Asbestos is a natural fibrous mineral commonly used in various construction related items. Before the 1980s, this mineral was widely used in almost every construction project whether residential or commercial. Asbestos is heat & flame resistant. That means you can use it for property insulation. You can use it to insulate hot water pipes. Since … Continued
In part-1, we discussed, why should you prefer short sale over a foreclosure. A foreclosure is an expensive option. You lose your home, and you are still liable to pay the remaining balance. On the other hand, the lender forgives your debt after a short sale. In this article, we’ll discuss the short sale eligibility … Continued
A short sale occurs when you have an underwater property. Let’s say you bought a house back in 2005 for $100,000. You took out a mortgage worth $95,000. Now, after years, the value of your home is $65,000 and the outstanding mortgage is worth $75,000. That means, even if you sell your home, you still … Continued
Is it possible to sell the house after the foreclosure process has begun? Yes! Once the process begins, there are chances that you can lose your home. The laws vary from state to state. If your lender is using a non-judicial foreclosure process, it can take a few weeks to a few months before the … Continued
Probate itself is a complicated process. The circumstances we face make it even more challenging. Experts recommend starting as early as possible. It’s an emotionally challenging time. Many people don’t do a thing for a year or so and then start thinking about dissolving the estate of the deceased person. Don’t do that because that … Continued
Have you inherited a house? Do you think you should keep the home or sell it? It can be a frustrating experience because you need to consider several factors. The home’s condition, pending debt, the number of heirs and local laws can affect your decision. Is the House Clear & Free? You need to collect … Continued
In today’s post, we’ll cover how can you avoid scams in the market. Stay away from buyers who are looking to take advantage of your situation. Selling house fast in Connecticut is an available option, but more often people think of selling fast when they are short on time. When you’re moving, downsizing, or experiencing … Continued
How do you sell an empty property? Most people consider this question when they have to move out and want to sell their previous residence. An empty house doesn’t appeal to the target market, and that’s why it becomes challenging to sell a house without its accessories. This article shares tips so you can sell … Continued
Can you sell a house before the divorce is final in Connecticut? What is the procedure? What are the benefits and disadvantages of selling a home before or during divorce? In this article, we will discuss the essential concepts. Connecticut is not a community property state. That means the marital property is not necessarily divided in a … Continued
What are the pros and cons of selling to a Connecticut, home buyer? Are they real people? How do they buy my house? Don’t they buy houses for a low price? We get this question a lot. During the consultation, we answer these questions for our customers. Here we’re writing this blog to address your … Continued
An inherited property in Connecticut can be a beautiful gift, an opportunity to improve your life but there are emotions involved in the process. You are dealing with the loss of a loved one, and you have to deal with legal complications and family issues. Inheriting a house in Connecticut is not straightforward. Unless you … Continued
Short sales and foreclosures are both two sides of the same coin. During a foreclosure, the bank will sell your home to recoup their investment whereas, during a short sale, your lender agrees to accept a reduced amount for your house. Both the short sale and the foreclosure will reduce your credit score, but there … Continued
Credit counseling is considered an alternative to bankruptcy chapter 13. Your credit counselor will propose a payment plan to help you pay back your debts. According to the plan, you will continue to pay a portion of debt each month. Some of the credit counseling agencies are partially funded by credit card companies. The credit … Continued
