Foreclosure is a daunting prospect for any business owner. However, there are effective strategies to defend against it and help businesses navigate this challenging situation. 1. Procedural errors Challenges to the foreclosure process often stem from procedural...
real estate law
4 tips for your first real estate transaction
Connecticut is a great state to purchase a home. If you are a new family looking to buy your first home, there are a few things you need to get in order. This article provides a brief overview of the home buying process in Connecticut. Continue reading to learn more...
What does the real estate market look like for 2020?
The real estate market began as expected in 2020, but the recent coronavirus pandemic has had an impact on the first quarter. The National Association of Realtors reports a 11% drop in potential buyers and expects a 10% reduction in sales. Unfortunately, this downward...
Do not give a scammer the title to your house
Real estate scam artists are on the prowl for vulnerable homeowners in Connecticut who are having problems making their mortgage payments. If they can, mortgage scammers will try to gain ownership of your home through offers to renegotiate your mortgage or other forms...
What happens at your real estate closing?
When you buy a Connecticut home, it likely represents one of the biggest investments you will ever make. It also likely involves a reasonably long process. If this is your first home buying experience, you probably have many questions, especially with regard to your...
Understanding commercial leases
At Gregory and Adams, P.C., in Connecticut, one of the things we do most often is help business owners solve the legal issues surrounding their real estate transactions. We, therefore, negotiate and draft many commercial leases and thought it might be a good idea to...
Buyers beware: what to know about FSBO transactions
Homes for sale by owner ("FSBO") transactions are growing in popularity due to the recovery of the housing market. To avoid the cost of paying a commission, many homeowners attempt to sell their properties without help from a real estate agent. As a buyer, it is...
Don’t deal with important real estate law decisions alone
Real estate is one of the biggest investments your business will make. Unfortunately, Connecticut real estate law can be incredibly complicated, and making the wrong decision can have a profoundly negative impact on your future operations. In all matters of real...
Land use litigation: Three hurdles to settlement
It is not uncommon for disputes over land use laws to end up seeking resolution through traditional litigation. There are many hurdles that can make negotiating a settlement in these cases difficult. Three hurdles that often keep the parties from reaching a settlement...