closing costs: Closing Costs for a Real Estate Closing in Connecticut - Get A Quote!
- 11/03/11 03:33 AM
Connecticut has historically been an "attorney" state meaning that attorneys are the ones performing real estate closings. Once upon a time this was all closings, purchase, sale and refinance. It is still true for purchase and sale, but for refinance in many cases the attorney has been replaced by a "title company." This is sometimes the actual title insurance company, i.e. First American or Chicago Title or one of the other national title insurance companies, and it is sometimes a title company that in fact is an "escrow agent" or "title agency" or "settlement agent" from out of state. In many states, it is … (0 comments)
closing costs: What is Title Insurance and Should I care?
- 01/06/11 08:46 AM
Title insurance is one of those things that many people purchase and very few understand. The extent of most people's knowledge, even those who are involved in the real estate closing process, is frequently very limited and sometimes outright wrong! I thought I would try to give a brief overview of title insurance. I have practiced real estate law for many years, including working for lenders and for title insurance companies. My experience has entirely been in Connecticut real estate law, but much of this blog post will equally apply to other states. The basic concept of title insurance is that it … (3 comments)
closing costs: People are Refinancing their Mortgages again! Closing costs?
- 08/17/10 02:54 PM
Not that this is news to anyone, but rates are amazingly low and staying low! People who can (equity and good credit) can get amazing rates. But you still have to pay closing costs. I have written about this before, but it amazes me that people refinancing try to save a few dollars on their closing costs here in Connecticut and do not use an attorney. When you compare the charges by a so-called title or escrow company (none of which to my knowledge are based in Connecticut) with what a local attorney (i.e. me!) charges, In many cases I actually … (3 comments)
closing costs: Do I need an Attorney for my Connecticut Mortgage Refinance?
- 01/08/10 01:36 AM
While the topic of this blog post is titled "Do I need an Attorney for my Connecticut Mortgage Refinance?" the better question is not if you NEED an attorney for your mortgage refinance in Connecticut, but SHOULD an attorney do your mortgage refinance closing? Of course as a CT attorney performing many mortgage refinance closings, you may consider my answer biased, but I say why would you NOT want an attorney to do your closing? Answers people may give are expense and/or convenience. Based on my own experience, the answer to both questions is that the attorney is usually no more expensive … (0 comments)
closing costs: What are the Typical Closing Costs on a Connecticut Mortgage Refinance?
- 10/08/09 02:38 PM
With mortgage rates at new lows, people all across Connecticut are once again applying for and closing on refinance loans. Even with the drop in real estate values and the changes in the types of mortgages that are available, many people can and are refinancing. With rates this low, now is the time to refinance your CT mortgage if you can! But along with the rate and the other parts of your mortgage approval, a borrower should also consider their closing costs. Who does refinance mortgage loan closings in Connecticut? Do I have to use an Attorney? Historically in Connecticut, mortgage loans have been closed … (0 comments)
closing costs: Real Estate Contract Purchase and Sale Agreement Process in Connecticut
- 10/01/09 03:30 AM
What is the real estate contract purchase and sale agreement, for purchasing or selling residential real estate in Connecticut? What will my Connecticut real estate attorney do? What will my Connecticut real estate agent do? If you are thinking of buying or selling a home in CT, it is important to understand the basic process. Please note that the following is not legal advice but is designed as information. Please contact your attorney for legal advice. If you wish to contact me to discuss a particular situation or to retain me for your CT real estate closing, please go to my … (1 comments)
Connecticut has historically been an "attorney" state meaning that attorneys are the ones performing real estate closings. Once upon a time this was all closings, purchase, sale and refinance. It is still true for purchase and sale, but for refinance in many cases the attorney has been replaced by a "title company." This is sometimes the actual title insurance company, i.e. First American or Chicago Title or one of the other national title insurance companies, and it is sometimes a title company that in fact is an "escrow agent" or "title agency" or "settlement agent" from out of state. In many states, it is … (0 comments)
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