Advice Topics
- Buying (152)
- Selling (178)
- Renting (37)
- Market News & Trends (11)
- Finance & Legal Info (77)
- Tips & Advice (84)
- Working With an Agent (51)
- Marketing (4)
- Investing (13)
- Affordable Housing (13)
- Green Housing (2)
- Schools (1)
- Remodeling (29)
- International Real Estate (8)
- Terms & Definitions (23)
- Home Loans (10)
Top Contributors (View All)
Find a Top Real Estate Agent Near You
Are inspections required for Hope purchases in New Jersey?
Asked By Taramarie D. | Joint Base Mdl, NJ | 482 views | Finance Legal Info | 3 years ago
Answer(3)
Jamie Moreng
Move with Moreng @ eXp Realty LLC
Tara Marie,
No inspections are not required. However, unless you’re buying a knockdown or doing a rebuild (even then you prob want to do a tank sweep) we would strongly recommend an inspection during a home purchase, as it’s typically most of our clients biggest purchases of their life. Reach out to my preferred inspector if you need assistance @ [email protected]
- 1 year ago
Helpful (0)
Unhelpful (0)
In New Jersey, inspections are not required for Hope program purchases, but lenders may require them for underwriting and buyers may choose to do it for peace of mind. Consult a real estate agent, attorney or lender to understand the specific requirements.
- 1 year ago
- Helpful (0)
- Unhelpful (0)
Are you ready to find a top agent near you?
Browse profiles of the highest ranked agents in your area and find one that meets your specific needs.
Smaragda Ng
EXIT Realty Jersey Shore
Hi Taramarie,
Home inspections are not required by New Jersey but they probably are by the lender. I would definitely get one as this is a Huge purchase and worth it!
- 3 years ago
- Helpful (0)
- Unhelpful (0)
Related Questions
-
If I sell my home, will my boyfriend receive part of the sale?
I wanted some clarification before deciding to put my home on the market. My boyfriend and I purchased a home together several years ago. We split up so he signed a quitclaim deed but is obviously still on the loan. If I want to sell my home that I have been making payments on myself for the last 8 years. Does he need to sign anything and would he be entitled to any of the sale money?
- Asked by Eileen K.
- 876 views
- Finance & Legal Info
- 3 years ago
-
Can the new owner of the rental property I live in kick me out?
The rental property that I'm living in now was sold to a new owner. The new owner wants to kick me out, remodel the unit, and re-rent the unit for a higher price. Is that legal?
- Asked by Mario Z.
- Los Angeles, CA
- 765 views
- Finance & Legal Info
- 3 years ago