Title

You did it. You found your dream home. Now it is time to officially make it yours. For many, this will be the largest financial endeavor you will ever be a part of. RMSTA is by your side every step of the way to efficiently and accurately handle this complex transaction.

In many areas across New Jersey a real estate attorney is not typically utilized in the buying or selling of a real estate property. In these situations, homeowners and realtors have to rely on a title company to provide settlement services – the management of the completion of a transaction between a seller and a buyer. This where our RMSTA settlement agents excel. We have worked in this capacity for countless transactions state-wide. We understand that a smooth closing is in everyone’s best interest. 

RMSTA will work tirelessly to make sure that there are no unknown claims made to the ownership of your potential new home. We will determine the legal owner of the property; reveal any mortgages, liens, judgments, or unpaid taxes that will have to be satisfied before the property is conveyed; and detail any existing easements, restrictions, or leases that affect the property. We want to help protect you against a loss that may arise by reason of a defect in your ownership or an interest you have in a property. It is important to RMSTA that our clients are fully confident and comfortable when purchasing their real estate property.

Please note that RMSTA only provides settlement services, not legal services. We do not represent the purchaser or the seller with any legal documentation or negotiation of the contract.

Appraisal

An appraisal is an opinion of value, which can have many different uses. There are many reasons why a homeowner might want to get an appraisal such as, wanting to make an educated decision about buying or selling a property, to lower property insurance requirements or mortgage payments.

Regardless of the specific reason, getting a home appraisal is a key component of any real estate transaction, and it is important that you understand how the appraisal process works and how an appraiser determines a home's value. RMSTA will take the extra time to ensure homeowners are comfortable and understand the process.

Realtors also have uses for appraisals when assisting homeowners in buying or selling their property. A preliminary appraisal can be an important part when listing properties by showing clients the unbiased value of his or her property. This is based on factors such as square feet, number of bedrooms and bathrooms, the location and age of the property and any interior improvements.

Avoid potential mistakes by “guesstimating” what you may think the property value is. The real estate market is already complex. By enlisting RMTSA it will help you advise your clients to the best of your ability to ensure they accept an appropriate offer and avoid disappointments when properties fail to appraise high enough to meet mortgage requirements.

The appraisal process can be confusing and intimidating for buyers and sellers, especially when the parties have an emotional attachment. As a Realtor, they will look to you for reassurance and next steps. RMTSA understands that by helping Realtors gain basic understanding of how the appraisal process functions it will be for everyone’s benefit at the closing table.