Connecticut Financing Update and Today's Mortgage Rates 2/15/2014

Rates have now been floating at same leveles for a few weeks straight now.  The 10 year treasury is at 2.72%.  In recent months rates have been going higher and higher since early May.  Anyone looking to close within the next short term period then you might be better off locking into a rate now.

Today's Mortgage Rates

Conventional 30 year fixed          4.5%             APR 4.557%

Conventional 15 year fixed          3.625%         APR 3.719%

Conventional 5/1 ARM                 3.250%          APR 3.167%

Conventional 7/1 ARM                 3.500%          APR 3.419%

The above rates are based on a loan amount of $417,000 for a single family home, a borrower’s middle credit score of 780 and a 20% down payment.  If you would like a customized rate quote for your own specific loan scenario then please feel free to email me at nima@primeres.com or call me directly at 203.913.6016.

This is not an offer for extension of credit or a commitment to lend. All loans must satisfy company underwriting guidelines. Information and pricing are subject to change at any time and without notice. This is not an offer to enter into a rate lock agreement under any applicable law.

As a lending professional, Nima Rezvan meets a wide range of real estate lending needs, whether it be a first time purchase, second home purchase, or refinance. He welcomes the opportunity to serve your needs with quick and accurate real estate financing advice. With his expertise and knowledge, he will make sure you understand the features associated with the loan program you choose and that it meets your unique financial situation.

With more than 10 years of mortgage lending experience, Nima specializes in  Conventional Mortgages,  Jumbo Loan Financing, Refinance, First Time Home Buyers and Federal Housing Administration/Veterans' Administration (FHA/VA)

782 Clinton Avenue

Bridgeport, CT 06604

Phone: 203.913.6016

Email: nima@primeres.com

"When You Deserve the Best, You Deserve Judy"

* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *

 The Featured Home of the Week is a 3 bedroom, 2 bath ranch home at 20 Hickory Drive, Westport  for just $549,900. See the virtual tour HERE 

 .....or better yet, call Judy to schedule an appointment to see it!

* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *

 Buying or Selling a Home in Fairfield County?  Contact us!

If you have a question about buying or selling Real Estate in  Fairfield County, and are in need of representation, I invite you to contact me. I know the market like the back of my hand, know marketing inside and out, am a skilled negotiator- and I'd love to be on your side :) - Judy

Search for properties on any of our sites, or get the very best visibility available for your home. Visit us online wherever you like: Find out more about Judy here

www.CThomesAndRealEstate.com      www.TheCTrealtyBlog.com     www.TheCTRB.com    and   www.CTfeaturedHomes.com 

 Email us or  call Toll Free (855) GET-JUDY

Happy Valentine's Day 2014

Wishing our family, friends, clients, fans and followers

a Happy (and SUNNY!) Valentine's Day!

With <3 from Judy, www.TheCTrealtyBlog.com and www.CThomesAndRealEstate.com

Email us or call Toll Free (855) GET-JUDY

Pricing Your Home For Sale in a Changing Market

Pricing a home is NOT guesswork, period.  A number of detailed and thorough analyses are necessary to place a proper number on your home, which is most often your most valuable asset....

By "proper number", I mean the highest reasonable number that is possible to obtain for your home in the current market.

A Comparable Market Analysis ( CMA)  is an analysis of homes that are similar to yours in one respect or another, where an agent analyzes their pricing and the current real estate market trend(s) in order to arrive at an appropriate price for your home.

I have seen many analyses given to sellers  (who ultimately became clients of mine) - and quite frankly, I am surprised with the lack of statistical substance that the other agents provided to these homeowners.

Comparing your home to five  homes  that are on the market, five  that are under deposit, and  five  recent sales can NEVER give you an accurate price for your home. Rather, the price would indicate an average of those fifteen houses.  Some agents use less than 10 comparables in total to price your home. That just can't be effective, can it?

Let me put it to you one way, and this is the only way. In order to price your home properly, a lot of research must be done by your real estate agent so that you don't overprice it or underprice it, especially right now, when the market is changing. In this market, you can push the pricing envelope, but you need to know exactly how much. Statistics will show you that.

The best market analysis that you could possibly get from a Realtor is one that is so thorough, that the Realtor  does not even have to tell you a price  for your home. It will be as clear as day to you. A number of cross-referenced analyses that point to a specific number  in  the same range are the most accurate. That's the right way, with no shortcuts.  Don't settle for anything less. 

BOTTOM LINE: If you want to price your home correctly, and get top dollar, contact me. (203) 257-5892

"When You Deserve the Best, You Deserve Judy"

* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *

The Featured Home of the Week is a 3 bedroom, 2 bath ranch home at 20 Hickory Drive, Westport for just $549,900. See the virtual tour HERE

.....or better yet, call Judy to schedule an appointment to see it!

* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *

Buying or Selling a Home in Fairfield County? Contact us!

If you have a question about buying or selling Real Estate in Fairfield County, and are in need of representation, I invite you to contact me. I know the market like the back of my hand, know marketing inside and out, am a skilled negotiator- and I'd love to be on your side :) - Judy

Search for properties on any of our sites, or get the very best visibility available for your home. Visit us online wherever you like: Find out more about Judy here

www.CThomesAndRealEstate.com  www.TheCTrealtyBlog.com  www.TheCTRB.com and www.CTfeaturedHomes.com

Email us or call Toll Free (855) GET-JUDY

Weston- One of Fairfield County CT's Best Small Towns

Weston is one of the most affluent towns in the country. This scenic and quiet town is located in southwestern Connecticut, and bordered by Westport, Easton, Fairfield, Redding and Wilton.

Almost 25 percent of Weston is devoted to open space, and the town is known and respected for its conservation restrictions. Weston takes tremendous pride in its heritage and goes to great lengths to preserve its historical sites.

The Weston Historical Society is an active one, and the town maintains three historic districts; The Bradley Edge Tool Company Historic District, The Kettle Creek Historic District and the Norfield Historic District.

Please "like" our real estate page on facebook devoted JUST to Weston. Click here!, and if you are looking to buy or sell in Weston, please contact us!

Some Quick Facts: Land area is approximately 19.8 Square miles and the elevation is 308 feet. Incorporated in 1787, Weston currently has about 9,799 residents in 3,203 households, 87% of which are owner occupied. Approximately 17% of the housing stock was built prior to 1950. The 2012-2013 Tax Rate is 24.02 mills  See the 2011-2012 property tax rate here.

OUR INTERVIEW WITH THE DAILY WESTON PUBLISHED ON JANUARY 11, 2012

The History of Weston begins in the early 18th century, when the first settlers from England arrived. They settled in what was originally a part of Fairfield until Weston incorporated in the late 1700's. Mostly farmers, their main crops were apples, onions and potatoes. By the mid 1850's, there were plenty of factories in town, as well as Grist, cider, lumber, and fulling mills, the only factory left in town by 1900 was the Bradley Edge Tool Company which unfortunately burned to the ground in 1911.

The Saugatuck Reservoir holds approximately 12 billion gallons of water and is the compilation of land purchased by the Bridgeport Hydraulic Company in the 1920's ifor that purpose. In 1927
the Connecticut General Assembly gave BHC the power to condemn property when necessary, and by 1936 they had acquired most of the 5,000 acres necessary to build the reservoir. Scenic, beautiful, and well protected, as is much of Weston.

Area and Neighborhoods in town include Lyons Plains, Weston Center, Aspetuck, and Georgetown, on the Redding line. There is a two acre lot minimum on residential property, no condominiums in town, and there is little commercial development, aside from a few stores in the center of town.

Westonites and nearby residents alike look forward to the Hurlbutt Elementary School PTO Memorial Day Weekend Fair, the Weston Volunteer Fire Department's Memorial Day Parade, and The Grange Fair at harvest time, as well as the quiet enjoyment of Westons acres and acres of protected land. Devil’s Den has 1,765 acres of protected beauty, and roughly 40,000 visitors a year apparently think the same thing! The Katherine Ordway Preserve has nearly 62 acres and an arboretum, and the 645 acres (16 preserves) of Aspetuck Land Trust are spread out enough over town that trails are easily accessible to just about every neighborhood.

Other recreational facilities include the 53 acre Bisceglie-Scribner Park which has baseball fields, a jogging trail, the Kiwanis Fitness Trail, picnic facilities and a swimming pond and runs along the Saugatuck River.

Morehouse Farm Park has 8 ball fields, 6 acres along the Saugatuck River at Keene Park, and open land around the Saugatuck Reservoir. 

New York City is only about 45 minutes away, and a good number of town residents work in Manhattan because the commute is minimal for the privacy and tramquility that this town provides. Actors, artists and writers from New York recognized this as early as the 1930's and many chose Weston to be their home, inlcluding Robert Redford, Christopher Plummer, Rodney Dangerfield, Keith Richards, Bette Davis, Jose Feliciano and Eartha Kitt.

"When You Deserve the Best, You Deserve Judy"

* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *

The Featured Home of the Week is a 3 bedroom, 2 bath ranch home at 20 Hickory Drive, Westport for just $549,900. See the virtual tour HERE

.....or better yet, call Judy to schedule an appointment to see it!

* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *

Buying or Selling a Home in Fairfield County? Contact us!

If you have a question about buying or selling Real Estate in Fairfield County, and are in need of representation, I invite you to contact me. I know the market like the back of my hand, know marketing inside and out, am a skilled negotiator- and I'd love to be on your side :) - Judy

Search for properties on any of our sites, or get the very best visibility available for your home. Visit us online wherever you like: Find out more about Judy here

www.CThomesAndRealEstate.com  www.TheCTrealtyBlog.com  www.TheCTRB.com and www.CTfeaturedHomes.com

Email us or call Toll Free (855) GET-JUDY

Connecticut Financing Update and Today's Mortgage Rates 2/8/2014

The 10 year treasury is at 2.67 percent, and interest rates remain at levels similar to last week. As a note, recent months rates have been going higher and higher since early May.  Anyone looking to close within the next short term period then you might be better off locking into a rate now.

Today's Mortgage Rates

Conventional 30 year fixed          4.5%             APR 4.557%

Conventional 15 year fixed          3.625%         APR 3.719%

Conventional 5/1 ARM                 3.250%          APR 3.167%

Conventional 7/1 ARM                 3.500%          APR 3.419%

The above rates are based on a loan amount of $417,000 for a single family home, a borrower’s middle credit score of 780 and a 20% down payment.  If you would like a customized rate quote for your own specific loan scenario then please feel free to email me at nima@primeres.com or call me directly at 203.913.6016.

This is not an offer for extension of credit or a commitment to lend. All loans must satisfy company underwriting guidelines. Information and pricing are subject to change at any time and without notice. This is not an offer to enter into a rate lock agreement under any applicable law.

As a lending professional, Nima Rezvan meets a wide range of real estate lending needs, whether it be a first time purchase, second home purchase, or refinance. He welcomes the opportunity to serve your needs with quick and accurate real estate financing advice. With his expertise and knowledge, he will make sure you understand the features associated with the loan program you choose and that it meets your unique financial situation.

With more than 10 years of mortgage lending experience, Nima specializes in  Conventional Mortgages,  Jumbo Loan Financing, Refinance, First Time Home Buyers and Federal Housing Administration/Veterans' Administration (FHA/VA)

782 Clinton Avenue

Bridgeport, CT 06604

Phone: 203.913.6016

Email: nima@primeres.com

"When You Deserve the Best, You Deserve Judy"

* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *

 The Featured Home of the Week is a 3 bedroom, 2 bath ranch home at 20 Hickory Drive, Westport  for just $549,900. See the virtual tour HERE 

 .....or better yet, call Judy to schedule an appointment to see it!

* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *

 Buying or Selling a Home in Fairfield County?  Contact us!

If you have a question about buying or selling Real Estate in  Fairfield County, and are in need of representation, I invite you to contact me. I know the market like the back of my hand, know marketing inside and out, am a skilled negotiator- and I'd love to be on your side :) - Judy

Search for properties on any of our sites, or get the very best visibility available for your home. Visit us online wherever you like: Find out more about Judy here

www.CThomesAndRealEstate.com      www.TheCTrealtyBlog.com     www.TheCTRB.com    and   www.CTfeaturedHomes.com 

 Email us or  call Toll Free (855) GET-JUDY