CHFA Mortgage Assistance for Connecticut Home Buyers The Connecticut Housing Finance Authority, or CHFA, provides mortgage assistance programs to homebuyers in Connecticut. To receive CHFA mortgage assistance, you must be a first-time homebuyer or buying a home in a revitalization zone …
Federal Housing Finance Agency “FHFA” Raises FHA Loan Limits for 2017 – First Increase Since 2006
FHFA Announces Increase in Maximum Loan Amounts for Conforming “FHA” Mortgages There is some good news for those people looking to buy a home in 2017. The Federal Housing Finance Agency, or FHFA, has announced that for the first time …
What is the Connecticut Real Estate Conveyance Tax?
What is a real estate conveyance tax? A real estate conveyance tax is a tax paid by the “Transferor” in a real estate transaction, typically this is a Seller. However, there are some clever Sellers that put the burden of …
About the Real Estate Binder
About the Real Estate Binder What is a Binder? A real estate binder is an agreement that is commonly drafted by real estate agents. It is a document that contains all the terms of a proposed real estate transaction and …
New Connecticut Fair Housing Notice Disclosure for Purchase or Sale of Multi-Family Real Estate
CT Multi-Family Purchase Disclosure Requirement Connecticut Creates Mandatory Disclosure Place Buyers of Multi-Family Real Estate On Notice of Equal Opportunity Housing Laws We live in a heavily regulated legal landscape. Often we perform a task we think is relatively simple, …
How Is Property Divided After A Divorce?
Division of Property After Divorce How will our property be divided? One of the biggest challenges that many couples face during a divorce is the division of assets, or property. Deciding how to split up marital assets and debts is …
Top 6 Causes of Business Partner Disputes
Causes of Partnership Disputes What Causes Business Partners to Battle it OUT and Pack it UP? A business partnership is a complex relationship. No matter how solid the relationship may seem, partnership disputes still occur in almost every partnership. Partnership …
Who will have Custody of the Child or Children After a Divorce?
Child Custody After Divorce Who will have custody of the children? Divorce affects different families in different ways. In any family where there are children, the issue of child custody is usually the most pressing. Therefore many of our initial …
Validation of Defective Documents Recorded on the Land Records
Can Land Records Documents be Valid if Defective? The land records of a town or county contain the relevant documents in regards to land ownership in the that location. Whenever buying or selling property, a title search must be performed …
What is the CFPB Closing Disclosure Addendum to Real Estate Purchase & Sale Contract
What is the CFPB Addendum and Why is it Necessary? The CFPB Closing Disclosure addendum is a document that is often attached to standard form real estate purchase and sales contracts after October 1, 2015. It became necessary because the …