HOT TOPICS IN ATTORNEY REVIEW
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How to Survive the Inspection Contingency
After attorney review concludes and you’re under binding Contract, inspections are likely the next big thing on your mind. Your inspections will inform you of any structural, mechanical or environmental defects that need to be addressed and alert you to any potential...
5 Keys to Choosing the Right Closing Attorney
When you’re buying a home, the team that you surround yourself with can make or break your overall experience. A critical member of that team is going to be your real estate closing attorney. Think of your closing attorney as a project manager. The project is...
Underground Oil Tanks: What Every New Jersey Buyer Needs to Know
Ahh, the dreaded underground oil storage tank. Its presence can wreak havoc in any home purchase transaction, especially if you don’t fully understand the issues involved. So, what’s the problem with underground tanks anyway? The answer is simple: leaks and...
What Are My Closing Costs as a Buyer?
How much are my closing costs going to be? This is a question asked by every home buyer. As a baseline estimate, you can expect to pay an amount equal to 2-3% of your home’s purchase price in closing costs. So a home with a purchase price of $500,000 will have...
Understanding New Jersey’s 3-Day Rule for Attorney Review
Let’s go over the three-day timing of attorney review. First, the reference to three days is actually a reference to three business days. You have three business days from the date on which both you and the Seller have each received a copy of the fully-signed...