new hampshire realtors: You Get Government Help To Buy This Northwood, NH Colonial
- 02/21/11 11:12 PM
HUD HOMES This 2002 Northwood Colonial is HUD (government) owned and is available with zero down payment and HUD will give back 3% of the purchase price to the buyers towards closing costs. Northwood, NH This home is located in a developement of newer homes close to Bow Lake and with in walking distance to the Northwood Town Beach. Coe-Brown Academy Northwood residents enjoy a very fine learning institution for high schoolers. It's sports programs and educational requirements are geared for students to be better prepared for college. 6 Byrne St. This home offers a great room with open concept to the kitchen … (0 comments)
We are looking at homes sold data to determine the state of the Real Estate Market in New Hampshire. These charts are tracking Average Sales Price for the last four years verses the last twelve months classified by County.
Half of our counties experienced peak Average Sales Price in 2006 and the other five saw the peak in 2007. The recession was fully entrenched in 2008 and the decline of Average Sales Prices is evident. While the Federal Home Buyer Tax Credit was established in 2009 to prop up a sagging National market, there is no … (1 comments)
new hampshire realtors: Strafford NH Real Estate Report October 2010
- 10/15/10 02:05 PM
Strafford NH Real Estate Report October 2010 We are looking at homes sold data for the last four years verses the last twelve months to determine the state of the market. Our first graph looks at the number of homes sold while the second chart shows the average length of time those homes spent on the market. There were 36 homes sold in 2006 with 100 days on market. 42 homes sold in 2007 with 104 days on market, showing a 16% increase in homes sold and 4% more time on the market. While the recession was entenched in 2008 35% less … (0 comments)
new hampshire realtors: Do You Have Any Rent To Own Deals?
- 10/11/10 05:24 PM
It's a question I get quite often and I truely want to help my clients reach their goal of home ownership. The "Rent To Own" concept is a little deeper than it sounds. This discussion is meant for information only and you should consult an attorney before you enter into a "Lease Option" or "Lease Purchase" Contract. That being said let's look at the basics. The basics consist of an agreement between the seller and the buyer where the seller agrees to sell the property at a future date to the buyers at a specified price. The price can be agreed … (1 comments)
new hampshire realtors: HUD Homes For Sale In Rockingham County New Hampshire
- 10/10/10 04:22 PM
FHA guaranteed loans that default and are foreclosed are handled by The U.S. Secretary of the Interior Dept. of Housing and Urban Development otherwise known as HUD. HUD.gov offers buyers 3% of the purchase price back to the buyers towards their closing costs. Bids are electronically submitted direct to HUD and close at midnight every day. Buyers will know if their bid is accepted by 9:30 am the next day. Some foreclosures are in move in condition and others may need repairs. Loans are available for the agreed upon purchase price plus the cost of repairs. These are the HUD offerings … (0 comments)
new hampshire realtors: Strafford County NH Government Owned Homes For Sale
- 10/10/10 03:02 PM
FHA guaranteed loans that default and are foreclosed are handled by The U.S. Secretary of the Interior Dept. of Housing and Urban Development otherwise known as HUD. HUD.gov offers buyers 3% of the purchase price back to the buyers towards their closing costs. Bids are electronically submitted direct to HUD and close at midnight every day. Buyers will know if their bid is accepted by 9:30 am the next day. Some foreclosures are in move in condition and others may need repairs. Loans are available for the agreed upon purchase price plus the cost of repairs. These are HUD's offerings in … (0 comments)
new hampshire realtors: How To Buy Foreclosures From The Government
- 10/04/10 01:14 PM
How To Buy Foreclosures From The Government FHA guaranteed loans that are in default and foreclosed are handled by the U.S. Secretary of the Interior Dept. of Housing and Urban Development (HUD). HUD contracts with various management companies around the nation who perform clean-outs, evaluate the condition of the porperty with a published property condition report, and manage the sale and transfer of those properties. Brokers can register with HUD to be HUD certified. They can deal direct with HUD by marketing the property, submitting bids direct to HUD electronically, and aiding buyers with the purchase. HUD will contribute 3% back to … (3 comments)
new hampshire realtors: How Interest Rates Effect Your Purchase Power
- 09/30/10 03:38 PM
How Interest Rates Effect Your Purchase Power This chart depicts the effect the interest rate has on your purchase power holding your mortgage payment steady at $865/mo on a thirty year mortgage. At 3.75% you could afford a mortgage of $187,000, at 4.00% = mortgage of $181,000, at 4.35% = mortage of $176,000, at 4.50% = mortgage of $171,000, at 4.75% = mortgage of $166,000, and at 5.00% = mortgage of $161,000.
An increase of .25% can drive purchase power down $6,000. Today's interest rate (as of 9-30-2010) is hovering arond 4%. Think interest rates are going to stay this low forever? … (2 comments)
new hampshire realtors: Waiting To Sell?
- 09/30/10 02:34 PM
Waiting to Sell Your Home? People who know me are always asking "How's the market?". I have to be careful how I answer. Sure, it is a great time for buyers. Interest rates are at the lowest levels in decades, average home prices have fallen 15-25% in the last three to four years, and now there are a lot of homes on the market giving buyers a great inventory to choose from. Times have not been so good for sellers or has it? If they have purchased in the last three to five years and didn't put much money on their down payment, they … (0 comments)
new hampshire realtors: HUD Offers You A Chance At Fast Equity
- 09/28/10 04:06 PM
HUD Offers You A Chance At Fast Equity FHA guaranteed loans that are in default and foreclosed are handled by the U.S. Secretary of the Interior Dept. of Housing and Urban Developement (HUD). HUD offers 3% back to you towards closing costs. Your bid can be submitted direct to HUD electronically by midnight and an answer is available by 9:30 am the next day. Some of these homes are in move in condition and others need repairs. LOANS are available for the purchase price plus the cost of repairs. Call for details. This is your best chance to get into a home for a low price or … (0 comments)
new hampshire realtors: Government Owned Foreclosures Strafford County New Hampshire
- 09/27/10 01:44 PM
Government Owned Foreclosures Strafford County New Hampshire Government owned foreclosures are handled by the U.S. Dept. of Housing and Urban Developement (HUD). HUD currently has four single family homes and one multi-family on the market in Strafford County. Bids can be submitted direct to HUD and an answer is available by 9:30 am the next day. These properties come with a 3% rebate which is applied to the buyer's closing costs. Some of these properties are in move in condition and others may need repairs. LOANS are available for the purchase price plus the cost of repairs. This is a great … (0 comments)
new hampshire realtors: Strafford County New Hampshire Real Estate Report
- 09/27/10 01:32 PM
Strafford County New Hampshire Real Estate Report September 2010 We are looking at homes sold data for the last four years verses the last twelve months to determine the state of the real estate market in Strafford County New Hampshire. In 2006, 1,649 homes were sold and spent an average of 85 days on the market. 2007 saw 18% less homes sold at 1,346 and days on market was up three more weeks to 108. While the recession was in full bloom in 2008, 21% less homes sold at 1,063 and the time on the market went up again by two … (0 comments)
new hampshire realtors: New Hampshire Association of Realtors: Press Release September 22, 2010
- 09/24/10 12:31 AM
New Hampshire Association of Realtors: Press Release September 22, 2010 · Local REALTOR® completes certification course Marty Patrizi of Virtual Homes, Inc. in Strafford, NH has successfully completed the Massachusetts Association of Realtors® Loss Mitigation Certification Course, sponsored by the New Hampshire Association of Realtors® and held recently in Concord, New Hampshire. Today's market presents unique challenges to many Realtors®, who in many cases are representing a buyer or seller in a transaction involving foreclosure, short sales, properties at auction, or bank owned. This comprehensive course was developed to educate Realtors® on all the issues surrounding properties facing these complicated transactions. The … (0 comments)
new hampshire realtors: Salem NH Government Aid For Foreclosures
- 09/21/10 07:44 AM
Salem NH Government Aid For Foreclosures HUD/Government owned foreclosures come with a 3% rebate towards your closing costs. When your bid is submitted electronically direct to HUD by midnight, an answer to your bid is available by 9:30 am the next day. Here is a Salem NH split level with three bedrooms, two baths, garage, and inground pool. Home is in need of some repairs. Estimated repairs are less than $10,000 and HUD is asking $200,000 which is way below the town's assessment of $348,700. This is your best chance to get in for a low price and build real equity … (1 comments)
new hampshire realtors: Epping NH Real Estate Report September 2010
- 09/18/10 09:59 PM
Epping NH Real Estate Report September 2010 We are looking at homes sold data for the last four years verses the last twelve months to determine the state of the market in Epping NH. There were 97 homes sold in 2006 with average time on the market of 134 days. In 2007, 113 homes sold with average time a lengthy 186 days. In this study, 2007 had seen the highest number of homes sold with the longest market time. Recessionary pressures were seated firmly in 2008 where we see only 84 homes sold and days on market decreased about a month to … (0 comments)
new hampshire realtors: Who Needs Another Real Estate Market Report?
- 09/15/10 01:39 PM
I have to say I've been consumed by curiosity. 9-15-2010....I've written 50 town real estate market reports in the last 15 days. I should be spending more time with my family. To know your market is key to working for your clients best interests whether on the buyer or seller side. If you don't know your market, you better catch up. The business of real estate won't be the same from now on. There is just too much information for your prospects to dissect. You can find all you want on the internet, just can't trust what is true. You … (2 comments)
new hampshire realtors: Kingston NH Real Estate Report August 2010
- 09/12/10 09:29 PM
Kingston NH Real Estate Report August 2010 We are looking at homes sold data for the last four years verses the last twelve months to determine the state of the real estate market in Kingston, NH. There were 71 homes sold in 2006 and those homes spent an average of 98 days on the market. 2007 saw a recession looming and 72 homes were sold but spent 11 more days on market at 109. With the recession fully entrenched in 2008, 11 less homes sold at 61 and days on market extended an extra month to 139 days. While the Federa Home … (0 comments)
new hampshire realtors: HUD/Government Deals Rockingham County NH
- 09/12/10 02:59 PM
HUD/Government Deals Rockingham County NH HUD/Government owned foreclosures come with a 3% rebate to you for your closing costs. Your bid can be submitted direct to HUD electronically by midnight and have your answer by 9:30 the next day. Presented by Marty Patrizi Realtor Virtual Homes Real Estate 603-732-1800 ext 291 or direct at 603-781-4099. Here are the HUD offerings for Rockingham County Chester, NH Stone's throw to rte. 102 4 bedrooms,3 baths, 3,255 sqft 2.87 acres. $210,000
new hampshire realtors: Derry NH Real Estate Report August 2010
- 09/11/10 03:55 AM
Derry NH Real Estate Report August 2010 We looking at homes sold data for the last four years verses the last twelve months to determine the state of the market. There were 449 homes sold in 2006 and they were on the market an average of 81 days which would indicate a hot market. In 2007 we were beginning to see a recession come into play and 70 less homes sold at 379 and average days bumped up to 105. With the recession in full bloom in 2008 we saw a steady 379 homes sold again but average days rose to … (1 comments)
new hampshire realtors: Opportunity For The Ultimate Home
- 09/10/10 10:04 AM
Opportunity For The Ultimate Home Is Now! With interest rates as low as they probably will ever get, reasonable home prices, and lots of inventory, the opportunity for the ultimate home is NOW. The now expired Federal Home Buyer Tax Credit was established in 2009 to prop up a sagging national real estate market. Unfortunately, the Tax Credit was an artificial component of the market and had it's un-natural results by pushing average sales prices further down. Here is a chart depicting average sales prices on New Hampshire Real Estate for the last four years and the last twelve months. The average sales … (2 comments)
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HUD HOMES
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