Here is a new Realtor testimonial from a buyer client in Milford, CT:

“There are a lot of real estate agents who deservedly do not earn the most flattering reviews.  Fortunately for us, this is not Todd Turcotte!  Todd represented us as our agent for the purchase of our new home, which happened to be out of his district through a last-minute decision of ours.  He was on top of everything from the beginning to end.  He was patient and understanding through the whole process, and ALWAYS available to answer questions in such a timely manner.  He is a superb agent, and we will recommend him to anyone we can!”

– John & Patty Payne

 

Check out the testimonials page for reviews by buyer and seller clients in Norwalk and other surrounding towns: http://norwalkrealestatetodd.com/testimonials

Questions on real estate?  Email Todd at todd@milliganrealty.com

 

 

21 Seir Hill Rd. # 7, a 2 BR condo for rent in Norwalk, was just listed for $2,300 / month.

This 2 BR Norwalk rental is nearly new and features a granite and stainless steel kitchen, hardwood floors, garage, and more.

 

Here are the remarks from the listing:

LUXURY 2 BR, 2 BATH CONDO IN UPSCALE BUILDING! – BUILT IN 2005 – GRANITE KITCHEN W/ STAINLESS STEEL APPLIANCES! – H/W FLOORS – MASTER SUITE W/ JACUZZI TUB & STALL SHOWER! – WALK IN CLOSET – 9+ FOOT CEILINGS – PRIVATE PORCH – GAS FIREPLACE IN LIVING ROOM – OFF/ST PARKING! – PRIVATE 1 CAR GARAGE + PARKING SPACE # 18 – NO PETS!!

For more information about this particular Norwalk rental, and to see more pictures, CLICK HERE

 

Questions about this Norwalk rental or other apartments for rent in Norwalk?  Email Todd at todd@milliganrealty.com

 

 

7 Seir Hill Rd. # 49, a condo / townhouse for sale in Norwalk, was just listed for $329,000.

This 2 BR, 2.5 Bath townhouse features a 2 car garage and granite kitchen.

 

Here are the remarks from the listing:

GREAT 2 BR, 2.5 BATH TOWNHOUSE NEAR WILTON LINE! – NEARLY NEW GRANITE KITCHEN AND NEWER APPLIANCES – H/W FLOORS ON MAIN LEVEL & CARPET IN BEDROOMS – 2 CAR GARAGE! – GREAT DEN / OFFICE ON 1ST FLOOR – FIREPLACE IN LR – BOTH BEDROOMS HAVE EN SUITE BATH & VAULTED CEILINGS – WALK TO MERRITT 7 TRAIN STATION IN UNDER 5 MINUTES! – COMPLEX IMPROVEMENTS ALMOST COMPLETE: NEW WINDOWS, GUTTERS, EXTERIOR PAINT!

 

To see more pictures and info about this Norwalk condo for sale, check out the listing by CLICKING HERE

Questions about this unit or other condos for sale and rent in Norwalk?  Any questions about the Norwalk real estate market?  Email Todd at todd@milliganrealty.com

 

 

How interest rates & prices impact your monthly mortgage payment

Mortgage payments are the biggest expense every month for most home owners. Sometimes they can be overwhelming, especially for first time homebuyers. The price you pay for your property is not the only factor that determines your monthly payment. Your down payment, interest rate, and “points” (a way to lower your interest rate by a lump-sum payment up front) you pay, will make a big impact on your monthly payment. Since the rates drastically effect the monthly mortgage payment, borrowers are inclined to find ways to acquire the best possible rate, including shopping around with different mortgage brokers.  Figuring out what monthly payment you are comfortable with is an important step before you meet with a realtor in Norwalk to get out and see every property on the Norwalk real estate market.

Your mortgage payment

Since your monthly payment is made of up principal and interest (and often taxes and insurance too), obtaining the lowest possible mortgage payment involves getting an approval for the lowest interest rate. Borrowers qualifying for the lowest interest rate are usually able to spend more on a home loan.  The reason is that if you are spending less on interest each month, you can afford to spend more on principal for the loan, which helps boost your buying power.  On the other hand, an increased interest rate can cut down your buying power. For instance, according to BankRate.com, a mortgage of $300,000 with an interest rate of 5% and a term of 30 years has a monthly payment of roughly $1,610.46 (before insurance and taxes).  Using the same figures and just reducing the interest rate just 1% (from 5% to 4%) would reduce the monthly payment to $1,432.25.  That is a savings of $178 per month.  We have seen interest rates tick up recently, which is important news for those who have their eye on a Norwalk house for sale.

Credit and interest

To keep your mortgage payments low, you need to begin by watching your credit history and credit score. Even before lenders approve your loan application, they carry out a thorough qualification process. They study your past credit patterns, which include current and past debts, and your payment history, to find out if you are eligible for a mortgage. If you do qualify, the mortgage interest rate is based upon your credit score and what interest rate is obtainable in the marketplace. Generally speaking, if your credit score is high, you’ll have increased chances of getting the lowest possible interest rate.  Your Norwalk Realtor should have a general idea of how this works.  Your loan officer or mortgage broker should be able to explain this in detail.  What type of credit score do you want?  The higher the better, but a score in the 700+ range will get you more favorable financing terms.

Fixed rate vs. adjustable rate

There are many housing options available in the Norwalk real estate market.  To be in a position to act on a property for sale, a buyer needs to have a base-line understanding of how financing works.  Unless they are paying cash, the financing aspect is very important.   A buyer should be able to find a home loan that they can comfortably afford. Fixed-rate mortgages offer predictable payments and stability. However, if you intend to live in your house for a shorter period of time, a mortgage with adjustable rate will offer you a lower interest rate (translating into a lower monthly payment) and will save you a significant amount of money each month.   There are upsides and downsides to every financing option, and figuring out the best one for you is the starting point in the home buying process and is strongly recommended before you get out to see any houses or condos for sale in Norwalk.

 

Questions on Norwalk real estate or how financing impacts your home buying decisions?  Email Todd Turcotte at: CONTACT ME

 

 

44 Stuart Ave # C6, an apartment for rent in Norwalk, CT, was just listed for $2,095 per month.

This 2 bedroom, 2.5 bath townhouse is just over 1 year old and features all of the modern building elements including an open floor plan, granite and stainless steel kitchen, master bedroom suite with bath, and a 2 car garage.

Here are the remarks from the listing:

NEARLY NEW 2 BR, 2 FULL BATH CONDO W/ 2 CAR GARAGE FOR RENT IN NORWALK! – LARGE GRANITE KITCHEN W/ STAINLESS STEEL APPLIANCES! – MASTER SUITE W/ BATH – HARDWOOD FLOORS! – GOOD CLOSET AND STORAGE SPACE – INTERIOR ACCESS TO 2 CAR GAR. – W/D IN UNIT – PRIVATE PORCH – CONVENIENT TO SONO, I-95 & MERRITT PKY – NO PETS!!

 

For more information about this unit, including more pictures:  CLICK HERE

 

Questions about this particular Norwalk rental, or interested in another apartment for rent in Norwalk?  Email Todd at todd@milliganrealty.com

 

 

 

5 Grassland Road, a single family home for sale in Milford, CT, just sold for $355,000.

This 3 bedroom, 1.5 bath ranch features a beautiful granite kitchen, large family room with vaulted ceilings, and an impressive back patio with custom stone work and raised-hearth fireplace.

Here are the remarks from the listing:

“Beautifully remodeled 3 BR Ranch located on a level 1/3 acre North of the Post Rd. FR with cathedral ceiling & stone fireplace, FR has French doors leading to the LR and and access to a gorgeous stone patio that looks like it should be in a magazine! It has a place for cooking/grilling, a Dining area and 3 Living (sitting) areas including one in front of the outdoor raised hearth fireplace. Award winning landscape is another highlight. Wonderful Kitchen w/ custom cabinets & Blue Pearl Granite countertops. Stainless steel appliances include Bosch cooktop and 2 convection Bosch ovens. There is also 2 dishwashers and a refrigerator/freezer. Beautiful lighting fixtures, Great storage, lower level has a partially finished room.”

 

To see more of this listing, including more pictures – CLICK HERE

Questions about this property or houses for sale in Fairfield County, CT?  Email Todd at todd@milliganrealty.com

 

 

Here is a new testimonial from a client who purchased their first house in Norwalk earlier this month.  The house was located at 25 Bartlett Manor in Norwalk.

“There seemed to be no end to the efforts that Todd put forward into our home buying adventure. He was always on time, and extremely prompt with updates, phone calls, and emails. It was obvious to us from the start he was very genuine with his statements, and made it easy to see he loves what he does. I would recommend Todd and his services in heart beat. Two HUGE thumbs up!!! ”

– Cory Crochetiere, Norwalk

 

Here is the link to the blog post for that Norwalk home when it closed:  http://norwalkrealestatetodd.com/just-sold/sold-single-family-house-for-sale-in-norwalk

 

Here is the link to the Zillow.com page will the Zillow reviews: http://www.zillow.com/profile/Todd-Turcotte/Reviews/

Still not enough reviews for you?  Check out even more reviews on this website at:  http://norwalkrealestatetodd.com/testimonials

 

Here is a new testimonial from a client who sold their condo in Norwalk this summer.  The condo was located at 60 Rowayton Woods, Norwalk:

“Todd came to us and when we met him we felt he was sincere trustworthy and conscientious. Thankfully we entrusted him with the sale of our condo and he was simply amazing. He always responded to e mails and was hands on.”

– Michael & Emma, Norwalk

 

Here is the link to the blog post for that Norwalk condo when it closed:  http://norwalkrealestatetodd.com/just-sold/just-sold-norwalk-ct-condo

 

Here is the link to the Zillow.com page will the Zillow reviews: http://www.zillow.com/profile/Todd-Turcotte/Reviews/

Still not enough reviews for you?  Check out even more reviews on this website at:  http://norwalkrealestatetodd.com/testimonials

 

 

10 Wall St. # 302, an apartment rental in Norwalk, CT, was just listed for $1,395 / month.

This 1 BR is located in the historic Trolley Barn building in Norwalk.  The apartment features exposed brick and wooden beams that are original to the 1866 building.  The apartment features a vaulted ceiling, a huge walk in closet, and washer / dryer in unit.

Here are the remarks from the listing:

INCREDIBLE 1 BR IN HISTORIC TROLLEY BARN! – LARGE 1 BR W/ EXPOSED BRICK! – HUGE WALK IN CLOSET – W/D IN UNIT! – FULLY EQUIPPED KITCHEN WITH D/W – FOYER WITH INTERCOM – VIDEO SECURITY IN BLDG – GARBAGE CHUTE – HIGH-END RESTAURANT IN BLDG! – STREET PARKING OR OFF/ST PERMIT PARKING AVAILABLE THROUGH CITY OF NORWALK – WALK TO MULTIPLE DINING OPTIONS – NO PETS!!

For more information and pictures, check out the link to the listing by CLICKING HERE

 

Questions about this property or other rental apartments in Norwalk?  Email Todd at todd@milliganrealty.com

 

25 Bartlett Manor, a single family house for sale in Norwalk, CT, just sold for $292,500.

This 2 BR cape featued a sun room, 1 car garage, patio space, and a walk-up attic ready for future expansion.

 

Here are the remarks from the listing:

FANTASTIC OPPORTUNITY TO OWN IN WEST NORWALK ON THIS A CUL DE SAC. THIS CAPE HAS HUGE POTENTIAL W/2 BRS ON 1ST FLR AND FORMAL DR. COUNTRY KITCHEN W/HW FLRS THROUGHOUT. FULL BASEMENT THAT ENTERS TO YARD & GARAGE. FULL WALK UP ATTIC THAT’S WAITING FOR YOUR FINAL EXPANSION & TOUCHES. GREAT YARD & 1 CVAR GARAGE. ALL AT THE END OF THIS QUIET STREET.

To see the entire listing, including more pictures, CLICK HERE

 

Questions about this Norwalk home or other homes for sale in Norwalk, CT?  Email Todd at todd@milliganrealty.com