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Looking for a home on the Lake!
In Woodstock CT you are sure to find one!
We have Lake Bunggee, Witches Woods Lake, Quasset Lake and many other small bodies of water!
Lake Bunggee is a great, fully recreational lake!

Great Sunsets too!
With Boating, fishing and great lake community events which
include a summer Ice cream social and community barbecues!
A great place to live!
You can visit
to begin your home search for your very own
Lakeside property in the Beautiful Woodstock CT
Whether you are buying a home or selling a home
contact Carol Ryniewicz today!
Your home is the GOAL!
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Finding themselves severely upside down and crunched for cash, I received an email requesting assistance in short selling this clients home. We had a little hiccup, but also a positive surprise!
Single lien Indymac short sale, with PMI. After 90 days we received a low offer and ran with it. The valuation came in about 15k too high, and our buyer was not willing to budge and they walked. Having the number One West Bank wanted in hand, we were able to secure a new buyer in a matter of weeks!
With the bank's value now in line with sale price, the file went on to the MI company. Mortgage insurance companies can be a major stumbling block in the short sale process, often requiring large promissory notes and/or cash contributions.
I have seen this particular MI company ask for a $20,000 promissory note from a client on disability in the past, so I was VERY surprised when the MI company did not even ask for a contribution at all.
Here's the numbers:
Amount owed: $279,000
Sale price : $156,500
Closing costs allowed: $11,000
Net to lender: $145,500
Deficiency: $133,500
Now IndyMac and the MI company refused to release my client from the liability for the deficiency, and they would not budge on this at all. Sometimes, this happens. After speaking with their attorney, the consensus was that no one can predict the future and my clients chose to go through with the short sale, as it is better than having the foreclosure on their credit. Their attorney advised them it was better to go the short sale route and hope they don't pursue, then to let everything keep piling up on them month after month, as they would end up in the same position deficiency wise if they let the lender foreclose anyway.
Need to sell your home? Why settle for less than 5 stars? 2011 and 2012 Connecticut Magazine 5 star real estate agent!

Patrick
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Looking for a home on the Lake!
In Woodstock CT you are sure to find one!
We have Lake Bunggee, Witches Woods Lake, Quasset Lake and many other small bodies of water!
This is my daughter on the left and her friend!
Water sports is great fun!

The sunsets are awesome too!
Great fun for all!
To search for homes on Lake Bunggee & Witches Woods Lakes
Hope to see you at the Lake!
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