New Construction Condos for Low and Moderate Income Buyers. Haskell, NJ, Passaic County

Posted on May 12th, 2013

Haskell, Passaic County:New Condos for low & moderate income buyers.  

Affordable housing for low and moderate income buyers. New construction condos and townhomes. Parkside at Wanaque, http://snappages.com/resources/snap/assets/icons/media_50.png63 Fourth Avenue, Haskell, Passaic County N.J. 

Now this is what makes Real Estate rewarding: A component of New Construction Real Estate in NJ is that a Developer makes provisions for low and moderate income buyers to have an opportunity to purchase a new home that is new construction. Parkside at Wanaque located in Haskell NJ, in Passaic County, is one of these new construction condo and townhouse Communities.. Potential buyers submit an application to see of they are eligible to purchase a new home based on Household income and size..

A "lottery" drawing is held on a specific date of the eligible prospects. They are then contacted in exact order of lottery drawing to see if they still have an interest in purchasing. If they do, Century 21 Crest Real Estate, the exclusive Broker for Parkside at Wanaque, arranges an appointment to meet to explain the process, review the plans and features and determine if they want to proceed. They are also pre approved by a mortgage lender at this time. Once income certified, the buyer goes into contract and within a few short months is moving into their new home.

You can feel the genuine excitement and thrill these buyers have at being given this opportunity.  They truly express their feelings of having "won a lottery". 

The buyers prospects for these new homes I have met so far are hard working and gainfully employed individuals.  The buyers must have sufficient employment income and a good credit rating in order to purchase.

The price of these new construction condos are offered at a substantially lower price than the "fair market" units that are for sale. This is what makes them "affordable" for low and moderate income buyers. The Builder subsidizes the purchase. 

This week I met prospective buyers who are a bank teller, grocery store employee, drug company employee, newly employed police officer, hospital billing employee and special needs children social worker.

It's not too late to submit an application. Visit www.CGPH.net or call 609-371-2181 Extension 22.  You can also check out www.affordablehomesnewjersey.com for information about affordable rental and sales units.

You can also contact Marie Episale, Sales a manager at Century 21 Crest Real Estate for specific information about the Parkside at Wanaque new condo and townhome community. 973-636-7476. mcepi@aol.com  


Posted in not categorized    Tagged with no tags


0 Comments


Leave a Comment