 
ARE YOU RELOCATING TO LITCHFIELD COUNTY, THE NORTHWEST CORNER OF CT?
If you are considering moving to our area, spend a few minutes at our site.
Here you will find GREAT INFORMATION on so much the Northwest Corner of
CT has to offer.
Use our Local Information, Maps and Links and click on our town halls. These sites have wonderful information about each town. The CT links will provide you so much about our State Goverment and the services they provide.
If you are already in the process of moving here, look under Resources, Special Offers.
Here we provide you with a selection of local service providers from banks/mortgage companies, to attorneys to home inspectors. The list goes on.
Are you new to CT? Our Real Estate Laws may be different from the State you are moving from. Be sure to check out under Resources, CT RE Laws for Buyers and Sellers!
Still need more information, please fill in the form below. Ask us and we will work our hardest to find you the information you need.
In a hurry, then just give us a call. Jack and Jayne may be reached at 860-379-7613.
Financing Your Home >Assuming a Mortgage
You may be able to assume the seller's mortgage liability when buying a house instead of having to apply for a new loan.
Assuming a loan could minimize your down payment or closing costs and get you a more advantageous interest rate. To know whether an assumption will work, find out the loan balance. If the balance is a small fraction of the purchase price, you will have to come up with a large down payment or get a second loan for the difference, unless the seller is willing to provide some of the financing. If the loan balance is high, the loan may have been made when interest rates were higher than they are today.
Most newer loans that are assumable have adjustable rates. If you are considering an assumption because of credit problems, you will need the lender's approval to make the transaction work.
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| Q |
What area was designed to look like a 1940s southeastern town with traditional architecture?
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| A |
Disney's "Celebration" in Orlando, FL, will eventually have 8,000 houses and many commercial tourist attractions. |
 See More Real Estate Trivia > |
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- NUMBER1EXPERTS™ 
