View some useful information below if you are selling or considering selling your home.
Seller FAQ
How do we determine the right list price for our home?
Determining the right list price includes many factors. First is the expertise of our company when determining the best list price. We have a finely tuned process for determining a good list price. This will include looking at comparable recently sold homes, homes pending and actively listed homes. The market will tell us if the home is priced right or over-priced, based on the activity you will get.
Do I need to make any disclosures about my home’s condition or history in New Jersey?
Yes, New Jersey law requires sellers to disclose any known material defects or issues with the property, such as structural problems, past water damage, or environmental hazards and more. We have the knowledge to assist you with filling out all the proper paperwork and required disclosures.
What documents and paperwork will I need to have or fill out to sell my home in New Jersey?
Common documents include the deed, property survey, disclosure forms, consumer information statement, mortgage payoff statement, purchase agreement, and any relevant permits or inspection reports.
How long does it typically take to sell a home in New Jersey?
The time it takes to sell a home in New Jersey can vary depending on factors such as market conditions, location, price, and the condition of the property. Homes properly price from the start have a better chance at selling sooner.
Are there any specific legal requirements or regulations I need to be aware of when selling my home in New Jersey?
Yes, New Jersey has specific laws and regulations governing real estate transactions, including requirements for property disclosures, contract terms, and closing procedures. It's essential to work with a knowledgeable real estate professional to ensure compliance.
What are the closing costs associated with selling a home in New Jersey?
Closing costs for sellers in New Jersey typically include expenses such as real estate agent commissions, attorney fees, title insurance, transfer taxes (1% in NJ), and any outstanding liens or mortgage payoff amounts.
Can I sell my home “as is” in New Jersey, or are there specific requirements for home condition?
While you can sell your home "as is" in New Jersey, disclosing any known defects is still required by law. Keep in mind that selling a home in need of significant repairs may affect its marketability and sale price. Making repairs yourself prior to selling, if possible, is always recommended. Home buyer's in NJ still have the right to an inspection in NJ even if home is listed "As Is". The standard legal framework for an inspection contingency in New Jersey requires that the Buyer give the Seller the opportunity to agree to repair a given defect, and the Seller must refuse to do so, before the Buyer is allowed to terminate the Contract under the inspection contingency.
What are the current market condition for home sales in Lavallette?
Current market conditions in Lavallette include low inventory! Home sales continue to be active. 2022/2023 seemed to be the peak for bidding wars. Where as these situations still present themselves at times, bidding wars have slowed. in 2022, Lavallette had 71 total residential sales. In 2023, 64 total residential sales. In 2024, Lavallette is on pace for a similar # of sales as in 2023.
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600 Grand Central Avenue
Lavallette, NJ 08735
732-793-7755 Office
732-793-1869 Fax
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