Short Hills, Millburn, Livingston, New Jersey and Midtown Direct Real Estate, Home Buying and Selling, Top Realtor, Perri K. Feldman

Contact Perri K. Feldman 973.650.4727

NJ Real Estate Laws Category

New Jersey Home Seller’s Realty Transfer Fee (RTF)

February 27th, 2008 | Filed Under: NJ Real Estate Laws, Selling A Home in NJ | Leave A Comment

Short Hills, Millburn, Livingston, New Jersey and Midtown Direct Real Estate, Home Buying and Selling, Top Realtor, Perri K. Feldman

The New Jersey Realty Transfer Fee (RTF) question comes up on a daily basis with sellers...so, I asked my go-to New Jersey Real Estate Attorney Rosemary Stone-Dougherty to shed some light on this topic: The New Jersey Realty Transfer Fee (RTF) is essentially a sales tax based on the sale of your home and is paid by the seller. It is strictly calculated off the Deed price of your home and per Statute. Unfortunately, there is not an easy calculation for this...Continue Reading!

What is Title Insurance & Why Do I Need It?

December 3rd, 2007 | Filed Under: Buying a Home in NJ, Condo & Townhouse Living in NJ, NJ First Time Home Buyers, NJ Real Estate Laws | 4 Comments »

Short Hills, Millburn, Livingston, New Jersey and Midtown Direct Real Estate, Home Buying and Selling, Top Realtor, Perri K. Feldman

For many Americans, the purchase of a home is the single largest investment they will ever make.  Home-ownership is an integral part of the American dream, yet like anything else, purchasing a home comes with certain risks.  Homeowners insurance and flood insurance help protect you from loss or damage due to theft, fire, or acts of nature. But what if your ownership itself was challenged?  Title insurance protects property owners or others with a financial interest (such as a mortgage lender) from loss...Continue Reading!

New Jersey Buyer’s Mansion Tax

November 21st, 2007 | Filed Under: Buying a Home in NJ, NJ First Time Home Buyers, NJ Real Estate Laws | Leave A Comment

Short Hills, Millburn, Livingston, New Jersey and Midtown Direct Real Estate, Home Buying and Selling, Top Realtor, Perri K. Feldman

Congratulations!!! You just placed a bid on a home in NJ over $1,000,000, and the seller agreed to your price!!!  Did you know that you will owe the State of New Jersey 1% of the total purchase price for any property purchased with a sales price of $1,000,000 or higher?  Welcome to the NJ Buyer's Mansion Tax. The fee is paid to the County Clerk where the property is located. Both residential and commercial properties are impacted by this fee. (There are...Continue Reading!

About Perri

Perri K. Feldman

"Perri was very reactive AND proactive. Clearly, she has an excellent grasp of the towns and counties she covers and went the extra mile to educate us on an area we were not entirely familiar with." Steve & Laura Lee

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About Perri

Perri K. Feldman

Contact Perri K. Feldman Your Neighborhood Expert

Mobile 973.650.4727

Office 973-376-0033

Email Perri@MidtownDirectHomes.com