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 working with an attorney who is well-versed in real estate matters in the state, ranging from attorney review, closings and even potential litigation. Therefore, it is vitally important to retain an attorney early in the process as the fierce competitiveness of the market requires both buyers and sellers to be very careful with respect to safeguarding their rights in a real estate transaction. See the current findings impacting today’s real estate markets 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...
