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Showing posts with the label selling house

Insights into New Jersey's Buyer's Market

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  Are you curious about the current state of the real estate market for buyers in New Jersey, NJ? Let's delve into the key factors that shape the landscape and provide valuable insights for prospective buyers.   Abundance of Inventory: New Jersey currently offers a robust inventory of properties for sale, presenting buyers with a wide range of options to explore. This increased supply empowers buyers to be selective and find a property that aligns with their specific needs and preferences. Favorable Pricing: The buyer's market in New Jersey is accompanied by favorable pricing conditions. With a healthy inventory and competition among sellers, buyers have an opportunity to negotiate and potentially secure properties at competitive prices. This affordability factor enhances the overall value proposition for those looking to invest in New Jersey's real estate market. Increased Negotiation Power: In a buyer's market, buyers typically have more leverage during the negotiatio...

4 Hidden Costs of Hiring an Agent to Sell Your House in New Jersey

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  If you're planning to sell your house, you may initially consider hiring a real estate agent to list your property. However, the process of listing your home can incur numerous expenses that you may not have initially anticipated. Here are four hidden costs of hiring an agent to sell your house in New Jersey that you should be aware of.   Commissions and Fees One of the hidden costs of hiring an agent to sell your house in New Jersey is the commission, which is usually determined when you sign the listing contract. However, you won’t feel the impact until you add up the extra fees at the closing table. This concern about losing profits to commissions often leads sellers to attempt to sell their homes as an FSBO, or for sale by owner, but these listings typically sell for less. Fortunately, professional buyers like MOJO HOUSE BUYERS offer a solution. By selling your house directly to a professional buyer, you can avoid these costs because they never charge commissions or hidd...

Legally Selling an Occupied House with Tenants: Tips to Navigate the Process Successfully

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  Selling a house with tenants can be a tricky process, but it's not impossible. You'll need to be prepared to navigate some potential challenges, but with the right approach, you can successfully sell your occupied property without causing any disruptions to your tenants. Here are some steps to help you sell your occupied house with tenants: Review Your Lease Agreement: The first step to selling a house with tenants is to review your lease agreement. This document will outline the terms of the lease, including the length of the lease, the notice required for termination, and any restrictions on showing the property to potential buyers. You'll need to follow the terms of the lease agreement to ensure that you're not violating your tenants' rights. Communicate with Your Tenants: Once you've reviewed the lease agreement, it's important to communicate with your tenants. Let them know that you're planning to sell the property and explain what the process wil...