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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.

January 2007 - Posts

Don't Forget to Put Your Cell Phone on Do Not Call List
JUST A REMINDER....5 days from today, all cell phone numbers are being released to telemarketing companies and you will start to receive sales calls. YOU WILL BE CHARGED FOR THESE CALLS.... To prevent this, call the following number from your cell phone: Read More...

Posted Wednesday, January 31, 2007 10:52 AM by Marabeth Gildersleeve | 0 Comments

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PMI is it Right for You?
Private Mortgage Insurance Options PrivateMI is available on a wide variety of loans and loan amounts. Your lender can help you determine which premium plan is right for you and will make all of the arrangements for obtaining insurance from the PrivateMI Read More...

Posted Tuesday, January 23, 2007 8:22 PM by Marabeth Gildersleeve | 0 Comments

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Understanding " As Is " Sales
Why Home Buyers and Sellers must Understand 'as-is' Sales By Robert J. Bruss If you are buying or selling an "as-is" residence during this peak home selling season, it is very important to understand the pros and cons of such a home Read More...

Posted Tuesday, January 23, 2007 2:06 PM by Marabeth Gildersleeve | 0 Comments

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Qualifications for $250,000 Sales Tax Exemption on Principal Residence
Do I Qualify for $250,000 Home-sale Tax Break? By Bob Bruss Realty Tax Tips-Part 1: Rules for occupancy, divorce, death Suppose you could receive up to $250,000 tax-free cash. Better yet, suppose you could receive up to $500,000 tax-free. Still better, Read More...

Posted Monday, January 22, 2007 9:40 AM by Marabeth Gildersleeve | 0 Comments

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Top Ways to Save on Homeowners Insurance
Things have changed a lot in the past few years as far as homeowners insurance goes. They are often stricter than mortgage companies and new things pop up all the time when I am working with buyers and sellers. They do look at your credit scores and they Read More...

Posted Friday, January 19, 2007 2:04 PM by Marabeth Gildersleeve | 0 Comments

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Reverse Mortgages
I just came across this article and since I attended a seminar on reverse mortgages, which I found to be very interesting and a great tool for some people, I wanted to post this information for all of you who may know nothing about reverse mortgages, Read More...

Posted Wednesday, January 17, 2007 10:47 AM by Marabeth Gildersleeve | 0 Comments

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2007 Tax Changes
2007 Tax Changes Just Finalized Personal exemptions and standard deductions will rise, tax brackets will widen and income limits for IRAs will increase in 2007, thanks to inflation adjustments announced by the Internal Revenue Service. By law, the dollar Read More...

Posted Monday, January 15, 2007 11:07 AM by Marabeth Gildersleeve | 0 Comments

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Avoid Paying for 411 Calls
ARE YOU A 411 JUNKIE? We've all been there...you're driving down the freeway, and realize you need to make a reservation at a local restaurant, find out the hours of a store you're headed to, or check movie listings for that night. What do Read More...

Posted Monday, January 15, 2007 10:49 AM by Marabeth Gildersleeve | 0 Comments

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You May Be Able to Deduct PMI in 2007
Mortgage Insurance Slated For Tax Deduction Years in the making, a federal tax deduction for mortgage insurance is all but assured after bills which include the provision were passed last month by both the House of Representatives and the U.S. Senate. Read More...

Posted Monday, January 15, 2007 9:59 AM by Marabeth Gildersleeve | 0 Comments

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Sellers Face Contingent Dilemma
Sellers Face Contingent Dilemma Contingencies in contracts will always exist. It is a rare thing to find a written contract which satisfies both parties right up front without a contingency. In a sellers market, even if the buyer writes it with no contingencies, Read More...

Posted Friday, January 12, 2007 4:19 PM by Marabeth Gildersleeve | 0 Comments

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Common Energy Saving Misconceptions
For more articles like this and other articles that are of interest as a consumer or homeowner, go to my website and get your free membership to My Homeowners Club. Common Energy Conservation Myths: take the Home Energy Audit #1 A common misconception Read More...

Posted Friday, January 12, 2007 4:04 PM by Marabeth Gildersleeve | 0 Comments

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Short Sales
I have had some experience with short sales both in representing the seller and in representing the buyer of a short sale home. When I represented the Seller, in the past 2 instances, when the market was in the tank the last time, I worked with a person Read More...

Posted Wednesday, January 10, 2007 4:38 PM by Marabeth Gildersleeve | 0 Comments

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Closed Sales in Glastonbury for December 2006
Street # Street SqFt Bedrooms Baths List Price Closed Price DOM 10 PenwoodCrossing 5121 5 5.1 $891,025 $925,561 9 68 Brentwood Dr 3814 4 3.1 $849,900 $840,000 148 55 Summit Crest 4250 4 3.2 $817,000 $780,000 53 15 Pound Foolish 4800 5 4.1 $750,000 $730,000 Read More...

Posted Wednesday, January 10, 2007 4:34 PM by Marabeth Gildersleeve | 0 Comments

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Market Report for Portland for December and 2006
MARKET UPDATE for PORTLAND for DECEMBER 2006 The market in Portland was fairly slow for the month of December. The number of active listings is down to 44. There were 10 new listings that came on the market, 7 deposits and only 2 closed sales, with the Read More...

Posted Monday, January 08, 2007 5:08 PM by Marabeth Gildersleeve | 0 Comments

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Market Report for Glastonbury for December and 2006
Market Update for Glastonbury for December 2006 Residential Glastonbury has 164 active listings on the market at this time which is quite a drop from a high point of about 225. Some of that can be attributed to the time of year, when some sellers choose Read More...

Posted Monday, January 08, 2007 5:05 PM by Marabeth Gildersleeve | 0 Comments

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December and 2006 Market Update for Middletown
Market Update for Middletown for December 2006 Residential In Middletown the number of active listings is down from last month, with only 123 homes currently on the market. Part of this is because of the time of year, since 28 listings expired in the Read More...

Posted Monday, January 08, 2007 5:00 PM by Marabeth Gildersleeve | 0 Comments

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