Forums » All Categories » Mortgages » NJ » Hudson County » Jersey City » We are buying/Selling a property in Jersey City which is a legal 1 family as per the jersey City Zoning and tax records , This is old house about 70 years and rhe Ground level unit is separate from the main unit and is not connected - The ground level
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We are buying/Selling a property in Jersey City which is a legal 1 family as per the jersey City Zoning and tax records , This is old house about 70 years and rhe Ground level unit is separate from the main unit and is not connected - The ground level
(Jersey City, NJ)

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msaub posted on 22 Apr 2013 01:25 PM
We are buying a property in Jersey City which is a legal 1 family as per the jersey City Zoning and tax records , This is old house about 70 years and rhe Ground level unit is separate from the main unit and is not connected - The ground level unit ( the basement ) has its own entrance Mortgage companies are not willing to appraise the square footage of the ground level and want this to be converted to a 2 family or finance only the square footage of the top level. Legally this is a SF - Is there any way to provide documentation to the Mortgage company so that they can count this as a SF. How can we counter this issue ? Is there any way to provide documentation to the Mortgage company so that they can count this as a SFHow can we counter this issue ?
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