Tag Archives: Jodi Stasse

Real Estate Views-Trump Plaza Residences Jersey City Looks Ahead After A Summer Of Success

Retail, Referrals and Rooftop Radiance Abound At the Sophisticated Luxury Condominium

Trump Plaza Residences Jersey City Lights up the night sky on the Downtown Jersey City Waterfront.
Trump Plaza Residences Jersey City lights up the night sky on the Gold Coast in Downtown Jersey City .

 Trump Plaza Residences Jersey City, the exquisite residential tower located on New Jersey’s prestigious Gold Coast, is celebrating a successful summer of stellar sales and building enhancements as it looks forward to exciting events in the coming new year.

Sales at the luxury condominium at 88 Morgan St. have greatly exceeded expectations, with approximately 50 homes having sold since January of this year. About 20 residences sold during the summer months, which is typically a slow time for real estate sales.

 

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REAL ESTATE- FHA Financing Brings Sales Success to Trump Plaza Residences Jersey City

Upcoming FHA Guideline Changes and April Tax Credit Deadline Mean The Time To Buy Is Now

jc-trump-bldgJersey City, N.J. (Mar. 3, 2010) – Trump Plaza Residences has been able to place many buyers into their dream homes at the 55-story Jersey City luxury condominium tower due in large part to the property’s FHA (Federal Housing Administration) loan-compliant status under which the federal government insures private loans to qualifying borrowers.

FHA mortgage terms for New Jersey, differentiating from county to county, allow for loans up to $729,000. The majority of prospective buyers at Trump Plaza Residences are first-time homebuyers seeking homes in the $450,000 to $600,000 price range, therefore qualifying for FHA financing. FHA loans have no income limits, allow for less-than-perfect credit histories and allow buyers to put down as little as 3.5 percent, compared to 10 to 20 percent for a conventional mortgage. Continue reading REAL ESTATE- FHA Financing Brings Sales Success to Trump Plaza Residences Jersey City

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