Listing Details: Fairfield, Westport, and Weston, Connecticut Real Estate Listings & Homes For Sale Provided by Melanie Smith

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These properties presented by Melanie Smith of Prudential Connecticut Realty Southport
Building a Lifestyle...specializing in Southport, Fairfield, Westport, Weston and Easton

Email: melaniesmith@NUMBER1EXPERT.com
Phone: 203-319-3403
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Exclusive Listing - Southport Land Opportunity

$2,950,000

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Address: 910 Harbor Road	City/ST: Southport, CT	Zip Code: 06890
Location: Harbor Road, Southport	Property Type: Single Family Home	New or Resale: Resale
MLS# 98450195	Property Tax: 28920

Last Updated: 8/2/2010 9:35:01 AM

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Financing Your Home >Finicky Financiers

Buying an old house to fix up has an attraction for many people. If you can find a house with charm and character, a renovation may enable you to create just the living environment that you want. You should start with a good real estate agent to help you locate the right house and recommend lenders who make both acquisition and construction loans.

Financing a renovation is perhaps the most difficult part of the whole project, especially if the house needs extensive work. Few banks will make these loans to people who are not professional developers. You should prepare for your loan application by having a written proposal. It helps to have an engineer's report or architectural plans and to include estimates from contractors covering the costs and timetables for the work to be done. Your real estate agent can help you put together a market analysis of the neighborhood to show that you will not be over-improving the property compared with other homes in the area.

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Q	What has a tremendous impact on the U.S. economy, comprising between $10-$15 trillion of the nation's wealth?
A	Real Estate--it goes through cycles, but still has a long-term record of strong investment return.
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Melanie Smith, REALTOR�, real estate agent and broker for Fairfield, Westport, and Weston, Connecticut home listings, property and land for sale - NUMBER1EXPERT

Melanie Smith
Prudential Connecticut Realty
PO Box 532; 411 Pequot Avenue
Southport, CT 06890
203-319-3403
Fax: 203-255-2330
Voice Mail: 203-429-1714
Melaniesmith@prudentialct.com
melaniesmith@NUMBER1EXPERT.com
Melanie Smith, ABR, ABRM, CRB, CRS, GRI has been the top producer in her area since 1980, currently in the top 1% in the nation. Assertive representation, confidentiality and professional service to buyers and sellers. Prudential Connecticut Realty is an independently owned and operated member of The Prudential Real Estate Affiliates Inc., and Prudential is a service mark of The Prudential Insurance Company of America.