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Trulia Voices!
Hello Sam, sounds like you've got youself a pretty good deal. You may want to research with a good mortgage company, or your local bank (not sure if you bank at Franklin, or maybe Elmer) on a loan with a gift of equity. Since this is a family member, you could be able to do this. This will allow for you to not have to pay PMI, and actually make your mortgage even more affordable. Your recurring debt is what is going to matter, and also your income. Let me know if you need anything. - Mon Jul 7 2008, 09:08
It seems that the area is so ripe for the developement, being that these two projects you speak of were approved. Obviously, the Rowan situation has started, and seems to be moving fast. I drove through the Mullica Hill area as well, and was wondering what was going to happen with the light at the WaWa. Very interesting indeed. I don't know about the possibility of other commercial developements, but after the construction, and continued construction of RiverWinds, I think that is a trend that we may see for a while in this area. - Tue Jun 24 2008, 11:37
Investment Real Estate, Residential Real Estate
Graduate of the Realtor Institute