Do you have a house to sell that comes with its own invisible tenant? New Jersey homes for sale that are alleged to have paranormal activities present special circumstances for the home sellers. In fact, they may need to disclose this to potential buyers. But, as with...
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Real Estate Law
Real estate scams that affect many New Jersey residents
Real estate and property scams have likely been around since early humans first began trading with one another. The promise of earning lucrative rewards attracts many to the industry, most of them honest and aboveboard. Unfortunately, real estate also attracts those...
What must sellers disclose when selling a home in New Jersey?
The word "disclosure" is a term commonly used in real estate law. It is essentially the act of informing potential buyers about anything wrong or imperfect with the property. In other words, a seller has a responsibility to disclose pertinent information about a...
What happens if you notice issues during your final real estate walk-through?
If you're under contract to purchase a home, your lender may require you to have a home inspection before extending you a mortgage. Even if they don't, it's in your best interest to schedule one. Your real estate contract may allow you to pull out of it if the...
Why buyers and sellers should have attorneys involved in any real estate transaction
Many states require homeowners or their buyers to hire an attorney to oversee residential real estate transactions such as closings -- for good reason. Yet, New Jersey isn't one of those states. Why, then, should you have an attorney involved in your real estate deal...
What if the previous owner does not move out of your new home?
One of the most challenging things people experience when buying a new home is juggling the handover dates to suit everyone in the property chain. You need to vacate your current home by a certain date so the new residents can move, and you need the people in the home...
Why should I buy title insurance?
Purchasing a new home represents not only a thoroughly exciting adventure, but also a huge investment. In all likelihood, you will pay more for your home than for any other asset you ever acquire. That is why you need to know that when title passes from your home’s...
What are contingencies in real estate contracts?
You want to feel confident when you negotiate with a seller to buy a house. If you are buying your first home, you might feel apprehensive about entering into any kind of a deal. In the event you discover a problem with the property, you may want to back out. This is...
How do I sell my house quickly?
There are some situations where you need to sell your house quickly. A good example is during a divorce when you need to sell the house to split the income. Until your house sells, you remain stuck and unable to finalize your divorce. This type of situation can lead...
What happens after the home inspection?
An essential part of the home buying process, home inspections may turn up problems that deter people from purchasing or open their eyes to the condition of the property they intend to purchase. According to the New York Times, home inspectors thoroughly examine the...