Real Estate
Frequently Asked Real Estate Questions
What kind of real estate matters do you handle?
We handle residential real estate transactions representing both buyers and sellers in New Jersey.
Typically, we provide the following services in connection with a residential real estate transaction: the preparation, negotiation, and/or review of the Contract of Sale and any amendments thereto, review of title reports, surveys and other documentation; preparation and review of closing documents; securing payoff information on any existing mortgages; preparation for and representation at the closing; and post-closing follow-up.
How long will it take for me to complete the real estate transaction?
Generally, a residential real estate transaction can be completed within two-three months unless there are significant title issues, structural issues or unforeseen financial issues.
What are the costs of a typical real estate transaction?
Our legal fees for handling residential real estate transactions are fixed. The fee for representing the buyer is $1,200.00. The fee for representing the seller is $850.00. You are also responsible to reimburse us for filing and search fees and any other necessary expenses in this matter. We do not charge for travel expenses, postage or copying.
Our legal fees may be increased to reflect unusual factors such as title problems or litigation arising out this matter, or other issues requiring us to devote unusual amounts of time and effort to represent you.
In addition to the legal fee, there are also closing costs that will be reflected on the HUD (Housing and Urban Development) statement including your obligation to pay third parties such as homeowner’s insurance, title company charges; bank and mortgage banker/broker charges survey fees, recording fees, realtor’s fees and other charges.
What should I bring to our first meeting?
You should bring a copy of the contract. If you are the seller, you should also bring a copy of the deed and survey, if you have it.