Every real estate contract includes a provision for a date by which closing has to occur. But the vast majority of real estate transactions do not close on the contract closing date. That date is a target date by which all parties hope to have contingencies resolved...

In a real estate transaction, the title company is paid to ensure that the seller has actual ownership of the property being sold and that there are no issues with the title being passed. They do this by doing a thorough search through county records to make sure that...

In most real estate transactions in New Jersey, a buyer has an opportunity to conduct home inspections to be aware of the condition of the property. Some properties are sold in “as is” condition. However, even in these cases, most buyers have the right to inspect the...

When a lender is involved in a real estate transaction, they will require an appraisal of the home being purchased be conducted in order to ensure that the mortgage amount is justified by the overall value of the home. An appraiser might come to the home and compare...

Purchasing a home is one of the biggest purchases a person can make in a lifetime. It is important for a home buyer to be aware of the condition of the home before a purchase. Because of that, most real estate contracts provide for a period of time during which a...