If you are facing the prospect of buying a house for the first time, you may be unsure about what you should do. After all, while it is exciting to become a new homeowner, it also comes with a lot of expenses and potential risks. Fortunately, there are a few things you can do as … Six Issues To Be Careful of as a First Time Home Buyer

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When purchasing a new home, it is essential to have a home inspection.   A home inspection will reveal potential defects which you can request seller repair, perhaps request a credit, or you may elect to accept the property in its condition – but you will know what you will need to repair in the future. … Seven Property Defects That Could Cost You

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Most real estate contracts have contingencies, and it is important to understand what these contingencies are and how they may impact the buyer or seller. So, what are the potential contingencies in a real estate contract, exactly, and how do they impact the transaction?

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Given the amount of expense involved in any real estate transaction, it can be tempting to try to cut costs where you can and handle everything yourself. However, if you do not have a lawyer to help with your deal, you can potentially find yourself dealing with serious legal and financial problems later on. So … Why Do You Need an Attorney to Review Your Real Estate Deal?

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Are you considering selling your home? Here are some things you should know before you start the process.   Understanding Capital Gains When Selling Your Home A consideration when selling your home is how the process may result in capital gains taxes. This is the tax collected on the profit from selling a property. The … Capital Gains When Selling Your Home

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The New Jersey real estate market has been an active environment for sellers and buyers. There are many indicators that the market will still be incredibly active. Among several intriguing indicators, the most noteworthy is the significant 4.4% increase in the median sale price. Here are some additional observations about what this means for people … The Median Sale Price in the New Jersey Real Estate Market

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Wire fraud in real estate transactions is something that all home buyers and sellers should be aware of. It involves scams that use electronic communications to deceive individuals into transferring funds to the wrong bank account. With technological advancements, this crime has become more common in recent years. Particularly in real estate, where large sums … Navigating Wire Fraud Risks in Real Estate Transactions

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As a homebuyer or seller, you may have come across the term “appraisal” in the real estate world. But what exactly are appraisals, and why are they important? Let’s delve into the basics of real estate appraisals and explore the issues with waiving them.   What are Appraisals? Real estate appraisals are assessments conducted by … Appraisals: What are They And What are the Issues with Waiving Them?

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When it comes to buying property, one important decision you may have to make is whether to choose a condo or a townhome. Both options offer unique advantages and disadvantages, and understanding the key differences can help you make an informed decision. Let’s explore the pros and cons of condos and townhomes, as well as … Condos vs. Townhouses

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If you plan on purchasing a new home, obtaining a home inspection before closing the deal is crucial. Home inspections can help you identify any potential problems or issues with the property that could cost you time, money, and stress. Read on to learn more about the role a home inspection plays in the home-buying … The Importance of Home Inspections

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