acceleration clause A clause in your mortgage which allows the lender to demand payment of the outstanding loan balance for various reasons. The most common reasons for accelerating a loan are if the borrower defaults on the loan or transfers title to another individual without informing the lend
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08/11/2007
New London Film Festival Date: Sunday August 12 Time:4 p.m. Location: Garde Arts Center, 325 State St., New London; Movie: "Into Great Silence"; Cost:$9; Contact: (860)444-7373.
08/11/2007
Fee Simple Estate An unconditional, unlimited estate of inheritance that represents the greatest estate and most extensive interest in land that can be enjoyed. It is of perpetual duration. When the real estate is in a condominium project, the unit owner is the exclusive owner only of the air spa
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08/11/2007
People keep hearing about how bad the housing indusrty is these days. It could be true. But as a buyer, you can take advantage of the slump and walk away saving some money.Just remember to stick with your budget and don't get lured into buying a home that you can't afford. You might be saying, "
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08/11/2007
I joined the American Legion about 3 years back because I felt a certain need to join an organization that had a long history of helping those who served (or are currently serving) in the Armed Forces. My Father was in the Navy and served for over 20 yeasr. My uncle did the same through the Mari
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08/10/2007
Dual Agency - Occurs when the same brokerage, through one or more of their sales agents, has an agency relationship with both the buyer and the seller in a real estate transaction. There is a potential conflict of interest in this situation. It is legal, and can be managed, but the buyer and sel
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08/10/2007
Comparative Market Analysis (CMA) - An analysis made by a listing agent to assist the seller in comparing the property with others similar to it in size, features, location, etc., that have recently sold in order to establish a listing price. This is NOT an appraisal to establish market value, b
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08/10/2007
Looking to see if anyone is willing to assist me on setting up a World Tai Chi Day at the Stonington Borough.What is the World World Tai Chi Event?An annual healing event has quietly spread across the planet. Millions worldwide have experienced the healing benefits of T'ai Chi & Qigong.People who
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08/10/2007
10 Questions to Ask the Condo BoardBefore you buy, contact the condo board with the following questions. In the process, you'll learn how responsive - and organized - its members are.1. What percentage of units is owner-occupied? What percentage is tenant-occupied? Generally, the higher the perce
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08/10/2007
is it me or is there something wrong with how slow the connecticut DCP (Real Estate Division) responds to our requests ( Licensed Realtors in Connecticut) -- and we get changed for each request ( at about $25 per request)!!getting a repy that takes 3 to 4 weeks is simply not acceptable at this d
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08/09/2007
