If you are looking to purchase a home, pursuing a property that is available through a short sale may seem like an attractive option. These properties are generally made available at a price that is far less than would normally be expected because the seller has fallen short on their mortgage payments, and the lender … Read More »
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What to Look for When Choosing a Tenant
As a rental property owner, you are well aware that the soundness of your investment relies upon your property actually being occupied. But the quality of your tenant can also play a huge role. It is the dream of every landlord to have tenants who are responsible, tidy, clean, and who pay on time – … Read More »
Florida Eviction Laws
Whether you are a tenant who rents property in the state of Florida or are a residential landlord in the state, it is essential that you have a good working knowledge of Florida eviction laws. Tenants must understand the law in order to protect themselves from illegal actions, and landlords must know the steps they … Read More »
The Short Sale Process in New Jersey
Short sales have been around for a long time, but have gotten a lot more attention in the last few years because of the recent economic crisis. A trend towards homeowners over-borrowing and banks over-lending combined with an increase in unemployment and housing prices falling to create a perfect storm in which people were unable … Read More »
ABLE Accounts in New Jersey?
An ABLE account is a tax-advantaged savings account that qualified individuals with disabilities will be able to open as a result of the passage of the ABLE Act of 2014 and subsequent enactment of state ABLE laws. Contributions to ABLE accounts are made on an after-tax basis. Earnings from ABLE funds grow tax-deferred and are … Read More »
Protecting Your Real Estate Investments: How A Real Estate Attorney Can Help to Protect You
Investing in real estate has long been one of the most popular methods that people choose to make money long term. Though the housing crisis of 2008 caused many people to hesitate about purchasing properties, careful consideration reveals that real estate investments are still a very good way to make money: it offers attractive and … Read More »
How Can a Lawyer Help with Your Short Sale? Why You Should Consult a Lawyer Before You Buy
Why You Should Consult a Real Estate Lawyer Before You Pursue a Short Sale Short sales are becoming more and more common in the real estate market. Some buyers actively pursue short sales in the believe that they represent a tremendous opportunity and great value, but purchasing a home that is being sold as a … Read More »
NJ Goes against the Grain: Wage Growth Increases ahead of Home Prices
Living in New Jersey just a got a little more affordable according to a new survey from RealtyTrac. Data showed that wage growth has been outpacing the rise of home prices in the Garden State. While 76 percent of markets surveyed showed home prices rising ahead of wage growth, New Jersey was actually in the … Read More »
Looking for a Great Real Estate Deal? Consider Foreclosure Properties in South Jersey
Even though the South Jersey real estate market looks and feels like it’s bouncing back (and it is!) you might be shocked to learn that there are still a million foreclosures on the market in the US and 8.1 million people are underwater on their homes. You might be even more shocked to learn that … Read More »
Short Sales: How To Get Started
A short sale provides a peace-of-mind alternative to struggling homeowners who want to avoid foreclosure but cannot sell their homes for what is owed on their mortgages. For example, if a homeowner owes $200,000 on his mortgage and has fallen behind on payments due to a financial hardship, they will be faced with the reality … Read More »