Blog

Feb. 23, 2016

I read a very good article today in USA Today's personal finance section. It talked about preparation regarding your Will and your Estate. The recommended steps are very valid and important to make things much easier for yourself and for your heirs. The article discussed reviewing your last Will and Testament every five years.

Feb. 16, 2016

New Jersey is still leading the nation in short sales of Real Estate. This means that a seller is able to sell the home for an amount less that what is still owed to the Lender.

Feb. 16, 2016

When you are purchasing a Condominium unit , it is very important that you carefully analyze the documentation for that development such as the Master Deed, By-laws and most importantly the physical statement and annual budget.

Feb. 5, 2016

Since 2008, short sales and bank owned properties have been a large percentage of transactions in the northern New Jersey metropolitan area.

Feb. 3, 2016

Many people attempt to sell their home on their own without the benefit of a professional Realtor representing them. Whether you are the buyer or the seller, it is highly recommended that you have a Realtor working for you.

Jan. 28, 2016

Just a couple of quick pointers: If you are terminating your tenant's tenancy in your building and all of the proper Notices have been served upon the tenant, you cannot continue to collect the rent after the date that the tenancy is terminated in the Notice.

Jan. 26, 2016

Very often in Real Estate transactions that I am handling for clients, my clients ask me whether they think their purchase is a good deal or not.

Jan. 15, 2016

Sometimes the best deals that you make are the ones you walk away from. I have many clients come to my office with transactions and acquisitions that they want to pursue. It is good to seek out new ventures and to be creative and take risk. However, the details need to be analyzed very closely and there is cost/benefit analysis that must be applied to make sure that the transaction works. The worst thing to do is push through a plan that is flawed.

Jan. 14, 2016

I continue to experience the fact that is crucially important to have the right team working for you in your real estate transactions. These matters definitely are a team effort with the key players being the buyer/seller, the Realtor , the Attorney and the settlement agent.

Jan. 12, 2016

In NJ, all Realtor prepared Contracts have a 3 day Attorney Review provision included, therein. This allows the Realtors to get the contracts signed and the binding between the parties, but allows the buyer and the seller to each see their own Attorney to modify and/or cancel same with the three business day provision.