05 May 2013

Signing Real Estate Contract
Home Sellers: Is Your Home Really Sold When You Sign a Real Estate Contract Offer? Mortgage Approval_Part III There is another reality to signing a contract offer and selling a home. The majority of home buyers need to obtain a mortgage loan to purchase a home and need mortgage approval from their lender to complete the purchase! In previous posts on this topic, "You Signed a Con...

04 Nov 2012

Signing Real Estate Contract
Home Sellers: Is Your Home Really Sold When You Sign a Real Estate Contract Offer? Attorney Review_Part I Homeowners like to think that all they need is a signed real estate contract offer and their home is sold. The truthful answer is maybe yes, maybe no. While it is true that a home cannot get sold without an accepted contract offer, the real estate contract offer is only the fir...

26 Feb 2012

Signing Real Estate Contract
 Home Buyers: Your New Jersey Real Estate Contract Offer Has Been Accepted, Attorney Review? New Jersey Real Estate Contract Offer: In New Jersey, all real estate contracts for the sale of residential real estate containing one to four dwelling units, vacant one-family lots or leases prepared by licensees for a term of one year or more for residential dwelling units  in which they hav...

21 Mar 2010

CMA: Comparative Market Analysis Simply worded, it is a real estate agent's opinion of market value of real estate as detailed by recent sales of similar properties. It is not a written real estate appraisal. Homeowners should stay in touch with the real estate market and continually be aware of the current value of their home, if for no other reason than making sure their homeowner's ...

09 Feb 2009

Is there a difference between a Mortgage Pre-Qualification letter and a Mortgage Pre-Approval letter? Considering taking advantage of the favorable mortgage interest rates? Considering taking advantage of the drop in real estate prices in 2009? Before taking the time to drive around looking for a home, before taking the time to visit Open Houses and before taking the time to meet w...