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9 Newtown Homes Change Hands

The highest sale in the most recently recorded property transfers is a Bobcat Lane house for $700,000.

The following property transfers — the most recent ones available — were recorded by the Town Clerk between Oct. 15 and Oct. 19.

  • 4 Bobcat Lane, sold to Ronald and Maria Konitshek by French Properties LLC, $700,000.
  • 13 Obtuse Road, sold to Karl H. and Heather A. Elken by U.S. Bank National Association, $230,000.
  • 17 Old Green Road, sold to Wells Fargo Bank by Mark L. Wilhelmsson, exempt, $0.
  • 17 Old Green Road, sold to Secretary of Housing and Urban Development by Wells Fargo Bank, $10.
  • 1 Stone Fence Lane, sold to Melissa J. Murphy by Melissa J. Murphy, trustee of the Jeanne K. Smith Revocable Trust, trustee's deed, $0.
  • 110 Lakeview Terrace, sold to William P. and Claudia Dene by William P. Dene, quit claim, $0.
  • 1 Algonquin Trail, sold to Dennis E. and Meredith F Darcy by Dennis E. Darcy, easement, $0.
  • 10 Gelding Hill Road, sold to Joshua A. Posnick and Michael B. Posnick Irrrevocable Trust by Michael Posnick, quit claim, $0.
  • 5 Bridge End Farm Lane, sold to Pent Highway Holdings Co. by Robert and Rosemary McCulloch, by Christopher G. Winans Committee, committee deed, $0.
meg November 16, 2012 at 12:23 PM
This is very sad -7 out of the 9 I assume are foreclosures
Heather November 16, 2012 at 12:38 PM
That's what I was assuming too. Sad.
JED November 16, 2012 at 01:20 PM
Greedy banks. They should rent/ work with the folks and help them out.
newtown mom November 16, 2012 at 01:29 PM
This does not give an accurate picture of the Newtown housing market. Visit Williampitt.com, they have a report that they update on a monthly basis that pulls directly from the Consolidated Multiple Listing Service that shows information on homes sold, new listings, absorption rates etc. and compares previous month vs same month last year as well as year to date 2012 vs year to date 2011 data. My agent sends me this automatically every month but it is also on williampitt.com at the bottom of the page under Current Market Trends just drop down and select Newtown. Year to date Newtown is up 16.75% in homes sold over YTD 2011 and new listings are down 4.12% over YTD 2011. That's positive news!
NOBAMA November 16, 2012 at 01:57 PM
Great idea. THen they or the government should pay for their car to get to work,then free day care for their kids, etc. I'm sure the banks tried everything they reasonable could. Banks don't want to take back homes, but it comes to a point where they have to.
Don November 16, 2012 at 02:18 PM
Well said Nobama
newtown mom November 16, 2012 at 02:37 PM
And yes short sales and foreclosures are very sad, and this article makes it look like these are all foreclosures since many of the sales prices show $0, but those are quit claims, transfering ownership on the deed to what appears to be family members, not banks. Old Green looks like it was a foreclosure and shows twice as the bank took ownership and then transfered it within the bank. The other that mentions a bank is Obtuse but that was a home already foreclosed on and has a new homeowner :-) The rest are sales.
katerina November 16, 2012 at 02:46 PM
Newtown resident This is horrible. The banks recieived their bailouts of millions and are double dipping on peoples lives . This is unconstitutional. The laws need to be changed to help people stay in their homes and help families and the american public in an economy with so few jobs and no job security
James November 16, 2012 at 04:07 PM
what a misleading report, why would the headline say 9 homes were sold this is BS reporting
newtown mom November 16, 2012 at 10:52 PM
Katerina, the government has many programs. Ckeck out HARP.
Mr D. November 16, 2012 at 11:37 PM
How is this unconstitutional? A loan is a contract, the bank lends you money and you pay it back. The bank needs to protect its investment with a lien. Without this kind of protection, there would be no creedit available, and most people would have to pay cash to buy a house; home ownership in America would be an exception, not the rule, like it was 100 years ago.
James Hat November 17, 2012 at 10:58 AM
Somtimes Forclosure just happens. Lets say your mom and dad loaned you money to start a bussiness. After you bought some fancy equipment and spent your start up money without a long term plan what happens?The bank comes and takes the house you used to secure your debt. Its simple you gamble you lose.
C. Larson November 18, 2012 at 12:07 PM
Sorry James, but foreclosures don't "just happen". There are many factors that can lead that to the end - like the bank loaning a person ore money than they are capable of paying back and the person accepting that loan. Your mortgage payment should be no more than 1/4 of your monthly take home pay. Sometimes income situations change. When you are no longer able to pay your mortgage, steps should be made to sell the house. The problem is, when this happens people are many times in denial and wait too long. This is a very emotional process. Many times the banks do not work with the owners. The bigger problem is that we are a culture of debt. Many families are one paycheck away from their world crashing! Set yourself up for success - get rid of debt, have an emergency fund, and do not take out a mortgage where the payment is more than 1/4 of your take home pay!
james dolan December 02, 2012 at 05:56 PM
Keep voting to increase taxes in Newtown. You will not be able to give away your home. Look in Newtown buy in Brookfield. The new norm. There is a reason enrollment is down 30% in Newtown schools. wake up

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