Who Gets The Money?

In every real estate transaction, deposits are required to show the sincerity and strength of the buyer’s intent to purchase the property as well as to provide liquidated damages to the seller in case of default by the buyer. Sellers will sometimes eye these funds as potential money in their pockets and assume that the deposit will just be handed over to them if the buyer defaults. The reality of it is, that for the deposit to be turned over, the release has to be signed by both seller AND buyer. This release allows the real estate company to withdraw the money from the escrow account and distribute it appropriately. However, the chances of the buyer just signing over thousands of dollars without an argument are very slight. If both parties won’t agree to signing, most likely the process will end up in mediation or court. To avoid this situation, it is always best to find compromises that will help resolve any contractual disputes as amicably as possible. An experienced REALTOR® can be invaluable in helping the sale continue to move forward and avoid time-consuming and costly litigation. Give me a call if you're interested in buying or selling a home, 603-526-4116. I'd be happy to share my expertise. www.donnaforest.com

Looking for a Large Home in a Great Location?

This one has it all including privacy AND 390 ft. of waterfront on Little Lake Sunapee.  5 bedrooms and 5 baths ensures space for all your friends and family.  Two beaches, dock and swim raft, beautiful views and only minutes to New London and Mt. Sunapee Resort.  Visit www.LakefrontPrivacy.com for more photos and details.  Offered at $2,350,000.

Jane Snow, Listing Agent

Want to Live in Paradise?

That's Paradise Road in Newport, NH!  The Hills at Sugar River is a 51 unit townhouse community plan that was conditionally approved by the Town in December 2005.  The land consists of 23 acres and includes an existing single family home.  Some approvals may need to be updated and others obtained.  All available documents will be turned over to the buyer of the property.  Offered at $425,000.  Come make your investment.

Jane Snow, Listing Agent, 603-526-4116

What a Sweet Spot! Check Out This New Listing

What homeowner would tire of hearing, "You have such a sweet spot here?"  Only a half mile from the main road, this property is tucked into the end of a valley and straddles both sides of the road encompassing 40 acres that are bisected by a babbling brook and crisscrossed by trails.  The house has so much character and has great space for entertaining.  5 bedrooms, barn, gardens, sugar maples and so much more.  Visit www.135ValleyRoad.com to read more about this rare piece of property.  Offered at $484,000.  Agent interest.  Call 603-526-4116 to arrange a showing.

Stacey Viandier, Listing Agent

First Impressions Count!

Did you know that a buyer has already formed an impression of your property within the first 15 seconds? Here are some simple and inexpensive ways to help make sure that first impression is a good one:

 

  1. Clean all your windows so they sparkle.
  2. Put a fresh coat of paint on the entry doors.
  3. Dress up porches, doorways with big potted plants.
  4. Keep up with the lawn mowing and yard maintenance.
  5. Remove all clutter from the interior. Too much furniture? Put some in storage.
  6. Buy new towels and hang in the bathrooms for showings.
  7. Put a beautiful centerpiece on your dining room table.
  8. Make sure your house smells clean.

Basically just use common sense. It’s important to present a simple, clean and attractive home that potential buyers can picture themselves living in. For more tips, visit my website, www.DonnaForest.com.

Donna Forest, Broker Associate

 

Looking for Land with a Great View?

Build your home on this 2.66 acre lot with wonderful wide views which include Mt. Sunapee.  Just outside of the town of New London in an established neighborhood of high-end homes.  Driveway is cut in.  Sunny, southwestern views and a great location!  Offered at $185,000.  Call Marilyn Kidder, Listing Broker, at 603-526-4116, or email marilyn@cbmilestone.com for more information.

Want an Easy Commute to Dartmouth College or the Hospital?

This 3 bedroom New Englander in Enfield, NH offers just that and more! Very pretty corner lot with surprising privacy. Sit out on the welcoming patio and deck area with fire pit for nightly chats. Many upgrades gives the feeling of new construction. Stay warm and cozy with wood heat or oil, or combine the two. Offered at $239,900. Visit www.NHNewEnglander.com for more photos and details. Sharon LaVigne, Listing Agent, 603-526-4116.

Dreaming of a Spectacular, Historic Homestead?

This one ranks among the best in New Hampshire - a crown jewel sited in one of the state's best-preserved historic neighborhoods. A stately, restored 1781 Federal with magnificent, 3.5 story barn offers serenity and privacy amidst 224+/- acres including a 13 acre parcel on Highland Lake with 680 ft. of water frontage. As you stroll along the land and groomed trails, you'll be awestruck by the beautiful stonewalls, patios and gardens. The interior is just as beautiful with rich, wide pine wood paneling, Indian shutters, gourmet kitchen and numerous fireplaces. For more photos and details, visit www.HistoricHomesteadNH.com.

Stacey Viandier, Listing Agent

603-526-4116

New Hampshire 2012 Home Sales Continue Upward Climb

A robust first quarter of New Hampshire home sales was followed up by the most April transactions since 2006, according to data released the end of May by the New Hampshire Association of Realtors. The report showed a 21 percent increase in sales for April 2012 (979) compared to April 2011 (811) and an 18 percent increase in year to date sales compared to the first four months of last year, signaling that the New Hampshire housing market may be in the midst of a trend toward recovery. “We’ve seen occasional flickers over the past four or five years, but this appears to be the first real flame,” said NHAR President John Rice, a 40‐year veteran of the real estate industry and an agent with Tate & Foss Sotheby’s International Realty in Rye. “For those of us who have been looking for sustained improvement, this truly feels like a time for optimism.” Median price has yet to follow suit, down 5 percent in April 2012 ($190,000) compared to April 2011 ($199,000), but Rice reiterated that as supply and demand dictates, he expects consistent unit sales increases to ultimately predict a turnaround in price as well.  “I don’t want to guess in terms of a timetable,” he said, “but if we’re not at the bottom now, I believe that we’re very close.” In terms of local markets, each of the state’s 10 counties have experienced double‐digit sales increases for the first four months combined, compared to the same period last year.  April‐only sales declined in just Coos and Sullivan counties, while jumping dramatically in most others, including Grafton (44 percent), Belknap (37 percent), Rockingham (29 percent), Hillsborough (28 percent) and Merrimack (23 percent).  Median price for April‐only decreased in seven of 10 counties, with the exceptions being increases in Sullivan (17 percent), Strafford (5 percent) and Carroll (3 percent). April 2012 data residentialApril 2012 data condo   Source:  Press Release, David Cummings, New Hampshire Association of REALTORS® Director of Communications, Concord, NH

Looking for a Commercial/Investment Property?

Here's your opportunity in Sunapee, NH.  A two-story, low maintenance commercial building that was built in 2007.  The lower level consists of office space with a porch overlooking the Sugar River and a garage/shop.  The second floor is an upscale, 2 bedroom, 2 bath apartment with a deck overlooking the river.  Offered at $320,000.

Jane Snow, Listing Agent

603-526-4116