You’re ready to sell your home – but there’s an involuntary lien on it that you know is going to cause problems. It could be a tax lien, a judgment lien from an old debt or a contractor’s lien that’s leftover from a construction dispute. You’re afraid that will prove...
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Real Estate Transactions
Issues with an appraisal can delay or cancel a closing
Local demand, interest rates and even recent history in a specific neighborhood can all influence what property is worth on the real estate market. Sellers try to get the maximum price for their property when listing their homes or investment holdings, while buyers...
Discriminatory appraisals keep many in New Jersey from homeownership
The dream of homeownership should be available to everyone in New Jersey, regardless of race, color or national origin. But the reality for many people of color is that they often face discrimination when trying to buy or sell a home. One version of this frequently...
A POA can have uses while you’re still alive and well
You just found the perfect property to invest in. Unfortunately, you won’t be around to finalize the purchase. Now you’re conflicted about whether you should stay home to finalize an investment or go on your overseas trip. Instead of being split between traveling and...
What happens when buyers cancel the closing due to the market?
After months of more demand than supply and frequent bidding wars, the real estate market in New Jersey has started to shift. With the increase in interest rates has come a drop in buyers wanting to get to the closing table. Some sellers now find themselves in the...
What could cause real estate title issues?
If you have ever completed the mountain of paperwork necessary to buy a house, you may wonder how on earth a place can end up with title issues. Surely all that is needed is for sellers and buyers to sign, and the proof of transfer of ownership will be clear? That is...
Should you consider a rent-to-own home?
House prices are soaring, and mortgage companies are scrutinizing buyers harder than ever before. You need great credit, a lot of money to put down and extra cash for all appraisals and other “extra” costs of purchasing a home. When you’re paying more for rent every...
What is a home sale contingency?
Contingency clauses are legal devices people use when buying and selling property, giving them a reason to break the contract. These contingency clauses can take on many forms. For example, one of the most common contingency clauses is that the sale is dependent on...
4 tips for a successful home sale in South Jersey
Closing a successful home sale and getting the best price for your investment is every seller’s dream. In New Jersey, as is the case across many states, low inventory and eager buyers have seen property prices soar in recent times. If you're thinking about selling,...
Three real estate investment mistakes to avoid
Real estate investing is a potentially lucrative and rewarding undertaking, but mistakes can turn profit to loss in a hurry. Forbes has recently explored some of the most common real estate investment mistakes and offered advice on how to avoid them. This information...