Modern Edge Realty
Home Builder in Stamford, CT
A short-sale can be an opportunity for buyers searching for a nice deal. Due to the recent changes in the real estate market, some home owners have become unable to pay their mortgage, which forces them to sell their home. However, home prices have fallen. This resulted in several of these home owners having a mortgage balance that is higher than what their real estate property is worth. If the home owner sells the real estate property for a fair market value, they would not be capable to pay their mortgage firm the full amount owed.
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Modern Edge Realty
read moreFounded in 2008, Modern Edge Realty is a boutique real estate company specializing in the marketing and sale of residential real estate in Fairfield County and New Haven County, CT. We are a full service broker with full-time Top REALTORS. Our business model is based on providing quality brokerage services at a low commission. Our success stems from the use of technology, innovative marketing tools and creative solutions. We offer clients a customized and personalized approach. Our low commission rate is a reflection of our operational efficiencies, our use of technology, and most importantly, our success rate.
Buy New Home in CT
read moreCheck your credit report and credit score. CT banks and mortgage companies will use this information to determine if you qualify for a home loan, and your interest rate. Home buyers should have enough funds for a down payment, from 10% to 20% is ideal. Home buyers should also have enough funds for closing costs, which could vary depending on your home loan type. Contact a bank or mortgage company to get pre-qualified for a home loan. This can be done over the phone or in person. They may perform a credit check, and ask basic financial questions.
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