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Don't Forget To Request A Quick Status Report On Any Homes Or Properties That Interest You! 

It can take days, weeks, or longer for changes to appear on web sites. Don't waste your time with less than current information. Request my free Status Report and find out if the homes you are interested in are still on the market, under contract, in escrow, or if the price has been reduced. 

The Status Report that you'll receive by email will also include other important information that has been left out or that is available to me through my professional resources, such as how long the property has been on the market, when it was last sold, what it sold for, and more. 

Remember: As a top Maplewood, South Orange and Montclair area real estate agent, it's my job to know more about a property than any web site. Make sure you have the most current information! 



School Reports in Maplewood, South Orange and Montclair, New Jersey
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Real Estate Tips
Disclosure Laws >Avoiding Delays During Escrow

Unforeseen problems can arise during escrow, and closing dates are never set in stone! Lenders, appraisers, title attorneys, credit check services, or anyone who is involved in the transaction could potentially delay a closing. Stay in close touch with your real estate agent, who will notify you of deadlines and help you deal with delays.

Well-written sales contracts are the key to avoiding problems during escrow. For example, provisions can be included in the agreement that require the buyer to provide evidence of sufficient funds for down payment and closing costs, or to present proof of the ability to obtain homeowner's insurance. Because of new restrictions on insurance policies, the mortgage lender may require insurance before funding the loan.

There is also a section in the sales contract wherein the seller makes a warranty to the buyer of the condition of the property. It is important to make sure that this clause is modified to reflect the seller's transfer disclosure statement. If this is not done, the seller could be required to repair items that are found to be dysfunctional or faulty, and this could add time to the escrow period.

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Real Estate Trivia
Q 
Where are church services held in the water each Sunday during July and August?

A 
At Half-Moon Bay, Ontario, worshippers gather in boats facing the natural stone pulpit, and hymnals are passed to the floating congregation by ushers in canoes.
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Thomas Laurita, REALTOR®, real estate agents and broker for Maplewood, South Orange and Montclair, New Jersey home listings, property and land for sale - NUMBER1EXPERT(tm)

Thomas Laurita
Better Homes NJ.com

VRI Realtors
539 Valley Road
Upper Montclair, New Jersey 07043
Office: 973-783-8993
Fax: 973-783-0218
Cell: 973-477-1164
Number 1 Expert E-Mail: thomaslaurita@NUMBER1EXPERT.com
Better Homes E-Mail: tlaurita@bhnj.com
Tom's E-Mail: talauri@aol.com

Tom Laurita and Associates/Better Homes NJ.com Team GIVES YOU MORE than you expect! Tom Laurita is a Member of the National Association of Realtors, West Essex Board of Realtors, North Central Jersey Board of Realtors. He has been distinguished with several awards - Circle of Excellence - Bronze 2001 - 2002, Silver 2003 - 2004, Gold 2005 - 2006. He has also been awarded "Entrepeneur of the Year". He volunteers for many organizations such as Lambda Legal; Defense, GLAAD, Human Rights Campaign Fund, and is a mamber of the Finance Committee for Garden State Equality. Tom's reputation, experience and expertise can SAVE YOU TIME AND MONEY in BUYING OR SELLING A HOME.

ABREcoBrokereProEqual HousingERCMLSREALTORRELOSRES


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