have more condo complexes than others, some towns have lots of new condo construction going on while others do not,
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Starbucks is starting a new gimmick nationwide today to try and boost afternoon sales. Essentially, if you buy a drink in the morning, bring your receipt in after 2PM that same day, and get any Grande cold drink for just $2 plus tax. Some drinks offer significant savings with this deal.