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The Final Walk Through and Closing Costs Of A Home Purchase

One of the final steps is a final walk-through, arranged through your real estate agent, at least a week before closing. You do this to ensure the house’s condition hasn’t changed since your last visit, and, more importantly, that any agreed-upon repairs have been made and that the terms of your contract will be met. This is because after the closing there is no going back to the seller.  The deal is finalized at the closing. You should bring along a checklist of things to do during the final walk-through, including: Check the exterior of the home, especially if there have been strong wind or rain storms since your last visit, or if there had been snow on the ground…

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Norwalk News: Man Shot

2:01am--#Norwalk CT--Reports of a man shot at the corner of Cedar and Connecticut Avenue. Police are looking for a silver vehicle with a loud exhaust.  Very few details at this moment.  UPDATE--Police are tight lipped and keeping the press back on this one!  News12 is reporting the shooting actually took place on Cedar and Elmwood Street.

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Bridgeport News: Police Investigate Drive By Shooting

12:39pm--#Bridgeport CT--Police are investigating a drive by shooting that took place in the 1100 block of Park Avenue near Washington Terrace.  Witnesses tell me that there were four shots fired and "Be On The Lookout" radio reports said police were looking for a large burgundy vehicle, there was no maek or model given.  One of those bullets found the neck of a young teen boy who was shot in the neck.  Police spokesman William Kaempffer  said the teen had non-life threatening injuries.  The boy was transported St. Vincent's Hospital, his condition unknown at this time.

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Mortgage Basics – Understanding How it all Works

While there are a number of ways to finance a home purchase, one of the most common ways to do so is using a mortgage.  A mortgage is a legal instrument that allows a finance company to advance funds for the purchase of a home, and then record on official land records the existence of the loan.  This guarantees that the lender can be protected and the title to the home cannot be sold to another person unless and until the title to the residence is clear from legal encumbrances.        The term mortgage is from the french for “dead deed,” which means that the deed is not useful until it has been cleared. You can obtain mortgage financing through…

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