A real estate contract that contains a contingency or contingencies means that the contract will not be considered valid if certain conditions or events fail to exist at any point in the transaction. For example, a basic “loan contingency” ...
Bergen County real estate is booming and many first-time home buyers are anxious to purchase their dream home in one of New Jersey's most attractive counties. However, applying for a first-time home loan is understandably intimidating to those ...
As of the conclusion of the fourth quarter, the appraiser Jeffery Otteau announced home sale prices are up by 2.9% in New Jersey. The average home sale is now $276,944, which is the highest reported average since 2010. Otteau is an appraiser wh...
A New Jersey state bill called the New Home Fire Safety Act would require fire suppression systems in all new construction homes in the state. Under the bill, officials would be prohibited from granting occupancy certificates to any new constru...
As signs that the recession was finally ending began emerging from rising stock markets, increases in retail sales and employers once again hiring, the real estate industry jumped for joy when this economic upgrade stimulated buyers into purcha...
Following Hurricane Sandy's devastation of the East Coast last October, millions of homeowners were left with damaged houses but no insurance coverage to provide funds to repair the extensive damage. One report estimated that nearly 70 percent ...
According to the website Forecast-Chart.com, projected New Jersey real estate prices for 2013 are expected to decline slightly at a rate of 3.9 percent. In addition, appreciation rates for property and homes located in New Jersey may reach betw...
Experts discussing the current status of New Jersey's retail real estate market report that the vacancy rate of principle shopping malls and corridors in the central part of the state fell slightly over nine percent, down from the extremely hig...
One of the more privileged and fashionable communities in New Jersey as well as the U.S., Cresskill represents that quintessentially charming small town where streets are quiet and tree-lined, everyone knows each other in the neighborhood and l...
For people wanting to live in a beautiful, secluded, upscale suburb of New York City, the borough of Alpine, New Jersey (population 2300) provides the delightful environment as well as the luxurious homes for which they have been searching. Ear...