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Kris Gonet-Hall

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Prudential Connecticut Realty (New alternative to Western MA)

02-10-10
Kris Gonet-Hall

Relocation

At Prudential Connecticut Realty Relocation, we deliver relocation solutions to handle your personal move or your corporate mobility strategy. Our award-winning professionals look forward to assisting you with your relocation to Connecticut. We understand that a move from one place to another can be confusing and stressful. Our goal is to facilitate a smooth transition for you and your family. Our counselors and sales executives are "relocation accredited" and trained to listen carefully to help you make informed decisions every step of the way.

Relocation Services

Connecticut at a Glance

Connecticut has so much to offer with 278 miles of coastline, vibrant cities, charming New England architecture, more Fortune 500 companies than any other state and every possible recreational activity. As the Gateway to New England, Connecticut's location is ideal. New York City, Boston, Vermont skiing, and Cape Cod beaches are all within a two hour drive.

Individual
Area Tours
Area Information Packets
School Information
Community Information
Home Marketing
Home Sale Assistance
Home Finding
Home Purchase
Home Rental
Mortgage Service
Household Goods
Transportation
Temporary Housing

Corporate
Relocation Policy Development
Home Purchase Program
Group Move Management
International Move Assistance
Expense Management
Spousal Assistance
Concierge Settling In Service

Call Kris Gonet Hall 413-204-6099, Relocation, Commercial, New Homes, Homes Sales

Prudential Connecticut Realty

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Prudential Connecticut Realty Price Value Range

02-10-10
Kris Gonet-Hall

PVRMSM is a proven pricing strategy that uses a price range to market the property.
The top end of the range allows the seller the opportunity to achieve a premium price for their property, while the bottom end of the range ensures the property remains competitive in the marketplace and brings in the most potential buyers possible. It is designed to draw more showings, attract more offers, open negotiations and get the property sold for the maximum sales price possible.

Benefits of Prudential Value Range MarketingSM

· Eliminates over or under-pricing

· Increases property visibility

· Attracts more buyers to the property

· Maximizes selling price

· Determines market value effectively


Prudential Value Range MarketingSM Requirements

· PVRMSMdoes not require the seller to accept any offer within the range, but the seller does agree

to counter any offer within the range with price and terms acceptable to the seller.

· The seller may only use the published PVRMSM ranges

· All marketing and advertising materials for the property will read "Seller will entertain offers between

(Low Range) and (High Range)."

FAQs about Prudential Value Range MarketingSM (PVRM)SM

How do I know which range to select?
Your Prudential Connecticut Realty agent will assist you in determining the approximate value of your property, based on sale prices of similar properties in your area. The ideal value range will have a top value that most closely matches what your property would be listed for if it were a traditional fixed-price listing. The low end of the range draws more buyers to your property.

Aren't sellers going to get offers at the bottom of the range?
The buyers will be informed that the sellers will respond to any offers that are made within the range. Sellers will receive offers they would normally not have received, because some buyers would not have viewed the property at a fixed price. This process starts the negotiations. If the buyers really want the property they will make a good offer and be prepared to negotiate. Most buyers have seen comparable properties and are aware of the values and will make their offers well above the bottom of the range.

Does a seller have to take any offer that comes in?
No. The seller is only saying that they will "entertain" or "consider" all offers within the range. In other words, the seller promises to respond by either accepting the offer if it is agreeable, or to counter the offer, paving the way for further negotiations. The seller is under no more obligation to accept an offer using PVRMSM than they are when using a fixed price listing. The seller is only saying that somewhere between the low end of the range and the high end of the range, if all other conditions are agreeable, they will sell.

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Prudential Connecticut Realty

02-10-10
Kris Gonet-Hall

About Us

Our Philosophy "Customers for Life"

A strong and genuine belief in the "customer for life" principle of doing business is what fuels this company. Referrals from previous customers and real estate professionals have always delivered the majority of the Company's production.

We know it's a privilege to be called upon to help individuals and families solve their mortgage needs, so we make it our goal to exceed your expectations every step of the way. At the end of the day, we want to make sure you are 100% satisfied with our service so that you will be comfortable recommending us to your friends, family and business associates.

Our Company

We offer the best of both worlds as a Mortgage Banker and Broker organization. As a Mortgage Banker, we are the lender and make all of the decisions. With access to dozens of investors we can tailor your loan to the option that best fits your individual requirements. We make sure you have access to the best programs and the lowest rates.

Enhanced Capabilities

Free Pre-Approval First Time Home Buyers Credit Challenged Borrowers
Jumbo Mortgages New Construction Commercial Properties
Refinancing Home Improvement Reverse Mortgages for Seniors
Investment Properties Renovation Loans Land Purchase
Home Equity Loans & Lines FHA/VA Financing CHFA Financing
100% Financing 40 Year Terms No-Income Verification

Apply Online | Find a Certified Mortgage Planner | Financial Calculators | Resources | Home Buying Tools | Insurance |

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Interest Rates

02-10-10
Kris Gonet-Hall

Interest Rate

What Does It Mean? What Does Interest Rate Mean?
The amount charged, expressed as a percentage of principal, by a lender to a borrower for the use of assets. Interest rates are typically noted on an annual basis, known as the annual percentage rate (APR). The assets borrowed could include, cash, consumer goods, large assets, such as a vehicle or building. Interest is essentially a rental, or leasing charge to the borrower, for the asset's use. In the case of a large asset, like a vehicle or building, the interest rate is sometimes known as the "lease rate".

Investopedia Says Investopedia explains Interest Rate
Interest is charged by lenders as compensation for the loss of the asset's use. In the case of lending money, the lender could have invested the funds instead of lending them out. With lending a large asset, the lender may have been able to generate income from the asset should they have decided to use it themselves.

Using the simple interest formula:

Simple Interest = P (principal) x I (annual interest rate) x N (years)

Borrowing $1,000 at a 6% annual interest rate for 8 months means that you would owe $40 in interest (1000 x 6% x 8/12).

Using the compound interest formula:

Compound Interest = P (principal) x [ ( 1 + I(interest rate) N (months) - 1 ]

Borrowing $1,000 at a 6% annual interest rate for 8 months means that you would owe $40.70.

The interest owed when compounding is taken into consideration is higher, because interest has been charged monthly on the principal + accrued interest from the previous months. For shorter time frames, the calculation of interest will be similar for both methods. As the lending time increases, though, the disparity between the two types of interest calculations grows.

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Credit Deadline

10-14-09
Kris Gonet-Hall

Buyers Must Hurry to Meet Credit Deadline
There's still time for a first-time home buyer to complete a transaction before the tax credit expires Nov. 30, says Diann Patton, consumer spokeswoman for Coldwell Banker Real Estate.

But home buyers who have to apply for a mortgage should make sure they have all the necessary paperwork in hand. Patton advises that they'll need to have tax returns, income verification and bank statements, as well as completed applications forms ready to submit.

Buyers in a hurry to claim the credit should also avoid short-sale properties, Patton says, because that process can delay closings.

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