That’s Right; If you hire Glouzgal Law PLLC to be your real estate attorneys, we will review and advise on the following at NO CHARGE: Real Estate Agency/Brokerage Exclusive Right to Represent Agreements or Listing Agreements; Real Estate Agency/Brokerage Dual …
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 …
Rate Change for Title Insurance on Connecticut Real Estate as of February 3, 2020
Due to significant increased costs in doing business, namely when it comes to regulatory compliance, Connecticut Attorneys Title Insurance Company (CATIC®) recently requested and have been approved for a rate change on title insurance on real estate in Connecticut. This …
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 …
CHFA Loans – Connecticut Housing Finance Authority Mortgage Assistance
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 …
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 …
2016 Connecticut Law Changes How A Trust Handles Real Estate
Trusts and Real Estate Conveyance Trusts can be used for a variety of purposes in estate and wealth planning. A common use for a Trust is to hold real estate property. Whether holding the real estate is the sole purpose of the …
Why Do I Need a Real Estate Closing Attorney to Buy a House in Connecticut?
Buying a House in CT? You will need to hire a Real Estate Closing Attorney If you are looking to buy a home in Connecticut, you will need the services of a real estate closing attorney. A buyer’s closing attorney’s job is …