Life in Newtown, CT: Short Sales in Newtown, CT - as of 5/23/2011

Short Sales in Newtown, CT - as of 5/23/2011

Short Sales in Newtown, CT - as of 5/23/11.  Back in September 2008, we posted a blog titled "Short Sale - What is It?".  We think this is useful information as we frequently explain what a short sale is to both buyers and sellers.  Our intention is to update you every 2 months about the short sale activity in Newtown, CT.Short Sales in Newton, CT

As of today, the short sale market in Newtown looks like this:

  • 25 are Actively listed for sale
  • 16 have taken price reductions
  • 2 are under deposit
  • 4 are pending sale
  • 3 have closed in 2011
  • 3 have been withdrawn or canceled
  • 0 were re-listed for sale
  • 1 have expired

The price range of the actively listed short sales in Newtown range from $99,900 to $779,000.  As you can see, short sales in Newtown, CT have been selling, despite being difficult transactions.  25 is the most that we've seen listed for sale at one time.

If you would like a list of the short sales in Newtown, CT, just email us and we'll forward you an Excel list ASAP. 

If you would like to sell your home and feel it might be a short sale, please contact us.  WE CAN HELP YOU.  We are experienced with short sales and we are also SFR Certified.  Anything you tell us will be held in the strictest confidence and will not be shared with anyone else. 

Bob and Richelle Ward, Realtors, Newtown, CT

Bob and Richelle Ward
Coldwell Banker Residential Brokerage
Bob's Cell: 203 470-9818  l  Richelle's Cell: 203 470-9819
Email: wardteam@cbmoves.com
Facebook  l  Website  l  Blog

Comment balloon 3 commentsBob and Richelle Ward • June 02 2011 07:11AM

Comments

Rob and Richelle ... Do you find that many short sales are on the market for less than the appraised value? If so, the property might qualify for 100% financing of the appraised value with the USDA's Rural Housing Development loan. The difference between the conract price and the appraised value can be used to finance the closing costs. No need to negotiate seller concessions. And, No Monthly MI. If you think this program can make it easier to close your next sale in Newtown, give me a call. Rick

Posted by Rick Cignoli, Sr. Mortgage Loan Officer (Norcom Mortgage NMLS# 71655 Equal Housing Lender) over 7 years ago
Please call me! I have some question about short sale! 203 482 5667 thank you
Posted by Jasenka Laurer almost 7 years ago
Hi Bob, I spoke to you two weeks ago about my little farm in Newtown! I would like to meet you after Holiday to discuss more about shirt sale! Hope you have nice Holiday! Jasenka 203-482-5667
Posted by Jasenka Laurer over 6 years ago

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