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Mortgage Calculator - Quickly calculate how much your monthly and total payments will be with this calculator provided by Homes.com. TripleCalc - FREE Software Download: TripleCalc lets you compare three loans at one time for your property or other New Jersey real estate. Top National Real Estate Web Sites - Real Estate Web Sites that include some unique sources of realty information, listings, and more. Ask Anything - Ask Jill Biggs Real Estate Team anything real estate. NUMBER1EXPERTS - List of all the NUMBER1EXPERT real estate agents and realty professionals and brokers in the USA and Canada with links to their personal web sites with homes for sale. Real Estate Dictionary - Complete real estate dictionary and glossary of realty words you'll use when you list and sell your Jersey City, Hoboken, Union City and Weehawken property in New Jersey, including legal terms definitions, and more. Go to Main Sitemap - Main sitemap sections include Find Jersey City, Hoboken, Union City and Weehawken Homes, For Home Buyers, For Home Sellers, Jersey City, Hoboken, Union City and Weehawken Information, Real Estate Resources, and About Jill Biggs Real Estate Team. 
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Buying Land and New Construction >From the Ground Up Buying land is different from buying a home, because you must resolve issues relative to land use restrictions, utilities, access and easements before building. When you locate land that seems right for your house, visit the local planning department before making an offer.
Ask whether city sewer, water and electricity are available. If not, you will need to calculate the expenses of installing a well and testing the soil for a septic system.
The land will be zoned for residential, business, or agricultural purposes. Does the zoning permit you to build the house you want? Are there easements on the lot that will limit where you can build or how you can access the property? Ask about the long-range plans for use of the surrounding land. The land will be more attractive if the city intends to build a park or new school nearby. But if a six-lane highway or a waste treatment facility are in the city's future plans, you may decide to look elsewhere for a place to build your dream home.
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| Q |
What does "contingency" mean in real estate?
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| A |
A contingency is a specified event that must take place before a home purchase contract is binding; for example, a sale can be said to be "contingent upon the sale of the buyer's current residence." |
 See More Real Estate Trivia > |
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