Have your home inspected by a New Jersey Home Inspector , who has been performing NJ home inspections since 1993.  When you are hiring a New Jersey home inspector make sure you find out if the person who will be performing your home inspection is a Licensed Home Inspector and a New Jersey ASHI Member.

This function will give you a general idea of the amount of money that you will be qualified to borrow. Check with your loan officer for the exact amount. The rule of thumb is as follows: the principal, interest, real estate taxes and insurance payments can not exceed 28% of your gross income (income before taxes are taken out). These payments plus your other outstanding monthly installments can not exceed 36% of your gross income.

Even though this is the rule of thumb, many lenders are flexible as to the exact percentages that they will allow. The software gives you the ability to adjust these percentages to see the results of different "what-if" scenarios. If you do not have a lender, a good resource is your REAL ESTATE AGENT. He or she will be able to recommend a lender that may be willing to work with you.

See the help screens for the individual fields by clicking on the underlined key words (links).

Accurate Inspections, Inc.
Michael Del Greco, President
New Jersey Home Inspector License # GI0121
American Society of Home Inspectors Member #102273

(973) 812-5100 - Your call will always be answered by a trained professional

File last updated February 08, 2012 * Copyright © 2012 All rights reserved by: Accurate Inspections, Inc. A New Jersey home inspection firm 56 Woodland Drive, Woodland Park (formerly West Paterson) NJ 07424 973-812-5100 providing New Jersey Certified Home Inspections in NJ, by New Jersey Licensed home inspectors. Inspector of record Michael Del Greco, New Jersey Home Inspector License GI 0121.