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About Windham County, CT

Woodstock CT Real Estate Sales for January 2012

Carol  Ryniewicz: Real Estate Agent in Woodstock, CT

Lake Homes For Sale in Woodstock CT

Carol  Ryniewicz: Real Estate Agent in Woodstock, CT

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

Carol-Ryniewicz.com

or NortheastCThomes.com

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!

Check out our Facebook page for Lake Bunggee

Short sale approved and closed in North Grosvenordale, CT with IndyMac Mortgage services/ One West Bank and Fannie Mae.

Patrick James: Real Estate Agent in Middletown, CT

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!

5 star logo

Patrick

Woodstock CT & Woodstock Valley Real Estate Market Report

Carol  Ryniewicz: Real Estate Agent in Woodstock, CT

Have you been wondering what the real estate Market in Woodstock CT is like?

Here it is!

Carol Ryniewicz, Associate Broker

Coldwell Banker Residential Brokerage

Woodstock / Pomfret office

Lake homes in Woodstock CT

Carol  Ryniewicz: Real Estate Agent in Woodstock, CT

Looking for a home on the Lake!

In Woodstock CT you are sure to find one!

Click here 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

Click here!

Hope to see you at the Lake!