The most frequent question I am being asked right now: “What is my home worth these days?” Even if you are not going to move anytime soon, this is an important question. For most people, the biggest contributing factor toward their net worth is the equity in their home. Home value can determine credit worthiness, as well as serve as a saving account.
We have seen times when home values were increasing by thousands of dollars each month. In my experience, this gives homeowners a feeling of financial confidence.
The factors which currently influence the value of your home are:
● Where you live.
● What homes, nearest you, are for sale or have recently sold.
● How long those homes took to sell.
If you or someone you care about is curious what your home is worth right now – ask me for a Free Custom Home Value & Market Analysis. I want to make sure that you and the people you feel comfortable introducing to me feel secure knowing that you have the most accurate information. To request your Free Home Analysis, click https://AppointmentwithRobRosa.as.me, call or text me and I will make sure you know right away how your home is valued in today’s market.
Did you know you can take real estate pre-licensing classes in the state of CT WITHOUT wearing your mask? Visit http://ctrealestateschool.info to get all the info you need.
Let us show you how we can get your home ready for sale so that we can sell it for the most money possible - don't pay anything until the closing! Unique program that we offer! Call or Text me. Or visit https://robertrosa.bhhsneproperties.com/pinnacle to learn more!
When you first put your house on the market, you might be hopeful for a quick sale—especially if you've put a lot of money into improving the house over the years and if the neighborhood is one that has historically attracted a lot of buyers. While you shouldn't panic if the house doesn't sell the moment you list it, you should begin to worry if the months start flying by without any real offers. If this is the case, here are 10 reasons why your house may not be selling.
All these things can be fixed once you realize your mistake; however, the longer your property stays on the market, the less likely it will sell at listing price. One of the best ways to avoid making these common mistakes is by working with a professional real estate agent.
🆕How Is The Real Estate Market ▶ Real Estate Market UrgentTo learn more about how is the real estate market, please check out: ➡ http://ctrealestateselling.comThis video is about how is the Hartford County (including Avon, Bloomfield, Burlington, Canton, E Granby, E Hartford, E Windsor, Enfield, Farmington, Glastonbury, Granby, Hartford, Hartland, Manchester, Marlborough, Newington, Plainville, Rocky Hill, Simsbury, South Windsor, Southington, Suffield, West Hartford, Wethersfield, Windsor Locks and Windsor) in CT (Connecticut) real estate market. It provides valuable information but also tries to cover the following subject:-real estate market -real estate values -real estate news-real estate trends-real estate days on market-real estate selling home tips-real estate buying home tips
Youtube is the best place to go when searching for videos about how is the real estate market. How is the real estate market is obviously something that intrigues you and a lot of people so I made this video. People who searched for real estate market likewise looked for real estate market.~~~~~~~~~~~~~~~~~~~~~Our channel has other similar video clips regarding real estate market, real estate market and real estate news Please check them out : https://www.youtube.com/user/MrTriplestar/videos_________________________Here are some incredible real estate stats! Don't just sit around and wait! Read the full blog post here: https://robrosarealestate.blogspot.com/ Hartford County - central CT single family home statistics - Sold by week were normal, nothing out of the ordinary. - Average price of homes sold per week, again, normal, nothing out of the ordinary BUT wait... - Pending transactions (under deposit, continue to show, contingency). Having much longer closing times. Need to work with experienced real estate agents and loan officers. For Buyers, now is the time: - Standards to get loan increasing - Work on credit repair and saving - Get longer rate lock For Sellers, now is the time: - Prepare to sign extension requests - Work with an agent to sell who knows the 4 Ps of marketing: Product, Price, Place and Promotion. Here's what you can do: - stay positive - don't put your head in the sand - learn new talents, get creative with your daily activities - IF IF IF you are healthy, get one of those essential worker jobs - don't think you can just rely on the government. The stimulus money will go quick.- don't adopt the victim mentality Conclusion:
- plenty of bargains for buyers - values are still good for sellers Have I responded to all of your concerns about how is the real estate market? You can also get more info about your specific home, neighborhood, town or city at http://homepricechange.comWisdom of the Day! No...Wisdom of the weekend in honor of Memorial Day. My son is in Fort Benning, GA in Airborne school! My father, uncles and grandfather are veterans. “Veterans are a symbol of what makes our nation great, and we must never forget all they have done to ensure our freedom. “ - Rodney FrelinghuysenFor more real estate ideas, subscribe to my YouTube Channel! Where I hang out online... https://www.facebook.com/robrosarealtor http://ctrealestateselling.com http://ctrealestateschool.info https://www.linkedin.com/in/robrosa https://www.instagram.com/ctlivingwithrobrosa http://robertrosa.bhhsneproperties.com Rob Rosa is a licensed real estate broker in CT Berkshire Hathaway HomeServices New England Properties 1160 Silas Deane Highway, Wethersfield, CT 06109
Real Estate Rocky Hill - Looking for a Real Estate Agent In Rocky Hill? Valuable Review
--- CLICK SHOW MORE! FREE PRIZE INSIDE ---
See Valuable Reviews at http://ctrealestateselling.com
Your Real Estate Agent in Rocky Hill, CT - real estate
Call us right now at:
860-558-2122
Email us right now at:
robrosa@bhhsne.com
You have searched for the best real estate services in Rocky Hill which is why you viewed our video. Do not wait to call us today!
Buying or selling a home is the biggest and also one of the most important investments which you could make in life. Nonetheless, the procedure is not as easy as it seems if you don't have a caring, experienced and motivated real estate agent like Rob Rosa.
You might be thinking about purchashing a home, condo or investment property yourself but there are many traps that you'll waste most of your cash in the process if not done right.
Can't watch the video? Video owners have selected to make their video readily available just to specific regions . Youtube may block particular material to abide by local laws.
To assist you in buying or selling the finest property, Rob Rosa and Berkshire Hathaway HomeServices New England Properties (BHHS NE Properties, real estate agency in Rocky Hill) is at your services. We have the team of specialists which will provide you the best real estate services in Rocky Hill. If you reached this video clip because you have an interest in real estate as well as best real estate agent services, you've reached the appropriate place!
In this video we attempt to cover various other topics connected to:
best real estate agent
top rated real estate agent
top selling real estate agent
best realtor
top rated realtor
Help from experts
Our expert, Rob Rosa, will give you these services:
• They'll show you the houses for sale in Rocky Hill which will satisfy your requirements as well as the house will be found in the area that you've picked
• Specialists will handle all the documents, negotiation, and inspection. All you have to do is opt for the property and complete the deal
• We are offer the most affordable rates among the real estate agencies in Rocky Hill and so the entire procedure will be accomplished with the best value
Choose your dream home
Our real estate agency in Rocky Hill, Rob Rosa is a Rocky Hill expert and has been working in this field for several years. We know how to assist you in finding the dream house.
Keep in mind there are several cheap real estate agencies in Rocky Hill, so assure that you aren't dealing with a real estate agency or team that will not really help you. If you are interested in subjects like real estate or top rated real estate agent than we will certainly do our ideal to assist you.
Our real estate services in Rocky Hill are guaranteed and we will show you that houses , condos and commercial property for sale in Rocky Hill can be bought or sold easily.
Read the full blog post here: https://robrosarealestate.blogspot.com
For more real estate ideas, subscribe to my YouTube Channel!
https://www.youtube.com/user/MrTriple...
Where I hang out online...
https://www.facebook.com/robrosarealtorhttp://ctrealestateselling.comhttp://ctrealestateschool.infohttps://www.linkedin.com/in/robrosahttps://www.instagram.com/ctlivingwit...http://robertrosa.bhhsneproperties.com
Rob Rosa is a licensed real estate broker in CT
Berkshire Hathaway HomeServices New England Properties
1160 Silas Deane Highway, Wethersfield, CT 06109
#RealEstate#BestRealEstateAgent#TopRatedRealEstateAgent#TopSellingRealEstateAgent#BestRealtor#TopRatedRealtor
Tour this Beautiful Rural Home Renovated for Sale with Rob RosaFree list of homes you will like at http://ctrealestateselling.comThis home is all new and only about 16 minutes from Hartford, CT but it is in a rural area that is very desirable with good schools. Text the number 35 to 860-558-2122 and get all the details quickly.The kitchen is gorgeous with granite counters, gleaming hard wood floors, stainless steel appliances, custom cabinets and exquisite tile backsplash. The bathroom is all new too with tile and gorgeous fixtures. The main living level also includes a spacious living room open to the kitchen, a formal dining room and master bedroom with a huge closet.The upper level is two large bedrooms with new flooring, ceiling fans and large closets.The mechanicals are brand new high efficency and the home even has a large yard that is fenced along with a 1 car garage.It is easy to view - text 35 to 860-558-2122 to get all info and request a showing today!
For more real estate ideas, subscribe to my YouTube Channel!https://www.youtube.com/user/MrTriplestarWhere I hang out online...https://www.facebook.com/robrosarealtorhttp://ctrealestateselling.comhttp://ctrealestateschool.infohttps://www.linkedin.com/in/robrosahttps://www.instagram.com/ctlivingwithrobrosahttp://robertrosa.bhhsneproperties.comRob Rosa is a licensed real estate broker in CTBerkshire Hathaway HomeServices New England Properties1160 Silas Deane Highway, Wethersfield, CT 06109--- See more homes for Sale at http://ctrealestateselling.com --
Watch this video to get a Market Update AND Wisdom of the Day!
Here are some incredible real estate stats! Don't just sit around and wait! Read the full blog post here
Hartford County - central CT single family home statistics
- Significant increase in number of Single Family homes sold, at 222 last week. Most likely due to the fact of pent up demand and it being basically the last week of the month.
- Average price per home sold increased to $287,812. This is an increase from last week of about $20,000.
- Pending homes on the market (under deposit, continue to show, contingency). Having much longer closing times. Need to work with experienced real estate agents and loan officers.
- Days on the Market is much higher
- For Buyers:
- Standards to get loan increasing
- Work on credit repair and saving
- Get longer rate lock
- For Sellers:
- Our repair - renovation program. No money out of your pocket until you sell. No hidden fees or costs.
- Prepare to sign extension requests.
- Wisdom of the Day:
- “ Work whatever tools you may have at your command and better tools will be found as you go along.“ - Napoleon Hill
Here's what you can do:
- stay positive
- do the best you can with what you have
- learn new talents, get creative with your daily activities
- don't put your head in the sand. Find a way to do the best you can with the tools you have. You can get to the next step in your life if you want to.
- My team and I are available to help you. Contact me asap.
For more real estate ideas, subscribe to my YouTube Channel at http://smartreadvice.com! Where I hang out online...
How Much is My Investment Property Worth?
Read the full blog post here: https://robrosarealestate.blogspot.com/
Let's talk about whether or not this is a good investment or what price should we sell it at. The income approach will help us determine the property's value. The income approach is used for valuation of income-producing properties such as apartment buildings, office buildings, retail stores and shopping centers and is based on anticipation. These are the 5 steps that are taken into consideration - G - I - V - E - N
GROSS Income - estimate it depending upon market, also include sources such as vending machines, parking fees, and laundry machines.
Vacancy - deduct for vacancy and rent loss.
Expenses - items such as heat, hot water, utilities, real estate taxes, insurance, legal & accounting fees, advertising and property management are included. Mortgage payments (principal and interest) are debt service and are not considered operating expenses.
Net Operating Income - deduct the annual operating expenses from the effective gross income to arrive at the annual net operating income (NOI).
Estimate the capitalization rate (cap rate) or get it from your local experienced real estate agent. In Hartford County, the cap rate is 7.19% for apartment buildings and mixed use right now. This is determined by comparing the relationship of net operating income with the sales prices of similar properties that have sold in the current market. For example, ca comparable property that is producing $5,000 per month of NOI, $60,000 annualized NOI and the cap rate is 7.19% would have a value of $834,492.35.
Here are the 3 equations used:
Value x Rate = Income
Income / Value = Rate
Income / Rate = Value
This will help to determine the value and or what the expected income should be. It is just a gauge that is used.
For more real estate ideas, subscribe to my YouTube Channel!
https://www.youtube.com/user/MrTriplestar
Where I hang out online...
https://www.facebook.com/robrosarealtor
http://ctrealestateselling.com
http://ctrealestateschool.info
https://www.linkedin.com/in/robrosa
https://www.instagram.com/ctlivingwithrobrosa
http://robertrosa.bhhsneproperties.com
Rob Rosa is a licensed real estate broker in CT
Berkshire Hathaway HomeServices New England Properties
1160 Silas Deane Highway, Wethersfield, CT 06109
This is uncharted
territory, much different than housing crash of 2007. There were warnings in
2003 with mortgage derivatives, unregulated loans, interest only and adjusted
rate loans.
Hartford County -
central CT single family home statistics
- Sold by week were
normal, nothing out of the ordinary.
- Average price of
homes sold per week, again, normal, nothing out of the ordinary BUT wait...
- Pending
transactions (under deposit, continue to show, contingency). Having much longer
closing times. Need to work with experienced real estate agents and loan
officers.
For Buyers, now is
the time:
- Standards to get
loan increasing
- Work on credit
repair and saving
- Get longer rate
lock For Sellers, now is the time:
- Prepare to sign
extension requests
- Work with an agent
to sell who knows the 4 Ps of marketing: Product, Price, Place and Promotion.
Here's what you can
do:
- stay positive
- don't put your
head in the sand
- learn new talents,
get creative with your daily activities
- IF IF IF you are
healthy, get one of those essential worker jobs
- don't think you
can just rely on the government.The
stimulus money will go quick.
- don't adopt the
victim mentality
- plenty of bargains
for buyers
- values are still
good for sellers
My Creed by Dean
Alfange "I do not choose to be a common man. It is my right to be
uncommon. I seek to develop whatever talents God gave me—not security. I do not
wish to be a kept citizen, humbled and dulled by having the state look after
me. I want to take the calculated risk; to dream and to build, to fail and to
succeed. I refuse to barter incentive for a dole. I prefer the challenges of
life to the guaranteed existence; the thrill of fulfillment to the stale calm
of utopia. I will not trade freedom for beneficence nor my dignity for a
handout. I will never cower before any earthly master nor bend to any threat.
It is my heritage to stand erect, proud and unafraid; to think and act myself,
enjoy the benefit of my creations and to face the world boldly and say – 'This,
with God's help, I have done.' All this is what it means to be an
American."
For more real estate
ideas, subscribe to my YouTube Channel! Where I hang out online... https://www.facebook.com/robrosarealtor
http://ctrealestateselling.com http://ctrealestateschool.info
https://www.linkedin.com/in/robrosa
https://www.instagram.com/ctlivingwithrobrosa
http://robertrosa.bhhsneproperties.com Rob
Rosa is a licensed
real estate broker in CT Berkshire Hathaway HomeServices New England Properties
1160 Silas Deane Highway, Wethersfield, CT 06109
ADU? How will that help my real estate value?
Read the full blog post at https://robrosarealestate.blogspot.com
ADUs (Accessory Dwelling Units) are usually small units that are built in the back or side of a parcel's main home. In many cases a mother, father, family, loved one, caretaker lives in this 2nd unit. These are an opportunity to stay closer with loved ones and still having your own privacy. It is an opportunity for maybe the homeowner to even make extra revenue from the rental of the ADU.The ADU is usually about 500 square feet and will be built at land level with wider doors and handicap accessible features such as lower counters and handles in the shower. The cost to build a unit such as this might be about $40,000-$50,000 or even more. I have many tradespeople available to help: electricians, plumbers, roofers, framers. You know who you are! There can be many local community rules, restrictions and municipal ordinances and so you have to make sure you get permits. There could be occupancy and density issues.
The are many benefits to having an ADU on your property. In a 2018 survey by AARP, Americans 50 and older who would consider an ADU said it would:84% - provide a home for a loved one in need of care83% - provide housing for relatives or friends79% - have a space for guests67% - increase the value of their home64% - help them feel safer with someone living nearby60% - create a place for a caregiver to stay53% - provide extra income from renting to a tenantADUs can be considered similar to "mother-in-law" units. I can get you a list of homes with a mother-in-law suite or home office in your area if you want one. Just let me know.Much of the information was provided by an AARP Bulletin. The author is Joe Eaton.
For more real estate ideas, subscribe to my YouTube Channel!
https://www.youtube.com/user/MrTriplestar
Where I hang out online...
https://www.facebook.com/robrosarealtor
http://ctrealestateselling.com
http://ctrealestateschool.info
https://www.linkedin.com/in/robrosa
https://www.instagram.com/ctlivingwithrobrosa
http://robertrosa.bhhsneproperties.com
Rob Rosa is a licensed real estate broker in CT
Berkshire Hathaway HomeServices New England Properties
1160 Silas Deane Highway, Wethersfield, CT 06109
Real Estate Escrow? What is it?Learn about tips for Buyers and Sellers when dealing with Deposit money - escrow accounts. What is best way to handle it? How much money should we offer? What happens to the money?
Generally, the real estate sales contract provides that the listing broker will hold the deposit money deposited by the buyer. A separate account for the deposit of the money but be maintained. No comingling or conversion. These deposits must be made within three banking days from the date of obtaining all signatures from all parties to the transaction.Interest earned on real estate broker accounts is paid to the Connecticut Housing Finance Authority to benefit a program for first-time homebuyers. A few cents from each transaction will add up to quite a lot to help others. A buyer and seller may decide other arrangements in the Purchase & Sale Agreement.The amount of the deposit is dependant upon many factors. Is the buyer competing against multiple offers? Doe the seller need more assurance that the buyer will be able to close without a problem?
For more real estate ideas, subscribe to my YouTube Channel!https://www.youtube.com/user/MrTriplestarWhere I hang out online...https://www.facebook.com/robrosarealtorhttp://ctrealestateselling.comhttp://ctrealestateschool.infohttps://www.linkedin.com/in/robrosahttps://www.instagram.com/ctlivingwithrobrosahttp://robertrosa.bhhsneproperties.comRob Rosa is a licensed real estate broker in CTBerkshire Hathaway HomeServices New England Properties1160 Silas Deane Highway, Wethersfield, CT 06109
