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.
What Happens During a Real Estate Closing in New Jersey?
Oftentimes, those entering a residential real estate transaction may find themselves wondering what happens during the process of closing in the State of New Jersey. When is it scheduled? What types of documents am I required to bring? Who will be in attendance? ...