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Understanding the Mortgage Contingency in a New Jersey Real Estate Contract
ost residential real estate contracts in New Jersey contain a mortgage contingency clause. This provision protects the buyer by allowing the contract to be cancelled if financing cannot be obtained within a set period.
Peter Lamont, Esq.
Oct 245 min read
End of Summer Real Estate Checklist for Buyers and Sellers
Seasonal changes affect both the condition of properties and the pace of the market. Those who prepare for these changes are far more likely to avoid disputes and reach the closing table smoothly.
Peter Lamont, Esq.
Sep 265 min read
Homebuyers Waiving Home Inspections: What Are the Risks?
An alarming trend is homebuyers waiving their right to perform a home inspection. Does it make sense to waive your inspection rights?
Peter Lamont, Esq.
Feb 4, 20226 min read
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