4 Ways You Can Improve the Value of Your Business

If you are planning to sell your business or you are considering putting your business on the market, you want to present your enterprise as a profitable, money-making venture. The valuation process will determine how much your business is worth based on a variety of factors—from appraising your physical assets to projecting future cash flows. Therefore, getting a higher valuation will allow you to obtain a higher Read More

The 4 Benefits of a Home Inspection

Buying a new home can be both an exciting and scary process. Unfortunately, many people do not know what to look for in order to spot problem areas before they buy. That is one of the many reasons that buyers frequently use the services of professional home inspectors to look over the home. There are many advantages to obtaining a home inspection before you buy. A few of the main benefits are described below: Read More

Understanding the Property Tax Appeals Process in New Jersey

Property taxes vary by the assessed value of your property. The tax assessment is a specific percentage of the market value of your property. The market value of your real estate will vary from year to year, which is why your taxes will change as well. In addition, the percentage of tax (often referred to as the “tax ratio”) will vary by the municipality and may change annually as well. In fact, the State Department Read More

How to Maximize the Appraisal Value of Your Home

Increasing the appraisal value of your home can help you sell it for top dollar. The appraised value may not be in line with what you actually paid for the home because the appraiser’s job is to determine what the house would be worth based on the market as it stands today. You can make certain changes to maximize the appraisal value of your home, which can be helpful whether you are selling or trying to Read More

4 Things Every Purchase Offer Agreement Should Include

Making an offer on a house can be an exciting, yet scary time for any soon-to-be homeowner. One of the most confusing aspects of purchasing a home is going through all of the contracts and paperwork necessary for the transaction. The purchase offer agreement is one such document that should give you pause. In addition to obvious terms, such as the purchase price and amount of down payment, every real estate Read More

Before You Go Solar, These Are the Essential Solutions That Need Answers

Solar energy is probably one of the most popular questions we are asked about in real estate. It's a great way to save money, and help the environment. Often, however, we still are unsure how it exactly works to help our clients. We recently spoke to Jerry Donovan of Direct Energy Solar, https://www.directenergysolar.com. Jerry was kind to field some frequently asked questions. We highly recommend taking a look Read More

What to Do If You Think Your Property Tax Is Too High

New Jersey homeowners generally pay property tax each year in four installments. They are due every February 1, May 1, August 1, and November 1. Owners usually receive the final tax bill itself in July or August. Property taxes are based on the value of your home. If your home is overvalued, then your taxes may be higher than they should be. Property values are not fixed, and they fluctuate from year to year. If Read More

Advantages and Disadvantages of Creating a Living Trust

A revocable living trust is similar to a testamentary trust, but it is established while you are alive, and you have the power to change it or adjust it as you see fit. It has a trustee that will administer the funds and beneficiaries. In this type of trust, you can be both the trustee and the beneficiary if you so desire. You can also set up a non-revocable living trust, which means that you cannot alter or destroy Read More

A Brief Overview of Asset Protection Planning

Asset protection involves keeping your personal and real property safe from being taken by creditors, particularly those who would win a lawsuit against you. The lawsuit could result from virtually any type of action, including a car accident, slip and fall situation, or even when you are involved in a foreclosure action. Some people assume that asset protection planning is only for those who are extremely wealthy Read More

What You Need to Know About Estate Planning for Adults with Special Needs

Estate planning can be challenging, but it is even more difficult if you have to plan for a dependant special needs adult. It is hard to predict what a special-needs child may need throughout their adulthood, but proper estate planning requires you to think about these aspects of your loved one’s future. For example, your estate plan may need to address unique issues that involve state or federal assistance, such as Read More