On behalf of Beebe & O'Neil | Apr 3, 2020 | Residential Real Estate Law
Buying a new house is an incredibly exciting process, but it is also one that comes with substantial financial and legal risk. When you submit a purchase offer to a seller, you could potentially lose your earnest money if you back out from the sale prior to closing....
On behalf of Beebe & O'Neil | Dec 28, 2019 | Residential Real Estate Law
A report published by the real estate data company ATTOM Data Solutions captures how foreclosure rates declined across the United States during November of this year. They decreased 13% from what they were in October. Those same statistics show that there were 11%...
On behalf of Beebe & O'Neil | Nov 28, 2019 | Residential Real Estate Law
If you’ve ever wondered why it takes so long to close on a property between the contract signing to the closing is finally scheduled, it’s because there’s a lot that happens in between one step and the other.Before you signed your purchase agreement,...
On behalf of Beebe & O'Neil | Sep 17, 2019 | Residential Real Estate Law
After house searching, negotiating on price and signing a purchase agreement, soon-to-be new homeowners in Connecticut may think everything is smooth sailing once closing day arrives. However, there are certain issues that may arise and cause problems with the final...
On behalf of Beebe & O'Neil | Aug 8, 2019 | Residential Real Estate Law
Last year the media warned consumers to reconsider purchasing a home in 2019. Predictions included that higher interest rates and the increased prices of homes would make it unaffordable. Ironically, for these exact reasons, homes may actually become more affordable...
On behalf of Beebe & O'Neil | Jul 18, 2019 | Residential Real Estate Law
Connecticut and other New England states have a reputation for a higher cost of living. Much of this is tied to the cost of housing. Even so, there are affordable houses on the market, though they are now decreasing in supply compared to expensive homes. When...
On behalf of Beebe & O'Neil | May 28, 2019 | Residential Real Estate Law
Both a business and home burglary in Connecticut comes with financial and emotional hardships that can be difficult to recover from. In a home burglary, the homeowner may feel violated and mourn the loss of items of sentimental values for a lifetime. Meanwhile, in a...
On behalf of Beebe & O'Neil | May 22, 2019 | Residential Real Estate Law
Investing in Connecticut real estate is a great way to make money as a landlord or through flipping houses. However, recent developments in the market may threaten this. As real estate prices continue to climb, buyers are stepping back from the market. High interest...
On behalf of Beebe & O'Neil | Apr 29, 2019 | Residential Real Estate Law
When shopping for a home in Connecticut, some buyers may hear that they need to be pre-qualified or pre-approved and think they are the same thing. However, according to Realtor.com, this is not the case at all. Being pre-qualified is actually an initial step before...
