Category: Real Estate

All Things “e” In order to talk “cyber,” the world had to create a new vernacular to describe new electronic documents and processes, especially those surrounding real estate transactions, which have historically been paper intensive.  Below are some definitions that may prove helpful as we go through the next decade in real estate. eClosing: The … Read More

  REAL ESTATE NEWS Courtesy of: Samuel LaRosa, III, Mortgage Loan Officer,  Savings Bank of Danbury December 17, 2019 Generation Z, which comprises the youngest potential consumers in the housing market, is bullish on homeownership. Freddie Mac researchers conducted a survey of consumers ages 14 to 23 and found they tend to have more positive … Read More

AN ACT CONCERNING REAL ESTATE CLOSINGS  The Connecticut Senate and the House of Representatives recently enacted Senate Bill No. 320 – An Act Concerning Real Estate Closings – which prohibits any person from conducting a real estate closing who is not admitted as an attorney in the State of Connecticut. For the purposes of this … Read More

What Every First Time Home Buyer Needs to Know Here’s what every first-time home buyer needs to know to dive into house hunting with confidence. Whether it’s getting a mortgage, choosing a real estate agent, shopping for a home, or making a down payment, here are the “need-to-knows” for first time home buyers. What can … Read More

Interest Rates Vary Based on Individual Credit Scores When home buyers are looking around for the best interest rates for home loans, they may wonder why they aren’t quoted the same rates they see advertised online or by lenders. Lenders usually advertise the best interest rates available only to their borrowers with the highest credit … Read More

Proximity to Public Transportation Makes a Difference Neighborhoods located within a half-mile of public transit services outperformed those farther from public transit based on a number of factors, according to a report released by the National Association of REALTORS® and the American Public Transportation Association. The report shows commercial and residential real estate sales thrive … Read More

Tips for Challenging Valuation of Property* Because the impact of a tax assessment can be quite expensive for property owners, challenges to the valuations of properties are quite common. In most cases, owners are free to meet with the assessor to present their cases. Owners need to keep in mind that any changes must be … Read More

From The Washington Post – January 17, 2019 Say Goodbye To All That Paperwork: Digital Mortgages Have Arrived As more lenders streamline operations, some mortgage applications can be completed entirely online. By Brenda Richardson January 17 If you’re a move-up buyer looking to purchase your second home, you might be pleasantly surprised by changes in … Read More