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Home Buying in Robbinsville : Real Estate Advice

  • All37
  • Local Info3
  • Home Buying13
  • Home Selling1
  • Market Conditions1

Activity 12
Mon Feb 3, 2014
Shalu Thaman answered:
Fri Jan 17, 2014
Tony Grech answered:
Yes. Social Security and Disability pay is an allowable source of income that you can use to qualify for any type of mortgage. You just need to be able to document the amount and that it will continue for at least 3 years.

Here are the main requirements for using these types of income:

Social Security income must be verified by the Social Security Administration (SSA) or from Federal tax returns. If any benefits expire within the first full three years of the loan, the income may only be considered as a compensating factor.

Notes:
· The lender must obtain a complete copy of the current awards letter.
· Not all Social Security income is for retirement-aged recipients; therefore,
documented continuation is required.
· Some portion of Social Security income may be “grossed-up” if deemed
nontaxable by the IRS.

Hope this helps!

Tony

Tony Grech | Mortgage Loan Originator | NMLS 977416
PMAC Lending Services, Inc.
Toll-free (855) 642-4762 | Fax (248) 595-7130 | Direct (248) 728-0078
tony.grech@pmac.com

Visit my website at http://tonygrech.pmaclending.com
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Tue Oct 29, 2013
Stacey Ferro answered:
Hi, I have sold in Edison and know the North Brunswick are well. If you are still looking to purchase I would be happy to speak with you and share properties that are available. Feel free to reply or email me direct at sferro@glorianilson.com I look forward to hearing from you. ... more
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Thu Oct 17, 2013
Anthony "Tony" Rosica answered:
Hi Sarabdeep, its six years old
0 votes 2 answers Share Flag
Wed Oct 16, 2013
Anthony "Tony" Rosica answered:
It is accurate. Town Center living is in more demand and therefore is increasing at a faster pace.
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Wed Oct 16, 2013
Anthony "Tony" Rosica answered:
The type of property effects the total assessed value. What kind of property are you interested in?
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Thu Aug 22, 2013
Stefanie R. Prettyman answered:
I know a couple of listings near hamilton train station. My office is located right near there. Please contact me skrolrealtors@yahoo.com, I will be more than happy to go over your wants and needs with you. ... more
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Fri Aug 9, 2013
Dawn D. Harrison answered:
I recently had a client move to Robbinsville just for that reason because two of their children have special needs. They are impressed with the system and the services provided by the schools and are very happy they made the move. ... more
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Sun Jul 7, 2013
Ed Schoen answered:
A large portion of property taxes are used for school budgets. Mercer County had many newer school districts without the assistance from the state in the way of state aid. Just think the average cost to educate one child is over $12,000. Two children in the school system cost that municipality $24,000. Many towns in Mercer County have their own schools from K-12, and are not linked with other towns. ... more
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Mon Jan 17, 2011
Jason Baez answered:
Browse the profiles of a few agents in the area and give a few a call. Work with the one that gives you the best service and you "click" with. Good luck.
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Wed Oct 20, 2010
Kim Tokar Team answered:
Ny,

I did some research for you and found that only two things sold in Washington Town Center in the last two years. Both of them sold at 199,900 and had 795 square feet.

So, based on the fact that absolutely nothing is selling there I would just move on to some better area. Also, high maintenance fees do not affect appraisals but they do affect resale of the property.

Currently we are finding it harder to get funding for our clients in condo's because of the default rate of the residents who live there. If there is more than a certain percentage of people not paying their condo fees FHA will not lend on it. I would ask the condo association for that percentage before putting in an offer.

Hope this helps,


Joel
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Tue Jul 29, 2008
Shalu Thaman answered:
Hi Sb,
This is a great site to review schools. Here is a link for Robbinsville.

http://www.greatschools.net/search/search.page?state=NJ&q=robbinsville&type=school
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