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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.
1d5 min read
Fall Real Estate Transactions: Preparing Homes for Cold-Weather Inspections
As fall arrives in New Jersey, real estate transactions take on a seasonal character. Buyers and sellers alike must account for inspections that focus on issues unique to colder weather.
Peter Lamont, Esq.
Oct 14 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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