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The New Jersey Department of Banking and Insurance (DOBI) is one of 15 principal departments in New Jersey government. The department's mission is to regulate the banking, insurance and real estate industries in a professional and timely manner that protects and educates consumers and promotes the growth, financial stability and efficiency of these industries. [1]
Although the original estate had included over 1,000 acres of land, by the time of the sale listing, development had pared the size down to 12.5 acres. [2] Although the developer-owners Darlington Associates tried to sell the 45,000-square-foot mansion and 12.5 acres for $25 million, the property was later re-listed at $11 million.
The typical commission on a real estate transaction totals somewhere between 5 and 6 percent of the home’s sale price, split evenly between the listing agent and buyer’s agent.
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Morris Township is a township in Morris County, in the U.S. state of New Jersey.As of the 2020 United States census, the township's population was 22,974, [9] [10] an increase of 668 (+3.0%) from the 2010 census count of 22,306, [18] [19] which in turn reflected an increase of 510 (+2.3%) from the 21,796 counted in the 2000 census. [20]
Morris County is a county located in the U.S. state of New Jersey, about 30 mi (48 km) west of New York City.According to the 2020 census, the county was the state's tenth-most populous county, [3] with a population of 509,285, [4] [5] its highest decennial count ever and an increase of 17,009 (+3.5%) from the 2010 census count of 492,276, [6] which in turn reflected an increase of 22,064 (+11 ...
Flat-fee real estate agents charge a seller of a property a flat fee, $500 for example, [11] as opposed to a traditional or full-service real estate agent who charges a percentage of the sale price. In exchange, the seller's property will appear in the multiple listing service (MLS), but the seller will represent him or herself when showing the ...
Another sale contingency – Purchase or sale of the real estate is contingent on a successful sale or purchase of another piece of real estate. The successful sale of another house may be needed to finance the purchase of a new one. Appraisal contingency – Purchase of the real estate is contingent upon the contract price being at or below a ...
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