Fair Haven (New Haven, CT)
By Julie Dumaine-Russell
(RE/MAX Alliance)
Living in Historic East Rock New Haven Connecticut One of the most desirable and prestigious areas to live in New Haven is the historic East Rock area.  This upscale neighborhood gets its name from nearby East Rock a New Haven landmark known for its summit overlooking the city of New Haven with spectacular views of New Haven and Long Island Sound.     The neighborhood of East Rock lies within three historic districts with the southerly parts of the neighborhood listed in the Upper State Street Historic District and the Orange Street Historic District. The western half lies within the Whitney Avenue Historic District. East Rock is know for its beautiful tree lined streets and architectural styles of Queen Anne, Tudor and Victorian homes. It also offers a variety of other housing opportun...
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Fairly simple and straight forward deal here.   Predictable FHA short sale, the 1st mortgage serviced by Webster bank and a small 2nd mortgage with CHFA serviced by the Connecticut housing investment fund (CHIF). We took a look at the comps, priced the property appropriately, and had a contract in 8 days. Webster bank was fantastic to work with.  Once I had the full short sale package in, an appraisal was immediately ordered and we had an approval letter in about 3.5 weeks!  CHIF, as usual was a model of efficiency and had an approval back in a matter of days.   The details:   Amount owed - $150,000   Sale price - $76,000   Closing costs allowed - $7,000   Net to lenders- $69,000   DEBT FORGIVEN - $81,000     Patrick Need to sell your home? Why settle for less than 5 stars? 2011 and 201...
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