BUSINESS BRIEFS

Effective Jan. 1, 2016, the Edisonbased public accounting firm, The Mironov Group, will combine its practice with WithumSmith+Brown, PC (Withum), a regional certified public accounting and consulting firm with 12 offices, 550 staff members and annual revenue of $115 million, ranking in the top 30 firms in the country. Jim Boland, CPA, CVA, who has …

Buying a condo not the same as buying a home

Stringent lending policies and the escalating costs of home ownership have led many prospective home buyers to consider condominiums instead of single-family homes. Condos are typically less expensive than single-family homes, which makes lenders and borrowers alike feel more comfortable. Lenders feel better because the loans aren’t as large, while borrowers are more comfortable because …

TAKING AGENTS’ WORDS

One might think that tech-savvy buyers solely rely on the Internet for their home-buying needs. After all, the keyboard offers an easy way of locating and viewing homes for sale. As it turns out, however, there is no substitute for the real thing. According to a recent report, even though more consumers conduct their home …

Unequal DUI laws

Q&A with Sharon Peters Q: My nephew has been picked up for driving impaired at least four times. Very little in the way of punishment ever happens. And still he drives. In my part of the country, he would have lost his license years ago, and probably would have done time. He lives in Pennsylvania. …

Coldwell Banker reports ranks most expensive, most affordable markets in New Jersey

Coldwell Banker Real Estate LLC has released its 2015 Home Listing Report (HLR), which ranks the affordability of 188 real estate markets in New Jersey. The Coldwell Banker HLR named Chatham Township the most expensive market in New Jersey, with an average listing price of $882,260, while Willingboro ranked as the most affordable market in …

NEW CHANGES FOR CLOSINGS

In the wake of the real estate bubble that saw consumers subjected to a number of unethical practices, changes have been instituted to the closing process that are designed to provide home buyers with more protections. Now, the loan disclosure documents combine the information required in the Truth in Lending Act (TILA) and the Real …

REAL ESTATE BRIEFS

Jack Waters, regional vice president of Weichert, Realtors, announced that the Old Bridge office was recognized for outstanding performance in November. The office led the region, which is comprised of locations throughout Middlesex County, in new home dollar volume, resale listings, resale revenue units and resale dollar volume. Additionally, sales associates John Horvath and Ranbir …