When planning for your family’s future, you can’t assume that your assets will go where you want them to go upon your death. Sentiments like, “Everyone knows who is supposed to get my Cadillac,” or “My children will not fight over my family property,” can lead to messy court battles and dollars thrown down the … Continue reading Five Quick Fixes to Stay Out of Probate
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?
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?
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 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
If you are a landlord, you need a quality lease agreement with your tenants. While you may think the process of developing a lease is too time-consuming or not necessary because your tenant is a family friend, you should not fall into that trap. Developing a quality lease is not that difficult. You just need … Continue reading Four Reasons a Landlord Needs a Quality Lease Agreement
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
Your house is your castle, and purchasing a new home is an exciting – if hectic – time in your life. While home buying can be stressful, it’s also a great opportunity to find the home that’s right for you and your family. Purchasing a new home probably seems complicated enough, but if you’re considering … Continue reading Thinking About Buying a Short Sale?
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
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
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?
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
When a piece of real estate is sold, the parties to the transaction typically set a closing date on which the transaction will actually take place. That date is often included in the sale contract, and there is usually no consequence if one of the parties is unable to close on that date. But what … Continue reading What is a Time Is of the Essence Notice?
Better Yet A Real Estate Attorney Many people think bypassing the middleman – in the form of a realtor – is a great way to maximize profits or minimize costs when buying or selling new homes. Often, however, this plan doesn’t play out the way buyers and sellers had initially hoped. Realtors have the skill … Continue reading 5 Great Reasons to Work with a Realtor
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