by Allison DePaola | Jan 20, 2017 | Connecticut Estate Planning Attorney Blog, Real Estate Transactions
In the process of buying, selling, or refinancing your home? BEWARE! Wire fraud is on the rise in Connecticut! There are some recent wire transfer scams occurring that the State of Connecticut is encouraging everyone to be aware of. The Connecticut Department of...
by admin | Feb 20, 2012 | Connecticut Estate Planning Attorney Blog, Real Estate Transactions
In a buyer’s real estate market, it increasingly is common to see a real estate sales agreement provide that the seller is to give the buyer a credit at closing towards the buyer’s closing costs. Be careful to define what is meant by “closing costs”: Does it...
by admin | Aug 8, 2011 | Connecticut Estate Planning Attorney Blog, Real Estate Transactions
Real Estate Transactions: The conveyance tax has increased. When you sell your home, you will be required to pay a conveyance tax to the State of Connecticut and the City/Town where the property is located. The State conveyance tax had been .5% of the gross sales...
by admin | Feb 28, 2011 | Connecticut Estate Planning Attorney Blog, Newsletter, Real Estate Transactions
Although condominiums and co-ops (Cooperative Housing Corporations) both are Common Interest Communities, there are important differences. The purchase of a condominium unit is the purchase of an ownership interest in a specific housing unit that is part of the...
by admin | Jul 27, 2010 | Connecticut Estate Planning Attorney Blog, Real Estate Transactions
Real estate transactions: Is your home part of a Planned Unit Development? A Planned Unit Development often includes a blend of residential, commercial and retail units, together with open space set aside for recreational purposes. Purchasing a home in such a...
by admin | May 1, 2010 | Real Estate Transactions, Uncategorized
Here’s the story of what happened that led to the legal dispute. Mr. Blackwell (Buyer) and Mr. Mahmood (Seller) entered into a contract for the purchase and sale of real estate in Windsor. The sales price was $1,800,000.00. Mr. Blackwell gave a deposit of $40,000.00....
