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 …

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 …

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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 …

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What is a Real Estate Binder or Offer to Purchase?

How is a Binder/Offer to Purchase Different from a Contract? What is a Binder or Offer to Purchase?  A real estate binder is an agreement that is commonly drafted by real estate agents. It is a document that contains all …

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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, …

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Do I Need a Real Estate Closing Attorney to Sell My Home?

Selling a Home in CT? You Need a Real Estate Closing Attorney If you are looking to sell your home, you may or may not want to hire a real estate agent, but you will definitely want to hire a …

buyers real estate closing attorney

Why Do I Need a Real Estate Closing Attorney to Buy a House?

Buying a House in CT or NY? You will need to hire a Real Estate Closing Attorney If you are looking to buy a home in Connecticut or New York, you will need the services of a real estate closing …

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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 …