First, someone needs to obtain credentials to sell the real estate. If the deceased has executed a Last Will and Testament prior to their death, an executor or executrix will have been appointed. Typically a Will grants the executor or executrix the power to sell real estate without approval of the probate court. When an individual has died WITHOUT a […]
1. Get Pre-Approved Before you begin house hunting, the first thing you need to do is get your financial house in order. Set up a meeting with a loan officer from a bank, mortgage company, or credit union. The loan officer will want information from you regarding income, assets, and debts. (Don’t forget about those student […]
If you believe your property has been overvalued, read on for more information on how to appeal your property tax assessment. Any person “aggrieved by the doings of the assessor” (i.e., any person who believes the Assessor has improperly valued their real estate) may appeal the action to the local Board of Assessment Appeals (BOAA). […]
Below are four things unmarried couples should consider before purchasing a home together. Sharing FinancesThe first step an unmarried couple should take before buying a home is to discuss their finances and goals. It is important that unmarried couples have an in-depth conversation to discuss how they plan on sharing expenses of the home, current […]
One of the primary explanations for the recent surge in prices is a lack of inventory, i.e., “supply and demand.” Houses are going under contract within days of being listed (sometimes the same day), bidding wars have returned, and some homes are selling for tens of thousands above the asking price. Giddy prospective sellers are […]
At Kahan Kerensky Capossela, our highest priority is the health and safety of our clients and our employees. Pursuant to achieving that objective, KKC has adopted extensive protocols to ensure everyone’s safety, while efficiently and effectively conducting smooth and successful real estate closings for our clients. Every morning each employee’s temperature is taken and recorded, […]
Connecticut Transfer Act: a Brief Overview The Transfer Act was enacted in 1985 with two broad objectives in mind: Before the Transfer Act was revised, it defined an establishment as any property or business that, on or after November 19, 1980 (i) generated more than 100 kilograms of hazardous waste in any one month (except […]
