real estate blog
Answer: Real estate refers to property consisting of land and the buildings on it, along with its natural resources such as crops, minerals, or water. Real estate can be bought, sold, or rented, and is a major part of the economy. Real estate agents and brokers help facilitate transactions between buyers and sellers, and there are many different types of real estate investments, such as residential, commercial, and industrial properties.
recorded deed notice

Beware: Recorded Deed Notice Scams on the Rise

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…

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real estate commission

Real Estate Agent Commission Changes 2024

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…

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Screenshot 2024 03 05 160918

Is There a Transfer on Death Deed in CT?

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…

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clear to close vs pre approva

Pre-Approval Vs. Clear to Close

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…

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CO DETECTOR LAWS

New CT Smoke and Carbon Monoxide Detector Laws – October 2023

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…

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as is property and inspection contingency

Understanding The Inspection Contingency for As-Is Properties

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…

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