16 River View Ave, Noank CT 06340 (e252898) My Listing

Posted by Tim Bray on April 1st, 2012

 

Click here to view a comprehensive 18 page marketing packet for this property.

Click here to view a recent appraisal of the property by a local reputable appraiser.

Click here to view a virtual tour of the property.

Noank - A boater’s paradise with four marinas and Boat Yards within a .8 mile radius, Noank may be one of the region’s best kept secrets. This quaint Sea fairing community is the embodiment of a Classic New England Fishing town with winding shoreline roads overlooking the picturesque sound. Abbott’s Lobster in the Rough and Costello’s Clam Shack attract both locals and vacationers. Art galleries, a small country store, and community play ground with basketball and tennis courts make this a community with large amounts of foot…

2816 Views, 0 Comments

The time to buy RIGHT is NOW in Stonington

Posted by Tim Bray on March 31st, 2012

Are you planning to purchase a home in Stonington in the next 6 months?  Did you know that there are currently 35 properties on the market in Stonington between $200,000-$300,000?

What if you could have inside information on the pricing for these 35 properties ?  How helpful would it be to know which of these 35 homes are priced well below their current market value? Don’t you think having access to this kind of information would help you to make the right decision about which properties to consider buying? 

I have developed a system that can give you access to just this type of insider information and, in the process, save you thousands of dollars by showing you which properties to avoid …the ones that can’t sell because they are overpriced.

…

1310 Views, 0 Comments

Closing - Beginning or End of the month.

Posted by Tim Bray on March 3rd, 2012

 

Closing ~ Beginning or End of the month

It is very important to be strategic when writing an offer so that your goals and objectives are defined and met. Work closely with a reputable local lender to determine your strengths and weaknesses as a buyer. Closing at the beginning or end of the month can have financial advantages and disadvantages.

First, you must understand that mortgage interest on your mortgage begins accruing on the date that you close on your property. The majority of mortgages are due on the first day of the month. At the closing table, you will pay (PITA) Principal, Interest, Taxes, and Insurance from the date of closing to the last day of the month. Please note that the majority of this payment goes towards the mortgage…

3276 Views, 0 Comments

Masons Island Properties

Posted by Tim Bray on February 23rd, 2012

Masons Island ~ A Beautiful Coastal Paradise

Masons Island is one of southeastern Connecticut’s premier coastal communities that is located in Stonington, adjacent to downtown Mystic. Masons Island servers as a natural barrier between the Mystic River and Fishers Island Sound and is approximately 1.2 miles in length from North to South and .8 miles in width from East to West making it the largest island in the state. Its central location, equidistant from New York and Boston, offers visitors and residents a lifestyle like no other on the New England coast.

View up to the minute list of all available properties on Masons Island.

Masons Islands landscape is exquisite, diverse, and one with nature; offering sweeping views of two great…

2694 Views, 1 Comments

Portions of the Commercial Sector Are Looking Up. (Written January 7th, 2010)

Posted by Tim Bray on November 16th, 2011

5 years ago most real estate markets were thriving....all except for one. The commercial multi-family marketplace was taking a major hit. After all, anyone with a pulse could get a loan and purchase a single family home as opposed to renting. Vacancies were at an all-time high and many commercial apartment brokers were forced out of the market.

The recent paradigm shift has created huge opportunities for those who stayed in this segment of the market. As a potential homeowner it is now very difficult to get a loan. People who previously possessed good credit and owned huge homes are now forced to rent due to the loss of an income.

Commercial lenders have closed their wallets, put their feet on their desks, and are playing the waiting game. The…

1248 Views, 0 Comments

Bright Spots Appear in A Gloomy Economy (Written on April 29th, 2010)

Posted by Tim Bray on November 16th, 2011

 

While the economy in Mystic Country slowly recovers from this economic
debacle, we look to each other for signs of improvement. We often ask our sphere
of influence how business is going and believe that the answer will somehow act
as a road sign for what is to come or a litmus test of our own present success
level. For some reason there are always a few individuals in each trade who
consistently remain busy and the work continues to flow to them like a river to
the sea.   I pride myself in working with the best business people in our region.
These individuals have not only mastered their craft but they uphold a moral
code and desire to do what is right. Have you ever worked with someone who took
pride and ownership in their trade? A…

1822 Views, 0 Comments

High Hopes For the Mystic Country Economy (Written April 29th,2010)

Posted by Tim Bray on November 16th, 2011

A recent article in The Day News Paper quoted an economist as says, “Connecticut housing has become
more affordable relative to residents' income, declining from a high of 5.4
times income to a current level of 4.2 times income - still about a point
higher than the national average.”

This was a great article and I think that it deserves a look. Click here
to view the article. We feel that the Mystic Country portion of CT is extremely
unique and must be analyzed independently form the remainder of the state.

Homes selling at 4.2 times income levels are not necessarily a great thing. If
we take a look at the Case-Schiller Index which states that equilibrium in a
perfect world is 3 times household income then we still have a long way to go.
Those figures become much…

1623 Views, 0 Comments