572 Kearny Avenue

Kearny, NJ 07032

(201) 991-5719

homes@midrealty.com

Compare Listings

“Let’s Talk Real Estate! “BUILDING CONFIDENCE” December 19th, 2018

Mid Realty officeJarlynn Hyde

Lets Talk Real Estate!

“BUILDING CONFIDENCE” 

Even when buying a new home from a builder, it pays to work with a real estate broker in order to protect your interests. To begin with, buyers should be sure that any earnest-money deposit they make be put into an interest-bearing escrow account held by a third party, which may be a licensed broker. This is especially important when construction has yet to be completed. Even when construction is completed, unpaid subcontractors may still be able to file legal claims called, “mechanic’s lien” against the property, which must be settled before a clear title can be established. Thus, buyers should require that the builder supply proof (lien waivers) in the sales contract that all the sub contractors have been paid. There is a common misconception among buyers that the process of buying new construction is pretty straightforward: walk into the builder’s office, pick a lot and design, and sign on the dotted line.What many potential buyers don’t consider is that the friendly salesperson at a new-home site is representing the builder, not the buyer. Buyers who are not represented by a realestate agent are taking a big risk with what is probably their biggest investment. For information, please give us a call. We are a privately owned agency that is not governed by a large corporation. “OUR SUCCESS HAS BEEN BUILT ONE SATISIFIED CUSTOMER AT A TIME.”

img

Mid Realty

Related posts

“Let’s Talk Real Estate! “ADAPTING TO CHANGE” June 19th, 2019

Lets Talk Real Estate! "ADAPTING TO CHANGE"  Traditionally, real estate sales and...

Continue reading
by Mid Realty

“Let’s Talk Real Estate! “IT WAS A VERY GOOD YEAR” June 12th, 2019

Lets Talk Real Estate! "IT WAS A VERY GOOD YEAR"  In 2018, U.S. home sellers enjoyed their...

Continue reading
by Mid Realty

“Let’s Talk Real Estate! “RENTERS FACE AFFORDABILITY CRUNCH” May 15th , 2019

Lets Talk Real Estate! "RENTERS FACE AFFORDABILITY CRUNCH"  According to a recent nationwide...

Continue reading
by Mid Realty

Join The Discussion