Richard J. Shapiro
I specialize in residential real estate transactions, representing buyers and sellers, homeowners refinancing and working with many lenders and banks. Whether closing loans from Greenwich to New Haven, negotiating short sale transactions, I work personally with my clients to be sure questions may be comfortably asked, and answered. All clients are encouraged to ask the questions they may have–don’t be afraid to ask–this is your biggest purchase, and you should understand the process.
In addition to working with experienced buyers and sellers, and speaking to realtors about legal issues as a sponsor of the Mid-Fairfield County Association of Realtors, several times a month I teach homebuyer education with several agencies to first time buyers.
We work to provide the necessary knowledge for clients to comfortably sell their home, or achieve home ownership. Working with such agencies as Bridgeport Neighborhood Trust to provide counseling required by the Connecticut Housing Finance Authority (CHFA) or classes to employees at St. Vincent’s Medical Center–I hear the concerns of first time buyers–to help know how to guide clients through the home buying process.
Having worked with first time buyers for years, I feel I have a special appreciation both for their needs, the special programs available to help fund first time purchasers, and a new buyer’s desire to understand how things work. I believe that it is important to take the individual time to explain and help guide clients through this exciting but sometimes confusing adventure.
And, for home owners that have foreclosure issues, know that there are a variety of possible avenues of assistance, and I will work with you to seek solutions.
Ready to refinance? Working with you and your lender, the process can be smooth and efficient.
Contact me at our office, or email me at [email protected]
I was admitted to the bar in 1978, here in Connecticut. In 1979 I was admitted to the U.S. District Court, District of Connecticut, and in 1983, the U.S. Court of Appeals, Second Circuit. With trials in both federal and state court, both civil and criminal, including successfully litigating a murder trial, I am familiar with our court system. And, the need to sometimes counsel you about alternative resolutions that may keep you out of the courtroom.
West Hartford, Connecticut
High School, Undergraduate, and Law School
I’m a long time Connecticut resident, having attended Rippowam High School in Stamford before graduation from Purdue University in three years, with “Highest Honors”, and Phi Beta Kappa. From there, I attended Stanford University in Palo Alto, California for law school, and then returned to Connecticut, living and working in Fairfield County ever since.
The first classes I taught were about litigation for paralegals at Fairfield University’s School of Graduate and Continuing Education (1982–1987). Over the last 20 years, I regularly taught classes with first time buyers with local agencies. Currently, I help conduct classes several times a month for first time buyers in programs presented by Bridgeport Neighborhood Trust (BNT) for the Connecticut Housing Finance Authority (CHFA) and work with St. Vincent’s Medical Center’s homebuyer education seminars, and the Housing Development Fund (HDF). And, I’m a sponsor and lecturer for the Mid-Fairfield County Association of Realtors (MFCAR).
Through these contacts, I am familiar with many of the special programs that are available to first time buyers to assist in the funding of your purchase. Programs such as Smartmove from HDF, or special programs from towns, such as Bridgeport or Fairfield can provide additional assistance to qualified buyers, and I regularly work with such programs and buyers.
Here, from a closing, I explain several riders unique to CHFA loans, and the recapture tax in some detail. While the details in this video may not apply to your transaction, I think you can see that I like to respect the intelligence of my clients, be they sophisticated buyers of million dollar properties, or first time buyers unfamiliar with the process. I always encourage clients to ASK the questions they have. Sometimes things are simple–but not until you ask, and I’ll do my best to give you answers.
A closing should be more than “just sign here”. Taking the time and care to see that clients understand what they are signing matters, and this is one example. (Note that the subject of this video, a “recapture tax” has changed recently, where currently the State of Connecticut is providing that should the tax discussed apply, that Connecticut will reimburse such tax.)