Mayra Dube Nextage First Class Realty 17 Walnut St 2nd FL New Britain, CT 06051 Office: 203-813-2213 Fax: 888-403-0924 Cell: 860-690-7779 Local Weather Mortgage Rates National Average Rate* 30-Year Fixed 3.89% 15-Year Fixed 3.22% 5/1 ARM 2.87% * Conforming FNMA Loan Amount. Rates may include points. Information updated: 1/27/2012

Having the right real estate agent means having an agent who is committed to helping you buy or sell your home with the highest level of expertise in your local market. This means also to help you in understanding each step of the buying or selling process. This commitment level has helped me build a remarkable track record of delivering results.

Whether you are an experienced investor or a first time buyer, I can help you in finding the property of your dreams. Please feel free to browse my website or let me guide you every step of the way by calling or e-mailing me to set up an appointment today.

NEW FOR YOU TODAY.....

$5,000 Grants for First-Time Military Buyers

Acitve duty personnel, veterans, retired members of the military, and employees of the US department of Defense and the Department of Homeland security are eligible to apply for up to $5,000 in down payment and closing costs in the purchase of a first home. The national nonprofit Pentagon Federal Credit Union Foundation is offering the assistance through its Dream Makers Program and says the grants can be applied to a mortgage from any financial institution. More info is at www.pentagonfoundation.org Click on the "Dream Makers" link.

DID YOU KNOW......

elderly renter assistance is available each year between May15 and Sept 15 at your municipality's social service agency or at the assessor's office.

Do you have items in your home that if something happened you wouldn't have a list? Their value or picture? Well I have a website for you and it's FREE!!!. www.whatyouown.org is a free website that lets you inventory your personal items and makes a handy report for you. ALL FREE! log in and download the software so you have the info in your computer as well. Don't forget to print the report and put it in a safe place. WOW what a deal!!

SOME GOOD NEWS FROM THE COMMERCIAL RECORD-- I recommend reading and signing up for....

Housing inventory in the Greater Hartford area rose 16.47 percent in October to 6,278, up from 5,390 from the same month last year, according to the Greater Hartford Association of Realtors (GHAR).

The median sale price rose more than 9 percent to $240,000, up from $220,000 last year. Pending sales decreased 29.36 percent to 628, down from 889, and closed sales dropped 34.23 percent to 563, down from 856 during the same period last year.

During this same time frame, the average days a home spent on the market increased 13 percent to 78 days, up from 69 in 2009. The average days a house spent on the market increased 13.7 percent and new listings rose 3.83 percent, according to the association.

Inventory dropped 3.89 percent from a month earlier, and new listings were down 12.55 percent to 1,275, from 1458 in September. Closed sales dropped almost 1 percent to 563 from 568 a month earlier, and pending sales also dropped 4.41 percent to 628 from 657 the prior month.

"Owning a home is still one of the best ways to build long-term wealth," said Greater Hartford Association of Realtors President and CEO Jeff Arakelian. "The historically low interest rates, affordability conditions, and a wide range of inventory present outstanding opportunities for both buyers and sellers in this market."

In year-to-date data, new listings increased by 8 percent to 15,329 from 14,192 during the same period last year, and the median sale price increased by 1.76 percent to $227,000. Closed sales decreased 5.14 percent to 6,668 from 7,029 during the same period a year ago, and pending sales decreased 11.8 percent to 7,844. The average days a house spent on the market increased by 2.82 percent.

Closed sales of condominiums in Greater Hartford decreased by 47.96 percent to 140, a drop from 269 in October 2009. The median sale price rose 2.12 percent to $166,450, and inventory increased by 4.91 percent to 1,815. The average number of days a condo spent on the market also increased by 8.79 percent to 99 days 

Loss Mitigation Certification

The Loss Mitigation Certification, is a course that provided information and guidance on the complicated transactions involving foreclosures,short sales, properties at auction or bank owned (also known as real estate owned or REO), and assisting buyers, sellers and mortgage companies through the process.

The curriculum taught me how to deal with short sales on both the buying and listing side; how to best approach lenders; and what information they will be required to produce.  Since not all short sales avoid foreclosure, I also learned about the auction process including viewings, financing and bidding.  Lastly, this course will also address the human element of these transactions as consumers potentially face losing their homes.

Are you in trouble making your payments - I can help with that too. I took a long time helping my clients purchase their home and I am working for them to keep it too. Check out my Save Your Home section and see if Loan Modification can help you save your home. IF YOU ARE RECIEVING FORECLOSURE NOTICES OR LATE NOTICES CALL ME TODAY!!!!! IF YOU WANT TO SAVE YOUR HOME!!! DON'T WAIT ANOTHER MINUTE!