Sample Mortgage Forebearance Letter for Businesses
Categories: Hoboken Condos
Dear {BANK},
I would like to formally request a forbearance in mortgage payments and stop the accrual of interest on the mortgage for the following months (ENTER MONTHS) equivalent to ninety (90) days for the following account:
Mortgage account number:
Mortgage Holder: Payment Date:
Payment Date
Forbearance and Non-Interest Accrual Period:
I would ask that you forbear my mortgage for the next three (3) months and add those payments on to the back of my mortgage making them due at the end of the mortgage as opposed to presently. I am respectfully requesting this forbearance as a result of the coronavirus and the economic impact that it has had on my business. Due to the virus and the associated business closings, we have lost significant revenues that have made it difficult to pay our bills. While we have worked on alternate revenue generating options, the cash is not available at the moment, and paying our mortgage would cause us to not have the funds needed to continue to generate revenue. I do not make this request lightly, and I understand that we entered into a mortgage agreement with your institution. I know that if we work together, we will come out of this together.
Sincerely,
NAME
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The Hoboken Weekly Wednesday Wrap Up for the Week Ending April 8th
Categories: Hoboken Condos
Week ending April 8th, 2020
If you want to see what’s currently for sale in Hoboken? Just click on the link directly below for all currently active properties. Want to see what’s new this week, look down a bit further for the new listing link with properties sorted by price.
This Week’s Residential Property Sales & Activity:
- 4 Pending (Deposit Accepted By Owner and Under Contract)
- 17 sold
- 16 New
- 8 Price changes
Studio & 1-Bedroom Properties
2 Pending
- 328 Madison 4R, listed 1/27 for $359k.
- 1500 Garden 5J, listed 3/27 for $475k.
5 Sold
- 101 Willow 3D, listed 1/17 for #310k, sold for $321k.
- 1000 Hudson 401, listed 2/26 for $549k, sold for $565k.
- 1105 Washington 2A, listed 11/20 for $519k, sold for $515k.
- 512 1st #7, listed 1/2 for $379k, sold for $385k.
- 1200 Grand 630, listed 1/15 for $649k, sold for $640k.
2-Bedroom Properties
2 Pending
- 700 1st 13F, listed 3/10 for $730k.
- 900 Jeff 2J, listed 2/22 for $760k.
10 sold
- 63 Madison #5, listed 1/28 for $399k, sold for $399k.
- 500 Madison #3, listed 10/18 for $475k, sold for $450k.
- 556 1st #6, listed 12/2 for $499k, sold for $510k.
- 301 1st #3, listed 11/18 for $599k, sold for $587k.
- 1301 Adams 307, listed 1/23 for $769k, sold for $785k.
- 1119 Washington St. #3, listed 1/8 for $799k, sold for $815k.
- 326 Grand #301, listed 10/18 for $1.046mil, sold for $1.03mil.
- 1400 Hudson 409, listed 1/8 for $1.049mil, sold for $1.05mil.
- 1450 Washington #516, listed 1/22 for $1.125mil, sold for $1.09mil.
- 326 Grand #502, listed 10/18 for $1.2mil, sold for $1.19mil.
3-Bedroom & larger Properties
No pending.
2 Sold
- 413 Jeff #1, listed 2/7 for $982k, sold for $982k.
- 70 Monroe#2, listed 1/16 for $1.025mil, sold for $1.025mil.
The information provided in this private transmission is only for the personal, non-commercial use of you, the consumer. It may not be reproduced or distributed in any manner. It may not be used for any purpose other than to identify prospective properties you the consumers may be interested in purchasing or renting.
Sales numbers rounded up for convenience. Information is deemed to be reliable but not guaranteed.
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The April 1 Hoboken Condo Weekly Wednesday Wrap Up
Categories: Hoboken Condos
Week ending April 1st, 2020
If you want to see what’s currently for sale in Hoboken? Just click on the link directly below for all currently active properties. Want to see what’s new this week, look down a bit further for the new listing link with properties sorted by price.
This Week’s Residential Property Sales & Activity:
- 10 Pending (Deposit Accepted By Owner and Under Contract)
- 18 sold
- 10 New
- 5 Price changes
Studio & 1-Bedroom Properties
2 Pending.
- 565 1st St #4, listed 3/10 for $349k.
- 1218 Wash #6, listed 3/9 for $485k.
6 Sold
- 532 Adams 3A, listed 12/1 for $329k, sold for $329k.
- 330 Monroe 4R, listed 1/19 for $349k, sold for $349k.
- 1228 Park 3F, listed 1/20 for $360k, sold for $350k.
- 212 Madison 1A, listed 1/22 for $370k, sold for $370k.
- 79 Garden A, listed 10/2 for $399k, sold for $397k.
- 1122 Wash #3, listed 12/14 for $450k, sold for $430k.
2-Bedroom Properties
7 Pending
- 551 Observer 7B, listed 3/20 for $580k.
- 1012 Park #4, listed 3/20 for $580k.
- 1004 Willow #3, listed 2/6 for $799k.
- 508 Garden #4, listed 3/13 for $829k.
- 222 Clinton 11, listed 1/31 for $900k.
- 1100 Adams 207, listed 3/7 for $949k.
- 402 9th E5H, listed 3/10 for $1.05mil.
8 sold
- 700 1st 8D, listed 2/5 for $650k, sold for $605k.
- 2 Constitution 612, listed 7/31 for $830k, sold for $820k
- 659 1st 509, listed 1/16 for $895k, sold for $895k.
- 128 Jackson 48, listed 9/4 for $925k, sold for $930k.
- 1400 Hudson 428, listed 1/2 for $1.08mil, sold for $1.05mil.
- 1410 Grand 300, listed 1/9 for $1.195mil, sold for $1.18mil.
- 1100 Maxwell 511, listed 12/2 for $1.45mil, sold for $1.45mil.
- 1125 Maxwell 600, listed 10/2 for $2.49mil, sold for $2.5mil.
3-Bedroom & larger Properties
1 Pending
- 1125 Maxwell 1114, listed 2/28 for $1.95mil.
3 Sold
- 705 Adams #2, listed 1/18 for $899k, sold for $886k.
- 129 Jackson B, listed 1/22 for $1.09mil., sold for $1.058mil.
- 456 9th St #12, listed 10/31 for $1.3mil, sold for $1.227mil.
The information provided in this private transmission is only for the personal, non-commercial use of you, the consumer. It may not be reproduced or distributed in any manner. It may not be used for any purpose other than to identify prospective properties you the consumers may be interested in purchasing or renting.
Sales numbers rounded up for convenience. Information is deemed to be reliable but not guaranteed.
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