When you purchased a home in Connecticut, you likely hired a home inspector to check out the home. Connecticut law also requires the seller to disclose past and current problems with the house's major systems. That's why it may surprise you when things fall apart...
Know your options for selling a house occupied by tenants
Renting homes to tenants is a common real estate investment strategy. When you decide that you want to sell, however, its Connecticut tenants will sometimes try to impede the process. They typically fear the prospect of having their residence sold and assume that they...
Property division during a contested divorce
Divorce becomes an even more contentious issue in Connecticut when property division enters the equation. In a contested divorce, where the spouses cannot agree on one or more matters, property division can require compromise or even end up in court. Several factors...
4 Connecticut house hunting tips for real estate agents
The process of buying a home is both stressful and exciting. Things often become even more stressful when shopping in an area as competitive as Connecticut. Whether you've bought houses before or you're shopping for your first home, here are some house-hunting tips...
Building your real estate portfolio in Connecticut for cash flow
For many people in Connecticut, real estate investment is a great way to build wealth and generate passive income. Creating a quality portfolio, specifically for cash flow, can be a smart strategy to diversify your investments and increase earning potential. Research...
Fees and prefunding requirements for mortgage closing costs
Although any real estate sale in Connecticut generally entails closing costs, these expenses increase when the transaction includes a mortgage. Property buyers bear the burden of paying mortgage closing costs. The majority of fees compensate the people who perform...
Some tips for the first-time home seller
There’s a lot to think about when selling a home in Connecticut. But if you’re like most sellers, your concern is making a good profit. Selling a home involves more than listing it for sale and waiting for a buyer. Consider working with an experienced real estate...
Reasons to invest in Connecticut real estate
Real estate may be suitable for investors interested in passive income and a venture that appreciates long-term. Some of the investment benefits unique to real estate include net cash flow, leveraging funds, portfolio diversification and a multitude of tax benefits....
Should you be preparing for a housing market crash?
Mortgage rates for a while were quite low, while home prices in Connecticut were reaching new heights. Demand and price gains have finally started to cool off in the wake of this record-setting streak, but this has put some on their guard for a housing market crash....
An overview of housing starts
A housing start is defined as the beginning of construction on a new home. Housing starts are a leading economic indicator representing the number of new homes started on a monthly basis. In July 2022, Connecticut and the rest of the country reached the highest number...