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Closing Costs in New Jersey

Closing Costs in New Jersey

Understanding closing costs can be confusing, but figuring it out early will make the closing day much less stressful. As such, an experienced real estate attorney can guide you through fully understanding what you are paying for and why. In addition, always remember...

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Mortage Rates Shaping Today’s Real Estate Market

Mortage Rates Shaping Today’s Real Estate Market

High demand, low inventory and rising interest rates creates a unique equation for today’s real estate market. With the reality of some buyers being priced out of the market, bidding wars and the high demand of new construction, now more than ever buyers should retain...

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Bidding Wars in Today’s Real Estate Market

Bidding Wars in Today’s Real Estate Market

In today’s competitive real estate market, bidding wars can become a widespread practice among buyers. Depending on the location and the allure of the property, some buyers opt to enter a bidding war to be the most attractive buyer in a competitive landscape. However,...

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New Jersey’s Real Estate Market

New Jersey’s Real Estate Market

While the housing market remains in flux throughout the nation, New Jersey remains both an attractive and competitive real estate market. Nevertheless, New Jersey is experiencing a challenging real estate market in which guidance is important to navigate the intense...

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New Law Protecting Home Buyers and Renters

New Law Protecting Home Buyers and Renters

Certainly, there are areas within New Jersey that are especially at risk for flooding and flood damage. However, renters and buyers may be unaware of the potential flood risks when opting to make a purchase or enter into a lease agreement. To remedy this potential...

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Today’s Real Estate Market Prices

Today’s Real Estate Market Prices

While inventory remains low and interest rates remain high in the State of New Jersey, this means that the real estate market remains increasingly competitive. With today’s market representing a 3.9% price increase compared to 2022, buyers should especially consider...

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Do Residential Leases Automatically Renew? 

Do Residential Leases Automatically Renew? 

Residential Leases can be at times tricky to navigate, as they contain many elements that may not be that straightforward to understand. Simply put, leases are contractual agreements between the owner of the house/unit and the tenant that outline agreeable terms for a...

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When a New York Style Closing May Be Better

When a New York Style Closing May Be Better

Just like New York-style pizza, a New York style real estate closing is unique and full of "flavor." Essentially, a New York style closing usually has the parties coming to terms with certain issues, primarily inspection issues, before the formation of the Contract....

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Who Holds a Deposit Matters!

Who Holds a Deposit Matters!

Often in our real estate practice, we represent the Sellers in a transaction. Specifically, there are some Buyers that insist on having either their attorney or their agent hold the deposit, as opposed to what is usually the norm. A commonplace practice is to have the...

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Landlord and Tenant Moratorium Concerns Answered

Landlord and Tenant Moratorium Concerns Answered

As COVID-19 cases have gone down causing the re-opening of businesses, universities and restaurants, the world is finally starting to feel a sense of normalcy. During COVID-19, Governor Murphy passed a moratorium on evictions, barring all landlords from filing for...

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