Peter Testa

Investors Get Ready! Effective March 1, 2009 Fannie Mae will now allow qualified borrowers to have up to ten (10) financed properties. In today's market, there are a record number of bank owned properties available and a large supply of motivated sellers that present great opportunities to invest in real estate.

This is a much anticipated and welcome change to regulations that temporarily sidelined seasoned investors who owned more than four (4) financed properties. Fannie Mae returned to the ten (10) property limit because experienced borrowers will play a key role in the housing recovery.

This change in Fannie Mae regulation will allow investors with 4+ properties to resume purchasing property for investment or resale. The goal of this change is to help stimulate the current housing market and in turn help stimulate the overall economy.

Now is the time for real estate investment! Contact me & get added to my Foreclosure List. Now is the time to take advantage of loosening reegulations & purchase foreclosed homes at rock-bottom prices! To be added to my Foreclosure Mailing call me at (203) 442-3873 or write me at PETERTESTA@yahoo.com & mention this post.

When owners Matt & Michelle Grassi purchased their first home, a 3 bedroom/2 bath Colonial located on a quiet street just down the road from Candlewood Lake in Danbury, CT; they had formulated their own plan to transform the house & property into the kind of home that would truly feel like theirs.

A little over one year later & the house now bears little-to-no resemblance of the house that once stood there. The original home, built in 1949 had been torn down & rebuilt from the foundation up in 1994. When The Grassi's took over the house a little over a year ago they set out to modify the 1,224 square foot home from it's country theme to a modernized, cozy environment where they would enjoy living in a home that was an extension of themselves.

Check out some of the photos from the amazing transformation of this home

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The mid-range renovation was not meant to be a complete overhaul. The owners worked with what they had, adding the must-haves & improving on the structure as it currently stood.

• At the front of the house they removed an overgrown group of white birches that were leaning up against the house. Outdated shrubbery lining the street-side was cut down as well. New paver stones & decorative rock were added to the front pathway.
• In the kitchen the cabinetry was refaced, new hardware added and an island now graces the center of the large kitchen space. All appliances were updated to stainless steel including the dishwasher, refrigerator, oven range & sink. A modern ceiling fan provided a cool breeze and additional lighting for the kitchen & breakfast bar.
• The living room & dining room areas were brought to life with a splash of designer paint
• All 3 Bedrooms & the upstairs foyer got new carpeting in a neutral, forgiving light gray color
• In both bathrooms vanities, mirrors, sinks & decor were changed to add a fresh clean look
• The deck was powerwashed & sealed with a protective coating
• Throughout the house fresh paint, new window treatments and the addition of overhead lighting added a feeling of cozyness & warmth to the house

A carefully planned makeover can yield incredible results. More homeowners are realizing you don't have to break the bank to create a true transformation. With homeowners averaging less of a return-for-the-dollar on their home improvements taking this sort of solid approach to renovating a home can be rewarding both emotionally & financially.

The Grassi's have enjoyed life in their new Connecticut home. Now just a little over a year later their needs have changed & future plans see them moving back to Matt's hometown located in Yorktown Heights, New York. As they sadly say goodbye to the home that was made to order for them they look forward to new beginings & who knows... maybe another renovation?

The Grassi's Home in Danbury is listed for sale by Peter Testa at Nationwide Homes. If you are in the market for a new home & are interested in taking a tour of this home please contact Peter at (203) 442-3873 or email PETERTESTA@yahoo.com; for more information about this home please visit my website at www.PETERTESTA.com

Attention First Time Homebuyers! Don't miss out on the chance of a lifetime.

• Home values are at their lowest in years
• Mortgage interest rates are their lowest in almost 40 years
• Up to $8,000 one time tax credit incentive
• FHA loans available with only 3% down
• CHFA Loans available with 0% down

The time to buy is now! It doesn't get any better than this.

Call Peter Testa at (203) 442-3873 or email PETERTESTA@yahoo.com to find out more

See other valuable information & search the Connecticut MLS at www.PETERTESTA.com

PETER TESTA

First Time HomeBuyers are My Specialty

• Short Sale/Preforeclosure
• Bank Owned Properties

Call Peter at (203) 442-3873

Nationwide Homes, 57 North St., Suite 322, Danbury, CT 06810

This home located at 12 Bankside Trail in Sandy Hook, CT was

JUST SOLD by PETE TESTA

PETE TESTA is a Real Estate agent with Nationwide Homes in Danbury, CT. Pete, acting as representative for the Buyer and as EXCLUSIVE BUYER'S AGENT procured this home for his client-

A completely remodeled, from the ground up, waterfront on the Housatonic River. The Housatonic River leads into Lake Lillinonah and is a popular summertime destination for those seeking good times & relaxation on the water in Connecticut. Located directly across from the beach & only steps from the water this home has panoramic views from 2 floors. Featuring 2 Bedrooms and a New Kitchen & Bath this home will surely be a delight to live in for it's new owner.

If you are interested in a home on the water contact PETE TESTA at (203) 442-3873. Put to work the power of a seasoned Buyer's Agent with extensive knowledge of lakefront real estate.