HomeAdviceFinance & Legal InfoAre inspections required for Hope purchases in New Jersey?

Are inspections required for Hope purchases in New Jersey?

Asked by Anonymous 772 viewsFinance & Legal Info08-04-2021

Answers (3)

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Jamie MorengRising Star11 Answers
Jamie Moreng

Move with Moreng @ eXp Realty LLC · Hoboken, NJ

(115 reviews)
Tara Marie, No inspections are not required. However, unless you’re buying a knockdown or doing a rebuild (even then you prob want to do a tank sweep) we would strongly recommend an inspection during a home purchase, as it’s typically most of our clients biggest purchases of their life. Reach out to my preferred inspector if you need assistance @ [email protected]
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05-20-2023··
Rich KimNovice3 Answers
Rich Kim

Real · Fairfield, NJ

(187 reviews)
In New Jersey, inspections are not required for Hope program purchases, but lenders may require them for underwriting and buyers may choose to do it for peace of mind. Consult a real estate agent, attorney or lender to understand the specific requirements.
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01-21-2023··
Smaragda NgNovice1 Answer
Smaragda Ng

EXIT Realty Jersey Shore · Toms River, NJ

Hi Taramarie, Home inspections are not required by New Jersey but they probably are by the lender. I would definitely get one as this is a Huge purchase and worth it!
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09-09-2021··
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