A land survey is not required by law in New Jersey; however, many mortgage lenders require a survey to finance a loan and it is required to be completed by a licensed Professional Land Surveyor. The survey report is provided in the form of a map which shows the...
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Real Estate
4 common mistakes made by first-time homebuyers
For most people, purchasing a home is arguably the most significant financial undertaking in their lives. However, with so many documents to gather and so much else to worry about, this time can also be one of the most stressful. First-time homebuyers can feel more...
What to look out for in a purchase agreement
There’s a lot of money involved when purchasing or selling residential property. That’s why all parties must be aware and informed when it comes to agreeing to the terms of the purchase. A purchase agreement includes the purchase price, address of the property,...
Why can’t I sell my house with a lien on it?
You may be frustrated to find a buyer for your home only to have the title search reveal a list of debts you must pay off before you can close on the sale. Many companies, government agencies and even individuals may place a lien on your property to secure a debt....
What are easements and how are they used?
Many property owners have heard of easements but are not familiar with exactly what they are or do. If you are a property owner in New Jersey, it's important to understand the most common types of easements, why they are used, and when an easement might affect your...
What are Title Searches and Title Insurance and why are they Critical to your New Jersey real estate purchase?
Whenever you purchase real estate in New Jersey, the seller has a duty to provide you with clear title to the property. That means the property must be free from claims by any third parties. In order to make sure the property has clear title, your attorney must order...
Buying a home in NJ? Understand these things about pre-closing inspections
If you're buying a home in New Jersey, it's important to understand how pre-closing inspections fit into the process. The inspections occur: AFTER the contract of sale is presented to you (or your attorney), and AFTER the Attorney Review period has concluded. The...
Home refinancing: An attractive option for many in New Jersey
The current real estate market in New Jersey is proving to be a once-in-a-generation phenomenon. People throughout the state have successfully sold their homes at higher prices that would have been difficult to imagine only a short while ago, and buyers continue to...
No post-pandemic slowing: NJ real estate market surges on
Real estate professionals in New Jersey have predicted for months that the currently hot real estate market would cool down as the COVID-19 pandemic gets under control. The thinking behind this prediction is logical enough. The pandemic resulted in fewer homeowners...
Selling a home in New Jersey? It’s important to ask these essential questions.
Whether you are a home buyer or a home seller, these are certainly exciting times in the New Jersey real estate market. Historically low interest rates are making home purchases a reality for thousands of prudent buyers, and current market conditions — low inventory...