In recent months, homeowners across the country have fallen victim to a new wave of scams targeting property owners. One of the latest schemes involves fraudulent “recorded deed notices” sent via mail or email, purporting to be official documents requiring immediate action. These deceptive notices, which often have a return address of “Washington, D.C.” with…
In a monumental development that could reshape the landscape of real estate transactions across the nation, the National Association of Realtors (NAR) has reached a settlement that addresses the changes in the commission structure for real estate agents. The National Association of Realtors lost a $1.8 billion jury verdict last year and was facing other lawsuits…
I recently saw a post written by a funeral home in Massachusetts about a transfer on death deed, that seems to have gone viral. According to Facebook, the post was shared over 83,000 times. That’s how I saw it; because people who I know shared it. Unfortunately, while there are some really helpful tips in…
While “pre-approval” and “clear to close” may sound similar, they serve distinct purposes and signify different milestones in the mortgage approval process. Since February is known as the start of the Spring real estate market, many people are likely sprucing up to list their homes for sale and others are getting their ducks in a…
A Guide for Realtors and Sellers Last year we wrote an article about changes to the Smoke and Carbon Monoxide affidavit that State law requires sellers of residential real property to provide to their buyers at closing. For Connecticut residential real estate closings occurring after October 1, 2023, there is yet another significant change to…
What’s As-Is Got To Do With It? In this seller’s real estate market, you may be seeing more real estate listings that include the phrase “as-is”. Typically, when a property is listed “as-is,” it implies that the seller does not want to invest time or money into addressing any problems with the property. What is…
