A homebuyer usually provides a seller with earnest money, also called a good faith deposit, when making an offer on real estate. The funds let the seller know the buyer is serious about the property. A substantial deposit is essential in a hot market when the seller...
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Navigating the home inspection process as a real estate agent
Getting through the home inspection process can prove rather tricky for real estate professionals. Whether you have gone through the motions hundreds of times or are relatively new to the industry, inspections can throw anyone for a loop. Here are a few tips to help...
Protecting a property from slander of title
Home sellers must concern themselves not only with how the physical state of a property affects its value but also the perception of the real estate to ensure a fair and profitable selling price. Slander of title can negatively impact a property's value, so sellers do...
What you should do if your clients do not want title insurance
As a real estate agent, you understand the excitement and anxiety your clients feel when they purchase a home. Due to the cost of these investments, homebuyers might not see the value of purchasing title insurance. Your job is to explain that this tool is one of the...
Flood insurance rules changes could impact some Connecticut homes
Any homeowner can experience a flood, but for those who live in the highest risk areas, the price of flood insurance can have a major impact on their budgets. The Federal Emergency Management Agency is introducing a new flood insurance premium assessment system that...
Home shopping tips for the hot Hartford market
As real estate prices rise and demand far exceeds home supply, buyers may wonder about the right time to buy a home in the Hartford, Connecticut, area. Paying attention to trends provides some insight into the next steps for those planning to settle near the state...