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It produces more real estate litigation than any other clause in a contract, which is why it’s vital to get the help of real estate lawyer in New Jersey if you want to buy a home. A seller has to ensure that the house, the structure, and its operating systems (heat, electrical, plumbing, etc.)
| MARC L. COHEN, ESQ. 5 Mountain Boulevard, Suite 13, Warren, New Jersey 07059 (P) 908-822-9960 (F) 908-822-9961 |
| Megha K. Patel, Esq. Attorney & Owner Law Office of Megha K. Patel, LLC 1549 Finnegans Lane, Unit 5, North Brunswick, NJ 08902 (732) 305-0241 megha@lawmkp.com www.lawmkp.com |
| Sital J. Shah, Esq. 291 Route 1 South Edison, New Jersey 08817 Tel: 732-777-9494 Fax: 732-777-9192 His feel is approx $1000 .. |
| Maria Turco Gulyas, Esq. Maria A. Turco, LLC 21 Brant Avenue Clark, New Jersey 07066 Tel. (973) 868-2825 Fax (480) 772-4913 |
| Kunal Shah, Esq.Law Office of Kunal Shah, LLC 227 Lincoln Highway (NJ-27) Iselin, NJ 08830 Tel: (848) 205-2021 Fax: (848) 205-2991 Website: http://www.kshahlaw.com |
If you are looking to purchase a home in New Jersey, you should enlist the help of a real estate attorney for many reasons. First, a real estate lawyer in New Jersey can guide you through the complicated paperwork involved in a real estate transaction.
Buying a Home in New Jersey
If you are looking to purchase a home in New Jersey, you should enlist the help of a real estate attorney for many reasons. First, a real estate lawyer in New Jersey can guide you through the complicated paperwork involved in a real estate transaction.
If you are interested in buying a home in New Jersey, contact me
TEN THINGS EVERY BUYER IN NEW JERSEY HAS TO KNOW
- Attorney Review Period: This is a three day period in which buyers and sellers can have their contracts reviewed by a real estate attorney in New Jersey. It is important to remember this review period is three business days from the date the last buyer or seller signs, not when the real estate attorney receives the contract.
- Contingencies: This means the contract is contingent or dependent upon something happening first. In New Jersey, it’s customary that all real estate contracts are contingent on the buyers getting their mortgage, home inspections and a clear title.
- Mortgages: A mortgage is a lien put on the property by a lender. There is a great difference between a buyer getting a 90% mortgage from a lender and 80% mortgage from a bank.
- Home Inspection: When we buy a house, there are hundreds of items (often hidden) that can be wrong. Remember, New Jersey has the oldest housing stock in America. If you buy or sell a house in North Jersey, it might be over 50 to 100 years old. Problems with the major systems are often very expensive to fix, particularly with older frame houses.
- “As Is”: This means you only get what’s there, nothing less and nothing more. It produces more real estate litigation than any other clause in a contract, which is why it’s vital to get the help of real estate lawyer in New Jersey if you want to buy a home. A seller has to ensure that the house, the structure, and its operating systems (heat, electrical, plumbing, etc.) are in good operating condition at the closing. Some sellers may also have to make sure appliances, such as a stove or dishwasher, work. However, the sellers do not have to guarantee that the house or the systems are brand new, which is often where problems begin. Buyers don’t want to put thousands of dollars into a new plumbing or heating systems, and seller’s don’t want to pay for improvements they didn’t have at contract time. The New Jersey law doesn’t interpret “as is” to mean buyers get stuck if major systems don’t work. The sellers have an obligation to disclose any hidden defect they know about. Correspondingly, I believe any borrower has an obligation to check out any house by a home inspector before purchasing.
- Closing Date: This is put on at the beginning of a contract and is only a guess at when the closing will take place. The closing date is set by the borrower’s lender and not by the seller or buyer.
- Escrows: Escrow is money held. Lenders will collect extra money each month (escrow) so they will pay your taxes. An escrow is kept at closing in case the water bill comes in higher than estimated.
- What a New Jersey Real Estate Attorney Does: We order title insurance, set closings, tell you how much to bring, work out all problems, supervise, guide you through the whole process, work closely with lenders (who let NJ attorneys close or disburse mortgages) and coordinate with brokers.
- What a New Jersey Real Estate Attorney Doesn’t Do: We don’t arrange homeowners insurance or inspect the house. You make the last minute inspection before the day of closing.
- Legal Fees: Real estate law firm usually estimates $1000 to $20000 based on there experience and human touch . Most real estate attorneys in New Jersey are also in this price range. Good New Jersey real estate attorneys don’t tack on extra hidden fees.
IF YOU HAVE ANY REAL ESTATE QUESTIONS,
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We were so fortunate to have found Anil Aggarwal when we moved to New Jersey
We were so fortunate to have found Anil Aggarwal when we moved to New Jersey. As our Realtor, he helped us find the right house in the right neighborhood for the right price. He was patient as we traveled from home, to home, and helped us pick right home, at right price. Call him at 732-65-HALO-5 -
Alexx and Anifa for ANIL Realtor.My wife and I are very pleased with our new home.
My wife and I are very pleased with our new home. Everything went very smoothly. I want to thank Anil Aggarwal Realtor for making this such an easy experience! He did a great job of showing us houses that met our "must haves" and "prefers" list. Anil Aggarwal was easy to work with and very quick and professional in acting on our behalf. Call Anil at 732-65-HALO-5 today for your next home. Bye -
When I wanted to sell my home, I interviewed many realtors
Hi ,When I wanted to sell my home, I interviewed many realtors but Anil Aggarwal stood out winner.
His enthusiasm, detailed through review of property, Social Media Exposure, impressed me . His diligent follow up and open house resulted in many offers and good sale. Buyers loved pictures .If you want to sell home quick, then reach him at 732-65-HALO-5 or 732-983-7958 -
Selling your own house can be an overwhelming process. However, it is possible to do.
Hi, Selling your own house can be an overwhelming process.
However, it is possible to do.
1. Thoroughly clean your home.
2. Have it appraised and inspected.
3. Make any necessary repairs .
4. Market your home effectively.
If you need Realtor to help in selling your home, then I highly recommend Mr Anil . Call him at 732-983-7958 and let him do magic of bringing buyers -
Hi, Are you trying buy your New Home?
Hi, Are you trying to buy your New Home?
You want an Realtor who can jump on new listings and show to you immediately.
I recommend Mr Anil Aggarwal.
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Anil Aggarwal Great Referral From client
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Are you Selling home, Use Realtor. Here's 8 reasons why you must use Realtor.
Are you Selling home, Use Realtor. Here's 8 reasons why you must use Realtor.
#1, It's harder to keep your emotions out of the sale.
#2. It's not your full-time job.
#3. Agents have a larger network than you do.
#4. You subject yourself to needless showings.
#5 Negotiating the sale is tricky and awkward.
#6. You can't see what's wrong with your home.
#7. Good agents work with you as guide.
#7. You put yourself at risk of being sued So If you selling home, we highly recommend Realtor "Anil Aggarwal". He is Certified Relator with Halo Realty.. Call him at 732-983-7958 or Visit BuySellHomeNj.com -
Referral for Realtor Anil Aggarwal for Seller
Hi Are you thinking to sell your home and wondering who to hire then I recommend Realtor Anil Aggarwal with VyllaHome. He handles showings, negotiations, offers and communication. He got me top dollars and quick sale. Call Anil at 732-877-8585 or visit his website NjFind.com to learn more.
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Incredible Recommendation from Ashley Rasmussen Regional Vice President Vylla.com
Ashley Rasmussen Regional Vice President Vylla.com
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Sumit and Nitu incredible testimonial for realtor Anil Aggarwal Nj
Sumit and Nitu incredible testimonial for realtor Anil Aggarwal Nj -
Live insight and review from Happy Customer of Realtor Anil Aggarwal who bought home in Fords NJ
Aspiring homeowners might gravitate to condominiums over houses when they offer less upkeep, look more modern, and seem to be more affordable. However, the economics of houses may work out better, especially when it comes to selling down the road. Condos also demand certain accommodations when it comes to everyday life. Call Realtor Anil Aggarwal with VyllaNj to discuss more .Visit VyllaNj.com
Pros of Buying Condos
Several lifestyle-related advantages come with owning a condo.
State-of-the-art features: If you have your heart set on granite counters, stainless appliances, and an open floor plan, newer condos often boast such amenities.
Luxurious facilities, features, and grounds: Spas, clubhouses, barbecue areas, tennis courts, jogging trails, and recreation rooms are among the amenities condos offer residents.
Security: In addition to having neighbors close by, complexes often are gated or staffed with guards.
Concierge services: Many condo complexes have doormen and desk people, along with custodial staff.
Less maintenance and upkeep: No mowing lawns, raking leaves or replacing broken windows. You are generally responsible only for your interior.
Cons of Buying Condos
The downsides to condos are things often characteristic of apartment life or communal living.
Too close to your neighbors: Sounds and smells can travel through adjoining walls.
Rising condo fees: If the building is older, it could require more reserves to pay for roofing, plumbing, and exterior maintenance, which tends to mean higher fees and sometimes special assessments.
The Big Brother aspect: Conforming to association rules is not for everyone. For example, rules might restrict the number and types of pets you can have or where you can smoke.
Less spacious: The interiors of upscale condos certainly can be comparable to many homes, but outdoor space typically is limited because of the density of the community. You likely won't have room for a private garden or a private driveway where you can wash your car. -
Sold beautiful home 🏡 to Doctors at price less then bid. If you are struggling to buy then ping me
Sold beautiful home 🏡 to Doctors at price less then bid. If you are struggling to win or get home then ask your agile adept aggressive always available agent and that’s me. Check sold.njfind.com to see sold homes . Visit vyllanj.com
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Proper Use of LLCs for Real Estate
So you either want to enter the real estate industry, or you already have, but what does that mean? What steps do you need to take to protect yourself and your business?
For many, the answer to that question is simple...LLC
LLCs are a popular choice when it comes to forming business entities for real estate purposes due to their flexibility and advantages. These advantages can range from taxes to practices, but everyone who chooses to form this entity has their reason.
There are many examples of this that we go over in the video, which prove an LLC can be a big help to you as a business owner when facing obstacles.
If you're 1% negligent, then you're 100% liable. A short but true line that highlights why using an LLC can help you if used properly.
Do you want to use an LLC properly for your real estate business? If so, then tune into the video to learn more about how you can do just that. You’ll also learn a few tips and tricks along the way, so you don't miss out on your future opportunities.
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ABOUT CLINT COONS
Clint Coons, Esq. is one of the founding partners of Anderson Law Group, Clint has grown his legal and tax firm to over 400 employees by assisting real estate investors with creating and implementing solid entity structuring plans. His success in these regards is in large part due to his personal investing experience. A successful attorney, real estate investor, and speaker, Clint has used his innovative and dynamic strategies coupled with knowledge borne from experience to help thousands of people save millions of dollars and build real wealth.
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The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice. -
Met Megha K. Patel esq , LLC Law firm in North Brunswick Township, New Jersey
Law Office of Megha K. Patel, LLC
Law firm in North Brunswick Township, New Jersey -
Meeting with Maria Anne Young title director at providence abstract
Meeting with Maria Anne Young title director at providence abstract
Listen to this title knowledge must for any realtor buyer and seller . Best if you do flips
Part 1
