Bank owned property in New Hampshire is experiencing many multiple offer situations signaling that perhaps we have seen the "bottom" of the market here.
I have observed that the market, featuring many bank owned homes, here in New Hampshire is beginning to "turn the corner". The long lost qualified buyers for real estate are coming out of hiding in droves. This coupled with a market where bank owned properties prevail, despite the competition to purchase them, make the New Hampshire real estate market difficult to navigate.
Of course Real Estate is local and there are pockets that continue to remain strong but there are many areas where buyers are looking to "find a deal". Bank owned properties tend to be priced lower than competitive homes but buyers need to be aware that with "the deal" comes an "as is" condition clause built into the Bank Addendum.
This is one of many reasons why buyers should seriously consider hiring a Buyers Agent to help them navigate the buying process.
If you have questions, need additional information or want to hire an agent to represent your interests in the purchase of property here in New Hampshire, please consider contacting me to help.
Thank you.
Judy Tuscano, REALTOR
Prudential Verani Realty
603-498-2263 cell phone
603-693-0919 office direct
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