The Experience You Need
Whether buying or selling a home, you have likely been preparing for the closing day for some time. Now that it is almost here, you experience a crisis or a work issue that rules out your attendance. Since you cannot be there, does it mean the deal has fallen through?...
Under Connecticut law, nearly all residential real estate transactions (for buyers and sellers) require legal representation. For example, in closings that involve title insurance, you are required by law to use counsel. Since you will probably need to work with a...
A short sale happens when someone owes a certain amount of money on a loan for a property, but the lender agrees to take a smaller amount. For instance, someone owes $300,000 on their mortgage, but the lender approves a short sale for someone else to buy the house for...
When you’re looking to buy a new car or a used car, you may be worried about getting a lemon. This is a vehicle that just constantly breaks down, needs repairs all the time and was clearly a bad investment. Many people call these cars money pits, others call them...
You’ve been searching for your next dream home for some time now, and a place has come up that ticks all the right boxes. You’ve viewed the property, taking steps to secure finances and an offer has been put in place. Is this the end of the deal? Do you still have...
Buying a house is a major life event, especially for those making their first home purchase. Frayed nerves or “cold feet” are common as closing day approaches, but they typically do not interfere with the purchase. While you probably should not abandon the transaction...
Generally, it is beneficial for both buyers and sellers to reach a fair agreement that can be closed efficiently. Often, this is how real estate purchases work out. However, not every deal is smooth sailing and there are certain things that can get in the way....
You’ve found the perfect home and your offer has been accepted. The next day your spouse tells you that their boss is transferring them out of state. Now, you’re wondering if you can back out of buying the house. The good news is that you can retract your offer due to...
Whether you want to purchase or sell a home, many factors can affect the property’s value now and in the future. For example, when the schools in a neighborhood fail, nearby property values plummet. Buyers need this information to ensure they avoid a property at risk...
First-time home buyers often fail to understand how expensive the process can be. They don't just need to come up with the amount offered for the purchase of the home. They will also need to cover thousands of dollars and closing costs. Although sellers do sometimes...