Tag Archives for " buying "

Essentials Factors for Fixer-Upper Success

fixer-upper success

Southern New Hampshire Fixer-Upper Success

Investing in a fixer-upper property in Southern New Hampshire can be a rewarding venture, offering the chance to create your dream home and potentially increase its value. However, beyond the common considerations, there are specific factors you should take into account when seeking Southern New Hampshire houses for sale with fixer-upper potential. In this article, we'll explore additional aspects to ensure your fixer-upper success in Southern New Hampshire.

Location Matters:

When searching for fixer-uppers in Southern New Hampshire, consider the neighborhood's desirability. Research the local real estate market and look for areas with a history of value appreciation. Proximity to schools, amenities, and public transportation can also impact your fixer-upper success.

Resale Potential for Fixer-Upper Success:

Think long-term. Are you planning to live in the property or sell it later? Understanding the resale potential in Southern New Hampshire is crucial for your fixer-upper investment. Look for areas with a track record of steady growth in property values as part of your investment strategy.

Zoning and Permits:

Different areas in Southern New Hampshire may have specific zoning regulations and permit requirements. Verify if there are any zoning restrictions or historical preservation regulations that could impact your renovation plans. Ensure you are compliant with local building codes.

fixer-upper success
Image by elbym from Pixabay


Local Contractors:

Establish connections with local contractors in Southern New Hampshire who have the experience with a fixer-upper success. They understand the local real estate landscape and can provide valuable insights and assistance during your renovation journey.


Unique Environmental Factors:

Be aware of unique environmental considerations in Southern New Hampshire, such as the presence of natural resources, wildlife, or specific weather-related challenges. These factors can affect your renovation plans and maintenance costs.


Insurance and Liabilities:

Review your homeowner's insurance to ensure you have adequate coverage during the renovation process in Southern New Hampshire. Renovation work can introduce additional liabilities, and it's essential to be properly protected.

Project Management for Fixer-Upper Success:

Effective project management is key to your fixer-upper success in Southern New Hampshire. Create a detailed timeline, schedule, and task list to stay organized. Local project management expertise can be invaluable.

Energy Efficiency and Sustainability:

Southern New Hampshire is increasingly focusing on energy efficiency and sustainability. Consider incorporating eco-friendly features and energy-efficient upgrades, such as insulated windows, LED lighting, and energy-saving appliances, to align with the growing demand for eco-friendly homes.

Local Market Trends:

Stay updated with local Southern New Hampshire real estate market trends. Understanding what buyers are looking for can help you make renovation choices that resonate with potential buyers when you decide to sell.

Consult a Real Estate Professional for Fixer-Upper Success:

Consider consulting a local real estate professional who specializes in Southern New Hampshire houses for sale, especially those with fixer-upper success. They can provide insights into the current market, recommend areas with investment potential, and help you make informed decisions.

Success in the world of fixer-uppers in Southern New Hampshire requires a comprehensive approach. Beyond the common considerations, understanding the local market, zoning regulations, and unique environmental factors can make a significant difference. With the right knowledge and local support, your journey in Southern New Hampshire real estate can be a prosperous one, turning your fixer-upper into a valuable asset.

Reach out to our knowledgeable Agents for more information on your fixer-upper success.

Article Image by Tom from Pixabay

A Step by Step Guide to Buying a Fixer-Upper

fixer-upper success

South Nashua – Buying a Fixer-Upper

Buying a fixer-upper property in South Nashua is an appealing option for real estate investors. Not only can you personalize your dream home and make a smart financial decision, but South Nashua also offers a unique real estate landscape. Fixer-uppers present an excellent opportunity to own a property in this desirable location.

A fixer-upper is a real estate asset that needs renovation or repairs, presenting an opportunity for substantial resale appreciation. It also gives you the ability to craft a living space tailored to your specific tastes.

However, this choice comes with its unique set of challenges and considerations. In this article, we'll delve into the advantages and disadvantages of buying a fixer-upper in South Nashua. This will also provide invaluable renovation tips to aid your decision-making process.

Pros of Buying a Fixer-Upper in South Nashua:

Lower Purchase Price:

Fixer-uppers in South Nashua are often priced more affordably than move-in-ready homes. This allows real estate investors to acquire a property in a desirable location at a more budget-friendly cost.

Potential for Value Appreciation:

Through strategic renovations and improvements, you have the potential to substantially enhance your property's value. Take advantage of South Nashua's growing real estate market.

Customization and Personalization:

Purchasing a fixer-upper in South Nashua affords you the opportunity to tailor the property to match your unique style and preferences. You can blend your tastes seamlessly with the local charm and character of South Nashua.

Investment Opportunity:

With meticulous planning, purchasing a fixer-upper in South Nashua can evolve into a profitable real estate investment. Capitalize on the city's demand for quality homes.

buying a fixer-upper

Cons of Buying a Fixer-Upper in South Nashua:

Renovation Costs and Time:

Renovating a fixer-upper property in South Nashua can be a time-consuming and costly endeavor. Unexpected repairs and delays can arise, necessitating prudent budgeting and patience in this competitive real estate market.

Required Expertise:

Renovating a property in South Nashua demands a certain level of expertise in construction and design. If you lack the necessary skills, you may need to engage contractors, which can contribute to the overall costs.

Potential Undiscovered Issues:

Older properties in South Nashua may harbor concealed issues or structural problems that may only become apparent during the renovation process. A thorough inspection is indispensable before buying a fixer-upper. 

Temporary Housing Arrangements:

Depending on the scope of the renovation in South Nashua, you may need to arrange for temporary housing during the construction phase, which can augment your expenses. Ideally, it is easier to live in another home while you renovate your fixer-upper.

Renovation Tips for Buying a Fixer-Upper in South Nashua

Prioritize Essential Repairs:

Address structural and safety-related issues, ensuring that your South Nashua property is safe and compliant with local regulations.

Create a Realistic Budget:

Establish a comprehensive budget that encompasses both the purchase price and renovation costs, factoring in South Nashua's competitive real estate market. Prepare for unforeseen expenditures and contemplate setting aside a contingency fund of at least 10% of your budget.

Plan for Phased Renovations:

If the extent of renovations is extensive, consider breaking them down into phases to navigate South Nashua's real estate landscape effectively.

Seek Professional Advice:

Consult with contractors, architects, or designers in South Nashua to gain professional insights into your renovation plans. Consider all the local market's trends before making any decisions. Their expertise can assist you in making well-informed decisions and averting costly mistakes. 

Preserve the Property's Character:

If the fixer-upper property in South Nashua has distinctive architectural features or historical charm, contemplate preserving and restoring these elements. Enhancing the homes character and allure, will be highly appealing to local buyers.

Incorporate Energy-Efficient Features:

While renovating in South Nashua, contemplate integrating energy-efficient enhancements to align with the city's focus on sustainability and eco-friendly living.

Obtain Permits and Approvals:

Prior to initiating major renovations in South Nashua, confirm compliance with local authorities. You'll need to secure the requisite permits and approvals, ensuring a seamless renovation process.

Exercise Patience and Flexibility:

Renovating a fixer-upper property in South Nashua is a process that demands patience and adaptability. Prepare to accommodate changes and remain focused on your ultimate objective in this competitive real estate market.

Buying a fixer-upper property in South Nashua can be a gratifying endeavor for real estate buyers willing to invest time, effort, and resources into realizing their dream home in this vibrant and sought-after community. With meticulous planning, a practical budget, and a clear vision for the transformation, you can transform a South Nashua fixer-upper into an exceptional and valuable real estate asset that perfectly complements the local market and your personal aspirations.

Buying a Fixer-Upper in South Nashua?

If you are looking into buying a fixer-upper in South Nashua or Southern New Hampshire give our qualified Agents a call. We would love to help you find a customizable house to meet your needs.

3 Home Buying Tips

home buying tips

Buying a home is an exciting and important decision that requires careful preparation and planning. Whether you're a first-time homebuyer or have experience in the real estate market, there are several key steps you can take to ensure a successful home buying experience. Here are three home buying tips to help you prepare, navigate the process, and choose the right property for your needs:

Preparing to Buy a Home

Before you start searching for properties, it's important to get your finances in order. This includes checking your credit score, getting pre-approved for a mortgage, and determining your budget for the purchase. It's also important to research the different types of mortgages available and choose one that's right for you.

Another key step in preparing to buy a home is to work with a reputable real estate agent who has expertise in the local market. An experienced agent can help you navigate the home buying process, provide valuable insights and advice, and help you find the best available properties that meet your specific needs and budget.

Navigating the Home Buying Process

Once you're ready to start your search, it's important to have a clear understanding of the home buying process. This includes researching properties, attending open houses and showings, making offers, and completing the necessary paperwork and inspections.

One of the most important steps in the home buying process is to have a home inspection. A professional inspection can help identify any issues or problems with the property, such as structural damage, plumbing or electrical issues, or other potential hazards.

When making an offer on a property, it's important to consider not only the price but also any contingencies, such as inspection or financing contingencies, that may be included in the offer. Working with an experienced real estate agent can help ensure that your offer is competitive and includes any necessary contingencies.

Choosing the Right Property

When choosing a property, it's important to consider a range of factors, such as location, size, and condition of the property. It's also important to consider any additional features or amenities that may be important to you, such as a backyard or a garage.

Another key consideration when choosing a property is the potential for future appreciation. This includes factors such as the location of the property, the local real estate market, and any upcoming development or infrastructure projects in the area.

Ultimately, the key to a successful home buying experience is to be patient, do your research, and work with experienced professionals who can help guide you through the process. By following these three home buying tips, you can find the right property that meets your needs and budget and enjoy a successful and fulfilling home ownership experience.

If you are thinking of buying or selling a Southern NH house for sale, give our agents a call and we can discuss your options. Call Harmony Real Estate at (603) 883-8840 for more information today! Visit our website www.Harmony-RE.com  for tips on buying a Southern NH house for sale. We would love to help you with all your home buying and selling goals. We are the agency in tune with your real estate needs!

Be Thankful

thanksgiving

Image made on Canva

What are you thankful about this year? When things are hard or stressful it can be hard to be thankful. I suggest to you that we should not just be thankful at Thanksgiving but to be thankful every day.

I’m thankful for my family, present and past, especially my kids even when they are a pain, as well as friends who have become family to me. Ultimately tomorrow is not promised and we should live for all those we love, today. I’m grateful for a lovely office with which I can share my time with co-workers who have become like family. I’m thankful for a roof above my head and lights and electricity with which I can use it. I’m especially thankful for my health and happiness as it’s not a given.

With all that’s going on this year, in 2020, we need to think of ways we can be thankful. The Pandemic and the Election have made many people bitter and we need to find a way to get along and even be thankful for each other. Can’t we all agree to disagree sometimes and still be friends? 

All the shopping that goes into getting ready for Christmas can be another thing that makes us happy or unhappy. It may be hard for some right now and if you’re struggling how can the over glorified present giving be enjoyed? I will be finding ways to help others in times of need, and helping Small Businesses survive. I will be helping a family in need with Christmas, buying crafts from local artisans, and getting gift certificates as gifts from the small restaurant around the block. If you are social distancing that’s fine too. If you prefer to buy online from a local chain, I will still love you just the same. It’s all personal choice and that’s why we enjoy living in the United States. I am just trying to do my part to help those that may be struggling.

Let’s take a moment to think about what we can be thankful for. Do you like a cup of joe first thing in them morning? I know I do. Do you enjoy reading the paper, watching the news or social media before you leave for work in the morning? Are you retired and get to spend time with your grandkids? Or are your kids a source of joy in your life? What about a gentleman who holds the door for you? Or a nice pair of cozy sweats at the end of a long day?

Stop and take a minute to think about what you are truly thankful for. Make it a daily routine. Try to think of things you are thankful for every day before you go out. Say something positive about yourself. It will improve your mindset and in the process your mood. Seeing things in a different light is a true blessing!

Holidays can be a hard time if you are grieving the loss of a loved one, as well. Thanksgiving can be hard if you are recovering from grief because it may be the first Holiday without a loved one. We all know that can be hard to be thankful for but your loved ones would want you to be happy too. Please know we are here if you just need an ear or a friend to listen.

We are thankful for each of you. Without our customers and clients we would not be able to make a living and you bring our success. Many blessings to you on this Thanksgiving.

If you are thinking of buying or selling a Southern NH home for sale, give our agents a call and we can discuss your options. Call Harmony Real Estate at (603) 883-8840 for more information today! We would love to help you with all your home buying and selling goals. We are the agency in tune with your real estate needs!

Manchester Multi Family for Sale | 339 Spruce St Manchester NH 03103

Manchester Multi Family for sale 339 Spruce St Manchester NH 03103

Images by Virginia Kazlouskas

This Manchester Multi Family for sale located at 339 Spruce St Manchester NH 03103 has the potential to be an investment or an owner occupied unit. Are you looking for a move-in ready Multi-Family unit? This 3 unit building has just been updated. Are you looking for an owner occupied investment opportunity? You can live in one unit and rent out the others. Are you searching for an investment where you can rent out the building and not live there? If so, this is the 3 family for you!

Manchester Multi Family for sale

Manchester Multi Family for sale | 339 Spruce St

This Downtown Manchester Multi-Family for sale features 3 units. Each unit has 3 bedrooms, a full bathroom, eat-in kitchen with pantry and laundry hookups, living room, and an enclosed porch. There is hardwood flooring on the first and second floor units, and new carpeting on the 3rd floor. The full basement adds additional storage. With 4,508 square feet of interior living space this 3 family sits on .12 acre near Downtown Manchester NH. Enjoy the conveniences downtown has to offer!

This multi-family has recent updates to include a new roof and hatch. There's no need to worry about replacing the roof any time soon. The back yard has 5+ parking spaces.

The first floor just needs some cosmetic updating. It has a large living room, a dining area, a galley kitchen, a full bath with laundry hookups, 3 bedrooms and a den. There is a long term tenant living there. The whole building is move-in ready waiting for you!

The second has been updated with a new bathroom. It has a large living room, a dining area, a galley kitchen, a full bath with laundry hookups, 3 bedrooms and a storage room in the hall. It is vacant looking for an owner occupied to live in it or new tenants of your choosing. 

The third floor units has been updated with new flooring and bathrooms. It has a large living room, a dining area, a galley kitchen, a full bath with laundry hookups, 3 bedrooms and a storage closet and room in the hall. It is vacant looking for a new tenant of your choosing. The whole building is move-in ready waiting for you!

This Downtown Multi-Family is Conveniently Located

This Downtown Manchester 3 Family is conveniently located within minutes to entertainment, shopping, highways and more. It is located within walking distance to downtown which offers a Supermarket, several Restaurants, Bars, Shopping, and Public Transportation. This Downtown Manchester NH 3 family for sale is close to all the amenities of the city.

The multi-family is located approximately 2 minutes from Exit 5 in Manchester on Route 293 for commuters. In addition, the The Mall of NH is only about a 10 minute drive away off Exit 1 on Route 93 in Manchester for even more shopping fun.

Local schools and the library are also located within a few miles radius of this home.

This 339 Spruce St Multi-Family in Manchester NH is located within a 15 minute drive to Concord, a 30 minute drive to Nashua and within 1 1/2 hours from Boston MA for those looking to commute. Manchester has public access to pools in the summer for residents to enjoy swimming. Harriman Park is only a block away with a playground, and Gill Stadium is just minutes away with a playground, soccer, basketball and football.

Map of 339 Spruce St, Manchester NH 03103

Open Concept Living in this Downtown Nashua Multi-Family

The first and second floor opens into the living room which connects to the eat-in kitchen and pantry area that are attached with a side porch off the back entrance. There three ample sized bedrooms. 1 is off the kitchen and 2 off the living room. The first floor has a den off the kitchen bedroom. There are laundry hookups in the kitchen pantry. The second floor has a storage room in the hallway.

The third floor has a similar layout to second floor but there is no closet in the 3rd bedroom. There is also a storage room and a storage closet in the back hallway.

There is basement access through a door in the back hall leading to more storage space.

Enjoy a relaxing night in this Downtown Manchester multi-family's bedrooms

There are a total of 3 Bedrooms units in each of the three Units of this Downtown Manchester NH multi-family for sale. The units have similar layouts with the few differences noted above.

The Master Bedroom is ample sized to accommodate a King sized bed and several bureaus. Tenants will enjoy relaxing in their new apartment or you can reap the benefits of letting a tenant help pay your rent.

Full unfinished basement adds storage

Aside from it’s convenient location, one of the best things about this home is the large basement. There is ample room for storage for personal use or for you and your tenants. It is a locked space if you don't want the tenants to use it.

The whole house 339 Spruce Street, Manchester NH consists of 18 rooms, 3 porches, 9 bedrooms and 3 baths. It is located on a .12 acre lot with a 5+ car parking in the back. The taxes for 2020 are $6,051. The current 2020 tax rate for Manchester, NH is $24.32 per thousand dollars of assessed property value.

Enjoy all the amenities of this Downtown Manchester NH 3 Family located at 339 Spruce St Manchester, NH 03103 for only $320,000. Call (603) 883-8840 today to schedule a showing with one of our qualified agents.

Below are some interior and exterior photos of the home. Call or email to take a look at this Manchester Multi Family for sale.

Manchester Multi Family for sale

Manchester Multi Family for sale | 339 Spruce St

Downtown Manchester, New Hampshire

Are you new to the Downtown Manchester, New Hampshire area? Are you considering this a place you might want to call home? Do you want to learn more about Downtown Manchester, New Hampshire? If you’re interested in learning more about Downtown Manchester, NH as a town give me a call or send me an email. We would be happy to answer any questions that you have.

If you are thinking of buying or selling a Multi Family in Downtown Manchester, NH give us a call and we can discuss your options. Call Harmony Real Estate at (603) 883-8840 for more information or to take a look at this multi-family today! Visit our website at http://www.Harmony-RE.com for more information.

March 18, 2019

Qualify for A VA loan with no down payment

Qualify for VA loan with no downpayment

Image by thetruthprenuer from Pixabay

Are you looking to qualify for VA loan purchase? Many Veterans are unaware that they can qualify to purchase a Southern NH house for sale with no down payment. Yes, you read that right, you can qualify for VA loan purchase with no down payment. 

Many homes for sale require a larger down payment which makes it a little more difficult for buyers to purchase a home. When a Veteran wants to purchase a Southern NH home for sale with no money down, they can ask the seller to pay up to 4% of the purchase price towards their closing costs, pre-paids, points and escrows on their purchase and sales agreement. This 4% concession will usually take care of all the remaining costs needed to purchase the home. 

As with anything there are some things that need to be done to make sure you qualify for VA loan purchase on a Southern NH house for sale. One such item is retrieving a Certificate of Eligibility (COE) from the VA. It confirms the purchase is through a Veteran and the Veteran still has remaining eligibility for buying a Southern NH house for sale. The VA will verify the service record of the veteran and provide the amount they are eligible to be registered for in the program. It will be in the form of a pre-approval letter with a specified amount that a Veteran can afford for a Southern NH home for sale.

Generally speaking, a Veteran is only allowed to have one VA loan and it is supposed to be used for the purchase of their primary residence. Some exceptions to this rule apply in the process but your situation would have to be considered by the underwriter to be approved.

The Veteran can obtain their Certificate of Eligibility typically one of two ways. They can apply for it directly through the VA or have their mortgage company apply for it directly on their behalf. The loan still requires that you meet all the requirements for getting a VA loan by getting the property Notice of Value (NOV) which is a lot like an appraisal. The NOV gives an opinion on the value of Southern NH Home for sale the Veteran is purchasing and notes any defects or repairs that need to be made to the home prior to closing to qualify for VA loan purchase.

The Veteran is also required to show that they can afford to pay the monthly payment for the Southern NH house for sale through their debt to income ratio. Ultimately, this is shown as a percentage of your debts versus the income you make as a percentage ratio. They like to see the Veteran stay under a 44% Debt to Income (DTI).

Many Veterans are purchasing homes this way at considerably lower monthly costs than non-Veterans. The interest rates can be very attractive in comparison to other rates. There is no mortgage insurance unlike most other loans on the market. While not everybody can qualify for VA loan purchase it is one of the best ways for a Veteran to purchase as Southern NH house for sale.

As with everything, you should check out all of your options available to finance a Southern NH house for sale so you can make the best decision. You can compare the different types of loans, review the APR (annual percentage rate ) on each loan. Then sit down with a knowledgeable loan officer who can go over your entire situation and review any questions you may have about your loan process.

Image by StockSnap from Pixabay

If you are a Veteran searching for a Southern NH house for sale, we can help you qualify for VA loan purchase. Give our agents a call at (603) 883-8840. We would be honored to give back and serve you through the home buying process! 

Do you need a bathtub for resale?

bathtub for resale

Image by WarrenMae from Pixabay

While many people are looking to showers more and think about the need for a bathtub for resale. It is definitely good for value when putting your home up for sale on the market. Families with young children won’t even consider buying your Southern New Hampshire house for sale if you don’t have a bathtub. While it can always be added most buyers are not looking to renovate, or might not even be able to afford a new tub, right after purchasing a new home. 

Some adults may not have any use for a bathtub due to their schedules or preferences, and might even prefer a steam shower with a bench seat over a bathtub. However, seniors and luxury buyers tend to look for a bathtub for relaxation when purchasing a Southern NH home for sale. I think the main consideration to take into account when making your decision will be who will consider purchasing your home for sale when you finally make the decision to sell it. If you live in a 55+ development or a 1 bedroom home you may be just fine. However you need a bathtub for resale if you are selling a house that calls to a larger family. 

Sellers need to have the necessities that buyers are looking for when purchasing a Southern New Hampshire house for sale. If you don’t have a bathtub in your home and it appeals to buyers who have young children, seniors or luxury buyers you should consider installing a bathtub if you don’t already have one! You wouldn’t want to rule out a good portion of the market by removing a bathtub that another family might require when they are looking for a home for sale.

Personally we would suggest having at least one bathtub in a home if it has 2 or more bedrooms but it will always depend on the market where you live. Ultimately the decision is yours to make and you should base it on your family’s need but 9ideally you'll need a bathtub for resale. We would always suggest keeping resale in mind when making home renovation decisions. Even if you think you will never sell your Southern NH home, situations change that force you to make decisions that you may never have thought were possible.

If you are looking to purchase or sell your Southern New Hampshire home for sale, give our agents at Harmony Real Estate a call at (603) 883-8840. We would love to help you with all your home buying and selling goals. We are the agency in tune with your real estate needs!  

South Nashua House Selling Myths Busted!

There are several common selling myths that a South Nashua seller may get stuck on. Whether you have developed your own preconceived notions, or you’re stuck on other sales people's misconceptions, believing these myths can hurt your ability to sell your South Nashua house for sale. 

Here are some myths about your South Nashua home for sale that you shouldn’t believe.

1. Price is the Only Reason to Buy 

Of course the listing price has something to do with the purchase of your South Nashua house for sale. However, it is not the main reason why someone is purchasing it. If the house you are selling is run down and falling apart, and it needs a lot of work, the price wouldn’t be the only factor. What is important in a situation like this is that the buyer has enough money and time to repair the South Nashua home themselves after their purchase. If not, they will move on to a deal that better suits their home needs, regardless of the price. 

​2.
Your house won't sell in the winter.

In many markets, spring tends to be the best one but it doesn't mean that a house can't or won't sell in the winter. In fact, in the market we are currently experiencing winter is an awesome time to sell. The fact is that buyers looking in the winter tend to be more serious buyers. Why would they be out looking at homes in the cold if they weren't? Winter has been good for years now due to low inventory as well. If there are no South Nashua homes for sale that meet your criteria or there is too much competition to win during the spring, winter could actually be the best time to purchase your South Nashua home. You just need a savvy REALTOR® who will be on your side guiding you through the process.

3. Buyers are Liars 

Many buyers are misguided about the South Nashua home buying process by what they hear from other sales people, on TV, and from the internet. This usually occurs when their real estate agent has failed to earn the buyers trust. Gaining a buyers trust means not pushing them to make a specific buying decision that is not good for them. 

The best REALTOR® will focus their attention on your specific needs and your current situation rather than trying to close the deal for their needs. Earning trust means treating people with respect and dignity even if they aren’t prepared to make a buying decision right away in South Nashua.

4. Anyone Can Be Persuaded To Buy

This might work at the mall when someone is shopping for Christmas gifts, but not just anyone can be persuaded to buy when it comes to purchasing a South Nashua home for sale. Buying a house is a very big deal! It’s one of the biggest, most expensive purchases a person will ever make and buyers don’t usually do it impulsively. 

Buyers like to find a home that is perfect for their needs and their family. No matter how well you are at persuading, if the South Nashua home you’re selling isn’t what the buyer wants and it isn’t the right fit for them, you won’t be able to persuade them to buy a house.

5. One Shoe Fits All

Many books have been written about the right ways to do things, and those books are full of myths themselves. We all have our own unique personality and what works well for one person may not work as effectively for another person. Everyone is different and when selling a South Nashua home for sale, you may want to think about what a buyer will like and combine it with your ideas so you can really connect with the buyer on their level and appeal to them. 

While renovating the entire kitchen may sell your home, it may not bring back the full value of the repair at resale. Going drastic with upgrades is not the best approach either. Many times some basic upgrades like curb appeal, decluttering, updated counters, new knobs and lighting fixtures, and a fresh coat of paint will do just fine. 

6. It’s Important To Close The Sale As Soon As Possible

This is probably one of the worst selling myths I have ever come across. Yes, it is important to move people towards a home buying decision, but it is also important that they are being treated properly. A good REALTOR® will make sure that their buyer is purchasing a South Nashua home for sale that best suits their buyers needs. 

Not every sale decision will be made easily, or quickly. A buyer needs to be sure they are doing what is best for them, and at a proper pace that works for their schedule. In certain situations, rushing to make a commitment to buy a South Nashua house might not be in your best interest if your not ready. Knowing the market and your mind, however is key! If you are interested in a home and couldn't imagine yourself without it then you will want to make a decision before anyone else does.  

7. Do Whatever It Takes To Get The Sale

Aggressive and manipulative sale tactics can sometimes work but you don't want the buyer coming back after the sale with complaints that turn into a liability. Also, you wouldn’t want someone to lie or swindle you in order to complete a sale so don’t ask your real estate agent to do that either.  

Many sellers feels as if they need to close the deal on any offer they get, and this is not the case. If someone offers you lower than your asking price for your South Nashua home for sale, but your house has just recently been put on the market you may still be able to get more for your home. Talk with your real estate agent, negotiating with the buyer may be a better option. Don’t give up until you discuss all the possible options with the buyers. When selling your South Nashua home for sale you need to be patient and make the best business decision for yourself as a seller.

8. You can sell your home by yourself.

While it is in fact possible to sell your South Nashua home for sale solo, it is always better to have a professional by your side. Selling your home takes time, knowledge and negotiating skills. Do you really want to worry about negotiating directly with a buyer or showing your house to strangers? If you were going to buy stocks, or had an important legal question, or needed advice on your tax return you would call a professional so it only makes sense that when you decide to sell your South Nashua home that you would call a REALTOR®.  You need a middle man to make the decisions less emotional and price your home accurately. It's also a known fact that houses sold with a REALTOR® sell faster and for more money. 

Real Estate sales is an honorable career and sales professionals and their sellers need to avoid becoming prey to these myths. Be sure to focus your energy to make the best educated decision possible when buying or selling a South Nashua home for sale. The agents here at Harmony Real Estate would be happy to make your buying and selling dreams a reality!

Call Harmony Real Estate at (603) 883-8840 if you are looking to purchase a South Nashua home for sale! Our agents are professionals looking out for your best interest. And our team is a family who would be happy to help you find the home of your dreams.

Do you really want to worry about showing your house to strangers?

Selling Myths Busted!

There are several common selling myths that a South Nashua seller may get stuck on. Whether you have developed your own preconceived notions, or you’re stuck on other sales people's misconceptions, believing these myths can hurt your ability to sell your South Nashua house for sale.

Here are some myths about your SOuth Nashua home for sale that you shouldn’t believe.

  1. Price is the #1 Reason Someone Buys
    Of course the listing price has something to do with the purchase of your South Nashua house for sale. However, it is not the main reason why someone is purchasing it. If the house you are selling is run down and falling apart, and it needs a lot of work, the price wouldn’t be the only factor. What is important in a situation like this is that the buyer has enough money and time to repair the South Nashua home themselves after their purchase. If not, they will move on to a deal that better suits their home needs, regardless of the price.

  1. Buyers Lie
    Many buyers are misguided about the South Nashua home buying process by what they hear from other sales people, on TV, and from the internet. This usually occurs when their real estate agent has failed to earn the buyers trust. Gaining a buyers trust means not pushing them to make a specific buying decision that is not good for them.

The best REALTOR® will focus their attention on your specific needs and your current situation rather than trying to close the deal for their needs. Earning trust means treating people with respect and dignity even if they aren’t prepared to make a buying decision right away in South Nashua.

  1. Anyone Can Be Persuaded To Buy
    This might work work at the mall when someone is shopping for Christmas gifts, but not just anyone can be persuaded to buy when it comes to purchasing a South Nashua home for sale. Buying a house is a very big deal! It’s one of the biggest, most expensive purchases a person will ever make and buyers don’t usually do it impulsively.

Buyers like to find a home that is perfect for their needs and their family. No matter how well you are at persuading, if the South Nashua home you’re selling isn’t what the buyer wants and it isn’t the right fit for them, you won’t be able to persuade them to buy a house.

  1. A Technique That Works For One Will Work For All
    Many books have been written about the right ways to do things, and those books are full of myths themselves. We all have our own unique personality and what works well for one person may not work as effectively for another person. However, instead of discarding that particular idea you should look for a way to integrate it into your natural style and approach. Everyone is different and when selling a South Nashua home for sale, you may want to think about what a buyer will like and combine it with your idea so you can really connect with the buyer on their level.

  1. It’s Important To Close The Sale As Soon As Possible
    This is probably one of the worst selling myths I have ever come across. Yes, it is important to move people towards a home buying decision, but it is also important that they are being treated properly. A good REALTOR® will make sure that their buyer is purchasing a South Nashua home for sale that best suits their buyers needs.

Not every sale decision will be made easily, or quickly. A Buyer wants to be sure they are doing what is best for them, and at a proper pace that works for their schedule. In certain situations, trying to rush the buyer to make a commitment to buy a South Nashua house can cost you the sale.

  1. Do Whatever It Takes To Get The Sale
    Aggressive and manipulative sale tactics can sometimes work, but they won't create returning customers and clients. You may get one sale but in the long run you will not have the customer wanting to work with you again. If they give you bad reviews you can lose future business. And you wouldn’t want the buyer coming back after the sale with complaints that turn into a liability. Also, you wouldn’t want someone to lie or swindle you in order to complete a sale so don’t ask your real estate agent to do that either.  

  2. Close The Deal At Any Price
    Many sellers feels as if they need to close the deal on any offer they get, and this is not the case. If someone offers you lower than your asking price for your South Nashua home for sale, but your house has just recently been put on the market, don’t worry because someone else will love your listing too. Or negotiating with the buyer may be a better option. Don’t give up until you discuss all the possible options with the buyers. When selling your South Nashua home for sale you need to be patient and make the best business decision for yourself as a seller.

Real Estate sales is an honorable career and sales professionals and their sellers need to avoid becoming prey to these myths. Be sure to focus your energy to help your buyer make the best educated decision possible when buying a South Nashua home for sale.

Call Harmony Real Estate at (603) 883-8840 if you are looking to purchase a South Nashua home for sale! Our agents are professionals looking out for your best interest. And our team is a family who would be happy to help you find the home of your dreams.

November 21, 2017

Should I Stop Renting and Buy a House?

Are you tired of renting? Do you think that you are ready to buy your first South Hudson NH home for sale?

Here are a few factors that will help you to decide whether or not to buy your first home or continue renting!

  1. You don’t have debt

  2. If you have a lot of debt you most likely will not be able to get a lender to give you a loan for a mortgage. It is always worth a try, but odds are you won’t be to lucky if you’re over extended. If you are in debt that means you either can’t afford to pay your bills on time, or you just plain forget, which happens to the best of us. If you’re in debt you can’t manage to pull yourself out of, you may need to continue renting until you have the ability to change the situation.

    But don’t give up before you try. There might be a way to get yourself out of a bad situation so that you will be able to buy that dream home in South Hudson you’ve been thinking about for so long. It may not be right away but we can also work with you to figure out a plan of action to make your dream of buying a South Hudson home for sale a reality!

  1. You’re good with money

  2. If you are good at managing your money, you always pay your rent on time, and you still have enough money left over for personal things such as groceries or your car payment, then you may be a great candidate for buying a South Hudson NH home! You will want to be sure you have enough money for a down payment, as well as some extra money for all the renovations your new home may need or that you want.

  3. You have good credit

  4. The sellers won’t want to accept an offer from someone with bad credit, because you won’t be able to get a pre-approval letter from the bank to back you up. So be sure you pay your bills, and any previous loans you’ve gotten in the past if you want to purchase your own South Hudson home for sale.

    If you have good credit you can be trusted to pay a loan back to the bank. Which in plain terms means thy will lend you money for your mortgage! 

  1. You want control of your surroundings

    When you are renting, you can’t renovate things the way you would like to because it’s someone else's property and not your own to make decisions about. If you have had dreams of living in a purple house, then buy a house and paint it purple! It is always nice to be able to personalize things and make them your own. 

  2. If you have always wanted a beautiful fenced in yard with a nice pool in the backyard then you shouldn't be renting. Instead of renting, buy a South Hudson NH home for sale. Currently, rent prices are higher than it would cost to pay a mortgage and you won’t get the benefit of the tax break if you rent either. 

  1. Your family is growing

  2. If you have a growing family, and renting just isn’t working for you because you don’t have enough space, or enough rooms to be the perfect fit for you and your family then maybe it is time to buy your first South Hudson home for sale! A small home or a small apartment isn’t going to help you while your family is growing. 

If you are seeking a home for sale in South Hudson New Hampshire or the surrounding area give Harmony Real Estate a call today at (603) 883-8840 or visit our website at www.Harmony-RE.com for a list of South Hudson NH homes for sale! Our team is a family and we will make sure you find a home that best suits your needs. We look forward to hearing from you!

What are the typical closing costs for a Southern NH house for sale?

Closing Costs are fees that are associated with the purchase of your Southern NH home for sale that are paid at the closing of a real estate transaction. The closing is the time at which the title of your Southern NH home for sale is transferred from the seller to the buyer. The closing costs of the loan are incurred by the buyer. While the seller pays for commission, transfer of the deed and a few other miscellaneous state fees.

There are many different fees you can expect to encounter when you are closing on a new home in Southern New Hampshire. They vary widely depending on where you live, the type of home you purchase, and the type of loan that you choose to take out. These fees may include:

  • Application Fee: The application fee covers the cost for the lender to process your application. Before submitting an application, ask your lender what this fee covers. Not all lenders charge an application fee, and if they do it is possible it can be negotiated.
  • Appraisal: This fee is paid to the appraisal company to confirm the market value of the home you intend to purchase. It typically costs from $400-$600 depending on the property type. With a VA or FHA loan the lender will require the appraisal to be at or above the purchase price unless the buyer is capable of paying the difference in cash which is typically not possible. If you are a conventional buyer in Southern NH and have a large down payment you should make the contract subject to the appraisal.
  • Closing/Escrow Fee: This is paid to the title company or the escrow company for conducting the closing. It usually ranges from $350-$600 depending on the company and type of closing. The title company or escrow oversees the closing as an independent party in your home purchase. We suggest using a company this knows Southern NH laws.
  • Courier Fee: This covers the cost of transporting documents to complete the loan transaction as quickly as possible. Usually courier fees don’t cost more than $50 each.
  • Credit Report: A credit report is needed to get your credit history and your credit score. Your credit score plays a big role in determining the interest rate you’ll get on your Southern NH loan. Typically the credit report runs from $25-$50 but could be more costly if there was a credit problem that had to be resolved.
  • Escrow Deposit for Taxes & Insurance: Often you are asked to put down up to six months of property tax and mortgage insurance payments when closing in Southern NH. So make sure to budget for it.
  • Flood Zone: This is paid to a third party to determine if the property is located in a flood zone. This should also be a small fee under $50.
  • Home Inspection: You will most likely get your own home inspection to verify the condition of a property, as well as to check for home repairs that may be needed before closing on your new home. Depending on whether there is a septic and well or public water/sewer and what other tests you do such as mold, lead, pests, radon, pool, etc. will determine how costly this will be. The basic inspections costs from $400-$1200 and could potentially be more depending on the tests you decide to have done on your Southern NH home for sale.
  • Homeowners Association Fees: The Seller will pay for this transfer which will show that the dues are paid current, what the dues are, a copy of the association financial statements, minutes and notices. There may also be a one-time fee for the buyer to join the Association that goes into the Reserves.
  • Homeowners’ Insurance: This covers possible damages to your Southern NH home. Your first year’s insurance is often paid at closing and the cost varies based on the size of the home, your credit and the amenities.
  • Lender’s Title Insurance: This is insurance to assure the lender that you own the home and the lender’s mortgage is a valid lien, and it protects the lender if there is a problem with the title. The cost varies based on the sales price of the Southern New Hampshire home you buy.
  • Owner’s Title Insurance: This is an insurance policy that protects you if someone challenges your ownership of your home. This cost also varies based on the price of the home you buy.
  • Origination Fee: This covers the lender’s administrative costs. It’s usually about 1% of the total loan.
  • Prepaid Interest: Most lenders will ask you to prepay any interest that will accrue between closing and the date of your first mortgage payment.
  • Property Taxes: Typically lenders will want any taxes due within 60 days of purchase by the lender to be paid at closing. There may also be taxes due to the owner that were prepaid.
  • Recording Fees: This is a fee charged by your local recording office for the recording of public land records. It is usually around $50.
  • Transfer Taxes: The transfer tax is one of the largest fees you encounter in New Hampshire. The NH Transfer tax is $15 per $1,000 of the sales price. This fee is split between the buyer and the seller unless otherwise agreed to in writing. In other states there are different fees and it may only be born by the seller.
  • Underwriting Fee: This also goes to your lender, covering the cost of researching whether or not to approve you for the loan. An underwriter looks at your file and makes the decision as whether your Southern NH home loan will be accepted or not.

Home buyers will pay anywhere between about 2% to 5% of the purchase price of their home in closing fees but it typically ranges around 3.5%. Your lender will give you a loan estimate for your loan, which will include what the closing costs on your home will be. Many of the fees that make up closing costs may be negotiable. You can also look around for different lenders to see who may be willing to offer you a loan with the lowest closing costs and especially the lowest interest rate.

If you are looking for a Southern New Hampshire home for sale give Harmony Real Estate a call at (603) 883-8840. You can also visit our website at www.Harmony-RE.com for a list of Sothern New Hampshire homes for sale. Our team is a family and we will make sure you find a home that best suits your needs! We look forward to hearing from you!

What Are the Closing Costs in Southern NH?

Closing Costs are fees that are associated with the purchase of your Southern NH home for sale that are paid at the closing of a real estate transaction. The closing is the time at which the title of your Southern NH home for sale is transferred from the seller to the buyer. The closing costs of the loan are incurred by the buyer. While the seller pays for commission, transfer of the deed and a few other miscellaneous state fees.

There are many different fees you can expect to encounter when you are closing on a new home in Southern New Hampshire. They vary widely depending on where you live, the type of home you purchase, and the type of loan that you choose to take out. These fees may include:

  • Application Fee: The application fee covers the cost for the lender to process your application. Before submitting an application, ask your lender what this fee covers. Not all lenders charge an application fee, and if they do it is possible it can be negotiated.

  • Appraisal: This fee is paid to the appraisal company to confirm the market value of the home you intend to purchase. It typically costs from $400-$600 depending on the property type. With a VA or FHA loan the lender will require the appraisal to be at or above the purchase price unless the buyer is capable of paying the difference in cash which is typically not possible. If you are a conventional buyer in Southern NH and have a large down payment you should make the contract subject to the appraisal.

  • Closing/Escrow Fee: This is paid to the title company or the escrow company for conducting the closing. It usually ranges from $350-$600 depending on the company and type of closing. The title company or escrow oversees the closing as an independent party in your home purchase. We suggest using a company this knows Southern NH laws.

  • Courier Fee: This covers the cost of transporting documents to complete the loan transaction as quickly as possible. Usually courier fees don’t cost more than $50 each.

  • Credit Report: A credit report is needed to get your credit history and your credit score. Your credit score plays a big role in determining the interest rate you’ll get on your Southern NH loan. Typically the credit report runs from $25-$50 but could be more costly if there was a credit problem that had to be resolved.

  • Escrow Deposit for Property Taxes & Mortgage Insurance: Often you are asked to put down up to six months of property tax and mortgage insurance payments when closing in Southern NH. So make sure to budget for it.

  • Flood Determination For Life of Loan Coverage: This is paid to a third party to determine if the property is located in a flood zone. This should also be a small fee under $50.

  • Home Inspection: You will most likely get your own home inspection to verify the condition of a property, as well as to check for home repairs that may be needed before closing on your new home. Depending on whether there is a septic and well or public water/sewer and what other tests you do such as mold, lead, pests, radon, pool, etc. will determine how costly this will be. The basic inspections costs from $400-$1200 and could potentially be more depending on the tests you decide to have done on your Southern NH home for sale.

  • Homeowners Association Transfer Fees: The Seller will pay for this transfer which will show that the dues are paid current, what the dues are, a copy of the association financial statements, minutes and notices. There may also be a one-time fee for the buyer to join the Association that goes into the Reserves.

  • Homeowners’ Insurance: This covers possible damages to your Southern NH home. Your first year’s insurance is often paid at closing and the cost varies based on the size of the home, your credit and the amenities.

  • Lender’s Policy Title Insurance: This is insurance to assure the lender that you own the home and the lender’s mortgage is a valid lien, and it protects the lender if there is a problem with the title. The cost varies based on the sales price of the Southern New Hampshire home you buy.

  • Owner’s Policy Title Insurance: This is an insurance policy that protects you if someone challenges your ownership of your home. This cost also varies based on the price of the home you buy.

  • Origination Fee: This covers the lender’s administrative costs. It’s usually about 1% of the total loan.

  • Prepaid Interest: Most lenders will ask you to prepay any interest that will accrue between closing and the date of your first mortgage payment.

  • Property Tax: Typically lenders will want any taxes due within 60 days of purchase by the lender to be paid at closing. There may also be taxes due to the owner that were prepaid.

  • Recording Fees: This is a fee charged by your local recording office for the recording of public land records. It is usually around $50.

  • Transfer Taxes: The transfer tax is one of the largest fees you encounter in New Hampshire. The NH Transfer tax is $15 per $1,000 of the sales price. This fee is split between the buyer and the seller unless otherwise agreed to in writing. In other states there are different fees and it may only be born by the seller.

  • Underwriting Fee: This also goes to your lender, covering the cost of researching whether or not to approve you for the loan. An underwriter looks at your file and makes the decision as whether your Southern NH home loan will be accepted or not.

Home buyers will pay anywhere between about 2% to 5% of the purchase price of their home in closing fees but it typically ranges around 3.5%. Your lender will give you a loan estimate for your loan, which will include what the closing costs on your home will be. Many of the fees that make up closing costs may be negotiable. You can also look around for different lenders to see who may be willing to offer you a loan with the lowest closing costs and especially the lowest interest rate.

If you are looking for a Southern New Hampshire home for sale give Harmony Real Estate a call at (603) 883-8840. You can also visit our website at www.Harmony-RE.com for a list of Sothern New Hampshire homes for sale. Our team is a family and we will make sure you find a home that best suits your needs! We look forward to hearing from you!