NOTE: Consumer guides do not constitute any change in NAR policy. Real estate professionals must ensure they market properties consistent with relevant MLS rules and educate sellers on the choices available.

What are housing assistance programs, and who are they for? 

How do down payment assistance programs work? 

Are you ready to take your homeownership journey to the next level? Don’t miss the Homeownership & Financial Summit on May 3, 2025, from 10 AM to 3 PM at County College of Morris (The Davidson Room), Randolph, NJ. Whether you’re a first-time homebuyer or looking to refine your financial knowledge, this event is designed to provide valuable insights to help you make informed decisions.

The summit will feature expert panels and breakout sessions focusing on a range of topics, including:

1. What to Look for When Hiring an Attorney: Learn how to select the right attorney for your homebuying process and avoid common mistakes.

2. Avoiding Missteps in the Title Process: Get expert advice on how to navigate the often-overlooked title process to ensure a smooth closing.

3. Repairing Your Credit the Right Way: Our new breakout sessions will guide you on improving your credit score in the most effective way possible.

Presented by: Central Jersey Housing Resource Center Corp. (CJHRC)

Are you aspiring to own a home but need assistance with the downpayment and closing costs? Join CJHRC's FREE Housing Downpayment & Closing Cost Resources Webinar to discover various grants and resources that can help make your dream a reality.

Date: Tuesday, December 12, 2024
Time: 6:00 PM – 7:15 PM
Link to Register: https://register.gotowebinar.com/rt/8868368759432248924 

Topics Covered Will Include:

• When to Apply for Grants: Understanding the optimal timing for grant applications to maximize your benefits.
• Homebuyer Education Requirements: Learn about necessary educational prerequisites to qualify for assistance.
• Affordability: Insights into downpayment requirements and limitations on mortgage amounts.
• Grant Opportunities: Detailed information on available grants, including CJHRC’s NEW Downpayment Grant.
• Terms & Conditions: Essential knowledge of grant terms before applying.
• Importance of Home Inspections: Why conducting thorough inspections is crucial in the homebuying process.

A Q&A session will follow the presentation, providing an opportunity to address your specific questions.

Are you considering attending an open house in New Jersey? Before you step through the door, it’s essential to be informed. As of August 17, 2024, many real estate professionals across the country will request that buyers sign a written agreement before touring a home. However, if you’re simply visiting an open house on your own, here’s what you need to know:

1. No Agreement Required for Open Houses: If you're attending an open house without a Realtor®, there's no need to sign a written buyer agreement. Open houses are an excellent opportunity to explore properties without commitment.

2. When Will You Be Asked to Sign?: Once you begin working with a Realtor®—meaning they've started helping you identify properties or arrange tours—you'll be asked to sign a written buyer agreement. This agreement ensures clarity and transparency in your home-buying process.