Check list after winter storm

🏠 Landlord vs. Tenant Single-Family · Duplex · Townhouse What’s the Same—and What’s Different? One of the most common questions property owners ask is:“Is this my responsibility, or is it the HOA’s responsibility?” Especially during the winter season, maintenance and damage issues arise more frequently.Responsibility can vary depending on the type of property, so understanding these differences in advance is essential. 🔍 Items That Apply to Almost All Property Types 1️⃣ Frozen Interior Pipes (Lease Agreement Review Required) For frozen pipes, the first step is always to review the lease agreement to determine shared or assigned responsibility. If the lease states that the tenant is responsible for maintenance, the landlord cannot avoid responsibility if the damage was caused by the tenant’s failure to properly manage heat or water use. However, pipes located in: Garages Basements Exterior walls Main interior plumbing systemsare almost always considered the owner’s responsibility. 2️⃣ Heating Systems & Venting Each unit’s boiler, furnace, and venting system—including blocked exhaust—are…

0 Comments
Check list after winter storm
뉴저지 부동산 Richard Choi

겨울철 눈 폭풍 후 점검 필수!!

🏠 Landlord vs Tenant 단독주택 · 듀플렉스 · 타운하우스 문제 발생시 누구의 책임일까요? 집을 소유하고 계신 분들이 가장 헷갈려하시는 부분은 바로**“이 문제가 우리 집 책임인지, 아니면 HOA(관리비) 쪽 책임인지”**입니다. 특히 겨울철에는 한파, 폭설, 결빙 등으로 점검해야 할 사항이 많아지는데,주택 타입에 따라 책임 주체가 달라질 수 있어 사전 확인이 매우 중요합니다. 🔍 모든 주택 타입에 공통으로 적용되는 사항 1️⃣ 실내 배관 동파 (임대 계약서 확인 필수) 배관 동파 문제는 임대차 계약서에 명시된 책임 조항을 먼저 확인하셔야 합니다. 계약서에 세입자가 관리 책임을 진다고 명시되어 있다면→ 세입자의 관리 부실로 인한 동파에 대해 오너가 책임을 면하기 어렵습니다. 다만, 차고 지하실 외벽 쪽 배관 유닛 내 기본 배관👉 대부분 오너 책임으로 보는 경우가 일반적입니다. 2️⃣ 난방 시스템 & 배기 각 유닛별 보일러, 퍼니스, 배기 시스템 문제는안전과 직결되는 사안으로, 거의 예외 없이 유닛 오너 책임입니다. 난방 불량 배기 막힘 일산화탄소 위험→ 즉각적인 점검과 조치가 필요합니다. 3️⃣ 실내 누수 흔적 천장 물자국 벽 곰팡이 실내 습기 및 마감 손상 누수의 원인이 지붕이나 외벽 등 외부에 있더라도,이미 발생한 유닛 내부 데미지는 유닛 오너 책임으로 보는…

0 Comments
겨울철 눈 폭풍 후 점검 필수!!
뉴저지 부동산 Richard Choi

2026 Housing Market Surprise: Mortgage Rates Dip Below 6%

1️⃣ The "5.8% Forecast": Breaking the Psychological Barrier For a long time, the 6% mark has been a major psychological hurdle for buyers. Thanks to the government-sponsored enterprises (GSEs) stepping in to purchase $200 billion in MBS, we are seeing a direct downward pressure on rates. The New Reality: While we previously expected rates to average 6.1%, the new forecast for 2026 is now 5.8%. Immediate Impact: Mortgage News Daily already recorded a 30-year rate of 5.99% last week. Monthly Savings: A 0.33% reduction in rates translates to approximately $60 in monthly savings on a typical new mortgage. Over time, this significantly increases your total purchasing power. 2️⃣ More Houses on the Market, More Buyers in the Game The "Rate-Lock Effect"—where sellers stay put because they don’t want to give up their low pandemic-era rates—is finally beginning to ease. Increased Listings: As market rates fall closer to sellers' original locked-in rates, more homeowners are feeling comfortable listing their homes and moving.…

0 Comments
2026 Housing Market Surprise: Mortgage Rates Dip Below 6%
New Jersey Realtor Richard Choi