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Marabeth Gildersleeve's Central Ct Blog

Articles will be posted that will be of interest to you as a buyer or seller or renter, including mortgage information, insurance information, market statistics for Glastonbury, Portland and Middletown, listings, open houses.
Open House in Portland on Sunday. Owner Motivated!

June 2010
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Portland, Middlesex County  -  We invite everyone to visit our open house at 11 East Main St on June 13 from 1:00 PM to 3:00 PM.

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Posted Wednesday, June 09, 2010 8:57 AM by Marabeth Gildersleeve | 0 Comments

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Townhouse For Sale in Skyview

Front of unit
Open Floor Plan

• 1,284 sq. ft., 2 bath, 2 bdrm townhouse - MLS® $189,900

 -  Totally remodeled first floor in this townhouse at Skyview with over $30,000 in upgrades!
You have to see this unit because it is not your typical floor plan for the complex. The owner has opened up the kitchen to the rest of the first floor area, which gives this unit a very open and appealing floor plan. The kitchen has been totally remodeled with new cabinets, granite countertops, stainless aplliances and a breakfst bar. The whole first floor also has hardwood floors.

The kitchen looks into the dining area and living room, which has a fireplace and sliders to a nice deck. Painted in the colors popular today, with white trim, moldings and all new doors, you will be impressed. Also on the first floor there is a half bath.

Upstairs there are 2 bedrooms, each with their own full bath. The washer and dryer are also located on the upper level.

Besides the major remodeling on the first floor, this unit also has a new heating system, hot water heater and air conditioning unit. The garage under the unit could fit 2 cars tandem or as some owners have done, you could take part of the garage space and finish.

Overlooking the courtyard, with a large grass area this is one unit you don't want to miss!

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Posted Friday, June 04, 2010 10:25 AM by Marabeth Gildersleeve | 0 Comments

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Price Reduced on 11 East Main St in Portland

Portland, Middlesex County  -  Announcing a price reduction on 11 East Main St, a 1,928 sq. ft., 2 bath, 4 bdrm colonial. Now MLS® $219,900 - Reduced and Priced to Sell!

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Posted Tuesday, May 18, 2010 4:22 PM by Marabeth Gildersleeve | 0 Comments

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New Listing - Charming Colonial in Portland - Buyer Reward

Exterior
Charming Colonial

• 1,928 sq. ft., 2 bath, 4 bdrm colonial - MLS® $229,900

 -  Hurry to see this charming colonial! Seller has signed up for the Prudential ReWards Program which means they will give you 3% back towards your closing costs to make up for the tax credit going away. There are also other rewards.

Set on a tree lined street within walking distance to the library, Town Hall and downtown this colonial features a newer roof and furnace, has just been totally repainted inside and is ready for you to move in. Enjoy the sreened in front porch for your summer meals or just to sit and relax. As you enter this home you will notice the beautiful oak bannisters, oak trim and hardwood floors. The front to back living room features a fireplace, lots of windows and built-in bookshelves. Entertain in the formal dining room, again featuring hardwood floors and lots of oak trim. The kitchen has a pantry and opens to an addition that was put on about 20 years ago and can be used as an eating area or small den. Off of the kitchen is a full bath and laundry room.

The second floor has 3 bedrooms, hardwood floors and a full bath. On the third floor there is a 4th bedroom or study with skylights and lots of storage room.

You won't be disappointed in this home, in a great location!

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Posted Tuesday, May 04, 2010 11:45 AM by Marabeth Gildersleeve | 0 Comments

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Open House - 14 Grove St, Portland - 1-3

April 2010
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Route 66, Portland  -  We invite everyone to visit our open house at 14 Grove St on April 11 from 1:00 PM to 3:00 PM.

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Posted Thursday, April 08, 2010 8:54 AM by Marabeth Gildersleeve | 0 Comments

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391 Adams St. Unit 15 - Fantastic Price!

Manchester, Hartford County  -  Announcing a price reduction on 391 Adams St S, a 1,254 sq. ft., 1 bath, 2 bdrm 2 story "Townhouse". Now MLS® $149,900 - Price Reduced!. Don't miss out on the $8000 tax credit.! Time is running out and this condo is FHA approved.

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Posted Thursday, April 08, 2010 8:53 AM by Marabeth Gildersleeve | 0 Comments

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New Listing - Open Sunday - 1-3 83 Rolling Meadow Dr, East Hartford

March 2010
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83 Rolling Meadow Dr.,East Hartford  -  We invite everyone to visit our open house at 83 Rolling Meadow Dr on March 28 from 1:00 PM to 3:00 PM.

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Posted Friday, March 26, 2010 1:51 PM by Marabeth Gildersleeve | 0 Comments

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New Listing - Custom Designed Contemporary Cape

Thompson St
Custom Built Cape

• 3,370 sq. ft., 2 bath, 4 bdrm 2 story "Cape" - MLS® $525,000

 -  Set back from the road on a beautiful level 1.89 acre lot, this custom built contemporary cape has a very flexible floor plan and is filled with light. The main floor has a kitchen with new granite countertops and a snack bar. It is open to a large great room with cathedral ceilings, skylights, a stone floor to ceiling fireplace and French doors to a large deck. There is also a formal dining room and a foyer. The first floor master bedroom has a walk-in closet, French doors to the deck and a large full bath with a jacuzzi tub and separate shower. Also located on the first floor is a separate office and a very large mudroom that can be reached through the side entrance. Completeing the main level is a half bath and laundry room.

The upper level has 2 bedrooms and a loft area overlooking the great room, plus a full bath. In addition there is an upper level family room and another large bedroom that could be an upper level master bedroom with a walk-in closet and a balcony. There is one area that is not finished that has plenty of room for a master bathroom.

Enjoy your summers around the custom designed inground pool that is only 2 years old and features a waterfall and a large patio of pavers and then enjoy your picnic on the deck.

This is truly a beautiful setting to call home.


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Posted Thursday, March 18, 2010 10:56 AM by Marabeth Gildersleeve | 0 Comments

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What You Need to Know about Buying a Short Sale

If you are considering buying a home that is a short sale, there are some things you should be aware of.  First of all a short sale is when a seller owes more money to the bank than they will get from the sale of their home.  In this case, you actually negotiate the price and conditions with the present owner, since they still own the home.  Then the contract has to go to the bank for approval.  There are no guarantess that they will agree.  Before that can happen a whole package of information has to be at the bank including 2 or 3 estimates of value of the home, all of the financial information about the seller and more.  If the whole package is not there, more than likely the file will go to the bottom of the pile.  A seller should have an atty. dealing with the bank or a loss mitigation specialist.

Even if everything is there, it can take a very long time to get an answer.  Until the bank has given the okay I personally would not put out any money to do inspections and I would give myself an out in the offer in case you get tired of waiting around for an answer. 

If you have the time to wait that is fine, but if you don't, there are no guarantees that the deal will ever be finalized.  The worst one I heard was from someone in my office, who had a contract that took a year to close.

 

Posted Wednesday, March 03, 2010 11:23 AM by Marabeth Gildersleeve | 0 Comments

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Time is Running Out!

For all of you Buyers and Sellers who are looking to take advantage of the tax credit program. time is running out.  The word on the street is that Congress will not be offering the tax credit program again, so April 30th is the deadline to have a contract in place.  You have to close by June 30th.

I am talking about the $8000 rebate for 1st time homebuyers, including buyers who have not owned a home in the past 3 years and the $6500 tax rebate for sellers who have lived in their homes for 5 of the past 8 years.

If you are not looking now you may be out of luck.  You really should have a contract by March 30th to allow time for inspections, negotiation of inspection issues just in case it doesn' work out and you have to find another home.

If you are looking for an agent to help you through the whole process, please give me a call or send me an email.

Posted Wednesday, March 03, 2010 11:06 AM by Marabeth Gildersleeve | 0 Comments

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Open House in Manchester on Sunday

February 2010
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Manchester, Hartford County  -  We invite everyone to visit our open house at 391 Adams St S Unit 15 at Bigelow Brook  on February 14th from 1:00 PM to 3:00 PM.  This FHA approved condo has 2 bedrooms, 1 1/2 baths, Hardwood on the first floor, newer appliances, central air and a full finished walk-out lower level.  It is freshly painted and ready for you to move in.

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Posted Thursday, February 11, 2010 11:57 AM by Marabeth Gildersleeve | 0 Comments

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Breaking News - Home Buyer Tax Credit Extended and Expanded

Obama signed into law today the new homebuyer tax credit of $8000, which will basically extend the present tax credit, which was due to expire on Nov. 30th to April 30th, 2010.  You have to have a contract in place by that time, although there is a grace period to close by June 30th, 2010.  Income limits were also raised to $125,000 for single tax payers and $225,000 for a couple.  The maximum house price is $800,000.  If a buyer has not owned a home for the past 3 years they also qualify for the tax credit.

The credit has also been expanded to give a credit of $6500 to home sellers who are buying another home.  They have to have lived in their home for 5 of the last 8 years to qualify.  Income limits are the same as is the maximum house price.

There is no need to repay the amount unless you sell before 3 years. 

If you have any questions, please fell free to give me a call.  Some advice would be, if you are considering doing this don't wait until the last minute.  In the past 1 1/2 to 2 months homes have been flying off the market for 1st time homebuyers.  Also interest rates right now are still great!  I read somewhere this week that they may be headed up at the beginning of next year.  Also there are more laws coming up in January as far as FHA, which may make buying more difficult.

Posted Friday, November 06, 2009 5:32 PM by Marabeth Gildersleeve | 0 Comments

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Bi-Level For Sale in Portland - Open House 11/15 1:00-3:00

Front of House
Updated Raised Ranch

• 2,648 sq. ft., 2 bath, 3 bdrm bi-level - MLS® $260,000 - Priced to Sell!

 -  Located in a great neighborhood setting on 1.14 acres of flat land, this oversized raised ranch with a 2 car attached garage is a great buy! The house has lots of updates including a new roof, new furnace, new gutters, all refinished hardwood floors on the first floor, plus much of it has been repainted with neutral colors.

The updated kitchen has brand new granite countertops and newer appliances. Offering lots of cabinets and space for a small table this kitchen will be sure to please. There is also a slider to the deck. Beyond the kitchen is a dining room with parquet floors.

The living room offers gleaming hardwood floors and a stone fireplace. Also on the first floor there are 3 bedrooms, all with hardwood floors. The main main bath is unbelievable! Totally gutted and renovated this bath offers a jacuzzi tub that has 42 jets and underwater lighting that changes colors as well as a heated thermal backrest. The shower stall is state of the art with side jets and more. The whole bath has gorgeous tilework and the mirrors have a defogger. You have to see it!

The lower level of this home is totally finished and offers a family room with a fireplace, that opens to another room with a bar and laminate flooring. Truly a great place for a party! There is also a full bath with laundry area and 2 other rooms to use as a pool room, office, exercise room or whatever you need. The lower level could be made into an in-law if you needed that. There are lots of options.

In the back is a deck overlooking a beautiful flat yard for any outdoor activities. Truly a lot of house for the money.

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Posted Thursday, November 05, 2009 4:26 PM by Marabeth Gildersleeve | 0 Comments

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Open House in Middle Haddam on Sunday

May 2009
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Middle Haddam, East Hampton  -  We invite everyone to visit our open house at 10-12 Keighley Pond Rd on May 17 from 1:00 PM to 3:00 PM.

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Posted Thursday, May 14, 2009 9:10 AM by Marabeth Gildersleeve | 0 Comments

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2 Homes for the Price of One Just Listed

Converted Barn
Historic Barn & Guest House

• 1,560 sq. ft., 3 bath, 2 bdrm 2 story "Plus Ranch" - MLS® $300,000 - 2 Homes for 1 Price

 -  A Truly Unique and Charming Property
2 Homes for 1 Price

Located on a quiet country road with a circular driveway on 1.6 acres of land in historic Middle Haddam, these 2 homes must be seen. The main house is a historic barn offering 1560 sq.ft. and 3 fireplaces. As you enter the front door there is a large living room with a fireplace, built-ins and beautiful wood floors. Just beyond the living room is a formal dining room, large enough for all of those family gatherings. The eat-in kitchen has loads of beams and barn board walls for that great country look and feel. The countertops are corian and there is also a snack bar. Again there are also wood floors and cathedral ceilings. Beyond the kitchen is a new full bath with tile floors.

As you go up the stairs to the 2nd floor you will be amazed, the hayloft has been converted to the huge master suite with 2 levels taking up the whole 2nd floor. Wide board floors, wood cathedral ceilings, beams and large windows as well as a fireplace are only a few of the unique features. The first thing you will notice is an oversized claw footed tub on a raised platform for those relaxing baths as you look out the picture window. There are loads of built-in cabinets, minimizing the need for other furniture. There is also room for a seating area around the fireplace.

Down the spiral staircase to the lower level walk-out, there is a summer kitchen with stone walls leading out to a glass enclosed 3 season room featuring a huge hot tub to enjoy year-round. The room is 261 sq.ft. so there is plenty of room for seating, to enjoy the views of the stone walls and the backyard.

The rest of the downstairs is finished to use as a family room, another bedroom, an office or whatever you may need. There is a large closet, another fireplace and a woodstove and it is walkout.

Now we will move on to the 2nd house, which is a small ranch offering a living room, kitchen, bedroom and huge bath. There is a woodstove and c

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Posted Monday, March 30, 2009 12:38 PM by Marabeth Gildersleeve | 0 Comments

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