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New Fairfield, Connecticut Real Estate - Foreclosed and Bank Owned
Purchasing a home at a foreclosure auction has many risks to a potential buyer and in most cases the bank will bid and take possession of the property at auction. The property is then referred to as bank owned, REO (real estate owned) or foreclosed property.
To search the CT MLS listings visit New Fairfield CT MLS listings.
A home owner may attempt a "short sale" whereby the bank agrees to accept less than the mortgage balance based on the owner's hardship and financial status. Obtaining approval can be a long and difficult process. Additionally, there is no assurance that the lender will accept an offer at or above the listed price.
Bank-owned and short sale listings are often marketed with a real estate agent and placed in the Connecticut Multiple Listing Service (to ensure full market exposure).
Register at New Fairfield CT foreclosures (bank-owned) listings and short sale opportunities. We will contact you and provide:

For community information including school reports, demographic, relocation, home buying and selling information go to New Fairfield CT real estate.
Go to Virtual Homes MLS for a map based search of all MLS listings of NH and Massachusetts real estate. Vist NH Homes for Sale and MA Homes for Sale for direct MLS access to all listings. To obtain school, demographic, commuting, relocation, home buying and selling information go to New Hampshire real estate, Massachusetts real estate, Connecticut real estate, Maine real estate and Rhode Island real estate. For information regarding foreclosures visit Massachusetts foreclosures, New Hampshire foreclosures and Connecticut foreclosures.
Virtual Homes real estate agents provide home buying and selling services. Please call 800-856-2479 for information.
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New Fairfield, Connecticut Real Estate Update
September, 2009
Closed home sales in New Fairfield, Connecticut:
There were 9 home sales closed in New Fairfield, CT.
The median closed real estate sales price for New Fairfield was $275,000.
On average, these homes sold for 92.2% of their final list price.
Days on Market averaged 129 days of market time.
This compares with 13 closed sales in September, 2008, with a median sales price of $324,000.

Currently available homes for sale in New Fairfield, Connecticut:
Currently, there are 149 homes for sale in New Fairfield, CT.
List Prices range from $124,900 for a bank-owned fixer to $10,000,000 for a waterfront estate on more than 40 acres.
New Fairfield, Connecticut is a small community of about 14,000 residents that borders New York State to the west and Candlewood Lake to the east. Several lake communities border Candlewood Lake, and typically offer a private beach for residents, boat docks and other amenities. New Fairfield enjoys a convenient commute location to lower Fairfield County and Westchester County, New York. New Fairfield is situated just over an hour by car to Hartford, Connecticut and New York City.
This Market Report prepared by:
Don Fabrizio-Garcia, REALTOR
Real Estate & Appraisals
203.746.1199
Connecticut Real Estate and Homes for Sale
Data compiled from the Greater Fairfield County MLS and believed to be accurate
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New Fairfield, Connecticut Real Estate Update
August, 2009
Closed home sales in New Fairfield, Connecticut:
There were 13 home sales closed in New Fairfield, CT.
The median closed real estate sales price for New Fairfield was $299,500.
On average, these homes sold for 91.6% of their final list price.
Days on Market averaged 170 days of market time.
This compares with 15 closed sales in August, 2008, with a median sales price of $385,000.

Currently available homes for sale in New Fairfield, Connecticut:
Currently, there are 149 homes for sale in New Fairfield, CT.
List Prices range from $124,900 for a bank-owned fixer to $10,000,000 for a waterfront estate on more than 40 acres.
New Fairfield, Connecticut is a small community of about 14,000 residents that borders New York State to the west and Candlewood Lake to the east. Several lake communities border Candlewood Lake, and typically offer a private beach for residents, boat docks and other amenities. New Fairfield enjoys a convenient commute location to lower Fairfield County and Westchester County, New York. New Fairfield is situated just over an hour by car to Hartford, Connecticut and New York City.
This Market Report prepared by:
Don Fabrizio-Garcia, REALTOR
Real Estate & Appraisals
203.746.1199
Connecticut Real Estate and Homes for Sale
Data compiled from the Greater Fairfield County MLS and believed to be accurate
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New Fairfield, Connecticut Real Estate For Sale
231 State Route 39
New Fairfield, CT
$338,500


Don't miss this great New Fairfield home!
Contact Don Fabrizio-Garcia today for your private showing
203.746.1199
Nationwide Realty
don@FabRealEstate.com
www.FabRealEstate.com
New Fairfield, Connecticut Real Estate
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