Piazza & Associates Inc.
 

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Marketing Tools
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CALCULATOR UPDATED 5/2/2013

There have been no updates since that time.

The calculator provides and estimate, only, and is subject to corrections and updates without notice.  To obtain an official MSP or MRA, please submit a Request Form in writing, together with a copy of your current recorded deed.  Mail them to Piazza & Associates, Inc., 216 Rockingham Row, Princeton, NJ  08540.




 

  Piazza & Associates, Inc.

Princeton Forrestal Village
   216 Rockingham Row
   Princeton, NJ 08540

t.609.786.1100
f.609.786.1105

Info@HousingQuest.com


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New Sale Units
now available at reduced
prices

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Resale and Refinance Calculators

Select the municipality in which you own your affordable home.  The calculator will help you determine the current Maximum Sale Price (MSP)* and the Maximum Refinance Amount (MRA)** allowed by the rules set forth by the New Jersey Council on Affordable Housing. 

 

NOTES:  * The MSP is the maximum price as allowed by the regulations.  Market conditions may effect the market value of any home, including an affordable home, so we can not guarantee that a seller will receive the MSP.  Please also note that typical "upgrades" (new flooring, countertops, appliances, etc.) are NOT factored in the calculation of the Maximum Sales Price (MSP).  If you have added central air conditioning (where there was none, before) within the last ten years, or if you have added an addition to the structure (e.g. extended the home to add a bedroom), then you may be entitled to an increase over the estimated calculation.  Contact us for details.  ** The Maximum Refinance Amount, which is 95% of the MSP, is the limit of the total amount of financing, secured by the affordable property.  The MRA includes all forms of mortgages and home equity loans.

If calculators do not work, contact us, and we will do the calculations over the phone.

For further information on selling your affordable home, go to our Resale and Refinance Information page.

Questions? E-MAIL us at: Info@HousingQuest.com