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The Home Store Real Estate

The Home Store Real Estate

Wallingford, CT
Real Estate Office
203-631-2955
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Blog

Price Explosion in Connecticut

Not quite........ but definitely a seller's market so far for 2019. While this is great news for sellers who have waited almost 11 years for some sort of appreciation, it's not so good for would be ... Read more

The Home Store Real Estate Celebrates its 10 Year Anniversary

The Home Store Real Estate recently celebrated its 10th anniversary, announced Joe Criscuolo, owner/broker. Encouraged by past and present clients, Joe left the corporate real estate world in December of 2007 to open up his own company to specialize in pr... Read more

Real Estate Tip of the Day

Real Estate in Connecticut is only slightly appreciating after several years of decline. Purchasing a home or a condo today is more of a lifestyle choice than an investment, although their are tax benefits and forced equity savings as your mortgage balanc... Read more

Lease or Purchase Solar Panels-A Realtor's Perspective

We recently had an experience selling a home with newly leased solar panels installed. The homeowner paid a monthly lease fee of $95 plus $19.25 monthly to the utility company. The panels would be owned outright after 25 years or they could be purchased u... Read more

New FHA Appraisal Standards To Be Aware Of

The new standards require appraisers to operate appliances, inspect the electrical box, flush toilets, turn lights on and off, turn on all faucets and check hot/cold water, inspect for proper drainage around the house, perform a head and shoulders inspect... Read more

New TRID Law, Benefit or Buyers and Sellers Worst Nightmare

Congress recently directed the Consumer Financial Protection Bureau (CFPB) to revamp all real estate transaction disclosure forms to streamline the loan process and to create more transparency into the costs and terms associated with home financing as a p... Read more

"SHORT SALE" Buyer & Seller Confusion

It's interesting how many consumers still ask us, "What is a Short Sale and are they right for me?" A Short Sale is when the present mortgage holder agrees to accept a lower loan balance due in order to facilitate the sale of a particular p... Read more

How rising mortgage rates are affecting your buying power

Mortgage rates are sharply higher than they were a year ago when the 30-year conventional fixed rate mortgage with a 10% down payment was 3.3 percent. The current rate is 4.4 percent. If you qualified for a $200,000 loan a year ago and your income has no... Read more
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