does anyone have a plan for buying a house? : r/newjersey - Reddit

You do not buy a house in this market unless you have good cash in the bank. It's the worst of both worlds right now - high prices and high interest rates. You will never be able to afford the …

CouponFollow Extension

100%
OFF

First-Time Home Buyer : R/newjersey - Reddit

1 week from now

100% on the flooding thing. New Jersey is mostly pretty good with not having severe weather, but flooding is becoming an increasing problem. Getting a good deal on a house only to have your …

reddit.com

20%
OFF

People Who Recently Bought A House In NJ, What Were Some Of

1 week from now

You will need to have your realtor check it- our HOA complex does not accept it so if you need 20%, you will need more money. And sometimes, the FHA appraiser may come out and be …

reddit.com

$50
OFF

Buying/renting In NJ : R/newjersey - Reddit

1 week from now

Buy an empty plug and build your own "tiny" house. It'll probably cost you ~$50k to have a self sufficient 650 square foot home if you build it yourself, but if you really wanted you could …

reddit.com

5%
OFF

8 Steps To Buying A House In New Jersey (2024 Update) - Clever …

1 week from now

Aug 30, 2024 · Government-backed loans, like Federal Housing Administration (FHA) loans, allow a minimum down payment of 3.5% toward your home's purchase.To be eligible for a 3.5% …

listwithclever.com

FAQs about does anyone have a plan for buying a house? : r/newjersey - Reddit Coupon?

How much is a home worth in New Jersey?

For a $522,643 home — the typical home value in New Jersey — that's between $15,678 and $26,130! After signing all of the paperwork, you'll get the keys and can move into your new house in New Jersey. Congrats! If you took out a mortgage to purchase the home, your first loan payment is likely due within a month after closing. ...

How much does a home cost in New Jersey?

But don't forget about local culture and amenities that fit your lifestyle. Currently, the median home price in New Jersey is $522,643, but prices vary dramatically from city to city and even from neighborhood to neighborhood! Also, look at past home value trends. ...

How do I buy a house in New Jersey?

️ Start the search: Get matched with vetted local real estate agents near you! Step 1: Save for a down payment. » A 20% down payment on a typical house in New Jersey can be about $104,529. You can choose a mortgage that requires less, but you might have to pay mortgage insurance and more interest over the life of your loan. Step 2: Find an agent. ...

How much is a down payment on a New Jersey home?

A down payment can be up to 20% of the home's final price. In New Jersey, that could mean paying up to $104,529 for a $522,643 home. If you put less money down, your mortgage lender will typically require you to get private mortgage insurance (PMI) on the loan. ...

Are there any homebuyer programs in New Jersey?

HUD has a list of additional New Jersey homebuyer programs on its website. Government-backed loans, like FHA loans, allow a minimum down payment of 3.5% toward your home's purchase. Even conventional loans allow for down payments as low as 3–5%, though the minimum varies by lender. But making a down payment of less than 20% comes with some risks: ...

Should you work with a local realtor in New Jersey?

Working with a local realtor can be enormously helpful when buying a home, especially in New Jersey’s competitive market. They'll provide a unique perspective, with in-depth knowledge of neighborhoods and their potential for appreciation over time. ...