Mortgage Satisfaction For a Seller Very often, a person who is selling their home will ask me, “How does my mortgage get satisfied at the time of closing?” Prior to the closing, the seller will provide my office with the name, phone number, and account number associated with the mortgage that they currently have onRead More
What should I know about the day of closing? The day of closing when you are purchasing a home is an equally busy and exciting day for those involved. First, you must do a walk-through inspection of the home you are buying with your realtor. After the walk-through inspection, you will go to your attorney’sRead More
Buyer’s Closing Costs When buying a home, you will be responsible for paying a number of closing costs. You will have to pay for the title insurance, which is an insurance which protects you when you purchase the home to ensure that no one else has any interest in the property other than you. IfRead More
NJ Real Estate Taxes Real estate taxes in New Jersey are paid on a quarterly basis. The first quarter consists of January, February, and March. You pay your taxes in New Jersey in the middle month of the quarter. So, for the first quarter, your taxes would need to be paid on February 1st. ManyRead More
Who should be at the closing? Many times, a client will come in and wonder if they actually need to be at the closing when they are selling their home or another piece of property. The answer to that is no, not necessarily. When a closing takes place, there is generally a lot of paperworkRead More
