BZ Featured House
LITCHFIELD: 1740 Colonial set on 46+/- beautiful acres. Formal living room with FP leads to bright, heated solarium. Formal dining room with fireplace and beehive oven. Spacious first floor bedroom plus 3 additional bedrooms and 3 baths. Country kitchen. 3 bay garage with radiant heat in the floor, water & pull down stairs to attic storage and cedar closet. Barn with 2 horse stalls, tack room, 1000 gallon cistern water system and 3 car bays. 100' x 50' outdoor riding ring with sand base. Lovely gardens, level and sloping mostly open land. Offered at $1,600,000. Listed by Palmer Marrin, Broker Associate/Owner.
Palmer Marrin, Realtor
Office 860 567 4551, ext. 108
Mobile 860 485 4466
palmer@marrinsantore.com
Litchfield Housing Trust
The Litchfield Housing Trust has an affordable house for sale in Borough of Litchfield for $127,5000. This is available only to people who meet the income requirements. The gross family income needs to be at or below 80% of the median family income for the area.
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Contact:
Bob Berson
Administrator, Litchfield Housing Trust
Box 1121, Litchfield, CT 06759-1121
860-567-4465
bberson@optonline.net
http:.//www.LitchfieldHousingTrust.org
Rent Security Program
Litchfield County Board of REALTORS, Inc.
Affordable Housing Committee
Litchfield County Board of REALTORS®, Inc., Affordable Housing Committee developed a Rent Security Program designed to assist local organizations in providing security deposits for low income recipients.
This program provides a one time gift of $2000.00 to four local organizations, on a revolving basis starting in 2006, for the purpose of providing one or more of their clients with a “rent security deposit”.
The program’s selected organizations agreed to distribute the funds based on the following criteria: recipient has the need; lease is for a minimum of 1 year; Lessor, Lessee and organization is made aware of laws pertaining to security deposits and an agreement between Litchfield County Board of REALTORS®, Inc. and the agency will be provided.
Maria Bonetti, LCBR President and Affordable Housing Committee Chair presented this year’s recipient, FISH, with a check for $2000.00 on January 28, 2010.
L to R: Richard Weigold, Affordable Housing Committee Member; Nancy Schroeder Perez, Affordable Housing Committee Member; Kevin Purcell, FISH Interim Executive Director; Maria Bonetti, LCBR President, Affordable Housing Committee Ch.;
Respectfully Submitted,
Marilyn Relva-Papcun, Executive Officer
Litchfield County Board of REALTORS®, Inc.
860-482-9816
LIVING GREEN HOME SHOW
MAY 1, 2010
TORRINGTON ARMORY
In response to the growing interest and awareness in “green building,” the Green Committee of the Litchfield County Board of REALTORS®, Inc., in conjunction with the Home Builders Association of Northwest Connecticut will be hosting an event on May 1, 2010 at the Armory in Torrington to promote local businesses and educate attendees about green building products and services that are available within the community.
Companies who have products and services are invited to purchase an exhibitor booth in the “Living Green” Home Show. Don’t miss this opportunity to introduce your company and its “green” products and services to Northwest Connecticut. Booth pricing is dependent upon the submission date of your application and check; please register as soon a possible!
Please visit www.livinggreenhomeshow.com or contact Nancy Schroeder Perez, Green Committee Chair at 860-618-1013 or Alison Lundie, Green Committee Member at 203-948-2856 for enrollment information.
REAL ESTATE BROKER/SALESPERSON CONTINUING EDUCATION COURSES
Litchfield County Board of REALTORS®, Inc. in partnership with The CE Shop offers several online three-hour continuing education modules for 2010 Connecticut salesperson or broker real estate license renewal, these courses do not apply for appraiser license renewal.
These courses are open to all persons with a Connecticut salesperson or broker real estate license.
Our selection of online courses include twelve electives, such as, Foreclosures Demystified, Going Green: The Environmental Movement in Real Estate, Real Estate Appraisal for Agents, etc., as well as, both of the mandatory courses, CT Buyer Agency: Mandatory Course for 2010 Cycle and CT Disclosure, RESPA, and Law Update: Mandatory Course for 2010 Cycle.
For more information, including pricing, and/or to register please visit http://www.litchfieldboard.com and click the Approved Online Continuing Education icon on the right hand side of the page.
If you are unable to access our website or have questions, please contact our office at 860-482-9816.
Respectfully submitted by,
Marilyn Relva-Papcun, Executive Officer
Litchfield County Board of REALTORS®, Inc.
(860) 482-9816
REALTORS® Win Push for Home Buyer Tax Credit Extension
Home buyers across the country are celebrating Congress’ decision to extend the $8,000 first-time home buyer tax credit through April 30. Adding to the good news, the credit has also been expanded to include a $6,500 credit for current homeowners, provided they have lived in the home they’re selling for five consecutive years of the past eight years. If they have a binding contract on or before that date, they will have until through June 30 to close the transaction. Litchfield County Board of REALTORS®, Inc. praised the decision as the right measure to encourage continued economic stabilization.
“As leading advocates for housing and real estate issues, REALTORS® understand that while present home sales have been rising recently, they are far from normal and well below the activity of the pre-bubble years,” Debra Stewart, President said. “The tax credit should continue to reduce inventory to acceptable levels.”
Income limits for eligible home buyers have also been expanded. Single buyers with an income of up to $125,000 qualify, as do married couples with a combined income of up to $225,000. However, the purchase price of the home cannot exceed $800,000. In addition, buyers are required to attach documentation of their purchase to their tax return.
According to data from the National Association of REALTORS® and the Internal Revenue Service, the tax credit is working very well. NAR economists estimate it has contributed approximately $22 billion to the general economy and more expect more than 2.3 million first time buyers to take advantage this year. Each home purchase generates about $63,000, the equivalent of about one new job.
Economists also attribute the tax credit to the significant upsurge in first-time buyers this year. The NAR 2009 Profile of Home Buyers and Sellers reports first-time home buyers reached the highest market share on record over the past year. Entry-level buyers accounted for 47 percent of all home sales, up from 41 percent of transactions in last year’s study. Stewart says first-time buyers are playing a major role in ensuring a real estate and economic recovery.
“First-time buyers are taking advantage of the once-in-a-lifetime opportunities in the current market, investing in their future through homeownership.” She said. “These investments are in turn reducing housing inventory and helping to stabilize home prices, which is good for the future of our entire economy.”
To locate a REALTOR® in Litchfield County please visit www.litchfieldboard.com
Marilyn Relva-Papcun, Executive Officer
Litchfield County Board of REALTORS®, Inc.
(860) 482-9816
Home Show to Focus on “Living Green”
“Living Green” has become the direction for a large number of Homeowners, Home Builders, and Environmentalists.
To some, “Green” means conserving the planet by a judicious use of our resources, to others, “Green” means saving Money by using Energy efficient devices, insulating the home to prevent loss of heat or cooling and installing devices that reduce the use of water.
To Home Builders, “Green” means not only the positive environmental impact but also for its economic impact as Green buildings are increasingly making money for the builders and saving money for the homeowners.
Green Materials are evolving. In 2008 the materials were light bulbs, tile and flooring. In 2009 the attention will be on energy efficient HVAC, Energy- efficient doors and windows and appliances As well as the use of “bi-composite” materials such as plastic made from corn.
Government incentives will also fuel the demand for green building processes. In fact, Congress included in its $787 Billion American Recovery and Re-Investment Act- passed into law in February 2009- several provisions that are likely to shape green building in the next coming years, including loan guarantees for renewable energy projects, as well as tax credits for homeowners who add energy – efficient windows, furnaces and air conditioners to their homes.
CONFUSED…….About what is “GREEN”
The Litchfield County Board of REALTORS®, Inc and The Home Builders Association of Northwest Connecticut will be Hosting a “LIVING GREEN Home Show” on May 1st, 2010 from 10:00AM to 4:00 PM at the Torrington Armory, 153 Main Street, Torrington…
The Event will feature over 50 Area and National Companies that offer Green Products and Services, such as:
Energy Saving Products
Eco-Friendly products for the Lawn and Garden
Bi-composite Materials
Presentations will be scheduled throughout the day on various topics, such as:
Eco-Friendly Remodeling
Solar Power Heating Systems
Environmental Friendly Gardening
Be a Greener Cleaner
Build a pest management System
Eco-Friendly Pest Control
Water Conservation Techniques
Government Incentives for Green Products
Companies who have products and services are invited to participate in the “Living Green” Home Show. Please visit www.livinggreenhomeshow.com or contact Nancy Schroeder Perez, Green Committee Chair at 860-618-1013 or Alison Lundie, Green Committee Member at 203-948-2856 for enrollment information.
Respectfully Submitted,
Marilyn
Marilyn Relva-Papcun, Executive Officer
Litchfield County Board of REALTORS®, Inc.
860-482-9816
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