National Home Owner Month

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Episode Transcript

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more at okillct dot org. Nowhere's your host for Pulse of the Region,
Kate Bowman. Hello, Hello,we are back for another episode of
Pulse of the Region. I amyour host, Kate Bowman, and we're
recording today from the City of Hartfordand the Key Keane Building as so many
people like to call it, ormaybe it's just me, but fantastic to
be downtown today recording because today weare getting the pulse about homeownership and now

(01:10):
June was National Homeownership Month, sowe're going to dive into where the housing
market stands today and really it's impacton perspective homebuyers here in Connecticut. So
very excited to have two guests joiningme here today. We have one in
studio, which I have to behonest, I always like to look across
and see a face. It's nicenot being back here alone. So with

(01:30):
that first joining me here in studiofrom Liberty Bank is their head of retail
lending, Matt Camerata. So Matt, so good to have you here.
So great to be here, Okay, especially in person, it's exciting.
I don't think you've done this sincethe pandemic ended. So no for having
of course, of course, soglad that you're here. And additionally two
we have one of our guests joiningvia phone, which is also great too

(01:51):
because you get people that sometimes yourschedules get crazy and you're able to still
join us here. So we haveJeremy Potter who is with Title Look.
He is strategic advisor with Title Look, but also serves on the board of
Katik. So I'm sorry and Kadikkadok. This is Matt. I've asked
you this twenty times and I'm stillsaying incorrect. But Jeremy, welcome to
the show. Thanks Kate. Greatto be here, of course, of

(02:15):
course, so first things first,love to give it a brief introduction,
and Matt, certainly Liberty a Bankhas been such a great partner to the
Metro Hertford Alliance and has been onthe show before, but I always think
it's great to kind of give arefresher on who you guys are and really
kind of what you're doing here inour region. Oh, thanks so much.
So Liberty Bank about seven billion inassets, the second largest bank in

(02:35):
Connecticut, the largest and oldest mutualindependent mutual in the country, which is
saying a lot. So obviously Libertylocal decisions. We have lenders in your
market, which is really special,and being a mutual, were committed to
our customers and our communities, soa little different from being held to your

(02:57):
stockholders as an example. So Libertyis such a great play and I think
the most important thing is that thebank is absolutely committed to retail lending,
residential lending and improving home opportunities inConnecticut. Fantastic. No, I'm excited
to talk more about that today.So first thing, so Jeremy would love
if you don't mind giving us alittle bit of an overview about Title Look

(03:19):
Sure. Title looks a title insurancetechnology platform. And one of the things
about title insurance that is I thinkkind of interesting but also makes it a
challenge is it's often misunderstood or notunderstood. It's one of those things that
gets put right. It's one ofthose things that gets put into a real
estate closing. You're told you haveto have it, You're told you need

(03:40):
it. For a lot of consumers, a lot of homeowners. There isn't
a lot of clarity. There isn'ta lot of transparency. And so when
we think about moving from a paperworld, something that the real estate industry
and real estate closings are known for, the stocks of paper and the signatures,
moving into a digital world of dataand transparency, hopefully we're able to

(04:00):
reduce that paper and get much moretechnology end of the system so that people
can really understand. And when Isay people, that means companies, banks,
and attorneys. We'll talk about ina second being able to seek end
access title insurance data so that realrisk of who owns the home and understanding
how much about the home is protectedfor both the lender and the homeowner.

(04:27):
Title Look actually digitizes all of that. So you put a PDF, so
you put in documents and what youget out is a digital interface for your
title insurance review. And then thepeople that do that review are those attorneys
that represents that catch supports, soreal estate attorneys across Connecticut can actually work
off of data and technology instead ofpaper or PDF. And so it's just

(04:49):
continuing that march that evolution so thatwe bring clarity and transparency to something that
is often overlooked or misunderstood title insurance, and then powering the expert which is
the attorney, to better explain itand better and be more efficient, ideally
driving down the cost and the feesassociated with that closing. And so well,

(05:10):
I know we'll talk about it alot today, but that's how Title
Looking KADOK kind of work together isbringing a lot more efficiency and then really
empowering those experts to explain to consumershere's what we're doing, Here's what's going
on with your home. Here's whattitle insurance is, and here's why it's
so important to you. It's reallythe attorneys that do that. They need
tools to be more efficient. Okay, fantastic, And you mentioned KADOK and

(05:32):
I will say, for anyone whodoesn't know, it is the Connecticut attorney's
title insurance company. So I wouldlove it, Matt, if you don't
mind kind of talking a little bitabout your involvement there with the board and
then Matt, I'll have you touchedon because I know Liberty Bank is also
involved. Yeah. Sure, SoI'm a board member at KADOK represents you

(05:53):
know, underwriting the risk, underwritingthe title insurance on behalf of those attorney
agents that you know work with consumers, tech consumers and teach consumers about the
process. And so you can thinkof Kadok as the insurance company, and
you can think of the attorney asthe agent out there working with the consumer
all day, every day. AndKadok has made a pledge to increase the

(06:15):
affordable housing opportunities, to lower thecost and to increase diversity, equity and
inclusion in housing in Connecticut. Andso part of the partnership that KADOCH has
with Liberty Bank includes those pillars forhomeowners and potential homeowners in Connecticut. And
so Matt can talk a little bitabout Liberty Bank. We've so last year
we partnered up with Kadok in areally unique approach which included Kadok, Liberty

(06:42):
Bank, and the City of Hartfordto make homeownership more affordable in Hartford.
Definitely, No, that's so great. And you know, kind of before
we dive more into that partnerships intokind of what both all of it organizations
are doing, is want to takekind of a look at just the state
of the state in the housing markettoday. And Matt, I'm gonna put

(07:02):
this one over to you, butreally kind of where does the housing market
stand today, you know, bothkind of from a national lens and then
also what are we seeing here inConnecticut And maybe those are one and the
same, but I'm sure some differentialsas well. It is the housing markets
wild, It's probably the best word. Yeah, values are rather significantly,
specifically in Connecticut, inventory is extremelylow. So in other words, typically

(07:28):
before the pandemic, there were timeswhere we had fifteen to twenty thousand houses
listed for sale at any one pointin Connecticut. Today, Kate that number
is down to about thirty five hundred, So just think about that, right,
thirty five almost twenty thousand and fifteento twenty. So there's just no
inventory. So that that does acouple of things. It's it obviously drives

(07:50):
up the price, but it alsomakes it super competitive. So what we're
hearing from real estate agents, fromour loan officers is that you're going to
buy a house today. Let's sayyou're let's say it listed on a Thursday.
By Monday, there could be fiveoffers, and it makes it really
challenging because now the seller, insteadof maybe one or two offers, there

(08:11):
might be ten. The seller housechoices and I hate to say it,
but if you're paying cash and I'mlooking to get my loan financed, if
our bids are the same, theseller might go with someone that's willing to
pay cash. Right. So that'sone I think the housing inventory is really
tough. I think the second thingis just interest rates, And obviously everybody
knows what's going on. I thinkpeople pay attention more to prime rate and

(08:35):
the FED and when they move,but I think more impactful to the mortgage
market is just mortgage rates. Soagain, consider this, mortgage rates were
in the three three and a halffour percent range, you know, during
the pandemic. Today the average rateon a thirty or mortgage is somewhere close
to seven percent. So it's it'sdifference, right, And so obviously the

(08:58):
cost homeownership has gone up, butthat alone could push someone out of the
market. So maybe I was ableto afford a two hundred and fifty thousand
dollars home two years ago, maybetoday I could only afford one fifty.
That's a huge difference, and nowall of a sudden, I'm out of
the market. So it's it's wildand I don't honestly, I look at

(09:20):
look at these numbers frequently. Idon't see anything changing anytime soon. But
obviously it's it's all cyclical. Atsome point, inventory will increase, rates
will likely come down, but whoknows when that will happen, right,
I would say, and not todayand not tomorrow either. So it's and
you know, with this too,really is impacting first time home buyers.

(09:41):
And you know, because at thatpoint you don't have a property you're selling
and maybe making a little more moneyoff of to then move into a new
home. So Jeremy would love foryou to touch on, you know,
really, just how is this housingmarket kind of affecting the first time HomeBuyer.
Sure, as Matt just mentioned,there are a lot of economic issues
kind of pushing down against the firsttime HomeBuyer, not just in the current

(10:07):
interest rate environment, but you know, the starter home is one of the
things that first time homebuyers used tocount on that you could you could note
that as families grew and as peoplewent through different life events or milestones,
they would move out of their starterhome, opening it up for first time
home buyers. And a lot ofthe economic conditions we're going to talk about
around income or credit score or debtstudents that in particular, fewer and fewer

(10:31):
people are able to move up,or people who have the great mortgage rates
from the last five years or sixyears don't want to move out of their
existing home, so there's less downsizingas well, and so as a result,
some of the supply issues are justrelated to that, and there are
fewer starter homes or affordable units thatfirst time homebuyers can yet. But even

(10:52):
if you found one and you gotthrough the contracting process and the competitive process,
it means that also had to save. Well, rents are rising,
and we're rents go up and up, so it's harder to save for that
down payment. And then I mentionedcredit score and debt, well, student
debt has been an increasing challenge fora lot of first time home buyers and

(11:18):
balancing that debt to income ratio thatyou need. What am I making?
Is my income progressing as fast asthe economy or as fast as inflation?
And am I able to pay someof that debt? And then if you've
kind of gotten through all of those, one of the foundational fundamental issues that
lending institutions uses the FICO score yourcredit score, right, and so are
there are a lot of historic issues, as you know, relative to how

(11:41):
fight Goo scores measure as are alwaysjust modern issues to that debt I mentioned
and all the things the first timeHomeBuyer renter has to pay for. We're
seeing lower fight Go scores in alot of communities, of communities of color
for some home buyers. Again,some for historic reasons and some for just
modern economic greeting, and so overcomingany one of those is challenging for a

(12:03):
lot of first time homebar you stackup four or five of those together,
and first time home you know,buying your first home can feel really daunting
or it can feel very difficult fora lot of people, and so I
think, you know, there's aracing kind of awareness, and then there's
also the steps you can take towork through each of those issues as you
prepare for homeownership. Okay, no, thanks so much for explaining that.

(12:24):
And Matt, I don't know ifthere's anything you want to add to that,
just looking here in Connecticut, anybarriers that are really impacting that first
time homeowner, you know, kindof grouping, I think one of the
things. So obviously credit history isimportant. We talk about that, but
Jeremy and I talked a few weeksago also about just having enough savings.

(12:45):
So banks are typically look, youneed a downpayment, typically right whether and
look, there are some programs whereyou can do it with none or three.
But even even if you have asmall or a program that doesn't require
a down payment, you still needto have reserves. Yes, right,
A bank is going to make surethat you have at a minimum, a
bare minimum two months of reserves.So if your payment is two thousand a

(13:07):
month, the bank is going tosay Listen, you need to have four
thousand dollars in savings. That's hard, right. It really could be a
really difficult hurdle for individuals to overcomewhen they're paying for closing costs and potentially
having to put some money down aswell. Okay, there was just one
quick thing I wanted to You know, Jeremy talked about rents and rents going
up, and I think we talkabout it, probably not frequently enough,

(13:31):
that one of the huge benefits ofhomeownership is if you think about it,
other than taxes going up a littlebit marginally, you know, right every
year. Yeah, your mortgage paymentis fixed for thirty years. So think
about a typical whether whether you're buyingyour home in your twenties or your forties,
your income hopefully should rise by certainlevels over time. Rents are going

(13:54):
up. If you own a home, you're not dealing with that. It's
pretty remarkable. And so homeownership historicallyin the US is one of the primary
and most important ways to build generationalwealth. So you think about a family
that has maybe never owned a homebefore. So, and I've learned this
from some of our loan officers thatwork in our cities, and towns,

(14:16):
and it's not just UK, it'syours. It's not just me, Like
if I'm a first time HomeBuyer,it's my children as well, I'm building
equity point for them for my family. Yes, No, definitely, and
it's it's wonderful too where I thinkthere's a lot of resources and there are
kind of ways that organizations organizations arelooking to help. So Jeremy, I

(14:37):
don't know if you good chime inkind of from your perspective, is you
know, what is KADOK doing inorder to kind of help these help first
time homebuyers and just really homebuyers ingeneral. Yeah, So the way that
KADOC looked at strategic partnerships across Connecticutmean working with banks, as you heard
like Liberty Bank, to say,how do we in in programs, how

(15:01):
do we support programs where the combinationof the lender with that support or that
representation from someone who's guiding the customeralongside the loan officer from the bank can
actually bring education and opportunities. Sothat could be one of the supply issues
that you think about. How doyou partner with strategic organizations ahead of banks

(15:24):
to get new homes or new supply, So Habitat for Humanity is an example
of a partnership that both CADOC andProliberty Bank have that brings potentially new homes
into a market into online By thenyou also have to think about affordable housing,

(15:46):
and one of the things that tendsto happen, especially with new developments
or new supply, is affordable housingget set aside. But it's still very
hard to access or qualify for formany people because of the zoning of the
community in which it was built,the incomers, or the income restrictions on

(16:07):
a percentage of that development being setaside for affordable housing because of these kind
of very restrictive laws. One ofthe things that CATCH can do and is
doing, is working with the commercialreal estate industry on their issues around development.
So working with you know, commercialreal estate and women of color groups

(16:30):
to push not just di issues intothe industry, but also raising awareness of
how the commercial real estate developers canunderstand affordable housing issues and first time home
buyer issues through the legal community andthe representation because title insurance actually works on
both types of property, residential andcommercial. And then the last way,

(16:53):
the last way is trying to lowerthe cost. So I mentioned bringing in
technology, and I mentioned bringing inpotions so that that attorney can be the
true counselor and advisor, and thecost of the actual insurance and the cost
of some of the other things relatedto that service can can go down,

(17:17):
and there can actually be either nocost or lower cost loans in partnership with
groups like lenders, like banks likeLiberty Bank, and with CHAFF you know,
the housing Finance Agency in Connecticut aswell. So the biggest thing for
Catechists trying to look across that wholeecosystem, how do how do we operate

(17:37):
in the community with the consumer raisingawareness and supporting their attorneys, but then
also work with the developers and thecommercial piece of the ecosystem to bring some
more perspective to that group. Andthen that way, the entire ecosystem is
thinking about these affordable housing, socialjustice, and first time HomeBuyer issues.
Perfect it's kind of putting all thepieces of the puzzle together in a way

(18:00):
to kind of, you know,build up that opportunity. So and you
know, Matt, there are youknow, some additional resources available, especially
some here locally. If you couldtalk about those a bit there's a ton
and it's so hard because I thinkif you're a first time HomeBuyer, especially,
you can get lost in the weed. It's a lot um. So
I mean I always say contact alocal real estate professional, contact a loan

(18:22):
officer, a local bank, especiallylike Liberty. But just to name a
couple, so, chfa UM hasa program called Time to Own, which
is really remarkable. You can getto twenty five or fifty thousand dollars um
certain areas, certain qualifications. There'sthere's also organizations like hdf UM. But
there's one right in Hartford called HouseHartford that helps people kind of it's uh

(18:47):
specifically for I believe low modern incomeindividuals. But House Hartford is a is
a really good um agency if iffolks are interested, what's great about Just
to talk briefly, Househardford only hassix partners that they work with. There's
only one bank that they work with, which is Liberty. So there's one
credit union, there's four non bankfinancials okay, and there's one bank which

(19:10):
is Liberty. So if you're lookingto partner with House Hartford, sure you
can go to one of those mortgagecompanies that might be national and originate five
hundred billion or one hundred billion ayear. If you're looking to go local,
there's a local credit union that's basedright across the river. And then
there's one local bank which is Liberty. Okay, nice, very nice one
and kind of just helps streamline theprocess a little bit. Go there for

(19:32):
resources and then you know, helpingpoint point in the right direction. But
that's the thing, right, Likeyou can go to House Hartford. That's
just one I can give you anexample, right, So we talked about
how home ownership is really difficult.So we had Kelly Meuser on one of
our one officers. Dante Galvaz,who's in the city of Hartford, does
this better than anybody. You couldhave a bar where that may only qualify

(19:53):
for let's say in ninety thousand dollarsmortgage. You're not going to find much
with ninety thousand, right, right, So you start layering some of these
things on. So you get HouseHartford. Maybe that adds some downpair assistance,
right. Then you work with HDFright, so now you got three
parties involved. Then you work withperhaps FHLB or CHFA, right, CHAFFA,

(20:18):
and now there's up to four orfive. So the point is,
while you may only qualify for aninety thousand dollars loan, it's possible to
get into a house that might beworth two fifty, which is nuts if
you think about it. With allof these and I honestly, I'm sure
there are some others that you know, other than Liberty that that do it.
But I just haven't run into people, run into other other companies that

(20:42):
really know the market. I'm nottrying to sound like a commercial because when
you're no, not at all,but that know the market, know what's
available in their market. I thinkthe most important thing you just need people
that are local, that are intheir market. That's honestly something I've learned
because a lot of our loan officersin these communities, some we've had for
many years, some we haven't.We've hired quite a few folks, like

(21:04):
we just hired someone in New Haven. You have to be you have to
know House Hartford exists, you haveto know HDF exists, you have to
know what CHFA has to offer.AHLB as an example, right Federal Homelan
Bank of Boston just came out witha pilot program. It's giving up to
fifty thousand dollars, right, pretty. So the point is there's so many

(21:27):
different things partnering with a local companythat can put it all together. I
was just gonna ask that, Yeah, right, So you can find FHLB,
you could find HDF, you couldfind House Hartford. But finding someone
in your community that could actually pileit all together is really the differentiator.
So we're able to get you know, individuals that normally might only qualify for

(21:51):
ninety thousand, but here they arein a house, their first house worth
two hundred and fifty thousand, whichis really remarkable. That is definitely and
you know, certainly some additional resourceis to you know, and but back
to your point, mat is,you know, there's so many resources,
so it's great to go with someonewho can help point you in the right
directions. But I want to touchinto, you know, the state budget
was we all know just past andis there anything specific within this year's budget

(22:14):
that's really going to help, youknow, kind of again help solve some
of these problems of finding affordable housing. I don't know if you want to
start with that, and Jeremy willhave you Chaen and Jeremy, I'd love
your thoughts. And I think informationis still coming out, but we talked
about Jeremy talked about the lack ofaffordable housing, and so one of the
things, from what I understand,it's in the budget our incentives. So

(22:36):
we've been talking a lot about incentivesthat help the buyer. Right. These
are incentives that are going to helpa builder, right, or a bank
lend to a builder to build affordableunits. Go back to that inventory,
that's it, right, all theway back to the beginning. So thirty
five hundred units available, but that'sthe entire state. So how many of

(22:57):
those units are truly affordable? Howmany of them are pick a number right
below two hundred thousand, it's it'snot a big number. So from what
I understand, there's a fair amountof money in the budget. Programs are
coming out. My understanding, it'llbe a Department of Housing and CHFA that
are working with local banks like Libertyto establish a program that will help builders,

(23:22):
communities, maybe even some companies cometogether to just create additional stock,
additional inventory of affordable homes. So, Jeremy, I don't know if there's
anything more you wanted to add,or anything more you might know. I
think the key there that I justwanted to add and to think more about
as we talk about the supply problem. And what's interesting is making sure that

(23:45):
that building, that development goes tothe right communities, goes to the right
places where it's affordable to affordable tomake it happen, and then has ancillary
effects. We know, development andhome ownership has a stabilizing effect and has
ripple effects because first time home buyersnot only have those kind of like commitments

(24:06):
routes in the community, but thenthey also and money. Right, you
get pizza on Friday night, youpaint the room, you get paint,
you do different things. And soI think one of the things that's important
about this type of investment, thistype of insignive is that it also goes
to the right communities. You know, the Partnership for Strong Communities had a
study done that said, you know, sixty seven percent of people of color

(24:29):
and Connecticut live in eight municipality eightpercent of this And so making sure that
there are programs like this that drivesincentives so that the development happen and really
builds up, because this is astabilizing effect across the state, across communities.
So the thing that I like aboutprograms like this is that they actually

(24:51):
end up having you know, secondand third layer benefits to the places where
these incentives get used, because nowyou know, just like a new development
pops up, you're gonna have smallbusinesses like pop up around it and then
more from there, and it actuallycan really have a lasting impact. So
Maths exactly right. This is thetype of thing that can really drive some

(25:14):
growth and needs to be directed tothe right spot. But it's the right
kind of pool in this moment.That's a great point, Jeremyan Just to
add the second layer benefit, right, So you talked about getting people spending
money in their communities, and notonly you know, helping the inventory,
it's going to help corporations as well. Yes, if you talk to any
large corporation based in Connecticut, workforcehousing is a real problem for them,

(25:37):
right they have whether it's a nurseor someone taking care of maintenance or whatever.
If you're a hospital or whatever,whatever corporation you are, you need
you need people that live locally.It's you're not going to be able to
attract people you're those people are comingto work, right, They're not can't
work remote If you're in an environmentlike that right in hospital, so they

(25:59):
need they need it as well,so they're invested in it. So their
second third layer. Jeremy, that'sthat's a really good point. No,
definitely, And you know, speakingof kind of the corporate community in our
business community, is they can alsoplay a role here too and kind of
helping it to encourage employees to youbuy that next home or buy their first
home. So I don't know Jeremyor Matt who wants to start with this,

(26:19):
So what Jeremy want to I maybeput you on the spot with this
one. But you know what couldsmall companies do or even larger companies do
to work with their employee base tohelp them become homeowners. Absolutely. I
think the one interesting tool that hasbeen now you know, solidified in the
mind of almost every American who getstheir first paid check or starts getting their

(26:42):
regular paycheck in their first job isthe four oh one K became this very
clean, simple, easy way tounderstand I start investing in my retirement today
through my paychecks through my employer,and it was very clean and easy right
at the moment of me, rightat the moment of incentive. But we
have a lot of people today,as we mentioned earlier, who have students

(27:03):
debt, who are renting, whoare saving for their retirement prior to owning
a home, prior to having someof those benefits of equity and the potential
of generational wealth that Matt mentioned earlier. And so we're seeing a trend where
employers are actually thinking about contributions tohousing, contributions to homeownership as a recruitment

(27:26):
and retention tool for talent, sothat top talent that employers are trying to
attract to Connecticut. It could includein addition to the health insurance benefits and
some of the other benefits we seearound mental health and around four oh one
K or investing for retirement, Startinvesting in your home and do some matches
for your down payment, work witha local bank to actually put that in

(27:49):
a savings account or a contribution account, and do some matches around that,
and it will benefit people just asmuch as we've seen the default behavior be
four oh one K. We're goingto start to see a lot more of
that around down payment, we believe, and so corporations that want to be
on the cutting edge and attract especiallyyounger millennial or gen Z talent to their

(28:11):
business and to Connecticut. That's ahuge thing. And then the second piece
that I know Matt can talk abouttoo, but is you know, live
where you work. It's increasingly hard. It's increasingly hard for public service jobs
like teachers, nurses, and firstresponders to afford to live in the communities
they stir. And so there's alot of programs popping up where we're starting

(28:36):
to see kind of innovative ways thathospital systems or education funds are thinking about
matching the same way those other employerswe just mentioned would. So whether you're
attracting first responder public servants to yourcommunity or your business, or you're attracting
sort of younger millennial gen Z talent, we're really seeing employers start to think

(28:56):
differently about those benefits. I lovethat. Just think, really, Brie
so Jeremy, that's so well said. But just think about four O one
K instead a home ownership down paymentprogram where it's one hundred dollars a month,
it's automatic, right you sign upfor work. Maybe your company contributes
fifty percent. After just one year, you have eighteen hundred dollars towards a

(29:21):
down payment. Two years, thirtysix hundred. Did you kind of get
the point right? And it's sointeresting. I feel like we almost need
a paradigm shift where Okay, retirementsuper important, I might argue, especially
right now in this market with rightlimited invator of the whole thing homeownership like
that. So I love that companiesare thinking differently. I think that's absolutely

(29:42):
something that's needed, and that's definitelysomething that you know I would strongly advocate
for. Definitely. Well, Iwant to know who these companies are because
that's where I'm looking for my nextjob. So but no, certainly such
a great benefit and appreciate at thispoint we're already out of time today because
I think this is something a conversationthat we could continue for a while.
But really appreciate both of your insightand would love if you could share kind

(30:04):
of where people could go to accesssome of these resources. So, Jeremy,
why not I'll start with you ifyou could share kind of a great
place and even to kind of sharingcadoks website. Yeah, of course,
So Kadok and Cadox Financial have alot of information about title insurance and about
this market out on the website andalso look for your local real estate attorneys,

(30:27):
because as I mentioned, Kadok standsbehind and gives a lot of these
resources and solutions to local real estateattorneys who give you the best counsel and
advice throughout the process. So thatcan be even as early as you know,
signing that contract in partnership with yourreal estate agent and then preparing for
the closing and obviously taking the keysand walking into your new home. So

(30:48):
the biggest thing we can say ischeck out cadoks website Batic cadok for those
resources, but also seek out yourlocal real estate agent exit your growth state
attorney because that attorney will help youguide the process from start to finish and
you'll really feel the benefits of allthose tools. Right, couldn't agree more.
And Liberty, I'm so happy andproud to be a partner with Kadok.

(31:14):
And just like Kadok, you couldalso go to Liberty Bank liberty dashbank
dot com. Several opportunities to justlearn a little bit about homeownership programs are
available. We didn't even talk aboutthings like credit Builder, But the point
is if you just there's a sectionwhere you're looking at buying a home,
we'll put you in touch with someone. And like I said before, it's

(31:36):
probably the most important thing is justsitting down phone, video, face to
face, just talking with someone aboutOkay, how do I put her all
together right? How do I getit together, get it to start?
So thank you both so much forthe advice, the insight, the knowledge.
It was great having you on theshow today here and you know,
for all the details about today's show, you can visit metro Hartford dot com.
We'd like to give a big thankyou to our show partner, Kill

(32:00):
and thanks to you for listening.Hope you enjoyed today's show. I'm Kate
Bowman. Go out and make todaya good day here in Connecticut.