By Attorney Daniel Hamad Though mortgage rates have gone up over the past few months, we’re still seeing rates that are some of the lowest that have ever been available. A 30-year fixed mortgage is still available in the low 5% range, and a 5/1 ARM may be as low as 4%. This has been … Continue reading »
Go from Upside Down to Right Side Up (Part II): The Short Sale
In Part I of this article we discussed Loan Modifications and Payment Plans. Let’s now move on to Short Sales and Sales of property in general. When selling a piece of property it behooves you to get a real estate attorney. In Connecticut nearly all purchasers are going to have attorneys, so you don’t want … Continue reading »
Go from Upside Down to Right Side Up (Part I): The Introduction & The Loan Modification
Over the past few years we’ve seen the housing market go from bad to worse. Foreclosures are up, values are down, and homeowners are wondering when the next shoe is going to fall. Have you had your house appraised lately? In most cases, that value is going to be considerably lower than it was when … Continue reading »
Should I Buy Now?
Buyers today are concerned with the quality of the real estate market. They’ve watched as taxes have risen while property values have dropped. They’ve watched as thousands of people have been foreclosed on. Yet they – you – still want to own a home… at the right time, of course. A home is an investment … Continue reading »
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Thank you for visiting the new web home of the Hamad Law Firm, LLC. We are based out of New Haven, Connecticut, and cover the entire State of Connecticut, as well as providing services in Massachusetts and New York. Principal practice areas include Real Estate (including loan closings) and corporate law. Contact us today!
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