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If you choose to hire a property management company to manage your real estate, make sure you require the individual or company to sign a written agreement that spells out roles, responsibilities & payment terms.
Homes priced between $800,000 and $1 million saw the highest rate of bidding wars in December.
Before you buy a previously owned property, call the local utility companies to try to get historical gas, electrical and water usage info. This will help you more accurately predict your operating expenses.
Home prices soared for a second straight year in NJ during 2021. After climbing 12% in 2020, they gained about another 15% in 2021.
Do a thorough title search before you buy a property to make sure that you get clear title free of outstanding liens or other encumbrances.
NJ home sales were down for each of the last five months of 2021
