When you receive an offer for your Southern New Hampshire home for sale, you need to look in the actual print for a few things before you sign on the dotted line. Your real estate agent and/or lawyer will be able to point out glaring deficiencies, inconsistencies or other things not in your best interest. However, the more you know about the purchase contract yourself, the better chances you have of getting a good deal on your Southern New Hampshire home for sale. (Note: in New Hampshire, the offer form becomes the purchase contract once all parties have signed and initialed all pages and any changes.)
Here are four points to ponder in your purchase and sales agreement:
Closing Date
Sometimes a buyer may want to wait a month or two before taking over the title. You want to check the closing date against your own schedule and make sure it’s acceptable. Don’t be inflexible. In this highly competitive real estate market, be willing to negotiate on the closing date – unless, of course, you don’t have a choice.
Remaining Property
Contracts range in terms of what fixtures and personal property will remain with the home. In a few cases, the contract entitles the buyer to everything on the property. In other cases, the contract entitles them to nothing more than attached (ceiling) light fixtures and electrical socket covers. Carefully read over what the buyer expects to remain with the home and make sure you agree.
Contingencies
The factors a buyer may want in place before the contract is finalized may be more than you’re willing to deal with. For example, the buyer may want an inspection before signing, or they may want to sell their own home. They may want the contract reviewed by their lawyer and they will likely still be waiting for their mortgage to be approved.
The problem with contingencies is they can drag on much longer than you expect them to. To be safe – even if you’re okay with the contingencies – set a time limit for them to be accomplished. This way, your sale won’t drag on forever without ever closing.
Expiration Date
Finally, pay attention to the expiration date of the offer. You may have eight hours or eight days to accept, reject or counter the contract. Pay attention to how long you have to consider the offer for your Southern New Hampshire home for sale.
If you’re trying to sell your home and need a knowledgeable agent on your side, I can help. Call me at 603-821-1134 or email me at Dave@daveheeter.com for more information.
Tuesday, November 30, 2010
Friday, November 19, 2010
7 Ways to Save Money and the Environment in your Southern New Hampshire Home this Thanksgiving
If you’re looking for ways to save money this Thanksgiving, I have a few tips for you. As an added benefit, you’ll also be helping the environment when you implement these ideas.
I wish you and your loved ones a very warm and happy Thanksgiving!
- Bring in the outside: A lot of people in your Southern NH home, plus the heat from the oven, can make even a November day uncomfortably hot. Instead of turning on the A/C, open some windows to cool your home down.
- Buy only a few organic foods: Organic food is usually more expensive than conventionally grown food. Instead of buying a lot of organic groceries, purchase only key organic items that are most likely to be wearing pesticides. Check out the Dirty Dozen list to discover the produce you should consider purchasing from the organic section for your holiday meal.
- Compost: Add your Thanksgiving fruit and vegetable trimmings to your Southern New Hampshire home’s compost bin, or start one if you don’t already have one. Next year’s garden will thank you.
- Eat locally grown food: Depending on where you live, there may not be much locally grown produce available in November, but there are other foods you can purchase locally. Apples and apple butter top my list of things to buy locally this fall. Purchase turkeys and chickens grown by local farmers. Buy delicious homemade pies and bread at your local farmer’s market.
- Plan a potluck: Instead of doing all the work yourself, make this
turkey day a potluck. It’s easier and cheaper for you, and allows family and friends to feel more a part of the event. This is a wonderful new tradition you can start, which others may well continue for years (and generations) to come.
- Save leftovers in glass jars: Instead of putting leftovers in plastic bags or Styrofoam containers, use glass jars. Save glass jam jars or spaghetti sauce jars and reuse them to package leftovers.
- Wash and reuse: Use cloth napkins and tablecloths that can be washed and used again. If you don’t already have some, consider making your own cloth napkins out of material you already have in your Southern New Hampshire home. Not only are they eco-friendly and inexpensive, they’re also elegant and attractive.
I wish you and your loved ones a very warm and happy Thanksgiving!
Thursday, November 18, 2010
Southern New Hampshire Homes Become More Affordable
Don’t you just love it when the evening news finally shares some good news? I do too! So, I want to do my part and share some good news with you today: Southern New Hampshire homes and homes nationwide are becoming more affordable. In fact, according to the National Association of REALTORS®, housing affordability is close to reaching an all-time high.
Big Benefit to Buyers
Exactly how does this benefit the buyers of Southern New Hampshire homes? A typical buyer can pay much less in mortgage costs for the same home, or buy a better home without increasing their monthly payment.
Reasons for Improvement
There are several reasons housing affordability is improving:
- Lower mortgage rates. The primary reason Southern New Hampshire homes are now more affordable is that we have the lowest mortgage rates in history.
- Declining house prices. As with all things real estate, local markets dictate housing prices, but, overall, prices of homes have dropped across the nation. Some markets encountered only minimal price declines while others experienced major declines.
- Higher wages. You probably don’t feel like there’s been an increase in wages, but there has been a small one. In 2009, the average wage rate rose 3 percent and is up an additional 1.2 percent so far this year.
If you’d like to buy a home, have good credit and a steady job, the real estate market has never looked more favorable.
Ready to buy a home? Let me help you find the home of your dreams and get it at a great price. Call me today at 603-821-1134 or email me at Dave@DaveHeeter.com.
Wednesday, November 17, 2010
Is a Southern New Hampshire Condo Right for You?
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Cannongate in Nashua |
Pros of Owning a Southern NH Condo
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Woodbury in Merrimack |
* Location. Many condos are built in popular areas surrounded by shopping, restaurants, and entertainment. Homes in these areas may be out of your price range, but you can still live there in a condo and have the same neighborhood amenities.
Cons of Owning a Southern NH Condo
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Bluestone in Nashua |
* Condo Associations. Condominium owners serve on boards that decide how condo fees are spent. They may even decide to use fees for something you will never use.
Need more help deciding if a condo is right for you? Call me today at 603-821-1134 or email me at Dave@DaveHeeter.com. I’m happy to help!
Tuesday, November 16, 2010
6 Tips for Selling Your Southern New Hampshire Home During the Holidays
Selling your Southern New Hampshire home is a stressful experience for most people. It’s certainly not easier during the holidays, but selling your home during the holidays doesn’t have to be the end of the world.
Here are 6 tips to help you sell your Southern NH home during the holidays:
1. Decorate. Holiday decorations are beautiful and make your home look inviting, especially traditional decorations displayed tastefully throughout your home. Just keep the decorations simple and uncluttered.
2. Bake. Go ahead and bake your own pies this year. You’ll have your pies ready and fill your house with the welcoming scents of spices to entice buyers.
3. Create warmth. Keep the thermostat set at a comfortable heating level. Buyers won't stay in a house if it's cold.
4. Brighten it up. Winter days are often dark and gray. Bring in all available natural light by keeping curtains open during daytime showings. Turn on lamps and other lighting in your home or use automatic timers.
5. Share some holiday spirit. Buyers may want to see your home at inconvenient times, but keep in mind that everyone is busy at this time of year. Buying a home during the holidays is no easier than selling a home during the holidays, so be gracious.
6. Continue your usual life. Don’t neglect your family or obligations during this time. This will only add to your stress. Just keep the holidays as stress free as possible this year, so you don’t add to your overall stress level.
Selling your Southern New Hampshire home during the holidays can be done. Follow these tips to use the holidays to your advantage.
Ready to sell your home? I’m ready to help! Give me a call today at 603-821-1134 or email me at Dave@DaveHeeter.com.
Here are 6 tips to help you sell your Southern NH home during the holidays:
1. Decorate. Holiday decorations are beautiful and make your home look inviting, especially traditional decorations displayed tastefully throughout your home. Just keep the decorations simple and uncluttered.
2. Bake. Go ahead and bake your own pies this year. You’ll have your pies ready and fill your house with the welcoming scents of spices to entice buyers.
3. Create warmth. Keep the thermostat set at a comfortable heating level. Buyers won't stay in a house if it's cold.
4. Brighten it up. Winter days are often dark and gray. Bring in all available natural light by keeping curtains open during daytime showings. Turn on lamps and other lighting in your home or use automatic timers.

6. Continue your usual life. Don’t neglect your family or obligations during this time. This will only add to your stress. Just keep the holidays as stress free as possible this year, so you don’t add to your overall stress level.
Selling your Southern New Hampshire home during the holidays can be done. Follow these tips to use the holidays to your advantage.
Ready to sell your home? I’m ready to help! Give me a call today at 603-821-1134 or email me at Dave@DaveHeeter.com.
Monday, November 15, 2010
Re-laminate Your Southern New Hampshire Home’s Countertops
If you want to freshen up your Southern New Hampshire home’s kitchen, redoing the countertops might be a good choice. It’s quick and easy to install new laminate, and you’ll have almost limitless styles to choose from. Here’s how to install new laminate on your kitchen countertop:
Measure Countertop
Measure the existing countertop in your Southern New Hampshire home’s kitchen and total the results. Add a few inches to the side and bottom measurements to give you a little wiggle room. You’ll need to buy contact cement, a putty knife and a utility knife at the home improvement store at the same time as the laminate.
Prepare the Area
First, you’ll have to remove the old laminate. Leftover laminate and adhesives can make it hard for the new laminate to properly attach to the countertop. Use a three to four inch putty knife to scrape off the old laminate.
After you’ve removed it all, sand the surface underneath to make sure that any left over adhesive has been completely removed. Work carefully from one end of the counter to the other and double check your work. Then wipe the area down with a clean cloth and dry it.
Cut the Laminate and Apply the Cement
Next, you’ll measure and cut the new laminate to the correct size with the utility knife. Apply the contact cement to the edge of the countertop and press the laminate into place. Then spread the cement on top of the counter, and press down evenly on the laminate to properly adhere it to the surface.
Go over the entire counter again with equal pressure to seal the contact cement. Trim the excess laminate with the utility knife. Then clean the work area with a damp cloth.
You’ll be able to use the countertop shortly after the contact cement dries. Re-doing the laminate can breathe new life into your Southern New Hampshire home’s kitchen without emptying your wallet.
Measure Countertop
Measure the existing countertop in your Southern New Hampshire home’s kitchen and total the results. Add a few inches to the side and bottom measurements to give you a little wiggle room. You’ll need to buy contact cement, a putty knife and a utility knife at the home improvement store at the same time as the laminate.
Prepare the Area
First, you’ll have to remove the old laminate. Leftover laminate and adhesives can make it hard for the new laminate to properly attach to the countertop. Use a three to four inch putty knife to scrape off the old laminate.
After you’ve removed it all, sand the surface underneath to make sure that any left over adhesive has been completely removed. Work carefully from one end of the counter to the other and double check your work. Then wipe the area down with a clean cloth and dry it.
Cut the Laminate and Apply the Cement
Next, you’ll measure and cut the new laminate to the correct size with the utility knife. Apply the contact cement to the edge of the countertop and press the laminate into place. Then spread the cement on top of the counter, and press down evenly on the laminate to properly adhere it to the surface.
Go over the entire counter again with equal pressure to seal the contact cement. Trim the excess laminate with the utility knife. Then clean the work area with a damp cloth.
You’ll be able to use the countertop shortly after the contact cement dries. Re-doing the laminate can breathe new life into your Southern New Hampshire home’s kitchen without emptying your wallet.
Friday, November 12, 2010
Top 10 Reasons People Sell Their Southern New Hampshire Homes
Selling a home is never an easy decision. If you’ve ever wondered how most people make this decision, you’ll enjoy this top 10 list. Here are the top 10 reasons people sell their Southern New Hampshire homes.
- Death or divorce. Death and divorce can cause major changes to a family’s financial situation. Homeowners are often unable to cover the maintenance and cost of the home on a single income and are forced to sell their home.
- School district. People move to certain neighborhoods to be in the school district. They also leave neighborhoods because the schools have changed or to be in a district that better meets their child’s needs.
- Job. A very common reason for selling a home is a job change. The family may need to move to a new area because of a new job. A job loss may mean the owners can no longer afford their home.
- Marriage. When a couple with separate homes marries, they often choose to live in one home and sell the other or sell both and buy a joint home. Marriage can also mean a change in finances.
- Too much debt. Sometimes medical bills or consumer debt can become so overwhelming that homeowners have no recourse but to sell their Southern New Hampshire homes. Homeowners may sell their homes to avoid foreclosure or bankruptcy.
- Need more space. Growing families need more space. A couple may discover that their cozy bungalow does not meet the needs of their small children. They may sell their home so they can upgrade.
- Need less space. As children move out, some owners may find they need less space. They may no longer want to be responsible for cleaning and maintaining a large home.
- Neighborhood. Neighborhoods change as people move in and out. What seemed like the perfect area of Southern New Hampshire when the owners bought their home may no longer fit their lifestyle.
- Climate. People living in the north may decide they want a break from the snow. Residents of the south sometimes want to be in a cooler climate.
- Home defects. Homeowners may find themselves faced with major repairs that they don’t have the time or money to fix. Selling their home and moving is sometimes a better option.
Thursday, November 11, 2010
Buying a Southern New Hampshire home? Don’t Miss This on Your Home Inspection
If you’re buying a Southern New Hampshire home, you probably know you need to have the property inspected to make sure the home is in good condition before buying it. But do you know the types of inspections you want done?
One of the inspections you want to include is a test for radon gas. (Be sure to also include a radon contingency in your offer to purchase.) Radon sounds fairly harmless, doesn’t it? However, you might not want to pass this option up, especially if your potential new Southern NH home has living space in the basement.
What is Radon?
Colorless, tasteless and odorless, radon is easy to miss. It’s a natural gas that’s found all over the U.S. When we all breathe it in the air, it’s highly diluted. The problem isn’t when radon is outside; the problem is when it builds up in enclosed spaces. In high enough concentration, radon can cause health issues. Over 21,000 deaths per year from lung cancer are Radon related according to EPA estimates. (The incidence of death is higher among smokers, but still....)
Because no home can be completely sealed against gas from the ground, radon can be present in any type of home and may even build up more in newer, more airtight homes. It can even be found in the water supply. In fact, the EPA estimates that 1 in 15 homes have elevated radon levels.
Getting the home tested…
While certain parts of the country are at higher risk than others, living in a low risk area doesn’t make your particular home safe. When you set up your property inspections, I strongly urge you to request a radon inspection.
If there is radon in the home…
Radon is measured by the quantity in a specified amount of air. According to the EPA, if the radon level is more than 4.0 pCi/l, there’s a problem that needs to be rectified with a radon mitigation system. Simply put, the gas needs to be vented to the outside.
Fortunately, the fix won’t take a lot of time or money, but it does need to be done by a trained radon mitigation system professional. For example, if the basement is not finished, you should be able to have a system installed for less than $1,000 (as long as the radon is only in the air, not water, and depending on the size of the home). Regardless of how high the radon levels were to begin with, this eliminates the problem.
If you’re trying to find a great Southern New Hampshire home to buy, I can help. Call me at 603-821-1134 or email me at Dave@DaveHeeter.com for more information.
One of the inspections you want to include is a test for radon gas. (Be sure to also include a radon contingency in your offer to purchase.) Radon sounds fairly harmless, doesn’t it? However, you might not want to pass this option up, especially if your potential new Southern NH home has living space in the basement.
What is Radon?
Colorless, tasteless and odorless, radon is easy to miss. It’s a natural gas that’s found all over the U.S. When we all breathe it in the air, it’s highly diluted. The problem isn’t when radon is outside; the problem is when it builds up in enclosed spaces. In high enough concentration, radon can cause health issues. Over 21,000 deaths per year from lung cancer are Radon related according to EPA estimates. (The incidence of death is higher among smokers, but still....)
Because no home can be completely sealed against gas from the ground, radon can be present in any type of home and may even build up more in newer, more airtight homes. It can even be found in the water supply. In fact, the EPA estimates that 1 in 15 homes have elevated radon levels.
Getting the home tested…
While certain parts of the country are at higher risk than others, living in a low risk area doesn’t make your particular home safe. When you set up your property inspections, I strongly urge you to request a radon inspection.
If there is radon in the home…
Radon is measured by the quantity in a specified amount of air. According to the EPA, if the radon level is more than 4.0 pCi/l, there’s a problem that needs to be rectified with a radon mitigation system. Simply put, the gas needs to be vented to the outside.
Fortunately, the fix won’t take a lot of time or money, but it does need to be done by a trained radon mitigation system professional. For example, if the basement is not finished, you should be able to have a system installed for less than $1,000 (as long as the radon is only in the air, not water, and depending on the size of the home). Regardless of how high the radon levels were to begin with, this eliminates the problem.
If you’re trying to find a great Southern New Hampshire home to buy, I can help. Call me at 603-821-1134 or email me at Dave@DaveHeeter.com for more information.
Wednesday, November 10, 2010
Buying a Southern New Hampshire Home for Sale versus Renting
Should you buy a Southern NH home for sale? Maybe yes, maybe no. People don’t live in cookie cutter situations; everyone has a unique set of circumstances. For that matter, you may not even need a house. Maybe an apartment is a better fit for your lifestyle.
Here are four factors to consider before deciding whether to buy or rent:
1. Maintenance: One factor you might use to decide whether or not you want to buy a Southern New Hampshire home for sale is maintenance. As a homeowner, you’re responsible for the roof when it leaks and the plumbing when it’s clogged. As a renter, you have a landlord who takes care of all that.
2. Frequency of relocation: Another factor to consider is how long you plan to be in the area. For example, if you plan to move in less than five years and don’t fancy renting out the home after you move, buying probably isn't the best option for you.
3. Tax deductions: The interest you pay on your mortgage is usually tax-deductible. As well, when you close on a home you have the option to pay “points” to reduce your interest over the life of your loan. The amount you pay to cover the points is also usually tax deductible for the year in which you buy the home. Now think about renting… none of your rent is tax deductible. You don’t get money back for living in a home; you get money back for buying a home. With that money, you could further pay down your loan, make repairs or any number of things you need to do.
4. Home decor: When you own, you can decorate any way you want. You can paint, hang pictures or even knock down walls. When you rent, you must live by the rules and regulations established by the landlord, which are usually very restrictive.
So, should you rent or buy? I could tell you buying is the best thing to do, but I could be wrong because I don’t know your particular situation. However, if you can afford a Southern New Hampshire home for sale and want to buy one, don’t pass up the best mortgage rates the real estate industry has ever seen!
Still uncertain as to whether renting or buying is best for you? Give me a call at 603-821-1134, and I’ll personally help you figure it out.
Have you decided owning a home is right for you? Let me help you find and buy a great home at a great price. Call me at 603-821-1134 or email me at Dave@DaveHeeter.com for more information.
Here are four factors to consider before deciding whether to buy or rent:
1. Maintenance: One factor you might use to decide whether or not you want to buy a Southern New Hampshire home for sale is maintenance. As a homeowner, you’re responsible for the roof when it leaks and the plumbing when it’s clogged. As a renter, you have a landlord who takes care of all that.
2. Frequency of relocation: Another factor to consider is how long you plan to be in the area. For example, if you plan to move in less than five years and don’t fancy renting out the home after you move, buying probably isn't the best option for you.
3. Tax deductions: The interest you pay on your mortgage is usually tax-deductible. As well, when you close on a home you have the option to pay “points” to reduce your interest over the life of your loan. The amount you pay to cover the points is also usually tax deductible for the year in which you buy the home. Now think about renting… none of your rent is tax deductible. You don’t get money back for living in a home; you get money back for buying a home. With that money, you could further pay down your loan, make repairs or any number of things you need to do.
4. Home decor: When you own, you can decorate any way you want. You can paint, hang pictures or even knock down walls. When you rent, you must live by the rules and regulations established by the landlord, which are usually very restrictive.
So, should you rent or buy? I could tell you buying is the best thing to do, but I could be wrong because I don’t know your particular situation. However, if you can afford a Southern New Hampshire home for sale and want to buy one, don’t pass up the best mortgage rates the real estate industry has ever seen!
Still uncertain as to whether renting or buying is best for you? Give me a call at 603-821-1134, and I’ll personally help you figure it out.
Have you decided owning a home is right for you? Let me help you find and buy a great home at a great price. Call me at 603-821-1134 or email me at Dave@DaveHeeter.com for more information.
Tuesday, November 9, 2010
Southern New Hampshire Homes for Sale: 29 Inside Tasks
Those who have never had a Southern New Hampshire home for sale before may think selling is as simple as hiring an agent and putting a sign in the yard. It’s not, however, as you’ll soon discover.
The Inside of Your Home
The exterior of Southern NH homes for sale is the first up-close impression buyers get. So, when buyers make it inside, they’re one step closer to actually buying. However, if the interior is a mess, it could blow the whole deal.
Here’s a checklist to make your home’s interior buyer ready:
1. Make sure the front door doesn’t stick
2. Test windows to ensure they open and close easily
3. Wash windows inside and out
4. Move pets and pet supplies to a temporary home (if possible)
5. Fix leaky faucets
6. Update your cabinet hardware and door knobs
7. De-clutter closets and cabinets (yes, people open them!)
8. Replace or repair cabinet doors
9. Clean grout
10. Wash the walls if not repainting
11. Repair cracks or holes in the wall
12. Paint walls a neutral color
13. Remove personal items, such as knick-knacks and personal mementos
14. Clean the fireplace
15. Have the chimney professionally cleaned
16. Remove clutter from countertops, tables and shelves
17. Steam or dry clean the carpets
18. Scrub all appliances
19. Clean cobwebs and dead bugs from light fixtures and ceiling fans
20. Make sure every light has a working bulb
21. Degrease the stove and oven
22. De-clutter and clean the attic, basement and garage
23. Make sure crawl spaces have crawl space waterproofing
24. Remove excess furniture
25. Rearrange remaining furniture in good proportion (Or hire a home stager)
26. Clean the drapes
27. Replace broken panels for electrical switches and outlets
28. Wipe down baseboards
29. Clean and wax linoleum floors
While each of the Southern New Hampshire homes for sale is unique, with different selling points and selling problems, this list is a good start for any home.
If you’re ready to sell your home, I can help. Call me at 603-821-1134 or email me at Dave@DaveHeeter.com for more information.
The Inside of Your Home
The exterior of Southern NH homes for sale is the first up-close impression buyers get. So, when buyers make it inside, they’re one step closer to actually buying. However, if the interior is a mess, it could blow the whole deal.
Here’s a checklist to make your home’s interior buyer ready:
1. Make sure the front door doesn’t stick
2. Test windows to ensure they open and close easily
3. Wash windows inside and out
4. Move pets and pet supplies to a temporary home (if possible)
5. Fix leaky faucets
6. Update your cabinet hardware and door knobs
7. De-clutter closets and cabinets (yes, people open them!)
8. Replace or repair cabinet doors
9. Clean grout
10. Wash the walls if not repainting
11. Repair cracks or holes in the wall
12. Paint walls a neutral color
13. Remove personal items, such as knick-knacks and personal mementos
14. Clean the fireplace
15. Have the chimney professionally cleaned
16. Remove clutter from countertops, tables and shelves
17. Steam or dry clean the carpets
18. Scrub all appliances
19. Clean cobwebs and dead bugs from light fixtures and ceiling fans
20. Make sure every light has a working bulb
21. Degrease the stove and oven
22. De-clutter and clean the attic, basement and garage
23. Make sure crawl spaces have crawl space waterproofing
24. Remove excess furniture
25. Rearrange remaining furniture in good proportion (Or hire a home stager)
26. Clean the drapes
27. Replace broken panels for electrical switches and outlets
28. Wipe down baseboards
29. Clean and wax linoleum floors
While each of the Southern New Hampshire homes for sale is unique, with different selling points and selling problems, this list is a good start for any home.
If you’re ready to sell your home, I can help. Call me at 603-821-1134 or email me at Dave@DaveHeeter.com for more information.
Monday, November 8, 2010
Barriers to Buying Southern NH Real Estate
Buying a new home takes a lot of preparation. Without knowing what you are walking in to, you are bound to run into road blocks. A good Southern New Hampshire real estate agent can help you understand the intricacies involved in purchasing your new home. Some of the most common problems that buyers run into are avoidable.
Buying the Best is Nice… but
If you’re looking at the most expensive house in the neighborhood, in the city or in the state, you’re asking for problems. The risks involved for your lender make it more difficult to get a mortgage: It's harder for appraisers to justify the sales price for the most expensive home; if it's already been over-improved, there's no room to increase the value aside from just a general increase in market value over time; and therefore, if anything changes in your lifestyle within the first 5 to 7 years of ownership, it's likely to be hard to sell or refinance to avoid foreclosure.
If you must have the most expensive home, pay the most you can as a down payment. That will lower the risk and make it more likely your loan will be approved. If you can't afford a big down payment, you’re probably looking at a formidable roadblock to a loan.
Being Unprepared
Walking into a mortgage lender unprepared is like shooting yourself in the foot - it's going to take you a lot longer to get where you want to go! So have your financial information in hand. If there are any problems with your credit, be prepared to explain them. Have a good budget including the estimated new mortgage to show you can handle the loan. Don't make the kind of mistakes that got other buyers in trouble when the real estate 'bubble' deflated. Think like a Boy Scout and be prepared.
Not Taking All Costs into Consideration
A big mistake many prospective home buyers make is not realizing there are many costs associated with buying Southern NH real estate besides just a new mortgage. There are closing costs, legal costs, insurance costs, property taxes and deed and recording fees. All of these have an impact on your wallet and most need to be paid at closing, but there will also be some expenses during the purchasing process as well as move-in costs after closing.
Want to know more about how to prepare to purchase Southern New Hampshire real estate? I’d be happy to walk you through the entire process. Give me a call today at 603-821-1134 or email me at Dave@DaveHeeter.com.
Buying the Best is Nice… but
If you’re looking at the most expensive house in the neighborhood, in the city or in the state, you’re asking for problems. The risks involved for your lender make it more difficult to get a mortgage: It's harder for appraisers to justify the sales price for the most expensive home; if it's already been over-improved, there's no room to increase the value aside from just a general increase in market value over time; and therefore, if anything changes in your lifestyle within the first 5 to 7 years of ownership, it's likely to be hard to sell or refinance to avoid foreclosure.
If you must have the most expensive home, pay the most you can as a down payment. That will lower the risk and make it more likely your loan will be approved. If you can't afford a big down payment, you’re probably looking at a formidable roadblock to a loan.
Being Unprepared
Walking into a mortgage lender unprepared is like shooting yourself in the foot - it's going to take you a lot longer to get where you want to go! So have your financial information in hand. If there are any problems with your credit, be prepared to explain them. Have a good budget including the estimated new mortgage to show you can handle the loan. Don't make the kind of mistakes that got other buyers in trouble when the real estate 'bubble' deflated. Think like a Boy Scout and be prepared.
Not Taking All Costs into Consideration
A big mistake many prospective home buyers make is not realizing there are many costs associated with buying Southern NH real estate besides just a new mortgage. There are closing costs, legal costs, insurance costs, property taxes and deed and recording fees. All of these have an impact on your wallet and most need to be paid at closing, but there will also be some expenses during the purchasing process as well as move-in costs after closing.
Want to know more about how to prepare to purchase Southern New Hampshire real estate? I’d be happy to walk you through the entire process. Give me a call today at 603-821-1134 or email me at Dave@DaveHeeter.com.
Friday, November 5, 2010
Selling Your Home for Sale in Southern New Hampshire: 17 Outside Tasks
When you have a home for sale in Southern New Hampshire or elsewhere in the nation, you have to know the competition is fierce. Many home sellers think they have all their ducks in a row when a potential buyer comes to view the house, only to have a minor, forgotten issue blow the deal.
The Outside of Your Home
Your home’s exterior is the first thing potential buyers see up close. Online, you may have images of the front yard, back yard, kitchen and other rooms, but pictures can’t do justice to your home for sale in Southern New Hampshire.
To prepare your home for that first up-close viewing, here are 17 outside tasks:
1. Power wash your siding and windows
2. Fix broken siding
3. Give the exterior a fresh coat of paint if it needs it
4. Paint the door and trim
5. Mow the lawn
6. Trim bushes
7. Remove oil spots from the driveway (for those of you w/ concrete)
8. Pick up all tools, toys or trash in the yard
9. Remove lawn ornaments
10. Clear weeds from the walkway and driveway
11. Plant seasonal flowers
12. Rake leaves
13. Clean roof and gutters
14. Sweep the porch, walkway and driveway
15. Clean fences
16. Take photos of a garden if it comes up each spring, as well as the yard when it’s fresh and green
17. Add tasteful landscape lighting if possible
Of course, not knowing what your specific home looks like, I can’t give a complete list, but these 17 items should get you off to a good start. Don’t forget that a few fall decorations can be the added touch that gets your home for sale in Southern NH sold to a new owner!
If you’re trying to sell your home and need more pointers, I can help. Call me at 603-821-1134 or email me at Dave@DaveHeeter.com for more information.
The Outside of Your Home
Your home’s exterior is the first thing potential buyers see up close. Online, you may have images of the front yard, back yard, kitchen and other rooms, but pictures can’t do justice to your home for sale in Southern New Hampshire.
To prepare your home for that first up-close viewing, here are 17 outside tasks:
1. Power wash your siding and windows
2. Fix broken siding
3. Give the exterior a fresh coat of paint if it needs it
4. Paint the door and trim
5. Mow the lawn
6. Trim bushes
7. Remove oil spots from the driveway (for those of you w/ concrete)
8. Pick up all tools, toys or trash in the yard
9. Remove lawn ornaments
10. Clear weeds from the walkway and driveway
11. Plant seasonal flowers
12. Rake leaves
13. Clean roof and gutters
14. Sweep the porch, walkway and driveway
15. Clean fences
16. Take photos of a garden if it comes up each spring, as well as the yard when it’s fresh and green
17. Add tasteful landscape lighting if possible
Of course, not knowing what your specific home looks like, I can’t give a complete list, but these 17 items should get you off to a good start. Don’t forget that a few fall decorations can be the added touch that gets your home for sale in Southern NH sold to a new owner!
If you’re trying to sell your home and need more pointers, I can help. Call me at 603-821-1134 or email me at Dave@DaveHeeter.com for more information.
Thursday, November 4, 2010
Make Small Changes to Get Big Energy Savings at Your Southern New Hampshire Home
A survey conducted by “Money” magazine and Lowe’s found that out of 21 common projects, energy updates gave DIYers the most satisfaction, given the time and money. Get some satisfaction this week by implementing one or two of these easy energy savers at your Southern New Hampshire home:
1. Add dimmers: If every home in the U.S replaced two standard light switches with a dimmer, we could save $1.5 billion in electricity.
2. Recycle rechargeable batteries, plastic bags and compact fluorescent lights (CFLs): It’s as easy as taking them to your local Lowe’s Recycling Center. Simply drop the items in the bins near the store’s entrance.
3. Stop energy leaks: Seal all holes and cracks in your Southern NH home. Add weather stripping or caulk to leaky doors and windows. The Environmental Protection Agency (EPA) estimates these changes can save you up to 20% on heating and cooling costs.
4. Wrap up your water heater: Cover your water heater with an insulating jacket.
5. Install a programmable thermostat: By lowering the temperature in your Southern New Hampshire home slightly while you’re at work or on vacation, the thermostat saves you up to $180 a year.
6. Repair Leaky Toilets: According to the EPA, a leaky toilet can waste 200 gallons of water a day. Depending how much you’re charged for water, a leaky toilet could add as much as $400 a year to your water bill. Check for leaks by putting food coloring in the tank. If you have a leak, color will appear in the bowl within 15 minutes. Flush as soon as you're done with this test to avoid staining the bowl.
7. Use a power strip: Save electricity and more than $500 over five years by plugging devices with standby power, such as TVs and stereos, into a power strip. When not in use, you can turn them all off at once by turning off the power strip.
Saving energy not only helps the environment, it also lowers your expenses considerably.
Want to buy an energy-efficient Southern NH home? I can help. Call me today at 603-821-1134 or email me at Dave@DaveHeeter.com.
1. Add dimmers: If every home in the U.S replaced two standard light switches with a dimmer, we could save $1.5 billion in electricity.
2. Recycle rechargeable batteries, plastic bags and compact fluorescent lights (CFLs): It’s as easy as taking them to your local Lowe’s Recycling Center. Simply drop the items in the bins near the store’s entrance.
3. Stop energy leaks: Seal all holes and cracks in your Southern NH home. Add weather stripping or caulk to leaky doors and windows. The Environmental Protection Agency (EPA) estimates these changes can save you up to 20% on heating and cooling costs.
4. Wrap up your water heater: Cover your water heater with an insulating jacket.
5. Install a programmable thermostat: By lowering the temperature in your Southern New Hampshire home slightly while you’re at work or on vacation, the thermostat saves you up to $180 a year.
6. Repair Leaky Toilets: According to the EPA, a leaky toilet can waste 200 gallons of water a day. Depending how much you’re charged for water, a leaky toilet could add as much as $400 a year to your water bill. Check for leaks by putting food coloring in the tank. If you have a leak, color will appear in the bowl within 15 minutes. Flush as soon as you're done with this test to avoid staining the bowl.
7. Use a power strip: Save electricity and more than $500 over five years by plugging devices with standby power, such as TVs and stereos, into a power strip. When not in use, you can turn them all off at once by turning off the power strip.
Saving energy not only helps the environment, it also lowers your expenses considerably.
Want to buy an energy-efficient Southern NH home? I can help. Call me today at 603-821-1134 or email me at Dave@DaveHeeter.com.
Wednesday, November 3, 2010
Southern New Hampshire Home Buyer News – Foreclosures Halted Nationwide?
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Legality of Foreclosures Questioned |
In October, numerous mortgage services voluntarily suspended foreclosures nationwide, including Bank of America (which has already lifted the suspension in 23 states), J.P. Morgan Chase, Litton Loan Servicing and GMAC Mortgage/Ally Financial. The suspensions include pending foreclosures as well as foreclosure sales, as the mortgage lenders/servicers investigate flaws in their foreclosure processes. In short, there is concern that some amount of the foreclosure documents were improperly reviewed and improperly handled, which could potentially cause title issues for current owners. For those of you wanting to buy a foreclosed Southern NH home through one of these companies, it may be a long wait.
A task force including representatives (mostly attorneys general) from all 50 states is investigating the mortgage foreclosure practices of several major lenders and has been working to arrange meetings with the lenders. Thanks to nationwide, coordinated efforts of State Attorneys General, at least 17 of the states are probing all lenders’ foreclosure processes independently for accuracy with respect to state laws.
Depending on who you ask, this drama could take a very long time to unfold or it could be resolved quickly. In general, the lenders don’t expect to find many problems because most foreclosures are believed legitimate. However, because each state has it's own foreclosure laws, national lenders must follow many variations of the foreclosure process, which naturally makes it easier for them to make mistakes. Even if it only lasts for a few weeks, some buyers are left sitting with an offer on the table and no closing.
With the foreclosure processes being reviewed and many of the sales halted, buying a foreclosed Southern New Hampshire home may not be as ideal as you think – at least for a little while. Don’t give up hope on owning your own home, however. Instead, take a few minutes to look over the other homes for sale. Your dream home and great deal may not be a foreclosure after all!
If you’re looking for a beautiful home of your own, I can help. Call me at 603-821-1134 or email me at Dave@DaveHeeter.com for more information.
Monday, November 1, 2010
Choosing Plants for a Fast Sale of Your Southern New Hampshire Home
Buyers look at more than just kitchen appliances and room sizes when deciding what home to purchase. Curb appeal, or the view of your Southern New Hampshire home from the street, is extremely important.
If you want your home to sell quickly, you need to put in some extra effort to make your home’s exterior look especially attractive. You can easily do this by improving your landscaping. Here are some tips for choosing plants for your Southern NH home that will help you to sell faster.
● Stay close to home. Plants that are native to your area are always a safe choice for landscaping. They are adapted to your region, so you know they can survive there. They are also easier to take care of and better for the environment because they don’t require as much watering. This can be an important consideration if you are selling a vacant home.
● Older is better. You can buy plants at varying stages of growth. Newer, smaller plants cost less and are easier to transplant; mature plants tend to have more foliage. Think about how they will look immediately after planting. You want to sell your home quickly, so you don’t want to wait around for your plants to grow.
● Choose carefully. No matter what types of plants you choose, make sure you find plants with lots of color. You want your landscaping to look as attractive as possible. Choose plants that bloom often, form hedges, and are not high maintenance. The last thing you need right now is a plant that requires a lot of your attention.
Let me help you sell your home quickly. Call me today at 603-821-1134 or email me at Dave@DaveHeeter.com for more information.
If you want your home to sell quickly, you need to put in some extra effort to make your home’s exterior look especially attractive. You can easily do this by improving your landscaping. Here are some tips for choosing plants for your Southern NH home that will help you to sell faster.
● Stay close to home. Plants that are native to your area are always a safe choice for landscaping. They are adapted to your region, so you know they can survive there. They are also easier to take care of and better for the environment because they don’t require as much watering. This can be an important consideration if you are selling a vacant home.
● Older is better. You can buy plants at varying stages of growth. Newer, smaller plants cost less and are easier to transplant; mature plants tend to have more foliage. Think about how they will look immediately after planting. You want to sell your home quickly, so you don’t want to wait around for your plants to grow.
● Choose carefully. No matter what types of plants you choose, make sure you find plants with lots of color. You want your landscaping to look as attractive as possible. Choose plants that bloom often, form hedges, and are not high maintenance. The last thing you need right now is a plant that requires a lot of your attention.
Let me help you sell your home quickly. Call me today at 603-821-1134 or email me at Dave@DaveHeeter.com for more information.
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