You found a great home for your family in New Jersey and put an offer on the property. The seller accepted. You're thrilled.
You and your spouse want to buy a house, and you need to apply for a mortgage. You know that most couples do it together and get a joint mortgage.
Your neighbor puts up a new porch on the back of their house, and you can't help but feel like something is a little off. You take a closer look and you realize what it is: The porch crosses the property line. The corner of it is sitting on your land.
Thinking about buying your next home in New Jersey? Whether you want to buy one this month or just sometime in the near future, it pays to plan ahead. Below are a few critical tips that can help you.
Whether you're buying a commercial property or a new home, you absolutely want to avoid a money pit: a building that just seems to keep absorbing all the money you can throw at it for repairs and upgrades. A property like this quickly ruins your investment and may actually prove too expensive to own. At the same time, it's very hard to resell it and move on.
When buying real estate, it is important to make sure that you understand how local zoning laws impact the use of that property. Remember, even if you own a piece of property or a building, that does not mean you can use it in any way that you want. These laws have often proven controversial for this very reason -- it could be argued that they infringe on the rights of property owners -- but they still stand.
Buying real estate on the water is almost always a big investment. It's considered more desirable and valuable by almost every type of buyer, such as first-time homebuyers, commercial business owners, retired couples and everyone else.
Are you trying to decide if you should sign a lease and rent a home or if you should get into the market and buy a house? It's a big decision, and it can be intimidating. There is a lot at stake. To help you, here are a few questions you should ask before making your choice.
It has been said that no previous generation knew as much about homebuying and their options as millennials, the generation that is currently buying first and second homes. Their parents had a lot more questions and learned more along the way. Young people in 2018 simply know more to start.
Homeownership in the United States is on the rise again. Millennials are driving this increase as they start buying homes, getting jobs and starting families.