Buying a home in New Jersey requires getting pre-approved for a mortgage, hiring a local agent, and hiring a real estate attorney for the mandatory three-day attorney review period. In this competitive market, be prepared to act quickly, act on inspections, and understand high property taxes. Key tips include checking for major structural/HVAC issues and looking at school districts for long-term value. Contact Keller Williams Realty for assistance in the home buying process.

• Get Pre-Approved Immediately: In a fast-moving market, a pre-approval letter shows sellers you are serious and helps define your budget.
• Navigate Attorney Review: Unlike some states, New Jersey requires an attorney review period (usually three business days) after a contract is signed, allowing for modifications or cancellation.
• Account for High Taxes & Closing Costs: New Jersey has some of the highest property taxes in the U.S. Ensure you calculate these into your monthly budget.
• Prioritize Inspections: Do not waive the home inspection, especially for major items like the roof, windows, and HVAC system, which can be costly repairs.
• Focus on Location and 'Bones': Prioritize structurally sound homes in good school districts over cosmetic renovations.
• Be Prepared to Compete: In a hot market, consider having an escalation clause, acting fast on tours, and being flexible with terms.
• Check for Old Issues: Be aware of potential issues in older homes, such as underground oil tanks, older plumbing (galvanized pipes), or outdated electrical systems.