Home staging involves decorating a property to make it more appealing to potential buyers. Professional stagers use furniture, artwork and accessories to create a welcoming atmosphere and highlight the home’s best features to would-be buyers It’s easy to get...
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Real Estate Transactions
What is at risk during a New Jersey title dispute?
When someone buys real estate in New Jersey, what they technically purchase is the title to the property. A home's title indicates who currently has ownership rights and control over the property. There can be title defects that impact someone's use and ownership of a...
What should homeowners know about the recent NAR settlement?
While you’re reviewing, initialing and signing the seemingly endless documents involved in a real estate transaction, you may give little thought to the commission that the selling real estate agent gets for their work. Many people have no idea whether it’s reasonable...
Protecting your offer with contingency clauses
If you’re a first-time home buyer, it may seem rather surprising to offer someone such a substantial sum of money. When you put in your offer on a house, it’s probably more money than you have spent on one item in your life. Most buyers can’t even afford to do this on...
Why you should never skip a walkthrough when buying a house
Before finalizing the purchase of a house, it's crucial to conduct a walkthrough. A walkthrough serves as a final inspection, allowing buyers to ensure that a property meets their expectations and is in as-promised condition. Skipping this step in the purchasing...
Why would a real estate property fail inspection?
With both residential and commercial properties, a property inspection is an important part of the transaction process. Many buyers will use a contingency clause saying that they can walk away from the deal if the property fails that inspection. They do not want to...
The small but serious risk for those buying a home from an estate
There are many benefits to buying a home from an estate. The personal representative conducting the transaction will likely have less of an emotional attachment to the property than someone who lives there full-time. There is often pressure to complete a sale as...
Most inspectors look for these 5 issues in homes
Home buyers often benefit from hiring inspectors. Inspectors evaluate homes for major issues that could create problems for buyers in the future. Essentially, a home inspector helps buyers from purchasing homes they later regret. Home inspectors often do thorough...
Why buyers shouldn’t write “love letters” to potential homes
For a short time, there was a trend where buyers would write love letters about homes that they wanted to purchase. They would then give these letters to the owners of the homes, along with their offer. The basic idea was just that the person who wanted to buy would...
3 risks of purchasing a home online
Digital technology allows you to do many things entirely online. You can shop for groceries, purchase eyeglasses or make valuable investments without leaving your home. Online technology may even allow you to purchase a new home with little or no face-to-face contact...