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Think twice before waiving contingencies to score a home

Think twice before waiving contingencies to score a home

by Third Party | Aug 6, 2021 | News/Current Events, Real Estate Agent Tools

Source: Standard —  While waving is generally a good thing, waiving is not. This is especially true when it comes to certain contingencies when writing an offer on a home. In a frantic effort to win a bid in a highly competitive market, we are seeing too many...
NJEDA Announces Additional $75M for Commercial Real Estate Projects

NJEDA Announces Additional $75M for Commercial Real Estate Projects

by Third Party | Aug 5, 2021 | Industry Updates, News/Current Events, Real Estate News

Source: NJB Magazine —  The New Jersey Economic Development Authority (NJEDA) announced a $75 million extension of the commercial component of the Economic Redevelopment and Growth (ERG) Program. The Authority also announced that the extended Residential ERG...
Seller Concessions: How to Get Your Closing Costs Paid For

Seller Concessions: How to Get Your Closing Costs Paid For

by Third Party | Aug 5, 2021 | News/Current Events, Real Estate Agent Tools

Source: Credible —  Homebuyers are sometimes caught off guard by how much money they need to bring to closing. In addition to the down payment, you’ll need to pay a long list of closing costs — including an origination fee, title insurance, and more — before you...
Sharp dive for mortgage rates sets off new refinancing boom

Sharp dive for mortgage rates sets off new refinancing boom

by Third Party | Aug 5, 2021 | News/Current Events, Real Estate News

Source: Yahoo Finance —  Many homeowners know a good deal when they see one. Demand for refinance mortgages is soaring, a survey by a major lenders trade association finds. Homeowners are stampeding toward mortgage rates that have been driven back toward...
My girlfriend cosigned my mortgage. I paid the mortgage for 4 years, plus a $125,000 down payment. She paid the utilities. Now she wants half

My girlfriend cosigned my mortgage. I paid the mortgage for 4 years, plus a $125,000 down payment. She paid the utilities. Now she wants half

by Third Party | Aug 5, 2021 | News/Current Events, Real Estate Agent Tools

Source: Market Watch —  Four years ago, I was downsizing and building a home while I still had a hefty mortgage on my first home. I couldn’t secure the loan on my own until the other house was sold. I applied for the mortgage with my girlfriend. I had a down...
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