60 Old Town Rd #113 Vernon, CT 06066...

60 Old Town Rd
#113
Vernon, CT 06066
2 bedroom, 1.5 bathroom
$109,900.00

SOLD!
1/14/21

This was a VERY interesting real estate challenge.  Have you heard about the issues caused by pyrrhotite in concrete foundations in CT?  If not, you can learn more HERE.  If you know what I'm talking about than you know foundation issues are no joke!  My client owned a condo in a complex with known issues with the concrete foundations.  She had moved out a few years ago and was renting the condo out.  When her last set of tenants gave notice that they were going to be moving out, my client got to thinking... should I rent this out again or try to sell it now?  She decided selling would be her best option so we dove into learning all we could about pyrrhotite, foundation issues and what the HOA for the complex was planning to do with the affected buildings.  Together, we attended meetings, read engineering reports, asked questions and combed over comparable sales.   Using our new found knowledge on the subject of bad concrete and taking comparable sales prices into account, we put a great price on this condo.  We were able to sell it for full price in a reasonable amount of time and everyone involved was happy with the outcome.  Everyone worked together so what seemed like such a complicated situation actually went very smoothly!  Congrats to my seller for unloading a burden and to the buyer for getting a great deal!  

​Maverick Realty, 256 Main St Suite D East Windsor, CT 06088, CT #REB.0793283, 860-978-5388, [email protected]