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How old can you be to purchase a home in New Jersey?

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Wiki User
2007-11-24 06:03:52
2007-11-24 06:03:52

You need to be at least 18 (or a legally emancipated minor) to enter into a contract, such as a home purchase. There is no upper limit on age for cash purchasers, although some mortgage companies might be reluctant to grant a mortgage with a low down payment to someone over 70. (A youthful co-owner might help, or mortgage insurance.)

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