Mailing Address: PO Box 27 
Gales Ferry, CT 06335-0027
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REAL ESTATE lAWYER sERVICES

Anatomy of selling a home

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Real Estate Law Services

Anatomy of selling a home

Do I need an Attorney

In Connecticut, all parties are customarily represented by an attorney. We do a lot for you.

  1. ‍ From the legal aspect, the biggest thing we do is review the title search information given to us by the buyers’ attorney and work with you to resolve any title issues.
  2. ‍From a practical aspect, we, along with your real estate agent, will keep track of your closing, and the outcome of the inspections done by the buyer.

What type of disclosures do I have to make to the buyer?

In most Connecticut real estate transactions the contract signed without attorney review. If you have not signed a contract, you may want to have your real estate agent include a provision in any contract you sign that allows you to have us approve your contract.

Your contract will contain a closing date which a GUESTIMATE. The actual date of closing may be a days or weeks earlier or later than the date on the contract. If you to MUST close ON a specific date, tell us immediately.

What about the contract?

We will also insure good title through a title insurance company for you, if you choose, and or your lender (you must buy it to get a loan). We STRONGLY recommend that you purchase a "title-plus" Owner's Policy of title insurance with extended coverage benefits. In addition to standard benefits, which insure marketability of your title, you will also be covered other potential problems which may arise with the ownership of your home.2 - From a practical aspect, we, along with your real estate agent, will keep track of your closing, check the progress of your mortgage application and the outcome of the inspections you choose to do.

What happens at closing?

The “closing” is where you actually transfer ownership of your property. It is also where you get paid for it (although you can’t cash your check immediately). (If you do need immediate access to your money, please ask us to arrange for a wire transfer for you. If you are purchasing another home in state, you will be able to take your check from the closing to that closing. If you are immediately purchasing another home out of state you will probably need a wire.) Both sellers, buyers, their attorneys and agents will be there. Usually the buyers will inspect the property (“ pre-closing inspection”) immediately prior to closing. Any problems found are then, hopefully, hammered out at the closing table.

You will sign the deed transferring title to the buyer. After the buyer signs all the mortgage documents, the deed will be recorded on the land records. You can then cash your proceeds check from the sale.

What about the Contract?

In most Connecticut real estate transactions the contract is signed without attorney review. If you have not signed a contract, you may want to have your real estate agent include a provision in any contract you sign that allows you to have us approve your contract.

Your contract will contain a closing date which a GUESTIMATE. The actual date of closing may be a days or weeks earlier or later than the date on the contract. If you to MUST close ON a specific date, tell us immediately.

What happens at the end of a closing?

The “closing” is where you actually take possession of your new home. It is also where you pay for it. Both sellers, buyers, their attorneys and agents will be there. Usually you will inspect the property (“pre-closing inspection”) immediately prior to closing. Any problems found are then, hopefully, hammered out at the closing table.

The seller will sign the deed transferring title to you. You will sign the mortgage documents transferring that title to the lender. This is how the lender helps to ensure its interest in the property is protected. (The lender only has “conditional” title; when you pay off the mortgage, the lender transfers title back to you). You are left with the rights of possession (you can live there) and of equity (you own whatever value there is in the property beyond your mortgage amount).

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