FHFA Announces Increase in Maximum Loan Amounts for Conforming “FHA” Mortgages There is some good news for those people looking to buy a home in 2017. The Federal Housing Finance Agency, or FHFA, has announced that for the first time …
What is the Connecticut Real Estate Conveyance Tax?
What is a real estate conveyance tax? A real estate conveyance tax is a tax paid by the “Transferor” in a real estate transaction, typically this is a Seller. However, there are some clever Sellers that put the burden of …
About the Real Estate Binder
About the Real Estate Binder What is a Binder? A real estate binder is an agreement that is commonly drafted by real estate agents. It is a document that contains all the terms of a proposed real estate transaction and …
New Connecticut Fair Housing Notice Disclosure for Purchase or Sale of Multi-Family Real Estate
CT Multi-Family Purchase Disclosure Requirement Connecticut Creates Mandatory Disclosure Place Buyers of Multi-Family Real Estate On Notice of Equal Opportunity Housing Laws We live in a heavily regulated legal landscape. Often we perform a task we think is relatively simple, …
What is the CFPB Closing Disclosure Addendum to Real Estate Purchase & Sale Contract
What is the CFPB Addendum and Why is it Necessary? The CFPB Closing Disclosure addendum is a document that is often attached to standard form real estate purchase and sales contracts after October 1, 2015. It became necessary because the …