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, before entering such scenarios, buyers should have a realistic plan in place for how far they are willing to go to secure the property and how it may impact their homebuying process. Read more about a recent bidding war that happened in New Jersey here.
The Importance of Ensuring Your Condominium Complex is Approved by Fannie Mae and Freddie Mac
By Tamer (Tom) Abdou, Esq. When buying a condo in New Jersey, whether as a primary residence, vacation home, or investment property, one critical factor often overlooked is whether the condominium complex is approved by Fannie Mae and Freddie Mac. These are not your...
