When looking to buy a new home there are several important factors that you must take into account. These include but are not limited to mortgage rates, debt-to-income ratio calculations, the down payment, the seller’s incentive, and the real estate agent. Does the agent use a multiple service listing database? And do you get along with and trust your real estate agent to get you the best deal and navigate the local market seamlessly?
Ridgewood NJ, Below is a link to an Op Ed piece Assemblywomen Holly Schepisi wrote in today’s Bergen Record regarding affordable housing.
” Housing isn’t affordable because residents pay property taxes that are often as much as their mortgage payments. Onerous court mandates on towns only drive property taxes higher, creating a never-ending cycle of un-affordability.”
“…we must define reasonable need. The costs associated with mandated affordable housing, like $15.25 billion more to fund education, aren’t taken into consideration by the court. The COAH should take into account current population size; infrastructure, water and sewer capacities; school class sizes and school services; and the impact of municipal services such as volunteer and staffed ambulatory services, fire departments, police departments, public transportation and traffic.
We must fix this issue before it is too late. Please join me in saving our beloved state while we still can.”
