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 Conducting an OPRA Search When Buying Real Estate in New Jersey
When purchasing real estate in New Jersey, one crucial step that buyers often overlook is conducting an Open Public Records Act (OPRA). This search can provide invaluable information about the property and its history, helping buyers make informed decisions and avoid...