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.
joint tenancy vs. tenants in common

Joint Tenancy Vs Tenants-In-Common

If you’ve never purchased a property, you may not know what I’m talking about. Both Joint Tenancy with right of survivorship and tenants-in-common dictate how a property is owned and who inherits it when one or more of the owners passes away. In Connecticut, tenancy in common is the default interest for a deed with…

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push back the closing date

The Truth About The Closing Date

As most of you who have purchased a home knows, the process to get to the closing date is not always smooth. There are many steps along the way to the closing, including inspections, title searches, and mortgage approval. How Does a Closing Date Work? The Agreement spells out how long the buyer has to…

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reverse mortgage means losing equity

Is a Reverse Mortgage a Good Idea? Pros and Cons to Consider

As part of our elder law and long-term care planning practice, we often recommend a reverse mortgage to our clients. And we are often met with resistance. One of the most common misconceptions about reserve mortgages is that if someone obtains this type of mortgage, all hope of ever having any equity to pass to…

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Capital Gains Taxes

How To Avoid Capital Gains Taxes When Selling Your Home

As a lawyer who is passionate about educating the public, I find that a lot of people are unaware of certain laws that affect them. At the same time, certain laws seem to stick in people’s minds, even decades after the law has changed. How many of you have heard that you have to reinvest…

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