Category: Buyers (52)

Vincent Smith Calcagni Associates Real Estate

VINCENT SMITH, REALTOR

Calcagni Real Estate President Steven Calcagni recently announced the appointment of residential sales agent Vincent Smith to the company’s Hamden office.

Vincent is a full time REALTOR who specializes in seller and buyer representation and assisting first-time home buyers. He is a member of the Greater New Haven Association of Realtors, Connecticut Association of Realtors, and National Association of Realtors. “Vincent is committed to providing professional and personal service to all of his clients. He is a great addition to our growing Hamden office,” said Steven Calcagni.

Vincent is available to serve all your real estate needs throughout the Central Connecticut area and beyond. He may be reached at Calcagni Real Estate’s office located 2620 Whitney Avenue, Hamden by calling (203) 288-1821 Ext. 430, cell: 860-770-4211 or by visiting www.calcagni.com/vincentsmith .

Jennifer Arcesi  Calcagni Associates Real Estate

Jennifer Cetrone Arcesi, REALTOR

Calcagni Real Estate President Steven Calcagni recently announced the appointment of residential sales agent Jennifer Cetrone Arcesi to the company’s Cheshire office.

Jennifer is a full time REALTOR who specializes in seller and buyer representation and assisting first-time home buyers. She is a member of the Greater New Haven Board of Realtors, Connecticut Association of Realtors, and National Association of Realtors. “Jennifer is a great addition to our team, and brings a great level of energy and professionalism to our Cheshire office,” said Steven Calcagni.

A Cheshire resident since childhood, Jennifer attended Cheshire public schools and maintains close ties to her local community. After moving away for college and spending a few years as newlyweds in Atlanta, she and her husband returned to Cheshire to be near family. Jennifer and her family enjoy spending time on the Connecticut shoreline, where she specializes in assisting clients buying and selling vacation homes. Prior to becoming a licensed real estate professional, Jennifer studied Interior Design, where she developed skills that allow her to show the best possibilities of a home.

Jennifer is available to serve all your real estate needs throughout the Central Connecticut area, the shoreline, and beyond. She may be reached at Calcagni Real Estate’s office located at 330 South Main Street or by calling (203) 272-1821 Ext. 305 or by visiting:  www.calcagni.com/JenniferArcesi

Heidi Matusik Calcagni Associates Real Estate

Heidi Matusik
ABR, SFR, REALTOR

Calcagni Real Estate President Steven Calcagni recently announced the appointment of residential sales agent Heidi Matusik to the company’s Southington office.

Heidi is a full time REALTOR® and is a member of the Midstate Association of Realtors, Connecticut Association of Realtors, and National Association of Realtors. Heidi specializes in seller and buyer representation, assisting first-time homebuyers, relocation, is Short Sale and Foreclosure (SFR) certified and holds the Accredited Buyer Representative (ABR) designation. “We’re thrilled to welcome Heidi back to our team,” said Calcagni. “Her experience, drive to provide excellent customer service and the relationships she has established within the local community are what make her a successful REALTOR.

Born and raised in Southington, Heidi is proud to still call Southington home, where she lives in with her husband and two sons. She is highly involved in volunteering her time to her sons’ school and social organizations, which include: Southington South Little League, Southington Valley Midget Football, Mt. Southington Ski Race Team, John F. Kennedy Middle School and Derynoski Elementary School.

Heidi is available to serve all your real estate needs throughout the Central Connecticut area and beyond. She may be reached at Calcagni Real Estate’s office located at 630 Main Street, Plantsville, by calling (860) 621-1821 Ext. 524, her cell 860-637-1243 or by visiting:  www.calcagni.com/HeidiMatusik

Fall Home

The fall often calls for a slowdown from the bustling Summer home buying season. However, due to affordable interest rates and home prices, this fall is proving to be a busier buying time than the falls that have come before. Here are a a few tips for buying a home in the fall:

Check up on homes you liked this summer. Remember that gorgeous home with the wrap-around porch you fell in love with in June, but passed on because it was a bit out of your price range? Check back. If it’s still on the market, it may have dropped in price, and even if it hasn’t, offering a little less than asking price may be a good idea if the seller is trying to close before winter.

Buy a home that needs a little TLC. In the fall, not only are homes cheaper, but building materials are, too. Home improvement stores typically have huge fall sales now that the prime building season (looking at you, summer) is over. So if you are unsure about a home because it needs a renovated kitchen or bathroom, you may be able to swing it if you make good use of the season’s discounts.

Take advantage of more selection. While many areas around the country are experiencing a shortage in listing, the fall will offer more selection than the summer or spring. Use this to your advantage by shopping around and comparing prices.

Don’t rush. Just as sellers are looking to sell their properties before winter, you may be feeling rushed to purchase one before the holidays start rolling in. Take your time and make intelligent buying decisions – you want a home you can enjoy for years to come, so don’t allow the changing seasons to pressure you.

For more real estate information, please contact your local REALTOR at Calcagni Real Estate.

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Connecticut single-family home sales recorded modest increases in the second quarter and in the month of June, according to the latest report by The Warren Group, publisher of The Commercial Record.

Second quarter single-family home sales totaled 6,898, a near 1 percent increase from 6,854 in the second quarter of 2012. Single-family home sales in Connecticut also increased slightly in June, rising 0.4 percent, the second straight month of increases. A total of 2,602 single-family homes sold in June, up from 2,591 a year earlier. This marks the best month for sales since last August, when there were 2,639 sales.

“The housing market in Connecticut continues to show slow growth,” says The Warren Group CEO Timothy M. Warren Jr. “As long as mortgage rates and home prices don’t spike too high, we’ll see a very steady recovery year for the market in 2013.”

Year-to-date home sales statewide are down about 1 percent. From January to June, a total of 10,947 single-family homes have sold, compared to 11,070 during the same period a year ago. Year-over-year home prices rose 5.6 percent in June. The median sale price of a single-family home statewide increased to $283,000 in June, up from $268,000 in June 2012. This is the highest median price for any month since August 2008.

The year-to-date median sale price is $255,000, up more than 8.5 percent from $234,900 during the same period last year. Quarterly prices are also up more than 8 percent to $269,000, up from $249,000 during the second quarter 2012.

Buyers have become more active in the spring selling season, which is creating modest upward pressure on prices. While not a problem at this juncture, I hope for more modest increases in the future,” Warren adds. “Unlike other parts of the country, Connecticut has not seen double digit increases in median prices. This is healthy. Keeping housing affordable while prices rise gradually will avoid the kind of housing bubble we saw seven or eight years ago.”

Connecticut condominium sales increased in June, rising almost 2 percent from a year earlier. A total of 652 condos sold in June, up from 641 a year earlier. Year-to-date condo sales are up almost 1 percent to 2,911 from 2,885 a year earlier.

Condo sales for the second quarter also climbed from a year earlier. In the second quarter, 1,792 condos sold, up 2.5 percent from 1,748 during the same period a year ago. The median sale price of condos also rose in June. The median selling price was $176,000, up more than 7.6 percent from $163,500 a year earlier. The second quarter median condo price increased more than 8 percent to $175,000 from $162,000 in the second quarter 2012. The year-to-date median price of condos in the Connecticut is $168,000, up 5 percent from $160,000 a year ago.

For more information, visit www.Hud.gov, or contact your local realtor at calcagni.com

Reprinted with permission from RISMedia. ©2013. All rights reserved.

MargieLechowicz   Calcagni Associates Real Estate

Margie Lechowicz, REALTOR

Calcagni Real Estate President Steven Calcagni recently announced the appointment of residential sales agent Margie Lechowicz to the company’s Wallingford office.

Margie is a full time REALTOR who specializes in seller and buyer representation, assisting first-time home buyers and relocation. She is a member of the Greater New Haven Board of Realtors, Connecticut Association of Realtors, and National Association of Realtors.  “Margie is committed to providing professional and personal service to all of her clients. She is a wonderful addition to our growing Wallingford office,” said Steven Calcagni.

Margie, who lives in Cheshire with her husband, Rick Lazzari, has a BA in Communications and Psychology as well as a Master’s degree in Public Policy.  She is very familiar with the emotions, challenges and excitement of the moving process, having relocated with her family numerous times within the last 30 years – with locations including Pennsylvania, Ohio, California, West Virginia, Illinois, South Carolina and now Connecticut.  “With each real estate experience came interesting challenges and the result, but always the desired result- finding just the right place to call home. I can’t take all the stress out of the real estate process, but I can use my experience to help ensure that whether buying, selling or renting…whether moving from across the country or across the street…you will have a positive Calcagni experience.”

Margie is available to serve all your real estate needs throughout the Central Connecticut area and beyond. She may be reached at Calcagni Real Estate’s office located at 924 North Main Street Extension by calling (203) 265-1821 Ext. 207 or by visiting:  www.calcagni.com/MargieLechowicz

Mortgage

With home prices rising and interest rates still well below historic norms, many potential buyers would like to get into the marketplace but are stymied by one hurdle: credit.

“The credit process mystifies many borrowers,” said Ray Brousseau, executive vice president of a nationwide lender. “They worry that their credit may be imperfect or that a late payment from long ago will doom a loan application, when the reality is different.”

Brousseau explained that “lenders and borrowers have similar goals. They both want the mortgage application to go through. The lender will create a package to provide a full picture of the borrower’s financial status. In many cases, borrowers will be surprised that their credit standing is stronger than expected.”

So, how do you make sure you have tip-top credit when applying for a mortgage? Here are five strategies that can lead to a faster – and better – mortgage credit review.

First, prepare for your mortgage application.
Since 2010, most real estate financing has been in the form of “qualified mortgages,” loans that meet the standards outlined by Wall Street Reform. A qualified mortgage – or QM – must show that the borrower has the ability to repay the loan. To meet QM requirements, you can expect lenders to want signed tax returns or W2s for at least the past two years, year-to-date pay stubs from the past 30 days, plus complete copies of all financial statements, usually for at least the last two months. If self-employed, a lender might also want a balance sheet as well as a profit-and-loss statement. Having such information in hand can greatly speed the mortgage review process.

Second, check your credit report in advance.
The better your credit report, the better your credit score, thus the reason to check credit reports for errors and outdated items.
Under the Fair and Accurate Credit Transactions Act (FACTA), consumers can get one free copy of their credit report from each of the three nationwide credit reporting agencies every 12 months. This can be done in a few minutes by going to the official website, AnnualCreditReport.com. Print out your report or save it as a PDF.

Third, know how credit scores work.
In basic terms, credit scores weigh the answers to five questions:

Have you paid bills on time?
How much of your credit is now in use?
How long have you had credit and when was the last time you used selected accounts?
What is your mix of credit card debt, auto loans, student debt, mortgages, etc?
Have you recently opened additional lines of credit?

“Once a loan application is made, most lenders will automatically provide borrowers with a free copy of their credit score,” said Brousseau. “A good credit score can greatly help in the application process, and a lower score can often be overcome by selecting a certain type of mortgage product.”

Fourth, a lower credit score does not always mean no credit.
Borrowers can readily finance and refinance with an 800 credit score, but it’s also true that mortgages are available with lower credit scores. For instance, more than 40 percent of recent FHA borrowers had credit scores between 620 and 680.

Fifth, beware of surprise credit snags.
It used to be that lenders checked credit reports when a loan application was first made and then again just before closing. Now lenders have the ability to even check for daily credit report changes. When new debt or credit lines show up, lenders re-calculate the ability of borrowers to qualify for financing.

Avoid opening new lines of credit, making big purchases or getting more credit in the middle of the application process. When your credit reports are re-checked, and new credit activity shows up, that activity can sometimes scuttle a once-solid mortgage application.

For more information on the home buying process and more tips on how to best qualify for a mortgage, contact your REALTOR at www.calcagni.com 


Source: Carrington

Reprinted with permission from RISMedia. ©2013. All rights reserved.

Maggie Griffin  Calcagni Associates Real Estate

Maggie Griffin, ACRE, e-PRO, REALTOR

Calcagni Real Estate President Steven Calcagni recently announced the appointment of residential sales agent Maggie Griffin to the company’s Wallingford office.

Maggie, a native of Hamden who currently lives in Wallingford, is a full time REALTOR® and is a member of the Greater New Haven Board of Realtors, Connecticut Association of Realtors, and National Association of Realtors.  “Maggie’s comprehensive knowledge of real estate, coupled with her drive to provide excellent customer service, makes her a great asset to our company,” said Steven Calcagni.

Maggie Griffin, a professional REALTOR for close to two decades, is more than happy to be affiliated with Calcagni Real Estate “because it gives my clients the opportunity to take advantage of all the diversified services that Calcagni Real Estate offers home sellers, buyers, builders, those who are relocating, and anyone who has real estate needs in today’s real estate market,” said Maggie.

Maggie lives by her slogan, “No Client of Mine is Left Behind”. Her goal is to lead sellers and buyers to a successful transaction, providing several real estate related services in order for her clients to achieve their home buying or selling goals. Her specialties and expertise range from Waterfront Communities, New Homes, Re-sale Homes, Condos, Multi-family Homes, Investment Properties, Luxury Homes, market values of homes, land, probate sales, short sales and foreclosures.   She is a home staging specialist, e-Pro, customer service certified, internet specialist and one of few ACRE designated agents in CT along with being an ACRE Consulting Business Graduate.

Maggie is a recognized Multi-Million Dollar Producer, a Founder’s Club Member, Executive Club Member, Manager’s Club Member, a Top RELO Producer in Connecticut for buyers and sellers who have relocation needs; and she is one of the few Real Estate Professionals to be amongst The Premier Club National Membership from the Relocation Network. Her dedication to her clients who sell and purchase a home is what she calls “Her True Rewards” knowing she is a part of their American Dream and one of the most important decisions one makes in a life time.

The Greater New Haven Association of Realtors has recognized Maggie for Excellence in Production multiple times. Maggie was also one of Metropolitan Magazine‘s selections as their choice of Realtors in Connecticut, for proving success and dedication in the Real Estate field based on her production and recommendations from past and current clients and amongst her colleagues. In addition, Maggie held a seat on GNHAR’s Professional Standards Committee (2007) and on CAR’s Legislative Political Affairs and Sub-deficit Committees (2009). She also taught Real Estate Principles and Practices along with being a guest speaker at several home buyer seminars.

Because of her dedication, knowledge and levels of experience, Maggie has received several awards and recognition throughout the years she has been in the Real Estate profession. These awards and recognitions are a result of her outstanding performance in Customer Service, Highly Rated in Consumer Satisfaction, Production and Relocation

Maggie’s office at Calcagni Associates is located at 924 North Main Street Ext, Wallingford, and she may be reached to answer any of your real estate questions by calling (203)265-1821 Ext. 214 or by visiting:  www.calcagni.com/MaggieGriffin

Calcagni Real Estate President Steven Calcagni recently announced the appointment of residential sales agent, Gabriel Rios, to the company’s Hamden office.

Gabriel is a full time Spanish speaking REALTOR who specializes in seller and buyer and assisting first-time home buyers.  He is a member of the Greater New Haven Board of Realtors, Connecticut Association of Realtors, and National Association of Realtors. “We are thrilled to welcome Gabriel to the team,” said Steven Calcagni “He is a great addition to our Hamden office.”

A native of Columbia, Gabriel moved to the United States sixteen years ago and now lives in North Haven, where he purchased his first home. His home buying experience inspired him to make selling real estate his career, hoping to help make a positive impact on the life of others.

Gabriel is available to serve all your real estate needs throughout New Haven County and beyond. He may be reached at Calcagni Real Estate’s office located at 2620 Whitney Avenue, Hamden by calling (203) 288-1821 Ext. 406 or by visiting:  www.calcagni.com/GabrielRios

 

House_Sold_Sign

When it comes to buying or selling a home, it’s easy to become overwhelmed by the amount of information available via your agent, family members, friends and even your neighbors. While taking everything in may seem like an uphill battle, a trip to your local library may be worthwhile.

Here are five best-selling books that you might want to pick up to help get a better handle on what you’re going through.

“House Selling for Dummies”/ “Home Buying for Dummies”: These popular books are both on their fourth editions and touch on some basic tips that everyone should know, but don’t always do. Eric Tyson and Ray Brown offer a ton of time-tested advice and updated strategies for buying or selling a home within the current market conditions. Additionally, “The For Dummy” books are available in a wide range of topics, covering everything from getting a mortgage, home-buying kits and even short sales.

“100 Questions Every First-Time Home Buyer Should Ask”: Things are changing fast in residential real estate, and this book will bring you up-to-date. Whether you’re a first-time buyer, first-time seller, or haven’t bought a home in at least five years, real estate expert Ilyce R. Glink has complied answers from top brokers around the country addressing all of the current trends homebuyers need to stay on top of to find the home of their dreams. Not only does the book include great reference sections on contracts, resources, and real estate terms, it also has mortgage payment tables in the back.

“Holmes Inspection: The Essential Guide for Every Homeowner, Buyer and Seller”: Mike Holmes, star of the popular Canadian home improvement show, “Make it Right,” explains how to spot problems and gives you the information you need to judge a house wisely during an inspection. From the mechanicals (furnace, electrical and plumbing) to the “envelope” (floors, walls, doors and windows) to issues of location, this book includes real case studies, red flag sidebars and hundreds of photographs regarding what to look out for.

“Nolo’s Essential Guide to Buying Your First Home”: Written by legal experts Ilona Bray, Alayna Schroeder and Marcia Stewart, this book is filled with interesting facts, real-life stories and insights, and common pitfalls to avoid when buying a home in today’s market. It’s essentially a guide from A-Z on securing the right mortgage, selecting the right agent, and ultimately finding your dream home.

“The 106 Common Mistakes Homebuyers Make (and How to Avoid Them)”: Author Gary Eldred has compiled the experience of hundreds of homebuyers, real estate agents, home builders, and mortgage lenders to create a guide to keep people from making errors in the home-buying process. Topics addressed in this book include underestimating utilities and other costs, researching selling prices and not trusting your agent.

For more information about real estate related reading material, contact your Calcagni agent today.

Reprinted with permission from RISMedia. ©2013. All rights reserved.