Down Payments in the Long Beach Island Real Estate Market
Long Beach Island Real Estate
For many buyers in the LBI real estate market, a mortgage is an integral part of the transaction. Along with the interest rate and the type of loan being considered, the down payment is among the most common questions I am asked about. Since I am a real estate agent and not a lender, I must always suggest that a buyer speaks with a lender to determine the interest rate, type, and terms of the mortgage and, of course, the down payment. That said, there are some common themes we see play out in the LBI real estate market concerning down payments, and knowing about them can make you a more effective buyer.
By : Nathan Colmer | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
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