Bill Mamak's Blog

Posted on 12/11/2020
Pros and Cons of Balloon Mortgages
Image by Jojje from Shutterstock Many people own homes through a mortgage agreement. Traditional mortgages are primarily fully amortized or gradually paid off with regular payments over the lifetime of the loan. Each payment contributes to both the principal and the interest. A balloon mortgage is a short-term home loan with fixed-rate monthly payments that only take care...
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Posted on 12/04/2020
Questions to Consider Before You Attend a Home Showing
A home showing represents a valuable opportunity for a property buyer. However, there may be instances in which a buyer is unsure about whether to attend a house showing. Lucky for you, we're here to help you weigh the pros and cons of scheduling a home showing. Now, let's take a look at three questions to consider before you...
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Posted on 11/27/2020
Are You Prepared to Buy a Home?
Purchasing a home is a life-changing decision, and as such, should not be taken lightly. Fortunately, there are lots of things you can do to prepare for the homebuying journey, such as: 1. Determine Where You Want to Live There is no shortage of high-quality houses available across the United States. Now, you just need to determine where you...
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Posted on 11/20/2020
Sources of Funding for Home Buyers
Photo by TheDigitalWay via Pixabay Looking to buy your first home? Unless you have a couple hundred thousand in the bank, a rich family member or a winning lottery ticket, you’re going to have to borrow money. TV ads suggest it’s as easy as clicking your phone, and in some cases it might be, but you should know...
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Posted on 11/13/2020
Tips for Home Sellers
Image by Mohamed Hassan from Pixabay When it’s time to sell your home, it’s important to make sure it’s done right. Certain selling mistakes could lead to less money for your home than you wanted or other problems that make this process more complicated than it needs to be. Before you put your home on the market, keep...
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Posted on 12/16/2020
Another Property Sold - 895 Chapel Road, South Windsor, CT 06074
This 2004 contemporary colonial is spacious with an open floor plan. The extra large kitchen and Den make for easy entertaining of family and friends. This property has 9 foot ceilings throughout with bright sunny windows so airy and comfortable. The huge bonus room over the garage can be a bedroom, movie theater room, recreational room as you see fit. Please ware a mask and gloves for all...
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Posted on 12/16/2020
Another Property Sold - 11 Sidney Way, Simsbury, CT 06070
Coveted Sidney Way cul-de-sac location! Spectacular newer sun-filled Colonial with open floor plan and beautifully finished lower level. Spacious eat-in kitchen with new appliances (2019), large island, & pantry. Kitchen opens to family room with beautiful stone fireplace and sliders to deck overlooking backyard. Formal dining room with wainscoting, crown molding, and French doors. First floor office/homeschooling space with French doors. Beautiful and recently refinished hardwood throughout main floor. Upstairs offers a spacious master with luxurious remodeled bathroom, large walk-in-closet and 2nd smaller closet. Three additional...
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Posted on 12/03/2020
Another Property Rented - 62 Ambassador Drive #B, Manchester, CT 06042
Spacious 3 bedroom townhouse condo with 2 full baths and one half bath. 1464 sq feet of living space plus additional finished space on lower level. Stainless steel appliances and new granite counters in the kitchen. Dining area with access to back patio area. Master bathroom. Everything in this unit has been updated and is move in ready. For additional living space there is a large family room on the lower level. Laundry on lower level. Unit comes with one covered parking space and locked storage area. Additional parking available. This home is located in the Northfield Condo complex. The park like grounds include a club house, gated...
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Posted on 12/03/2020
Another Property Rented - 62 Ambassador Drive #B, Manchester, CT 06042
Spacious 3 bedroom townhouse condo with 2 full baths and one half bath. 1464 sq feet of living space plus additional finished space on lower level. Stainless steel appliances and new granite counters in the kitchen. Dining area with access to back patio area. Master bathroom. Everything in this unit has been updated and is move in ready. For additional living space there is a large family room on the lower level. Laundry on lower level. Unit comes with one covered parking space and locked storage area. Additional parking available. This home is located in the Northfield Condo complex. The park like grounds include a club house, gated...
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Posted on 11/23/2020
Another Property Sold - 35 Copper Beech Lane #35, Portland, CT 06480
Welcome Home! Meticulously maintained 3 bedroom, 2 1/2 bath single family detached Townhouse is nestled away in the heart of Portland. Entry on the main floor boasts an open floor plan consisting of dining room, living room, half bathroom, breakfast bar and a renovated kitchen with island. The upper level has a spacious Master Suite with full bath and walk-in closet, plus 2 bedrooms, a full bathroom, and enclosed laundry room. Fresh paint and new flooring throughout both levels makes this unit gleam. There is also plenty of natural light radiating in. Pack your bags and move right...
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Posted on 11/21/2020
256 Scott Drive, Manchester, CT 06042 now has a new price of $235,000!
SOLIDLY BUILT RAISED RANCH IN SOUGHT AFTER AREA... NEWER WINDOWS. HARDWOOD FLOORS UNDER CARPET. WIDE HALL WAY. BRING YOUR FRESH IDEAS -PRICE REFLECTS THE NEED OF UPDATING & TLC ... THERE ARE ENDLESS POSSIBILITIES TO MAKE IT INTO A FABULOUS HOME. 3 BEDROOMS -3BATHS. POSSIBLE INLAW AT LOWER LEVEL-EXTRA WIDE DRIVEWAY- CORNER LOT WITH PRIVACY LANDSCAPE HEDGES SOLD AS IS. MULTIPLE OFFER SITUATION- PLEASE USE GHAR CONTRACT- HIGHEST AND...
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Posted on 11/16/2020
256 Scott Drive, Manchester, CT 06042 is now new to the market!
SOLIDLY BUILT RAISED RANCH IN SOUGHT AFTER AREA... NEWER WINDOWS. HARDWOOD FLOORS UNDER CARPET. WIDE HALL WAY. BRING YOUR FRESH IDEAS -PRICE REFLECTS THE NEED OF UPDATING & TLC ... THERE ARE ENDLESS POSSIBILITIES TO MAKE IT INTO A FABULOUS HOME. 3 BEDROOMS -3BATHS. POSSIBLE INLAW AT LOWER LEVEL-EXTRA WIDE DRIVEWAY- CORNER LOT WITH PRIVACY LANDSCAPE HEDGES SOLD AS...
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