Dave Jones Broker/Owner e-PRO Dave Jones Realty llc Prospect CT.

This is the November 2011 Cheshire Connecticut Real Estate market report.

The Residential Real Estate market is actually UP in Cheshire CT, one of the only towns taht can say ths in New Haven County.

The average asking price for a residential home in Cheshire CT for September is up 4% over August, and up 3% over six months ago. Looking back at the last 2 years, the average asking price is up 3% over one year ago and up 4% over two years ago.

If you have any specific questions on the Real Estate market contact us direct.

This is the November 2011 Real Estate market report for Prospect Connecticut.

The average asking price for s Home for sale in Prospect CT in September is down 4% from August, and down 7% from six months ago. Looking back at the last 2 years, the average asking price is down 4% from one year ago and down 8% from two years ago. The market is still rather slow here in Prospect, but well priced and well presented homes are still selling.

One of the newest listings here in Prospect is Dave Jones Realty's listing at 11 Cambridge Drive, Prospect CT

You can see the average selling price for a Residential home in Prospect is just under $300,000

We are proud to bring you one of our new listings, 280 Hitchcock Road Waterbury. This is a fantastic, well maintained unit.

Beautifully kept unit, w/ great floor plan with dining room. Fresh paint, newer windows and roof, Brand new Central Air and heat system. Oak cabinets Large living room w a tranquil window seat. great commuter location, Make an appointment today.

The 2011 Fall/Winter Prospect CT Parks and Rec guide is now out. it includes everything from Youth and Adult Basketball, Swimming and even Fencing! The guide is about 20 pages long so send me an email or a text and I will email it right over to you.

There are some great programs available, and they are not just for children. The Parks and Recreation Department in Prospect can be reached at

36 Center Street

Prospect CT 06712

203-758-4461

So we received a call from a local homeowner who was interested in leasing a home that we had for sale. They explained they were upside down on their current home. The home loan was purchased by Kondaur and they sent out “Their REALTOR” to do a CMA and brought a listing agreement. The sellers explained they felt as though it was a little too much pressure and they did not want to sign. The sellers also were told they would be offered $3,000 in a “cash for keys” program. They would have to use the agent the Asset manager picked however. They were also led to believe the money was given upfront.

Now haveing completed more than a few short sales in Prospect, and surrounding areas of New Haven county, I knew this couldn’t be true. I explained how they “May” be eligible for relocation assistance if they met certain criteria. I also explained how the program works, and that it is paid at closing. Upon hearing this they called their asset manager back and it seems the story changed a little. They were told, “yes it is paid at closing, and it is $2,500.” The rep at Kondaur also stated “You have to use our agent, you can’t choose your own”. This now stunk to high heaven. As long as the home is owned by my client (not foreclosed) the homeowner has 100% right to choose their listing agency.

The sellers really wanted us to list and sell their home since we had hit it off so well, and we were a lot “less pressure and honest” than the other company. They asked if we would contact the bank for them. We proceeded to have all the authorization to release information forms signed and then contacted Kondaur. The Rep I spoke to told me point blank “The seller does not have a choice of who they use, it is my choice”. I explained to her that here in Connecticut, as long as it is not foreclosed, it is the sellers choice. I also explained that we work very hard for our listings and would get it sold in the shortest time possible. The Kondaur rep said she did not need to talk to me, her decision was already made. I again explained that it was not really “her decision.” She said it was too late the listing was signed already. I knew of course it wasn’t and let her know that. She really didn’t know what to say and just said “I can’t discuss this with you”. I explained I had authorization and would gladly fax it over. She hung up on me!

I was frustrated at this point and contacted anyone from Kondaur I could find on the internet. I received an email back from a manager and they said “We will look into it”. Two days went by without a response.

My seller called again and said her Kondaur rep called and was very aggravated that they had me call her. The Kondaur rep also said my seller would not be eligible for the relocation assistance if they used me! Can you say ILLEGAL!!! Not to mention this is not true. I have gotten almost every one of my short sales some relocation assistance since the law passed.

Today I received a call from the other Broker, the one “required” by Kondaur. He explained that the rep at Kondaur is “comfortable” working with him and wanted to keep her “paycheck secure” by using him. He also explained that he has the paperwork signed now and has listed the property. I do not fault the Broker, and I appreciated him manning up and calling me. I do the process of kondaur steering and pressuring clients into using their “preferred people” is highly illegal. The rep told my people they “had no choice” and pressured them into something they didn’t want to do.

The moral of the story? If your loan is serviced by Kondaur Capital and you are in need of doing a short sale, YOU HAVE A CHOICE! Pick the agent that will help you the best, have YOUR interests at mind, and work you through the difficult situation.

If you need to contact Kondaur, they can be reached at;

Kondaur Capital Corp.

Contact Information:

Address One City Boulevard West Suite 1900

Orange, California 92868

Telephone 888-566-3287

Fax 877-566-3287

Email Info@kondaur.com