If you are seeking a piece of Connecticut property to buy, there are many steps to the process. It can seem sometimes as if you will never get to your closing date. That can make you want to cut out a step or two from the lengthy real estate buying process. But one...
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Real Estate Law
When should you buy a home?
Homebuyers usually consider different factors before making a purchase. Should timing be one of them? Is there a right time to buy a home? Let’s look at a couple of them. When you can afford to It's crucial to buy a home only when you can afford to. This means your...
Should you jointly purchase a home with a relative?
Buying a home is a significant decision that involves careful consideration of various factors. One option that individuals often contemplate is jointly purchasing a property with a relative. This arrangement can result in both advantages and drawbacks, and it's...
Tips for buying a property in a short sale
With the housing market so tight and so expensive, every would-be buyer is looking for a bargain. That has more people than ever interested in short sales. A short sale refers to a situation where a homeowner is no longer able to afford their mortgage and the bank has...
Title issues can delay residential real estate closings
Buying a home is an exciting journey filled with anticipation and dreams of a new future. This journey can hit unexpected roadblocks, particularly regarding title issues. While often overlooked, these issues can significantly delay the closing process of a residential...
First-time homebuyer? Do not rush the process
The eagerness to settle in your own space may tempt you to rush the home-buying process. However, it is advisable to take your time. Buying a home is a significant financial decision, and rushing the process can predispose you to costly blunders that could affect you...
Partition actions and inherited real estate: A fair solution
It’s not unusual for parents to leave their homes to their adult children in equal shares – but that attempt to keep everything fair can actually have very unfair results when the siblings cannot agree on what to do with the property. This is where a partition action...
Be careful about falling in love with a house
When some people are shopping for a house, they essentially view it like dating. They’re looking for a house that they love. Maybe they have a certain aesthetic style in mind, such as preferring Tudor homes or brick houses. Maybe they’re looking for amenities, like a...
What’s the role of a good faith deposit when buying a home?
Home purchasing is one of a person’s most significant financial decisions. It involves a multitude of steps and considerations, one of which is the good faith deposit. A good faith deposit, also known as an earnest money deposit, is a sum of money that a homebuyer...
What do inspectors look for when evaluating a home?
A home is a good investment for people who wish to settle down and plant their roots. The home-buying process, however, isn’t as easy as it looks. Many people have to circulate through many homes before they find the one that suits them best. Before someone settles...