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Property Condition Disclosure Report Revised to Encompass Dams (CT)

Effective October 1, 2021, the Residential Property Condition Disclosure Report will be amended to include a question relating to dams. (See Public Act 21-41) Sellers of residential property will now be [...]

By |2021-07-14T13:36:40+00:00July 13th, 2021|Firm News|Comments Off on Property Condition Disclosure Report Revised to Encompass Dams (CT)

New Law Releases Department of Social Services Liens on Real Property (CT)

A new Connecticut law is resulting in the release of existing Connecticut Department of Social Services (DSS) liens on real property, and is also limiting the extent to which the state [...]

By |2021-06-25T13:43:30+00:00June 24th, 2021|Firm News|Comments Off on New Law Releases Department of Social Services Liens on Real Property (CT)

Fraud risk factors at closing increased almost 90% last quarter (Q1 2021)

Contributing to the risk of wire and title fraud in Q1 were significant regulatory and risk challenges As housing professionals navigate regulatory changes and accelerated tech adoption, wire and title fraud [...]

By |2021-06-11T13:18:20+00:00June 11th, 2021|Firm News|Comments Off on Fraud risk factors at closing increased almost 90% last quarter (Q1 2021)

Mortgage rates drop, but not enough for priced-out homebuyers

Total mortgage application volume decreased 3.1% for the week, according to the Mortgage Bankers Association’s seasonally adjusted index. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances [...]

By |2021-06-11T13:11:58+00:00June 10th, 2021|Firm News|Comments Off on Mortgage rates drop, but not enough for priced-out homebuyers

Judge Tricked Out of $1 Million in Real Estate Transaction Wire Transfer Fraud Scheme

Published yesterday by Fox News is just another story of what has impacted the real estate industry for the last couple of years, wire transfer fraud schemes.  In this case it was a [...]

By |2021-05-13T13:53:54+00:00June 23rd, 2017|Firm News|0 Comments

Donald Baillie Recognized by Worldwide ERC Distinguished Service Award

Donald S. Baillie, President of Associated Attorney Title and Closing Company, has earned a second Distinguished Service Award from Worldwide ERC®, the workforce mobility association. The award will be announced at the [...]

By |2021-03-31T22:15:35+00:00February 1st, 2017|Firm News|0 Comments

“The Loan Estimate & Closing Disclosure. What you need to know as the HUD-1 is replaced!”

You're Invited! The Law Offices of Baillie & Hershman, P.C. and Associated Attorney Title & Closing Co., P.C. are pleased to present *CFPB Update* "The Loan Estimate & Closing Disclosure. What [...]

By |2021-06-24T14:37:37+00:00April 15th, 2015|Firm News|0 Comments

New Law Affects Residential Home Sales by Jay N. Hershman

After a tragic 2011 Christmas Day house fire in Stamford, Conn., the state legislature set out to institute protective measures for homebuyers. There is now a requirement that sellers provide buyers [...]

By |2021-06-24T14:42:55+00:00April 22nd, 2014|Firm News, Uncategorized|0 Comments
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