You’ve conducted the inspection, made a successful offer and secured the mortgage. Now, all that is left is closing on the home and moving in. Unfortunately, there are several potential issues that can arise even after you choose a closing date. No homebuyer wants to...
Real Estate
How the new real estate agent rules affect home buyers
On Behalf of Suisman Shapiro Attorneys-at-Law | Sep 24, 2024 | Real Estate
The National Association of Realtors agreed to a multi-million dollar settlement in March 2024 to resolve a class-action lawsuit. As a result, the real estate industry instituted new rules on how home buyers, sellers and agents handle commissions and home listings....
What should a home inspector look for?
On Behalf of Suisman Shapiro Attorneys-at-Law | Mar 19, 2024 | Real Estate
Many first-time home buyers rush into a home purchase because they found “the one.” This house has everything a home buyer wanted from their home and could see themselves living in it forever. This often leads to people developing buyer's remorse because a home may...
3 things to check in a residential real estate contract
On Behalf of Suisman Shapiro Attorneys-at-Law | Dec 20, 2023 | Real Estate
Finding an ideal home can be exciting. But that’s only the beginning of the purchase process. You and the seller will sign an agreement confirming the transfer of ownership and other terms of the deal. You should go through the contract carefully to avoid deals that...
2 risks for homebuyers on the hot Connecticut real estate market
On Behalf of Suisman Shapiro Attorneys-at-Law | Apr 19, 2023 | Real Estate
Higher interest rates and other economic factors have cooled the real estate market in some states, but not in Connecticut. Prospective home buyers will still face a combination of low inventory and plenty of competition with other buyers. Those who find a property...
Ensuring that you have a clear property title
On Behalf of Suisman Shapiro Attorneys-at-Law | Feb 28, 2023 | Real Estate
When you purchase a property, your legal rights to ownership are outlined in the title. Ideally, you should fully understand your rights before committing to a purchase, but this isn’t always how it works out. When issues come up with the title, they can cause you a...
Purpose of contingency clauses in home purchase contracts
On Behalf of Suisman Shapiro Attorneys-at-Law | Oct 11, 2022 | Real Estate
You have to deal with many variables when buying a home in Connecticut. Buyers need time to confirm the value and physical condition of a house. For these reasons, buyers often use contingency clauses in purchase contracts to protect their financial interests. In...
Getting started in the real estate market
On Behalf of Suisman Shapiro Attorneys-at-Law | Sep 26, 2022 | Real Estate
Making money in real estate is a solid opportunity Connecticut. You don't need to have a lot of money on hand at first, and there are a few different ways that you can get started. Rentals One way that you can begin making money in real estate is to purchase a...
Successful real estate investors practice these habits
On Behalf of Suisman Shapiro Attorneys-at-Law | Aug 9, 2022 | Real Estate
Becoming a real estate investor in Connecticut can be a successful venture, but it does come with its risks and challenges. It is possible to make a good profit in real estate through options such as property management, joint ventures or wholesaling. You can take...
What to consider before buying a rental property
On Behalf of Suisman Shapiro Attorneys-at-Law | Jul 21, 2022 | Real Estate
Investing in real estate may be an effective way to diversify your portfolio and help improve the overall return on your capital. However, there are many variables that you'll need to consider before purchasing a rental property. These include the location of the...
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