Real Estate

Zoning is a city and town planning tool used by local governments to limit the use of real estate through laws and regulations. Local governments often have plans for the local area, such as identifying where certain activities should be limited to or allowed to maximize social benefit. Connecticut zoning statutes typically designate four categories for land use: agricultural, commercial, industrial, and residential. Additionally, more specific zoning regulations include restrictions on the number of residences per parcel, minimum lot size, floor space restrictions, and other aspects of land use for each category. Thus, even if a lot is zoned as residential, building two homes on the lot may violate the Read more . . .

With interest rates and home prices dropping, many experts believe that 2020 is the perfect time to purchase a new home. However, there are upsides and downsides to everything, and the real estate market is no exception. If you are considering buying a home in Connecticut in 2020, below are some pros and cons to consider. If you have additional questions regarding your Connecticut home search, please contact our Read more . . .

Home ownership offers several advantages. However, people with the means to purchase a home sometimes continue to rent. This is usually due to apprehension about the homebuying process. Hopefully, if you've considered purchasing a home in Connecticut in the past but have failed to do so, this article will provide you with the information you need to begin searching for your first home. For additional information, please contact our Read more . . .

Buying your first home is an exciting process. From your initial search to closing, the homebuying process can be a great experience. However, like most things in life, it isn’t without its pitfalls. In order to ensure that your first home purchase is successful, please review the information below and contact an experienced Read more . . .

There is often confusion among buyers and sellers regarding real estate closing dates. And when a real estate contract requires that closing take place on or before a certain date, careful negotiation by a Connecticut real estate attorney is imperative to ensure a positive outcome. If you are planning on buying or selling a home in Connecticut and have questions about the closing process, please review the information below, and contact a Connecticut real estate attorney for additional information.  

Sometimes the closing date isn't really the closing date

When entering into a real estate transaction, buyers and sellers must understand that the closing date  in their contract may not be the date that closing actually occurs. In fact, unless a real estate contract contains specific language ("time is of the essence") in reference to the closing date, the date serves merely as a guideline.
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Most home purchases require financing. And when a bank finances a transaction, it requires the purchaser to have title insurance. Banks require title insurance to ensure that loans are repaid even when title defects exist in a property. However, the title insurance required by a bank only covers the lender’s interest in the property through the institution’s mortgage. In other words, this doesn’t protect the owner of the property, which is why most homeowners obtain a separate title insurance policy.
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Everyone knows that it is a big advantage to have an experienced real estate attorney in your corner when purchasing or selling property. However, most people are unsure of how to actually choose an attorney. In order to help get you started, below are some questions you should ask your prospective Connecticut real estate attorney during your initial consultation.
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Landlords and tenants are frequently involved in disputes involving rent, property damage, property cleanliness, noise, repairs, and a host of other matters. When these types of issues arise, there is often confusion regarding the legal responsibilities of the parties. Under Connecticut law, landlords and tenants each have certain responsibilities. If you are a landlord or tenant with questions regarding your legal responsibilities as they relate to a piece of rental property, please review the information below and contact a Read more . . .

There are serious consequences for failing to pay your mortgage, including bankruptcy and foreclosure. Homeowners who are unable to make their monthly payments often believe that there is nothing they can do to remedy the situation. This isn’t the case, however. Some homeowners in Connecticut are able to avoid these negative outcomes via a program called loan modification. A loan modification alters a homeowner’s existing loan in a way that allows him or her to afford the monthly payments.
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Both buyers and sellers of property look forward to closing, as it represents the last step of the real estate transaction process. Therefore, it is especially frustrating when an issue comes up that delays closing. Luckily, with proper planning and the guidance of an experienced Connecticut real estate attorney, most of these issues can be avoided.
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