Land Records Name Change due to Marriage or Divorce

Updating Real Estate Land Records to Reflect a Name Change

What Happens To My Real Estate Mortgage and Deed if my name changes? Often, we run into a scenario where an individuals name changed after they purchased or otherwise took title to a real estate property. This can happen for …

Real Estate Lawyer

COVID Price Increases on Connecticut & New York Real Estate Could Help Borrowers with Private Mortgage Insurance (PMI) WITHOUT Refinancing

One of the benefits that may come out of the entire COVID Pandemic mess is the increase in local real estate prices across New York and Connecticut. Not only are homes worth more and have become easier to sell to …

lawyer for buying a condominium

Why Do I Have To Pay A Capital Contribution To The Condominium Association When Buying A Condo In Connecticut?

Capital Contribution to HOA Closing Costs Paid to Condo Association Today, I had a closing with a client n a condominium in New Milford. The particular condominium association (or home owners association, commonly called “HOA”) had a condition to buying …

Real Estate Lawyer

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 …

buyers real estate closing attorney

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 …

real estate closing lawyer

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, …

delays in real estate closings

Hazard Insurance Delays Real Estate Closings Under New TRID Laws

Hazard Insurance may Delay Your Real Estate Closing Under the new TILA/RESPA Integrated Disclosures (“TRID”) real estate settlement practices, consumers (those taking out a mortgage to buy a home) must receive and acknowledge the Closing Disclosure, a document showing where all …

Title Search and Title Insurance When Purchasing or Refinancing Residential Real Estate

Title Search and Title Insurance in a Purchase or Refinance of Residential Real Estate Lender Requirements and Buyer Protections When you are buying residential real estate, you are paying money in exchange for title to the property. It is in …