NCJAR News
So, you’re ready to buy your first home! Congratulations on this exciting journey. But where do you begin, and what resources are out there to support you along the way? Here’s everything you need to know to get started as a first-time homebuyer:
Who Qualifies as a First-Time Homebuyer?
The term "first-time homebuyer" might be broader than you think. It can apply to more than just someone who has never owned a home. For example, you may qualify if:
- You haven’t owned a home in the last three years
- You’re a single parent who previously co-owned a home with a spouse
Definitions can vary depending on the program, so it’s helpful to check specific qualifications through resources like the Federal Housing Administration’s guidelines.
Finding a REALTOR®
As the National Association of Realtors®releases legal guidance on their settlement details, we will continue to monitor all occurring changes. Our agency forms were updated this week and are now available at //njrealtor.com/zipform.
Watch the video here: https://www.youtube.com/watch?v=9EMN5L27baE
VISIT THE FORMS LIBRARY
Please be advised that the NCJAR Wayne Office will be CLOSED from Wednesday, November 6th to Friday, November 8th.
For any questions or concerns during this time, feel free to reach out to us at 973-425-0110 or
Thank you for your understanding.
Stay on track with NCJAR’s latest updates! 2025 President-Elect Carolyn Bardach reminds members to complete their NAR Code of Ethics requirements by December 31st, 2024 and highlights opportunities for committee sign-ups, a new consumer guide to share with clients, an upcoming fair housing course on November 12th, and payment reminders for 2025 NCJAR dues.
Visit www.ncjar.com for details and registration. Let’s make this week productive!