When you close on your new home, you sign all of the paperwork and then get the keys. The house is yours. If the seller already bought a new home and the house is sitting empty, you may head over right away. But what if the seller is still living in the home? Do they...
The Experience You Need
Year: 2020
2 very strong reasons not to skip an inspection when buying a home
Some of the expenses associated with buying a home are unavoidable. You have to pay any past-due taxes and cover closing costs. Other expenses, like the homeowner's title insurance policy or property inspections, are optional. You may choose to forgo those costs,...
What are some of the mistakes first-time homebuyers make?
It can be exciting thinking about the prospect of buying your first home. You shouldn't rush into things without thinking of them as clearly as you should, though. First-time homebuyers often make mistakes that can cost them more money than it otherwise should. One...
Do you have to use a real-estate attorney in Connecticut when you buy property?
In Connecticut, an attorney should be present and actively involved in any real estate transaction that takes place. This is required by law for a couple of reasons. The first is that it helps protect the buyer and seller against litigation by making sure all laws are...
Check that the home you wish to buy does not have a mechanic’s lien
Title checks are one of the most important things an attorney can do when you look to close on Connecticut real estate. Without it, you could end up wasting time and money on a property that the would-be seller does not have the legal right to sell. Mortgage lenders...
Protect yourself with title insurance or a warranty
If you’re buying a new home, one thing you should have is title insurance. Title insurance covers any issues with the home that the title company doesn’t catch during the home-buying process. For example, if you find out that there were filing errors, back taxes due,...
Why it’s wise for an attorney to review your closing documents before you sign
Closing on your new home is a complicated process that involves dozens of pages of paper, multiple signatures and many professionals. You're committing yourself to a purchase that could impact your life for decades. You want to know what you're paying for and why....
Some signs that a mortgage lender might not be legitimate
Most mortgage lenders are honest, and they provide consumers with an important service. However, there are some lenders who look for uninformed or inexperienced home buyers so that they can take advantage of them. These predatory lenders are only out to make a quick...
Carefully review a commercial lease before signing
If you’re searching for commercial space to lease, such as an office building or storefront, you know how frustrating it can be. You have a set of wants and needs, and finding them all is easier said than done. But then you come across the perfect property. It’s at...
What is a construction defect?
If you run a construction company, you may discover that you and your clients do not see eye-to-eye on what constitutes a defect or a mistake. This can lead to disputes and could even land you in court as you try to sort everything out. So, what is a defect? There are...