Because housing has become so expensive, making your first home purchase an investment home may be a good idea. Continue reading for an overview of the pros and cons to help you make your decision. Pro: Leverage to buy the home you want Many people…
Buying a home in Connecticut is often a lengthy process. After you have settled on a home, and a mortgage company has granted its approval, you’ll have to have an insurance inspection to identify potential issues and help you select the right amount of homeowner’s…
Having a safe and secure place to live is a big goal for most Connecticut residents. When starting a family or looking for a new place to live, some may consider buying a home. Home ownership is a big step, and it benefits prospective buyers…
Property rights are important. When a Connecticut resident purchases land or real property, they take on the responsibility of maintaining it in addition to the benefits of ownership. As a private owner, they may restrict who has access to their property and who may legally…
The past 18 months have been hard on many in Eastern Connecticut. People were laid off or furloughed for a while, meaning they were unable to bring in the money to cover life’s basic necessities. Lines at food banks stretched as those who never needed…
In Connecticut, a person who is selling a home or other residential property may have to complete a Residential Property Condition Report. This Report requires a seller of the home to answer a lot of detailed questions about the status and condition of the home.…
Financing a new business or entity can be challenging, and business owners often look for easy ways to avoid significant upfront costs. One way that Connecticut businesses budget for their futures is through leasing commercial space for their fledgling organizations. Though rental costs can be…
Buying a home, whether it is your starter home, your forever home or your retirement home, is an exciting process. However, it is crucial for people to understand the process of closing on their new place of residence. The following is a brief overview of…
Many people fail to acknowledge the many steps required to purchase a home. Real estate transactions involve far more than touring a property, making an offer and closing on it. For one, you will likely want a mortgage pre-approval before submitting an offer. Once you’ve…