Tag Archives: Trump properties

Celebrity Homes: Donald Trump’s First Mansion Is For Sale $54 Million

Donald Trump’s former Connecticut mansion that he bought at age 35 is for sale and featured this week at TopTenRealEstateDeals.com.

“Donald Trump’s First Mansion”

Donald Trumps first mansion Donald Trump was born into the real estate business in 1946 in New York City where his father, Fred Trump, was a developer. Donald got a jump-start in the business while he was still in college in the 1960s working menial jobs at his father’s lower middle-class apartment complex in Cincinnati.  In 1971, he moved back to New York City where he took over his father’s company changing the name to The Trump Organization and earned a reputation as a fast-rising real estate tycoon on hotel, condominium and casino projects. In 1986, he made a deal with New York City Mayor Ed Koch to renovate Central Park’s Wollman Rink. The ice skating rink was going on its seventh year of renovations when Trump volunteered to finish and finance the restoration with his own money. He completed the job in just three months. Continue reading Celebrity Homes: Donald Trump’s First Mansion Is For Sale $54 Million

Trump Plaza Residences Jersey City Announces Added Parking Incentive

Three Years Of Free Parking Offered With Any Condo Purchased From Today To Memorial Day

trump-building-exteriorbldgcolor1Jersey City, N.J. (May 11, 2010) – Trump Plaza Residences Jersey City is making an offer many will find hard to refuse at their luxurious residential tower in Jersey City, N.J. The offer includes a free pre-paid parking spot in their secured parking garage for three years to every buyer who makes a condominium purchase between now and May 31, 2010.
Continue reading Trump Plaza Residences Jersey City Announces Added Parking Incentive

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