Buying a Home in Connecticut This Fall: A Practical Offer-Readiness Plan

Homebuyers touring a Connecticut home with a real estate agent in fall

By Tom Wetmore | October 2026 Buying a home in Connecticut can feel urgent once the right property appears. The strongest way to respond is not to rush. It is to do the thinking that turns an exciting showing into a confident, well-supported offer. Before you begin touring seriously, get clear on your payment range,…

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What Is a Short Sale?

A short sale is a good way to prevent a foreclosure should you become unable to pay your mortgage payments. Because a foreclose realizes a considerable loss to the bank, most lenders will approve a short sale in order to avoid this unfortunate scenario. A short sale takes place when a homeowner sells the home…

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Some Facts About Short Sales

Know if You Qualify If you have a provable hardship that is preventing you from affording your monthly mortgage payments, you may qualify for a short sale. A hardship can include illness, death, unemployment or divorce. Keep in mind, if you have a significant amount of liquid funds available with which to pay the mortgage,…

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Questions About REO

What Is Real Estate Owned? Homes that have been foreclosed on are called REO, or real estate owned (by the bank.) Borrowers who have variable interest rates and first time home buyers are especially at risk of experiencing foreclosure on their homes. What Is the Typical Condition of an REO? Foreclosed homes are typically in…

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