Home Buying in Fort Lee>Question Details

Gelenad, Home Buyer in Fort Lee, NJ

what are the board requirements for the plaza tower in fort lee nj?

Asked by Gelenad, Fort Lee, NJ Tue Apr 26, 2011

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The Plaza requires 51% down payment in cash and a 4:1 ratio of income to total monthly expenses (which includes but is not limited to maintenance fee, mortgage, car payments, other mortgage debt, and other recurring monthly debt.) After the down payment is made, you must have $500,000 in liquid assests available. There is also a move in fee and board application fee which I can send you if you would like.

Elaine Mosera
Broker Associate
Weichert Realtors
Fort Lee Office
201-592-1400 ext. 193
201-988-0972 direct
0 votes Thank Flag Link Tue Apr 26, 2011
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