This Weekend's Foreclosure Auctions (11-30-13)

 The following is a list of foreclosure auctions taking place through out Connecticut this Saturday, November 30, 2013. If you'd like to bid on any of these properties, simply click on the property for more information.

 

Connecticut Foreclosure Auction List

Ashford:
Bloomfield:
325 Park Avenue

Berlin:

Bloomfield:

Bolton:

Branford:
Bldgd 4, Unit 20, 420 East Main Street

Bridgeport:
491-495 Harral Ave aka 181 Lexington Ave

Bristol:

Brooklyn:

Chaplin:

Cheshire:

Colchester:

Cromwell:
5 Heather Court

Danbury:

East Haddam:

East Hampton:

East Hartford:

East Haven:

East Windsor:

Enfield:

Essex:

Fairfield:

Farmington:

Greenwich:

Griswold:

Groton:

Hamden:

Hartford:

Ledyard:

Lyme:

Madison:

Manchester:

Meriden:

Middlebury:

Middlefield:

Middletown:

Milford:

 

 

If you're interested in purchasing Short Sale or Bank Owned properties in Connecticut, please click here and fill out the form.

 

 



Monroe:

Montville:

Mystic:

New Britain:

New Canaan:

New Fairfield:

New Haven:
616 Winthrop Ave

New London:

New Milford:

Newington:

North Haven:

North Stonington:

Norwich:
101 Water St

Norwalk:

Oxford:

Plainfield:

Plainville:

Plymouth:

Putnam:

Roxbury:

Salem:

Scotland:

Seymour:

Somers:

Southbury:

Southington:

Stafford:

Stamford:

Stratford:
292 Roosevelt Avenue

Terryville:

Tolland:

Torrington:

Trumbull:

Vernon:

Voluntown:

Washington:

Waterbury:
19 Donald Terrace

Watertown:

Wethersfield:

Willimantic:

Windam:

Windsor Locks:

West Hartford:

West Haven:

Westbrook:

Wilton:

This Weekend's Foreclosure Auctions (11-23-13)

The following is a list of foreclosure auctions taking place through out Connecticut on November 16, 2013. If you'd like to bid on any of these properties, simply click on the property for more information.

If you're interested in purchasing Short Sale or Bank Owned properties in Connecticut, please click here and fill out the form.

Connecticut Foreclosure Auction List

Ashford:

Bloomfield:

Berlin:

Bloomfield:

Bolton:

Branford:
50 Bay Path Way, Unit E50
173 Monticello Drive

Bridgeport:
1416 North Avenue

Bristol:

Brooklyn:

Chaplin:

Cheshire:

Colchester:
347 Chestnut Hill Road

Danbury:

East Haddam:

East Hampton:

East Hartford:

East Haven:
26 Barberry Lane

East Windsor:

Enfield:

Essex:

Fairfield:

Farmington:

Greenwich:

Griswold:

Groton:
118 Brandegee Ave.

Hamden:

Hartford:
246-256 Albany Avenue

Ledyard:

Lyme:

Madison:
12 Pierce Lane

Manchester:
9 Norman Street

Meriden:
72 Windsor Avenue

Middlebury:

Middlefield:

Middletown:

Milford:
9 Ash Street

Monroe:

Montville:

Mystic:

New Britain:

New Canaan:

New Fairfield:

New Haven:
21 Orchard Street
231 Colony Road
1616-1618 Chapel Street

New London:

New Milford:

Newington:

North Haven:

North Stonington:

Norwich:

Norwalk:

Oxford:
215 RIGGS STREET

Plainfield:

Plainville:

Plymouth:

Putnam:

Roxbury:

Salem:

Scotland:

Seymour:

Somers:

Southbury:
40 Hilldale Drive
Southington:

Stafford:

Stamford:

Stratford:

Terryville:

Tolland:

Torrington:
144 Morningside Drive
138-140 Grove Street
16 Wilmot Street

Trumbull:
814 White Plains Road

Vernon:

Voluntown:

Washington:

Waterbury:

Watertown:
550 Litchfield Road

Wethersfield:

Willimantic:

Windam:
11 Charles Street

Windsor Locks:
10 Sadler Street

West Hartford:

West Haven:

Westbrook:

Wilton:

This Weekend's Foreclosure Auctions (11-16-13)

The following is a list of foreclosure auctions taking place through out Connecticut on November 16, 2013. If you'd like to bid on any of these properties, simply click on the property for more information.

If you're interested in purchasing Short Sale or Bank Owned properties in Connecticut, please click here and fill out the form.

Connecticut Foreclosure Auction List

Ashford:
7 Horse Hill Road

Bloomfield:
177 west newberry rd

Berlin: 

Bloomfield:

Bolton:

Branford:

Bridgeport:
113 Red Oak Road
158 Alba Avenue
100 Virginia Avenue
256-258 Davenport Street

Bristol:

Brooklyn:

Chaplin:

Cheshire:

Colchester:

Danbury:
22 Second Avenue, #8 Khona Woods

East Haddam:

East Hampton:

East Hartford:
73 O'Connell Drive
90-92 Great Hill Road

East Haven:
11 RIVER ROAD
46 Deerfield Street

East Windsor:

Enfield:
81 High Street

Essex:

Fairfield:

Farmington:
50 1/2 Mountain Spring Road

Greenwich:

Griswold:
21 Totem Lane

Groton:

Hamden:
134 Cooper Lane

Hartford:

Ledyard:

Lyme:

Madison:

Manchester:

Meriden:

Middlebury:

Middlefield:

Middletown:

Milford:
170 Brewster Road

Monroe:
327 Hattertown Road

Montville:
78 Driscoll Drive

Mystic:

New Britain:
290 Lawlor Street

New Canaan:

New Fairfield:

New Haven:
83 East Roack Rd
609 Winchester Avenue
294 KIMBERLY AVENUE

New London:

New Milford:
47 OVERLOOK DRIVE

Newington:

North Haven:
600 WASHINGTON AVENUE UNIT 6 A/K/A UNIT 6A

North Stonington:

Norwich:

Norwalk:

Plainfield:

Plainville:

Plymouth:
26 Orchard Street

Putnam:

Roxbury:
386 South Street

Salem:

Scotland:

Seymour:

Somers:

Southbury:
127 Linden Lane
5A Heritage Village

Southington:

Stafford:

Stamford:
6 West Trail
Campbell Drive, Lot C-1A & Lot C-1B

Stratford:

Terryville:

Tolland:

Torrington:
558 East Main Street

Trumbull:
640 Shelton Road

Vernon:

Voluntown:

Washington:
113 Woodbury Road

Waterbury:
150 SPRING LAKE ROAD

Watertown:
282 Neill Drive

Wethersfield:
31 Lorraine Road

Willimantic:

West Hartford:

West Haven:
600 Island Lane
Westbrook:

Wilton:

"Diamond-In-The Rough" Property of the week

 

324 MAPLE ST

New Britain,Connecticut

Asking Price is $89,000

5 Bedrooms 2 Bathrooms

1,581 Square Feet

Built in 1900

Click Here for more photos & details

For more property information or to schedule a private viewing

Call Jennifer Vayan at 203-733-9438

This week's "Diamond-In-The Rough" Property of the week is listed for sale by

Master Key Realty, LLC

Click Here if you're interested in finding more great investment properties!!

POWER LUNCH "RENOVATION FINANCING"

November, 21 2013

11.45 AM - 1:00 PM

At The GNHAR Training Room

127 Washington Avenue, North Haven, CT

Matthew Perillie

Learn more about how renovation financing options can help you sell more properties, including REO and short sale properties. Fannie Mae renovation loans, FHA 203K loans, investor and second home renovations, and the differences in mortgage insurance on the various loan instruments will be addressed. GNHAR Members Free of Charge Learn more about how a home warranty plan can Matthew Perillie Home Mortgage Consultant, Renovation Specialist

Please RSVP by noon Monday, Nov 18 via e-mail to

Edward Sposito - Edward@gnhar.com Seating by e-mail Reservation Confirmation Only
Free lunch and Seating is limited TO the first 60 people who respond and are confirmed by e-mail.
No-shows will be charged $10.00
Walk-Ins will be charged $10.00
A Special Thanks to Our Sponsor: Wells Fargo

A special thanks to our sponsor:

Connecticut Judge Rules That Security Deposits Cannot be Discharged in Bankruptcy

In the November, 2012 US Bankruptcy case In re: Anthony Hall, the judge decided that a landlord filing for bankruptcy could not discharge the debt of an unreturned security deposit. The court noted that a landlord holding a security deposit pursuant to Conn. Gen. State. 47-21 does so in a fiduciary capacity, as such, that debt cannot be discharged under bankruptcy codes.

Specific circumstances of this case was that the landlord admitted to the court that he had withdrew the security deposit prior to the termination of the tenancy and had used those funds for personal purposes. The facts also showed that the debtor had twenty five years of experience as a landlord and  should have been aware of his fiduciary responsibilities.
 
This case is a reminder that security deposits much be carefully managed by landlords since judgments against landlords for security deposit related matters exceed the threshold of personal debt and may not be dischargeable with bankruptcy. As a landlord, you should have a solid management practice in place for the accounting of security deposits and be extremely conscientious about meeting the statutory requirements of returning the deposits in a timely manner.

Yona Gregory

New Connecticut based REIT is coming to town

(AP) Starwood Property Trust Inc. (STWD) (A Greenwich CT based REIT) said it will spin off its single-family rental-home unit into a real estate investment trust headed by Waypoint Real Estate Group’s management division, which is being acquired in the deal.
The spinoff, Starwood Waypoint Residential Trust, held $750 million in 4,268 homes and non-performing loans on 1,549 properties as of Sept. 30, Starwood Property said in a statement. The new REIT will receive $100 million in cash from its parent, a $400 million line of credit and no debt, which will position it to be the second-largest publicly traded single-family rental REIT by portfolio value, according to Starwood Property Chairman Barry Sternlicht.
“We’re buying $50 million to $60 million homes a month and the baby is getting a little large -- like Moby-Dick,”Sternlicht said. “With Waypoint, we’ll have best-in-class management that has capability proven to get to scale.”

 

Wall Street-backed investors have been racing to buy houses as prices, which fell as much as 35 percent from their 2006 peak, are rising at their fastest pace in seven years. Demand for rental homes is growing from millions of households that went through foreclosure or can’t qualify for a mortgage.
Sternlicht, 52, will be chairman of the new company, which he expects to begin trading publicly on the New York Stock Exchange under the ticker SWAY in February. Gary Beasley and Doug Brien, Waypoint’s current co-chief executive officers, will serve as co-CEOs of the new company.
Sternlicht, whose Greenwich, Connecticut-based Starwood Capital Group has $26.3 billion under management, began investing in distressed real estate after the 1980s savings-and-loan crisis. Starwood Property is a REIT managed by a Starwood Capital affiliate.

Read the full story here