How we helped Peter buy a home by creating an efficient process

"We successfully purchased a retirement home on a New Hampshire lake. He was so efficient in getting DocuSign and things like that in order for us to get our mortgage through. From the time we put in our first offer, we closed in 32 days. In my experience, that’s unheard of!"

How we helped Melissa find a home by creating a really easy process

"Link was great! It was a really easy process, which I never thought real estate could be. Since we were coming from far away, he rearranged his schedule so that we could see multiple houses in one day. He was very flexible, which was really nice. He’s savvy. He uses these cool online applications, so doing the paperwork was really simple. Everything was just in an account that we logged into, and nothing got lost or confused at all!"

Avoid These Mistakes for a Painless Home Sale

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Due to high affordability brought on by low interest rates, we're seeing a lot of first time home buyers out shopping around for homes. In order to help our first time buyers, we're going to be talking about some common mistakes that people make when buying.

1. The very first thing you need to do is speak with a lender. You shouldn't begin the home search process by actually looking for homes, you should speak with a lender to determine if you're financially capable of buying a home. It's very important to know what you can afford, because there are a lot of costs that home buyers forget to think about.
2. A lack of urgency can cause you to lose a home. The market is active right now, so when you see a home you like, you have to go out and look at it early. Sellers also like to see urgency in buyers, because they know that you're interested in buying.
3. Don't make any big purchases after you've been approved for a loan. Once you've been approved for a home loan you can wreck your debt-to-income ratio if you decide to go out and buy a new car or new furniture. We've seen people ruin their transactions by going out and doing a lot of spending after they've been approved.
4. Don't forget about other expenses after you've moved in. This includes things like landscaping, insurance, maintenance, etc. This is why we advise our buyers to buy homes that are in better condition, because it will save them money in the long run.
5. Create a timeline for yourself. Set deadlines for yourself so that the whole process doesn't take forever. You might feel prepared, but there are a lot of obstacles and roadblocks that can get in the way of a transaction, and the next thing you know, you're weeks behind where you thought you would be in the transaction.

Hopefully these five tips can help you to avoid any bumps in the road when you set out to buy a new home. It's an exciting process, but there are many pitfalls along the way. This is why you need the help of a professional when you're buying a home in Southern New Hampshire!

How to Handle Multiple Offers in Southern New Hampshire

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The market here in New Hampshire is heating up, and because of this, we're seeing a competitive market with homes receiving multiple offers. This is good for sellers because they can pick and choose, but this situation can be troublesome for buyers that are competing against each other.

An offer with the highest price might look the most appealing, but it really depends on the terms of the offer. Are there contingencies? Is it a cash offer? There are many variables here that the seller needs to think about before choosing one, because the offer with the highest price is not always the best offer. 

We've found that sellers are often very emotionally invested in their homes, and if a buyer writes a personal letter to the seller explaining why they would be a good fit for the home, their chances of winning the offer improve dramatically. Another thing to keep in mind is that no matter what type of situation you're facing, you should be pre-approved. You stand almost no chance to buy a home in any situation if you cannot prove that you can pay for it. 

If you have a good listing agent, they should be able to assist you in choosing from multiple offers. We believe that a successful transaction is a combination of good terms and a good price for both parties. A high-priced offer with bad terms will typically not be your best offer, so sometimes we have to settle for lesser-priced offers that come with better terms. 

If you need assistance buying or selling real estate in Southern New Hampshire, please don't hesitate to contact me!

What Are Market Conditions Like in New Hampshire?

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Today we are going to be discussing the current market conditions in Southern New Hampshire. Currently, we have shifted from a buyer's market to a seller's market. Our inventory is very low, much lower than it was a year ago, and listings are at a premium. 

Due to low inventory, there is pressure on prices and the market is responding by getting homes sold more quickly than a year ago, and we're seeing multiple offers on many homes. 

For buyers, we are still in a market that is favorable to interest rates. You can still get fixed rates in the 3-4% range, and affordability has never been better!

If you need assistance buying or selling real estate in Southern New Hampshire, please don't hesitate to contact me!