Category: Uncategorized

The Importance of Home Inspections

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

Do Millennials Make Up The Largest Share of Homebuyers In New Jersey?

Millennials have been shaking up the real estate industry in recent years. Defined as those born between 1981 and 1996, millennials are now the largest group of homebuyers in the United States. In New Jersey, they are certainly making their mark in the real estate market.   How Many New Jersey Homebuyers are Millennials? According Do Millennials Make Up The Largest Share of Homebuyers In New Jersey?

What is Escrow?

Through the course of any real estate transaction, you’ll hear the term “escrow” quite a bit. But what is escrow, and what do you need to know about it? Here is information to help you understand some of the basics.   The General Definition of Escrow In simple terms, escrow is a legal arrangement where What is Escrow?

The Closing Checklist

The closing is the final step in purchasing a new home. Arguably, it’s the most important event of your home buying journey. So like any important event, you’ll want to come prepared. Read on for a checklist of some things to prepare for, so you can close in confidence.   Work Out and Confirm All The Closing Checklist

What are Closing Cost Credits Issued by Sellers? Also known as “Seller Paid Closing Costs” or “A Seller’s Concession”

Closing cost credits are a way for sellers to help buyers finance certain closing costs – such as title insurance, appraisal fees, and pre-paids.  Pre-paids refers to home owners’ insurance and real estate taxes.  Typically a lender will not permit a credit for home inspections. Sellers may choose to offer closing cost credits for a What are Closing Cost Credits Issued by Sellers? Also known as “Seller Paid Closing Costs” or “A Seller’s Concession”