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Category Archives: Real Estate

What Must Sellers Disclose Before You Buy Their Property?

What Must Sellers Disclose Before You Buy Their Property?

If you’re buying a New Jersey property, such as a new home, it’s an exciting time. A property purchase, however, is probably the most significant purchase that you’ll ever make, so it’s important to know the ropes. In New Jersey, those who sell property must make certain disclosures to prospective home buyers – or risk … Continue reading What Must Sellers Disclose Before You Buy Their Property?

What is Privity?

What is Privity?

Legal speak can sound much like gobbledygook, and many of us simply ignore the terms that are bandied about. What do they even mean? Privity is one such legal term, but if you’re involved in a landlord/tenant relationship, it’s time to take a closer look. Privity Privity refers to a direct, close, or successive relationship, … Continue reading What is Privity?

The Top 3 Reasons People Are Waiting to Make an Estate Plan

The Top 3 Reasons People Are Waiting to Make an Estate Plan

Most of us understand that estate planning is important to our families’ futures, but way too many of us put it off. After all, it’s not always a comfortable topic. Getting down to the business of planning your estate, however, can bring you much needed and priceless peace of mind. Why wait? The Top Three … Continue reading The Top 3 Reasons People Are Waiting to Make an Estate Plan

New Jersey’s Fair Foreclosure Act and Faster Short Sales

New Jersey’s Fair Foreclosure Act and Faster Short Sales

New Jersey legislation is ready to shake up New Jersey short sales. A short sale occurs when homeowners owe more on their homes than they’re currently worth and become so frustrated that they choose to sell and walk away. A short sale can present a great purchase opportunity, but it can also quickly become complicated. … Continue reading New Jersey’s Fair Foreclosure Act and Faster Short Sales

Six Reasons you Should Get a Survey If You’re Buying a Home

Six Reasons you Should Get a Survey If You’re Buying a Home

If you’re buying a new home, you’re no doubt feeling the burn – it’s an expensive endeavor. Many people look for ways to cut corners when they’re involved in such a major purchase, but skipping the survey is almost never a good idea. Obtaining a survey can provide you with crucial information that can help … Continue reading Six Reasons you Should Get a Survey If You’re Buying a Home

Here Are Tips to Help Reduce Home Buying Anxiety

Here Are Tips to Help Reduce Home Buying Anxiety

Owning your home is part and parcel with living the American Dream. While buying a home is an exciting endeavor, it can also be anxiety provoking. With all the inherent expectations, it’s no wonder that purchasing a new home is so stressful.  Arm yourself with these useful tips of the trade, and make your home-buying … Continue reading Here Are Tips to Help Reduce Home Buying Anxiety

Your Estate and Real Property

Your Estate and Real Property

Real property includes land and anything that’s erected on that land. That seems simple enough, but how this real property is titled can significantly affect how it will be transferred at the time of your estate’s administration. In fact, the proceedings can become quite complicated and sometimes don’t play out the way you’d intended. Take … Continue reading Your Estate and Real Property

I Put a Deposit Down on My Contract, Can I Get It Back?

I Put a Deposit Down on My Contract, Can I Get It Back?

In a residential real estate transaction, they buyer is typically required to put a deposit down in order to show that he or she is serious about continuing with closing the deal. This deposit, often referred to as “earnest money,” is usually applied to the down payment when the contract is executed. But what happens … Continue reading I Put a Deposit Down on My Contract, Can I Get It Back?

Tax Assessments – Knowing When to Appeal

Tax Assessments – Knowing When to Appeal

Filing a tax appeal on a tax assessment can be an effective tool for many New Jersey property owners. It’s important to understand the tax assessment timeline, however, before you consider a tax appeal. While no one likes staring down a tax assessment that’s perceived as astonishingly high, it’s important to understand the tax appeal … Continue reading Tax Assessments – Knowing When to Appeal

Landlord Rights and Abandoned Vehicles

Landlord Rights and Abandoned Vehicles

There are rules in place for those New Jersey landlord tenant situations in which a tenant abandons personal property upon vacating the rental unit. The process for disposing of this abandoned property is fairly straightforward. This process, however, does not apply to abandoned vehicles. Abandoned Vehicle: Ticketed and Towed If one of your tenants has … Continue reading Landlord Rights and Abandoned Vehicles