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  Living in the Garden State attracts a mix of people unlike any other, where else can you live in the suburbs, spend the day at the shore, and then have a night on the town in New York City, with out spending hours in a car or airplane. The Central Jersey area is filled with people from such a wide variety of life that rarely is the Real Estate Market affected by the down sizing of one area of commerce or another. The Real Estate Market in Central New Jersey has been very strong over the last few years and continues to thrive. The market is beginning to turn from a true "sellers market" more towards the buyer for the first time in many years. We are starting to see upper bracket luxury homes prices begin to soften and an increasing inventory of homes among which there are quite a few good buys. The Bridgewater area and surrounding neighborhoods continue to be quite hot. It is not unusual to see multiple offers for a home in these areas soon after it has been put on the market. New home construction sales are still strong for both custom and portfolio builders. Give us a call and we can discuss your needs and how the current trends that we are experiencing will personally affect you, 800-586-2347. Or just fill out the form below and we will get right back to you. 
Financing Your Home >Watch Your ARMs Length
Most buyers know that first-year interest on Adjustable Rate Mortgages (ARMs) is typically lower than the interest on available fixed-rate mortgages. This makes ARMs easier to qualify for, but also requires that borrowers have some understanding about how such loans work, because there are significant details associated with the low first-year rate.
First, check to see how long the low rates offered on the ARM are guaranteed. After that period of time, the rates can go up two points a year to a typical rate cap of six points over the life of the loan. Lenders will usually require borrowers to qualify for a mortgage loan that is several percentage points above the actual initial rate charged on the ARM. This is intended to keep borrowers from becoming overburdened by debt. Some lenders may charge special fees or caps which can increase the cost of the loan. If you think that an ARM may work for you, it is a good idea to shop around.
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| Q |
Which house over 100 years old still holds the title as the largest house in the U.S.?
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| A |
The 250-room Biltmore House in Asheville, NC, built 1890-1895 at a cost of $4.4 million, is the largest house in the US. |
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