Buying Your First Home - Ashford, Connecticut

Purchasing a home for the first time can be a very stressful and complicated process. Enlisting the services of experienced real estate related professionals will provide you with the information and advice to make sound decisions. Buyers often interview mortgage loan officers, Realtors, attorneys, home inspectors, accountants and financial advisers during the process of purchasing a property. Information regarding the home buying and selling process, demographics, commuting, school and relocation information can be found by visiting

ASHFORD CT REAL ESTATE

Financing

Most home buyers will obtain a mortgage to purchase their home and there are numerous first-time home buyer financing programs offered by state agencies, local banks and national lenders. A common source for mortgage funding is the FHA (Federal Housing Administration). The major benefits of their programs include low down payment options (can be gifted by a family member), flexible qualifying, assumable mortgages, and rehab financing.

In 2009, there are four major reasons to consider purchasing your first home:

1. First-time home buyer tax credit of $8000 (for qualified buyers).
2. Historically low interest rates.
3. Affordability - declining values in the past three years provide exceptional price offerings.
4. Tax benefits - current tax law favors owning a home over renting.

The Home Search

Consumers in Connecticut have the option of hiring a real estate agent to represent them in "buyer agency" and this is disclosed in a "mandatory disclosure form" required by state law. The agent has a fiduciary responsibility to represent the buyer's interests instead of the seller's. Interview two or three agents to determine their qualifications before signing an agency contract.

Your agent can assist you in searching for a property through the Ashford CT MLS (Multiple Listing Service) and homes sold by their owners (FSBO). Most property for sale, including Ashford CT foreclosed and bank owned homes, is listed in the MLS.

Home Inspection

Once you have found the property and successfully negotiated a purchase and sales agreement, you will probably contract for a home inspection. This will give you more detailed information about the overall condition of the home prior to purchase. In a home inspection, a qualified inspector takes an in-depth, unbiased look at your potential new home to:

1. Evaluate the physical condition: structure, construction, and mechanical systems;
2. Identify items that need to be repaired or replaced; and
3. Estimate the remaining useful life of the major systems, equipment, structure, and finishes

Title and Closing

Title companies or attorneys will research the title to make sure both the lender and the buyer is protected and has "clear title" to the property. Prior to the actual closing, most buyers schedule a final walk-through with their agent to inspect the property. Once the closing is complete buyers can now occupy their new home.

Visit Virtual Homes real estate to visit cities and towns to obtain home buying information. Visit Rhode Island real estate, MA real estate and NY real estate for information about communities, homes and condominiums.

I had the chance to see the movie 2012 this past week.

2012 stars John Cusack, Chiwetel Ejiofor, Amanda Peet, Oliver Platt, Thandie Newton, Danny Glover and Woody Harrelson.

In my movie reviews I do not discuss the movie in specific detail so as not to ruin your own movie going experience (don't you hate when you see a trailer and feel like you have just seen the whole movie?).

OK here is is on a scale of 1-4 I give it a 1 star. I think the critics were generous when they gave it a "C". The one star I gave it came from the special effects. Yes it's true, this may be one of the most amazing movies EVER when judged solely on spefial effects. If this is your thing than this movie is a must see for you.

The plot and storyline were so unrealistic that it ruined the whole movie for me. If they could have made it more plausible then I would have liked it much better.

in short, the scientific basis for the movie was flawed and the action scenes were sooooo unrealistic that it was a flop for me.

☺

Matt

Toll Free: 888-NCFIXER (623-4937)
Toll Free Fax: 888-FAX-4020 (329-4020)
Local: 860-282-6181
330 Roberts Street 4th Floor
East Hartford, CT 06108

credit repair company

Credit Repair in Ashford CT

National Credit Fixers: 330 Roberts Street Suite 402 East Hartford CT 06108 phone: 860-282-6181. National Credit Fixers boasts of 13 years experience repairing low FICO scores. Whether your credit has been damaged by a foreclosure, bankruptcy, slow credit, collections, judgments, repossessions, etc. we can help. We are the experts in credit restoration and credit repair. We have helped numerous residents of Ashford CT. We are experts in Credit Repair.

If you want to know more about fixing your credit then we are only a phone call away and the consultation is always free!

☺

Matt

Toll Free: 888-NCFIXER (623-4937)
Toll Free Fax: 888-FAX-4020 (329-4020)
Local: 860-282-6181
330 Roberts Street 4th Floor
East Hartford, CT 06108

credit repair company

$8,000. First Time Homebuyers / $6,500. Move-Up Buyers!

First Time Homebuyers: You or your spouse must not have owned a home in the past 3 years and your income must not exceed $125K for singles and $225K for couples to qualify for up to $8,000. Homebuyer Tax Credit.

Move-Up Buyers: You must have owned your current home for at least 5 years and your income level limits are the same as for First Time Homebuyers to qualify for up to $6,500. Homebuyer Tax Credit.

Under the Senators current proposed extension, contracts would have to be signed by the end of April and close by the end of June 2010. The 7 month extension and the addition of Move-Up Buyers should be a great incentive to anyone on the fence!

It's A Great Time To Buy!

It's a Buyers Market and we all know it won't last forever! If you have been holding out over the past 2 years it's time to make your move. Prices cannot get much lower and the rates are incredible!

Remember, there's only one way to go from here!

Take advantage of the market and give your family the comfort of a New Home!

Search The Connecticut MLS Now!

Killingly Library Offers "Free" Computer Classes

The Killingly Public Library is offering FREE Computer Classes for adults in the Community Room.

October 29, 2009 "Internet Basics"

November 5, 2009 "E-Mail Basics"

November 12, 2009 "Processing Basics"

Space is Limited and registration is required. For more information, call (860) 779-5383