The Evolution of Appraisal Risk

Real estate appraisals have been a hot button issue over the past few years. First, appraisers were implicated as a contributing factor to the real estate bubble in the mid 2000s. The line of thinking was that they were focused less on the accuracy of their results than on their next deal. Next, the government responded by clamping down on the appraisal process to prevent lenders and real estate agents (who were both also implicated

Homebuyer Event on Monday April 9, 2012

Have you ever thought about buying a home? Whether you are considering a search this spring or not planning to look for years, this informational session will help you understand the basics of buying a home in the Greater Hartford area. It will be more of a conversation than a lecture, and questions will be strongly encouraged. We will be leading the HYPE Homebuyer Seminar on Monday, April 9th, 2012 at 6:00pm. It will be

Is the Price Negotiable?

Yesterday I hosted an open house at one of our listings. At least 3 of the visitors asked me if the price was negotiable. My advice to buyers is always: If you’re a serious buyer and interested in a house, put in an offer. If you don’t think the house is worth the asking price, offer something lower. You’ll never know how negotiable the sellers are unless you put in that first offer. That’s the

Real Estate Dreams

What kind of home would you live in if you could go out right now and buy a place? I’m not talking about the pie-in-the-sky fantasy here (I’m going to buy my own island!), rather asking what kind of home would ideally fit your current lifestyle, interests, and approximate budget? The American Dream Amy and I lived in apartments for a long time. After college we were working in the Boston area and weren’t mentally

Buyers: Get Your Act Together

This past weekend I held an open house at 55 Grennan, in the heart of West Hartford Center. For those that don’t know, the West Hartford Center market is very active, and right now strongly favors sellers. Homes that are priced properly tend to sell very quickly because there are many buyers and agents on the lookout for opportunities. Our listing went under contract shortly before the open house. Since it’s virtually impossible to cancel