First Time Home Buyers

First Time Home Buying

Waiver of Real Estate Appraisal

By rbrown | February 5, 2022

Did you know that a ‘Waiver of Appraisal” doesn’t mean your lender is not going to conduct an appraisal? Your lender will always conduct an appraisal unless you’re putting down a hefty deposit. It is at their underwriter’s discretion. A “Waiver of Appraisal” means that you will purchase a property at your contract agreed price … Read more

What Happens When There Are Multiple Offers in Real Estate?

By rbrown | February 24, 2021

In markets with high demand for real estate properties due to low inventories, such as New Jersey, receiving multiple offers on a property is commonplace. Such scenarios are caused by the number of prospective buyers exceeding the number of properties available on the market. Multiple offers will leave a potential buyer with the challenging issue of … Read more