Stamford Advocate Real Estate Section September 18, 2015 : Page 3

Friday, September 18, 2015 | The Advocate | D3 REAL ESTATE WHAT YOU CAN BUY The Advocate and SM Services, a content provider, search the area to find what buyers can get for their money. This week, What You Can Buy features homes in the $1.295 million range. Upscale value/$1.295 million Address: 248 W Norwalk Road, Norwalk Beds: 4 Baths: 4 Square footage: 5,172 Backyard paradise/$1.295 million 15 Newtown Turnpike, Westport Beds: 5 Baths: 4 Square footage: 2,586 This spacious colonial was custom built by the current own-er in 2008 on a 5.09-acre parcel looking over the Goodwives Riv-er. Despite its square footage it is an energy-efficient house requir-ing minimal upkeep. There are spacious rooms and generous walls for art displays. The house features a cook’s kitchen with three sinks, sizable butler’s pan-try for easy food prep and enter-taining, and balcony. Unique features include a mural on the formal dining room wall, archi-tecturally dramatic beams on the family room ceiling, and a large “out of a magazine” wine cellar. Upscale living at a value price only minutes from Darien and New Canaan. Halstead Property This nine-room colonial house was built in 1968 on a 2.18-acre, level property that includes man-icured gardens with stone walls, a flagstone walkway and patio, views of a pond and fountain, a bocce court, and invisible pet fencing. The house was complete-ly updated and outfitted with crown molding and hardwood floors throughout. There are two fireplaces, one of which is a red brick floor-to-ceiling fireplace in the family room, which also has a wet bar. Sliding doors in the din-ing room lead to an all-season sun room. Among its energy features are ceiling fans, ridge vents, storm windows and doors, and Thermopane windows. William Raveis Real Estate Listing agent: Mary Lopiano, Halstead Property, (203) 912-4694, mlopiano@halstead.com Listing agent: Carole Hendrickson, William Raveis Real Estate, (203) 856-1920, Car-ole.Hendrickson@Raveis.com SOUND OFF Linda Skolnick What strategies can a home buyer employ to get their offer accepted? W hen you’re vying for a hot property, the com-petition can be fierce. You need to make your offer stand out from your compet-itors’ offers. To increase the likelihood that a seller accepts your offer, consider adopting one or more of these strategies: 1 Price: Obviously, price tends to be the primary consideration for sellers. When you’re com-peting for a home, to get an edge, think about adding a clause stating that you will beat the highest offer by “x” dollars up to “x” amount. Cash offers can be more attractive to sellers as well. Although sellers will don’t require lender approval. 1 Financing: It’s not enough to receive their money at closing whether buyers pay with cash or take out a loan, cash offers be pre-qualified. Pre-qualifica-tion only tells how much you can afford. Pre-approval goes a step further. Your lender will thoroughly evaluate your appli-cation — including verifying employment information and financial disposition — then clear you for a loan of a deter-mined amount. Having your loan pre-approved gives you a sizeable advantage by putting you on equal footing with cash buyers. 1 Good faith deposit: Buyers offering a larger-than-custom-ary amount of “earnest money,” a deposit that accompanies an offer, may get a seller’s atten-tion. By committing more mon-ey up front, buyers demonstrate greater sincerity and motivation to close the transaction. Your real estate professional can guide you as to the appropriate sum for your specific trans-action. 1 Contingencies: Consider mini-mizing contingencies, those clauses that allow buyers to back out of a contract if certain conditions are not met. For example, it’s common for buyers to make the purchase contingent upon their securing satisfactory financing. Obviously, offers with the fewest conditions tend to be more attractive to sellers. Naturally, sellers would like to receive top dollar for their home, but remember, they also want an easy, trouble-free trans-action. Thus, as a rule, the few-er the contingencies and the greater the commitment, the more attractive your offer may look. Trust your real estate pro-fessional. He or she deals with this all the time, and doesn’t have emotions attached to cloud their perspective. Linda Skolnick, Coldwell Banker Residential Brokerage, (203) 246-0088, linda@goasklinda.com AFFORDABLE RENTAL OPPORTUNITY SOUTHWOOD SQUARE APARTMENTS Will be accepting applications as we will re-open Our 1,2,3 & 4 bedroom public housing waitlist. To qualify for these waitlists, income limits apply. All applicants will be screened for eligibility. Use & Occupancy Restrictions Apply Household Size 1 Person Household 2 Person Household 3 Person Household 4 Person Household 5 Person Household How to Get an Application: Applications will be available beginning October 1, 2015 at 9:00 am Applications can be picked up in person, emailed, faxed or US Mail from the Southwood Square Leasing Office: 14 Southwood Drive, Stamford, CT 06902 Applications can BE POST MARKED, EMAILED, FAXED OR DELIVERED IN PERSON The placement of your application on the waiting list will be decided by the time and date they were received at the Southwood Square Leasing Center. 25% AMI $22,475 $25,700 $28,900 $32,100 $34,676 50% AMI $44,950 $51,400 $57,800 $64,200 $69,360 60% AMI $53,940 $61,680 $69,360 $77,040 $83,220 O PEN H OUSE S UNDAY 1:00 -3:00PM 90 W OODBROOK D RIVE , S TAMFORD Great value in wonderfully convenient and highly desirable neigh-borhood. Spacious 5 bedroom w/ a beautiful yard that is level and private. Lovely eat-in kitchen w/sliders that lead to an incredible deck which over looks the well landscaped property (1.15 acres). You will love the convenience and privacy of this location. J UST L ISTED $750,000 MLS#94509 Pam Cunconan 203.550.4282 "Sought After" multi-million dollar location. Charming 4 bedroom home updated in 2015. Living room cathedral ceiling and fire-place leads to a stone patio overlooking private 2 level acres with matured landscaping and tennis court. Great for relaxation and for all year round entertaining. J UST L ISTED $899,000 MLS#99118589 O PEN H OUSE S UNDAY 2:00 -5:00 PM 145 N ORTH L AKE D RIVE , S TAMFORD Jennifer Ho 203.536.2628 or Gloria Chin-Besthoff 203.249.8466 For more info or reasonable accommodations, call 203-964-4700, TTY 711 A BEACON rental community 189 -191 Mason Street | Greenwich, CT 06830 | 203.661.9200 278 Sound Beach Avenue | Old Greenwich, CT 06870 | 203.637.1300 ColdwellBankerHomes.com ColdwellBankerPreviews.com ©2015 Coldwell Banker Residential Brokerage. All Rights Reserved. Coldwell Banker Residential Brokerage fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Operated by a subsidiary of NRT LLC. Coldwell Banker, the Coldwell Banker Logo, Coldwell Banker Previews International, the Coldwell Banker Previews International logo and “Dedicated to Luxury Real Estate” are registered and unregistered service marks owned by Coldwell Banker Real Estate LLC. Featured Listings OPEN HOUSE SUNDAY, SEPTEMBER 20 TH , 2015 • 1:00pm-3:00pm 301 OLD OAKS ROAD, FAIRFIELD, CT • $695,000 EXCLUSIVE BROOKLAWN COUNTRY CLUB NEIGHBORHOOD! Spacious 3000+ sq. Ft., 4 Br, 2.5 Bath colonial has been well cared for inside & out! Fml lr w/ fplc. Fml dr w/french doors to heated sunrm. Eik w/newer ss applcs. Charming den. Upstairs boasts 4 bdrm’s incl. Oversized mbr ste w/dressing rm & full bath + spacious guest bedroom. Htd lower level. Recent improvements incl. Newer roof, furnace & oil tank, h/w htr. Much more! Don’t miss this gem! Directions: Rte 59 to Algonquin to Old Oaks Road. OPEN HOUSE SUNDAY, SEPTEMBER 20 TH , 2015 • 1:00pm-3:00pm 53 REDSPIRE COURT, UNIT 53, TRUmbUll, CT • $319,900 ADULTCOMMUNITY -Premierlocation in prestigious Hawthorne Ridge, 55 & over. Lovely 2 BR, 2.5 Bath Townhouse-style homewith1stfloorMasterSuiteand Laundry. Spacious kitchen, private deck, upstairs 2nd bedroom suite with fullbathandlargeloftareaidealfor denorofficespace.Hugeunfinished walk-out basement, hardwood floors, C/A, plus 1 car attached garage. A rare opportunity for this location and price! Directions: Reservoir Ave. to Hawthorne Ridge. HOSTED BY DANIELLE SMITH (203) 209-9710 (203) 209-8675 bobbi.loughran@raveis.com Call Bobbi for more information: (203) 209-8675

What You Can Buy

The Advocate and SM Services, a content provider, search the area to find what buyers can get for their money. This week, What You Can Buy features homes in the $1.295 million range.

Upscale value/$1.295 million

Address: 248 W Norwalk Road, Norwalk
Beds: 4 Baths: 4 Square footage: 5,172

This spacious colonial was custom built by the current owner in 2008 on a 5.09-acre parcel looking over the Goodwives River. Despite its square footage it is an energy-efficient house requiring minimal upkeep. There are spacious rooms and generous walls for art displays. The house features a cook’s kitchen with three sinks, sizable butler’s pantry for easy food prep and entertaining, and balcony. Unique features include a mural on the formal dining room wall, architecturally dramatic beams on the family room ceiling, and a large “out of a magazine” wine cellar. Upscale living at a value price only minutes from Darien and New Canaan.

Listing agent: Mary Lopiano, Halstead Property, (203) 912-4694, mlopiano@halstead.com

Backyard paradise/$1.295 million

15 Newtown Turnpike, Westport
Beds: 5 Baths: 4 Square footage: 2,586

This nine-room colonial house was built in 1968 on a 2.18-acre, level property that includes manicured gardens with stone walls, a flagstone walkway and patio, views of a pond and fountain, a bocce court, and invisible pet fencing. The house was completely updated and outfitted with crown molding and hardwood floors throughout. There are two fireplaces, one of which is a red brick floor-to-ceiling fireplace in the family room, which also has a wet bar. Sliding doors in the dining room lead to an all-season sun room. Among its energy features are ceiling fans, ridge vents, storm windows and doors, and Thermopane windows.

Listing agent: Carole Hendrickson, William Raveis Real Estate, (203) 856-1920, Carole.Hendrickson@Raveis.com

Read the full article at http://digitalpub.hearstdirectpublishing.com/article/What+You+Can+Buy/2272328/273308/article.html.

What Strategies Can A Home Buyer Employ To Get Their Offer Accepted?

Linda Skolnick

When you’re vying for a hot property, the competition can be fierce. You need to make your offer stand out from your competitors’ offers. To increase the likelihood that a seller accepts your offer, consider adopting one or more of these strategies:

Price: Obviously, price tends to be the primary consideration for sellers. When you’re competing for a home, to get an edge, think about adding a clause stating that you will beat the highest offer by “x” dollars up to “x” amount. Cash offers can be more attractive to sellers as well. Although sellers will receive their money at closing whether buyers pay with cash or take out a loan, cash offers don’t require lender approval.

Financing: It’s not enough to be pre-qualified. Pre-qualification only tells how much you can afford. Pre-approval goes a step further. Your lender will thoroughly evaluate your application — including verifying employment information and financial disposition — then clear you for a loan of a determined amount. Having your loan pre-approved gives you a sizeable advantage by putting you on equal footing with cash buyers.

Good faith deposit: Buyers offering a larger-than-customary amount of “earnest money,” a deposit that accompanies an offer, may get a seller’s attention. By committing more money up front, buyers demonstrate greater sincerity and motivation to close the transaction. Your real estate professional can guide you as to the appropriate sum for your specific transaction.

Contingencies: Consider minimizing contingencies, those clauses that allow buyers to back out of a contract if certain conditions are not met. For example, it’s common for buyers to make the purchase contingent upon their securing satisfactory financing. Obviously, offers with the fewest conditions tend to be more attractive to sellers.

Naturally, sellers would like to receive top dollar for their home, but remember, they also want an easy, trouble-free transaction. Thus, as a rule, the fewer the contingencies and the greater the commitment, the more attractive your offer may look. Trust your real estate professional. He or she deals with this all the time, and doesn’t have emotions attached to cloud their perspective.

Linda Skolnick,
Coldwell Banker Residential Brokerage, (203) 246-0088,
linda@goasklinda.com

Read the full article at http://digitalpub.hearstdirectpublishing.com/article/What+Strategies+Can+A+Home+Buyer+Employ+To+Get+Their+Offer+Accepted%3F/2272342/273308/article.html.

Coldwell Banker Residential Brokerage

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