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Yes, we offer neighborhood guides and information for many of the areas where properties are listed. You can find valuable insights about local amenities, schools, transportation options, and more to help you make informed decisions about your property search.

HOW DO I DETERMINE THE FAIR MARKET VALUE OF A PROPERTY?

Determining the fair market value of a property involves factors such as recent comparable sales in the area, current market conditions, the property's condition and features, and any unique characteristics that may affect its value. You can also consult with a real estate agent or appraiser for professional guidance.

WHAT SHOULD I DO IF I'M INTERESTED IN A PROPERTY, BUT IT'S LISTED AS UNDER CONTRACT OR PENDING?

If a property is listed as "under contract" or "pending," it means that an offer has been accepted by the seller, but the sale has not yet been finalized. You can still express your interest in the property and may have the opportunity to submit a backup offer in case the current deal falls through. Additionally, you can keep an eye on the listing status for any updates or changes.

AS A FIRST-TIME BUYER, WHAT STEPS SHOULD I TAKE BEFORE STARTING MY HOME SEARCH?

Before starting your home search, it's important to assess your financial situation, determine your budget, and get pre-approved for a mortgage. You should also research neighborhoods, consider your long-term housing needs, and familiarize yourself with the homebuying process. We are here to help you with all of these steps.

WHAT ARE THE ADVANTAGES OF GETTING PRE-APPROVED FOR A MORTGAGE?

Getting pre-approved for a mortgage gives you a clear understanding of how much you can afford to borrow, which helps you narrow down your home search to properties within your budget. It also demonstrates to sellers that you are a serious buyer, potentially giving you an advantage in competitive markets.

WHAT TYPE OF MORTGAGE IS BEST FOR FIRST-TIME BUYERS?

The best type of mortgage for first-time buyers depends on factors such as your financial situation, credit score, and long-term plans. Popular options for first-time buyers include FHA loans, which offer low down payment requirements, and conventional loans with fixed interest rates.

WHAT GOVERNMENT PROGRAMS OR INCENTIVES ARE AVAILABLE FOR FIRST-TIME BUYERS?

There are several government programs and incentives available for first-time homebuyers, including FHA loans, VA loans for eligible military members and veterans, USDA loans for rural homebuyers, and first-time homebuyer assistance programs offered by state and local governments. Other first-time buyer programs offer assistance or grants for down payment and closing costs assistance.

WHAT SHOULD I PRIORITIZE WHEN VIEWING POTENTIAL PROPERTIES AS A FIRST-TIME BUYER?

When viewing properties as a first-time buyer, it's important to prioritize factors such as location, affordability, size, layout, condition, and potential for future appreciation. You should also consider factors that may affect your quality of life, such as proximity to schools, parks, and amenities.

DO I NEED A REAL ESTATE AGENT AS A FIRST-TIME BUYER?

While it's possible to buy a home without a real estate agent, having an experienced agent on your side can provide valuable guidance and support throughout the homebuying process. A real estate agent can help you navigate negotiations, paperwork, and potential pitfalls, saving you time and stress.

20 Thompson Rd #A | Manchester, 06040

Name: Rainbowrealtyct
Address: 175 CAPITAL BLVD SUITE 402 ROCKY HILL CT 06067, ROCKY HILL, CT, 06067, US
Telephone: (860) 819-8372

This beautiful well kept condo has a great deal of potential! Rather you're looking for a starter home or an investment property this unit has everything you need! The moment you walk into the unit you immediately access a very spacious living room, that includes lots of natural lighting from the window. Adjoining the living room is a dining area. Making this an ideal for entertaining guests. Moving from the beautiful dining area, you can access the kitchen. With gorgeous white cabinets and white appliances this kitchen is perfect for someone looking to move in right away with minimal updating. This condo also features a total of 2 bedrooms and 1.5 bathrooms. The master bedroom is quite spacious with a very huge walk in closet, as well as an half of bath. The second bedroom is perfect for an at home office or to just be simply used as another bedroom depending on your needs. This bedroom features a very nice sized closet. The second bathroom which is a full bathroom is located in the hallway across from the second bedroom. This condo is centrally located making running errands, dining out and grocery shopping a breeze.

2
beds

2
baths

952 Sq.Ft. LIVING AREA

Katrina Pratt

title Broker | Owner
PHONE (860) 819-8372
EMAIL [email protected]
DRE # REB 657224

Features & Amenities

Interior

total bedrooms2
Total bathrooms2
full bathroom1
half bathroom1
Laundry room In Basement
APPLIANCES Dishwasher, Electric Range, Refrigerator, Electric Water Heater

Area & Lot

Status Sold
Living Area952 Sq.Ft.
MLS® ID170510894
TypeCondo
YEAR BUILT1969
NeighborhoodBloomfield
Architecture StylesApartment
Elementary SchoolVerplanck
Middle SchoolManchester
High SchoolManchester

Exterior

water SourcePublic
parkingOff Street, On Street
HEAT TYPEElectric, Baseboard
AIR CONDITIONINGCeiling Fan(s), Window Unit(s)
sewerPublic Sewer

Financial

Sales Price$105,000
Real Estate Tax $1,665/yr
HOA $425/mo
Zoning RB

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We are dedicated to high integrity, transparency, and building long-lasting relationships. We strives to be the trusted partner for all real estate needs, making a positive impact on the lives we touch and the communities we serve.

Contact Details

RAINBOW REALTY GROUP

Phone

(860) 819-8372

[email protected]

Address

175 Capital Blvd Suite 402 Rocky Hill CT 06067

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20 Thompson Road Unit: A

$105,000

Katrina Pratt

Features & Amenities

Interior

Area & Lot

Exterior

Financial

Bloomfield

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