Long Beach Island NJ LBI NJ Real Estate Market And The Benefits Of A 20 Down Payment Or More

Dated: 05/10/2019

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Long Beach Island NJ (LBI NJ) Real Estate Market and the Benefits of a 20% Down Payment (or more)

Long Beach Island Real Estate

When looking to buy a home in the Long Beach Island real estate market often times a mortgage will be involved. While it is true that many purchases are cash transactions, especially in the higher price points, understanding financing options is a key step to shopping for a Long Beach Island home. Since the LBI real estate market is primarily a second home market, loans of less than 20% were non-existent until recently. In the past year or so, we have been seeing more and more low down payment loans, some as little as 5% or 10% down. To that end, buyers should understand the advantages of LBI Real Estate Market 20% Down Payments and how they can impact the ownership cost of a home.

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Nathan Colmer

LBI Office 12800 Long Beach Blvd Beach Haven Terrace NJ 08008 I have lived on LBI my entire life and am actually the 4th generation in my family to do so. This have given me a deep knowledge base ....

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