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Victoria Lorusso

My November Newsletter

Your Realty News November 2009
(203) 324-9600 vmll@KW.com www.homesoffairfieldcounty.com

Click Here to watch the October over view of our national real estate market.


To take advantage of the government tax credit go to www.HomesofFairfieldCounty.com to start looking now!
Negotiating Tips for Homebuyers
By Susan M. Keenan
The real estate market experiences fluctuations just like any other industry. Currently, it is a buyer's market, which means buyers have the upper hand when it comes to buying a home. Since there are more homes on the market waiting to be sold than there are buyers who are willing or able to purchase them, a lot of negotiating can happen and most of it is going to be in the buyer's favor. Homebuyers will find the following negotiating tips helpful... Read More
Decorating Styles that Sell
By J. A. Young
Sellers that are looking to spruce up their décor before placing their home on the market can benefit from contemporary and sophisticated styles. Some decorative styles simply have more appeal to most homebuyers. It's always ideal to make the home into as blank a slate as possible without being completely bland. Most contemporary features and decorative styles allow future homebuyers to imagine... Read More
How to Host an Easy
Thanksgiving Potluck
By B. Conrad
While Thanksgiving Day is a wonderful time for family members and friends to gather and share stories of the year just passed, few people relish the thought of cooking an entire meal for dozens of guests. The stress involved in creating a feast of turkey and all the trimmings, along with pumpkin pie and other delectable desserts, can quickly take the fun out of Thanksgiving celebration. This year, why not cut... Read More
Victoria's Blog
Search for a Home!
Homeowners, Protect Your
Investment from Mold
Courtesy of NewsUSA
In these difficult economic times, it has never been more important to protect what for many people is their most significant investment: their home. And one way to do that is to keep mold at bay-because not only does mold present health concerns, but it also can damage your home.

Areas of your home that are continually wet-like the insides of walls or attics and basements, often out of view-will eventually shorten the life of your home and lead to expensive repairs. Research shows that if you keep moisture out of your home, you'll likely avoid mold. In the presence of moisture, mold will grow on virtually any surface-steel... Read More
Cost-effective Tips on Winterizing Your Home
Courtesy of ARAcontent
Each fall, the temperatures begin to drop and heating bills begin to rise, causing many homeowners to tighten their budgets. What many people do not realize is that there are cost-effective ways of preparing a home for the winter, which will save money in the long run.

Autumn is a great time to begin projects that will increase the heating efficiency in the winter as well as the cooling effectiveness during the summer months. Gina Carlson, the Academic Director for the Interior Design program at The Art Institutes International Minnesota, offers these helpful and low-cost... Read More
Featured Listings
Trump Parc Rental!
Unique opportunity to live
in Trump with all of it's
great amenities. Large 1 br
w/deluxe everything! $3150
Furnished Executive Rental
Waterfront townhome with 3
bedrooms plus a loft. Offrs
2.5 baths, 2 decks and more
Short or long term, $3000
Great 2 Family! Reduced!
Opportunity knocks w/ this
2 family home in good cond.
on quiet road. 4brs, 2058
sqft. Reduced to $359,000
Waterfront End Penthouse!
Breathtaking views, super
high skylit ceilings w/open
flow, wrap around trc, pool
hot tub.. Reduced $775,000
Victoria Lorusso - (203) 324-9600 Your Realty News - November 2009

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FHA Approved Condos in Stamford, CT

Here is a list of approved condos for FHA financing. Unfortunately they are not listed by address but by complex name. A condo not on this list can submit for approval so long as the by-laws do not have a right of first refusal in them.

Condo
Name
Condo ID Manufactured
Housing
Address Status
BRIDGEWATER EC-906 001 No STAMFORD, CT 06902 Approved
CAMBRIDGE COURT EC-1006 001 No STAMFORD, CT 06902 Approved
CANDLELIGHT EC-868 001 No STAMFORD, CT 06920 Approved
DEPINEDO COURT EC-305 001 No STAMFORD, CT 06900 Approved
ELMCROFT EC-902 001 No STAMFORD, CT 06902 Approved
FINNEY COURT EC-624 001 No STAMFORD, CT 06925 Approved
FIRST FAIRLAWN EC-050 001 No STAMFORD, CT 06902 Approved
FOUNTAIN TERRACE EC-075 001 No STAMFORD, CT 06902 Approved
GATEVIEW EC-840 001 No STAMFORD, CT 06901 Approved
HAMILTON GREEN EC-822 001 No STAMFORD, CT 06902 Approved
HAYES HOUSE-44 STRAWBERRY HILL EC-932 001 No STAMFORD, CT 06902 Approved
HYDE PARK EC-071 001 No STAMFORD, CT 06907 Approved
KIRKHAM PLACE EC-055 001 No STAMFORD, CT 06900 Approved
LIBERTY COMMONS CONDOMINIUM P000045 No STAMFORD, CT 06902 Approved
LIBERTY SQUARE EC-815 001 No STAMFORD, CT 06900 Approved
LINDEN HOUSE EC-301 001 No STAMFORD, CT 06906 Approved
LINDON PLACE EC-930 001 No STAMFORD, CT 06902 Approved
PELHAM WEST EC-856 001 No STAMFORD, CT 06902 Approved
REGENCY TOWERS EC-1003 001 No STAMFORD, CT 06902 Approved
RIVER VISTA NEC-845 001 No STAMFORD, CT 06902 Approved
SECOND FAIR LAWN EC-161 001 No STAMFORD, CT 06906 Approved
SPRUCE STREET TOWNHOMES 34136 MC 001 No STAMFORD, CT 06902 Approved
SPRUCE STREET TOWNHOMES 34136 MC 002 No STAMFORD, CT 06902 Approved
THIRD FAIRLAWN EC-093 001 No STAMFORD, CT 06902 Approved
WATERSIDE GREEN 34149 001 No STAMFORD, CT 06902 Approved
WATERSIDE GREEN 34149 MC 001 No STAMFORD, CT 06901 Approved
WEST GLENN CROSSING A CONDO EC-820 001 No STAMFORD, CT 06900 Approved

To start your home search go www.HomesofFairfieldCounty.com

What a Great Day!

The market is really starting to heat up and it feels great! I have 2 signed contracts today, offers on 2 of three condos and serious interest in the third. Looks like it's going to be a great second half of the year. How's your market?

The Facts on Asbestos

Healthy Alternatives to Asbestos a Priority for Connecticut Home Owners

Used in millions of homes and buildings built prior to 1980, many civilians are still being exposed to asbestos in public facilities, restaurants, schools, shipyards and other industrial locations. As one of the small states in the country, it is ironic that Connecticut is one of the largest in terms of asbestos exposure risks. There are an estimated 600 locations in the state that have been known exposure sites. All of the known exposure sites occurred in the cities of Hartford, New Haven and Fairfield. There are many things to consider in the real estate industries.

Asbestos is often in old fireproofing, roofing, vinyl flooring, pipe and boiler insulation, and some roads and cement pipe and cement sheet products. Citizens of Connecticut should be aware that when purchasing or remodeling older homes, exposure to asbestos may potentially become a health concern.

Although exposure to asbestos does not always lead to related illnesses, frequent exposure greatly increases those odds. Asbestos exposure can cause a severe lung ailment known as malignant mesothelioma. This rare form of asbestos lung cancer accounts for nearly three percent of all cancer diagnoses in the country. Mesothelioma treatment is unfortunately almost always unsuccessful and physician prognosis is poor. There were 498 fatalities relating to asbestos in Connecticut between 1979 and 1999. Of those deaths, 249 can be attributed to mesothelioma. Needless to say, the mesothelioma survival rate is discouraging news to anyone who gets this cancer.

The removal of asbestos must be performed by licensed abatement contractors who are specially trained in handling hazardous materials. It is highly recommended that those who believe they live or work in an area where asbestos are found to leave it undisturbed. Contractors come equipped with protective gear in case its fibers become airborne immediately after it is broken up.

The removal of hazardous materials must be performed by an abatement contractor who is trained and licensed in handling toxic substances. The Connecticut Department of Public Health administers an asbestos program that aims to reduce potential exposure to asbestos. Found in over 3,000 products in the state, they provide assistance in the safe inspection, removal and disposal of asbestos-contaminated areas by following state regulations.

With increasing technology and public initiatives, green alternatives exist which allow for an asbestos free environment. The United States Green Building Council (USGBC), in a study conducted in 2003, estimated a savings of $50-$65 per square foot for well-constructed green buildings in the U.S. These asbestos alternatives will not only reduce energy costs, but allow for a clean, healthy home, free of health damaging materials. To start your search for a home now, go to www.HomesofFairfieldCounty.com

My June Newsletter

Your Realty News June 2009
(203) 324-9600 vmll@KW.com www.homesoffairfieldcounty.com
Timing is Everything!By Victoria Lorusso

There has been lots of talk questioning if we are at the bottom of the market. Truth is, know one knows until it starts going back up. I can tell you that in the last 3 weeks I've seen a real increase in activity. More buyers who are actually buying are smart as they are able to take advantage of tax credits and low interest rates. The recent hike in interest rates was anticipated and may happen yet again. So if you've been waiting for lower prices, you may actually end up paying more through your mortgage. Curious as to what's out there? Click here to take a look.

Are You an Ideal Mortgage Applicant?
By Susan Keenan
Most lenders check on three main criteria when evaluating a mortgage application. The amount of loan you qualify for and the interest rate quoted will be based on an assessment of your credit score, available cash for a down payment and your ability to make monthly payments. These factors help a lender to decide on their perceived risk in giving you a loan.

What is your credit score?... Read More
Design Techniques to Create a
Spacious Home
By Mary White
A home that is crowded, cluttered or cramped is unappealing to its occupants and to prospective homebuyers-no one likes feeling confined. Take steps to make your home more appealing by using decorating techniques that can make any home feel spacious and inviting.

Sufficient Lighting - Rooms that are dark tend to look smaller than rooms that are well lit. So make sure that each room in your home has plenty... Read More
Can't Live Within Your Means?
Rethink Your Budget
By E. E. Kane
If you have been living beyond your means, it's time to buckle down and stop breaking your budget. Here are some tips that will help you get serious about your financial health.

Review your budget.
Were you realistic about the fluctuation of gas prices and groceries? Did you allow for one-time expenses that you didn't anticipate? Find out why you are routinely breaking your budget, and adjust it accordingly.... Read More
Victoria's Blog
Search for a Home!
The Benefits of a Great
Real Estate Agent
By Angela Baca
Real estate agents do more than just help you search for a home; they provide indispensable advice during the entire home-buying process. Here are three ways that your agent will protect your interests in the steps toward buying a home.

1. Finding Your Ideal Home - If you've already searched for a home for several months, you probably have a few prime properties in mind. Your agent will help you sift through your choices to ensure that the property you think you want is really going to serve you well long-term.

As an added bonus, an experienced agent has a knack for sniffing out things like dishonest sellers, lemon houses, and bad deals. Buying a home... Read More
Use Less Stuff to be "Green"
Courtesy of ARAcontent
If the desire to "go green" leaves you feeling a bit overwhelmed, keep it simple with a "less is more" attitude, advises Bob Lilienfeld, sustainability expert and author of "Use Less Stuff." You'll be amazed at how simple lifestyle changes can affect your impact on the environment and your budget.

Recycling has long been touted as the centerpiece of environmentally conscious behavior, Lilienfeld notes. But the truth is that recycling by itself can't solve the environmental issues we're now facing. "The real key to saving the planet is to shop smarter so that we manage our consumption and stop... Read More
Featured Listings
Wonderfully Updated Ranch
Very bright updated ranch
in N.Stamford. 3brs + Den
LR, DR, FR + Sun Room +
fshd lwr lvl. Just $775,000
A Brownstone in Stamford
Fabulous up to the minute
1890 brownstone. 3 2brs to
choose from. One w/a roof
top deck. Starting 600's
Great 2 Family!
Opportunity knocks w/ this
2 family home in good cond.
on quiet road. 4brs, 2058
sqft. Just $420,000
Waterfront End Penthouse!
Breathtaking views, super
high skylit ceilings w/open
flow, wrap around trc, pool
hot tub... $800,000
Victoria Lorusso - (203) 324-9600 Your Realty News - June 2009