New Multi Family Requirements

Posted by & filed under Buying, For Sale or Rent.

New multi family requirements were just announced by Fannie Mae.  This is going to make it harder to purchase a 1-4 family home.  Because Fannie Mae guidelines are now stricter, everyone needs to know about it.  I consider this a strong signal. 1-4 Family Homes Let’s begin with the fact that a 1-4 family home is residential property.  Because it’s residential property, you mortgage it the same way as a…

Bergen County Homes Sales Data from the New Jersey MLS

Posted by & filed under Buying, Selling.

You need Bergen County homes sales data from the New Jersey MLS so you’re on top of the market. The New Jersey MLS is the primary multiple listing service for all of Bergen County. They do a simply outstanding job in so many ways. There is comprehensive information on homes for sale as well as statistics on all aspects of the market. The sales data shows an improving market for…