The main difficulty with mobile homes is that they are considered a motor vehicle, not a "house". Therefore, you cannot obtain a mortgage. You need to find alternative financing, just as you would for the car you drive. This makes MH more challenging to purchase and therefore resell.
Check a little bit more into financing the MH and also the $20. A month fee, that sounds very cheap. Most of the MH parks charge a few hundred, that's how the owners who own the land make money.... more
If you are talking about Park Place, the prices vary from mid $200's to high $300's. Adding on upgrades can bring the price way up. There is a mix of condos and townhomes. The project is not yet complete. They are building but you can see there is still undeveloped empty land. They are in a more city-like atmosphere, walkable to restauarnats and shopping if that is what you like.
Buying a new home...the appeal is that it is new. Plan on staying awhile, reselling before the place is complete, you would be competing with new homes. That is never a good thing. Time will tell how well these will sell in the future.
The new townhomes do seem to be selling well as many do love NEW!... more
Hi Kenji, I answered a question of yours before. No, I do not recommend waiting any longer. Now is the time to buy. The prices are not going to go any lower and the interest rates will not either. In fact they may rise a little in a week or so. Is there a reason you have not contacted me?
Eric Axelson, Associate Broker
Kurfiss Sotheby's International Realty
are you the buyer or the seller? Ask your agent why they are reluctant to work with short sales. If you are a buyer, it may help you decide if you want to deal with them. I just had a lender say they wanted the seller to sign a deed in lieu, that they would not approve a short sale. They can be aggravating for all concerned.... more
I've done some looking around and it does not appear that The Barclay Towers accepts section 8. Here is a link that I found that is a good tool when looking for Section 8:
Hope this helps!... more
Just like the listing says. "Huge, you got it."
I'm not going to sugar coat it. Taxes are high in NJ. But gas is cheap. :). I moved to NJ from NY about 10 years ago. Taxes are worse in NY. Just the honest truth for you.... more
During a recent workshop, a lender advised for VA and FHA loans, you need to wait 2 years and must have re-established credit. For USDA loans, it's a 3-year wait and also requires re-established credit.
Please feel free to contact me and I can refer you to several lenders who would gladly review your situation.... more
No one has a crystal ball. If you are looking for the most competive programs, I would the opportunity to help you. If the numbers makes sense, thats the most improtant thing. If you are looking to buy and sell, you can play the stoc market as well... more