Great Price Reduction on Mascoma Lake!

From $507,000 to $426,800.  Don't miss out on this 5 bedroom, 2 bath cape in Enfield, offering 170 ft. of lakefront on Mascoma Lake.  Nice sandy beach with easy entrance to the water for the kids and adults.  Nice location, separate garage.  Just pack your bags and don't forget the swimsuits!  Agent interest.

Sharon LaVigne, Listing Agent, 603-526-4116

Looking for a Nice Sandy Beach? New Listing!

You'll have access to 500 ft. of beautiful, sandy lakefront on Pleasant Lake with this 4 bedroom home in New London, NH. Organize your guests for a tennis match or just take out the kayaks and relax on the water. Low maintenance home and yard, well-designed for carefree vacations. Visit www.PleasantLakeAccess.com for more photos and details. Offered at $379,000.

Is there REALLY a 3.8% Tax on Home Sales?

Yes and no. There are a lot of misleading emails that make you think every seller will have to pay an additional tax when they sell their house. Yes, there is a new federal 3.8% sales tax on real estate to pay for the Affordable Care Act. It was passed by Congress in 2010 with the intent of generating an estimated $210 billion to help fund health care and Medicare overhaul plans. The reality is, only a small percent will end up paying, starting in 2013. It applies to those with incomes over $200,000 ($250,000 if married, filing jointly). Even then, the tax doesn’t apply to the first $250,000 (or $500,000 if married, filing jointly) on PROFITS from the sale of a personal residence. This exclusion doesn’t work for vacation homes or rental properties. It’s possible that investment income could be generated by the sale of real estate. But it’s quite a stretch to call it a real estate tax.

Contact me and I’ll be glad to email you a PDF document from the National Association of REALTORS® explaining this tax. Please check with your accountant for the most accurate and up-to-date information.

Donna Forest, Broker Associate, 603-526-4116

www.donnaforest.com

Home Price Reduction

Take advantage of this great buy in Warner!  2 bedroom home plus 1 bedroom apartment upstairs to help pay your mortgage.  Large attached barn for all your toys.  Very private back yard with huge deck and nice gardens.  Warner is a quaint village with interesting shops and artists.  Visit www.WarnerFarmhouse.com for more photos and details.  Offered at $200,000.

Chris McKee, Listing Agent, 603-526-4116

Come Enjoy the Sunrises!

This bright and airy cape in Sunapee offers beautiful sunrises from the rear deck.  Sip your coffee and listen to the birds sing from the deck, brick patio or open front porch.  3 bedrooms, 2.5 baths, easy one-floor living with the master bedroom on the first floor.  Convenient location and a nice walking area.  Close to Sunapee Harbor and Mt. Sunapee Resort.  Offered at $282,500.  Visit www.SunapeeCape.com for more information and photos.

Marilyn Kidder, Listing Broker, 603-526-4116

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