The J. A. Centanni works with clients who need assistance in purchasing or selling a residential or commercial property.
Yes. Real estate transactions aren’t as simple as one might believe and multiple steps are involved such as: 1) Attorney review, 2) Inspection contingency, 3) Mortgage contingency, 4) Title, and 5) Transfer of title. It is important to hire an experienced real estate attorney who has the desire to make your transaction a priority and keep the transaction moving forward.
Beware of the attorney who pushes the transaction to a non-attorney at their Firm. This does not help when there is an issue that needs to be resolved immediately and the attorney is unaware of the issue. Unfortunately, there are almost always issues!
Attorney review provides the opportunity for attorneys to review the Contract and provide changes. The attorney review period in New Jersey starts on the business day after the last party has signed the Contract. If neither attorney proposes changes to the Contract within a three-day period (weekends do not count) after the last party has signed, the Contract cannot be changed. If either attorney proposes changes to the Contract within a three-day period, the attorney review period three day clock has been stopped and attorney review can go on until both attorney reach an agreement regarding the proposed changes.
Costs associated with selling a home, include, but are not limited to the following:
Costs associated with purchasing a home, include, but are not limited to the following:
Title insurance guarantees the policyholder marketable title. It ensures the policyholder against events that may have happened in the past as well as from claims against the property from others. For example, a neighbor may claim that he owns part of your property. A title policy may pay to defend that claim up to the policy amount.