Home Buyers

The Myths About Buying a Bank-Owned Home REO homes, also known as foreclosures or bank-owned homes, are properties that the bank has taken reposession of. Repossession happens when a previous owner cannot make their mortgage payments, and the lender eventually takes ownership of the property. There are many misconceptions about purchasing a bank-owned property. We asked the REO experts at Calcagni Real...

The Pros and Cons of Buying a Fixer-Upper You've spent time scrolling #FixerUpper and watching your favorite Instagrammers remodel their homes, and now you're asking yourself, "Should I buy a fixer-upper?" If this sounds familiar, you're not alone. Before you grab your sledgehammer and start looking for the perfectly dilapidated home, read on. We're going through the pros and cons of buying a fixer-upper...

You ask, we answer: Should I Waive a Home Inspection? As a buyer in a competitive market, you may have heard many tips and tricks for writing a winning offer. A common suggestion is to waive your home inspection, which can come with many questions and uncertainties. You may be wondering what your options are for home inspections when it's time to buy so you don't end up with buyer's remorse. Here are our...

You Ask, We Answer: How Can I Improve My Credit Score? If you're looking to purchase a home, it's essential to know that a good credit score is a crucial factor in the process. If you have looked at your credit score and aren't thrilled by the number you see, don't fret. There are many trusted and straightforward ways to raise your score. Read on to learn why good credit matters, what is considered good...

You Ask, We Answer: What are the Limitations of my HOA? Homeowners' Associations (HOAs) are organizations comprised of homeowners in a subdivision, planned community, or condominium complex that make and enforce rules for the properties and residents. People who purchase a property within a community with an HOA become members automatically and pay dues, known as HOA fees, that go towards the Association...

You Ask, We Answer: Is a Multigenerational Home Right for Me? If you’ve been thinking about purchasing a multigenerational home, the first step is to contact a Calcagni Real Estate agent. As they’ll tell you, there are many reasons to buy a multigenerational home, and just as many things to consider before you do. Here are a few things to think about when deciding if a multigenerational home is right...

You Ask, We Answer: What Are the Pros and Cons of an Open Floor Plan? House hunting with your Calcagni Real Estate agent is underway, and you’re starting to familiarize yourself with different types of house styles and floor plans. Two of the most common types of floor plans–traditional separations and open floor plans –will no doubt come up repeatedly, and both have their benefits (and drawbacks)....

You Ask, We Answer: What Are Different Types of Home Heating Systems, and What Are Their Benefits? You’re ready to begin searching for a home and your Calcagni Real Estate agent has lined up showing appointments for you. But once you begin your home search in earnest, you may discover that homes in Connecticut don’t always have the same types of home heating systems. You don’t have to be an HVAC...

You Ask, We Answer: What Are the Different Levels of Homeowners Insurance? When it comes to homeowners insurance, not all coverage is created equal. In fact, there are different levels of coverage, and while policies should always be analyzed for their specific details, it may help if you decide which level of coverage makes the most sense for you as you’re scoping out such policies. Here are three...

You Ask, We Answer: What Should I Look for In Homeowners Insurance? Once your Calcagni Real Estate agent has helped you find a home in Connecticut to buy, you’ll have a list of things to do that feels a mile long–but one of the most critical “to do’s” is to secure homeowners insurance for your new home. Knowing what you should look for in homeowners insurance, what it covers (and doesn’t) and...