There are some questions that just get asked all the time. Rather than writing a full article on each, I’m just going to give some quick responses today. Q: How Long is the Real Estate Closing Process A: Well this depends – and for the most part, it doesn’t depend on the closing attorney. The … Continue reading »
Go from Upside Down to Right Side Up (Part III): Foreclosure & Alternatives
In Part I of this article we discussed Loan Modifications and Payment Plans. In Part II of this article we discussed Sales and Short Sales. Let’s now move on to Foreclosure and Deeds in Lieu of Foreclosure. Foreclosure is an action of last resort for banks. They don’t want to do it – it can … 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 »
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