When you buy a home, you’re also buying its title - the legal right to the property. However, titles can be complicated. For example, there could be unpaid taxes, undiscovered liens or even unknown heirs who claim to own the home. Title insurance helps safeguard you...
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Real Estate Law
What is escrow in a home purchase?
People who are purchasing a home will often notice that they’re going to have to pay money into an escrow account. This is a financial tool that helps to protect borrowers and lenders by providing a way to ensure specific expenses are paid on time. The escrow account...
Hoping to sell a home in Connecticut in 2025?
Selling a home is a significant financial and legal transaction, and if you’re planning to sell property in Connecticut in 2025, preparation is likely going to prove to be key when it comes to a smooth and successful process. The Connecticut housing market in 2025 is...
Residential real estate: The importance of having a clear title
Having a clear title is an essential part of purchasing real estate. One that’s not clear can result in complications that delay the sale and even jeopardize it altogether. Anticipating some of the most common title issues can help you to avoid them. Here are some...
Understanding and avoiding being house poor in Connecticut
Buying a home is a big step, but becoming house poor can cause financial trouble. Understanding and avoiding this in Connecticut, where homes and taxes cost a lot, is essential. What does it mean to be house poor? Being house poor means most of your money goes to...
What are contingency clauses?
Buying a new home can feel overwhelming, especially if it's your first time. There are so many details, from the first viewing until the final closing, that you may begin to worry about forgetting something. One crucial aspect of buying a home is including contingency...
Buying your first home? Here’s what not to do
Buying your first home is an exciting milestone, but it can feel like stepping into uncharted territory. It’s easy to get overwhelmed with so many decisions to make and options to consider. To help you navigate this journey, being wary of the pitfalls that can turn...
Required home disclosures in Connecticut
When someone sells real estate in Connecticut, they may have to fill out a disclosure form. This typically takes the form of a list of questions. The seller can then either check yes, making the disclosure, or check no, saying that there is no problem with the...
Examples of material defects in real estate
There are few purchases more significant than acquiring real estate. This is the case whether a couple is buying their first home together or a developer is seeking their next project. The significance of purchasing real estate means that due diligence needs to be...
Important questions to ask when buying a home
Whether you are moving or purchasing your first ever home, it’s an exciting time. Nonetheless, sometimes, the excitement can take over and you forget to ask pertinent questions before committing to a deal. Asking questions helps you to gather information. It also...