A 4,400+ sqft home under $300k? Are foreclosures the best opportunity to get a deal? A lot of the NH bank owned properties are in sad shape, but recently there has been a new crop of 3,000-4,000+ sqft homes for sale in Southern New Hampshire that are in foreclosure. These homes are competing with the [...]
Pelham NH appears to have been spared of the latest wave of foreclosures that is affecting the higher end homes in the surrounding towns. While there is 57 beautiful bankowned homes in Southern NH, buyers who have been targeting Pelham will have to be satisfied with a real estate bargain in a neighboring town. And [...]
Two foreclosure properties and two homes in short sale situation were missed by home buyers rushing to lock in the tax credit in Pelham New Hampshire. These exceptional homes offer great value even in today’s market. These distressed sales are not the usual low end properties needing a lot of work and upgrades. If you [...]
21 single family homes for sale in Pelham New Hampshire had a price reduction in April, representing 24% of the 86 active MLS listings of residential properties in Pelham NH. The record holder is a $65,000 price drop from the original list price of $544,900 to $479,900. More typical price adjustments ranged from $5,000 to [...]
Breaking NEWS: “Freddie Mac has ordered all evictions involving foreclosed occupied single-family and two-four unit properties to be suspended from December 20, 2010 to January 3, 2011.” Currently, both Freddie Mac and Fannie Mae offer sweat incentives to buyers of bank owned homes. Fannie Mae contributes 3.5% towards closing cost. Freddie Mac of […]
Fannie Mae foreclosures offer up to 3.5% closing cost assistance to qualified buyers who purchase a Fannie Mae owned home by December 31st, 2010. Eligibility requirements: The offer must be accepted after September 23rd, 2010 The property sale has to close on or before December 31st, 2010 or within 60 days of the acceptance of [...]
Housing and Urban Development foreclosures are on the rise. 18 HUD homes are for sale in Southern NH. These lender owned properties are sold as is: “owner nor agent makes any warranties or representations”. Only HUD approved brokerages have the keys to them. Prudential Verani is one of the HUD licensed real estate companies in [...]
Some of the foreclosures around Salem New Hampshire offer 3% down financing from Fannie Mae. This means that the buyer not only gets a great deal on the house, but also can finance 97% of the real estate purchase at ridiculously low interest rates. A 3 bedroom $150,000 bank-owned house will have a $800 monthly [...]
Salem New Hampshire is rich in lakes and ponds, the total water surface area amounts to 1,029 acres. By far the largest lake is Canobie Lake with 373 acres, unfortunately swimming is prohibited since it is part of Salem’s water supply. Arlington Pond comes in second at 320 acres of water surface, and on this [...]
These homes in Salem and Pelham New Hampshire, located just over the Massachusetts state line, are on the market for below $85 / sqft. Gone are the heigh-days of $200 / sqft in this area of Southern NH. Now you can get an oversized ranch with 2,700 square feet or a large cape with a [...]
4 residential homes for sale in Salem New Hampshire are offered in a short sale, that is the list price is less than the outstanding loan amount on the mortgage. The sale at this depressed price level requires bank approval, which can be lengthy. There is currently no single family foreclosure property in the $188,000 [...]
The days of small sized foreclosure homes are over. 4,000+ sqft 4-5BR bank-owned properties are for sale in Southern NH for little money. How about a 5 bedroom 4,367 sqft mansion in Derry for $244,900? The best part is that it can be had with a 3% down-payment through a Fannie Mae HomePath mortgage. Prestigious [...]
18 luxury properties over the $500,000 price are awaiting their lucky buyers in the Nashua New Hampshire luxury real estate market. Just shy of the $3 million mark a five bedroom upscale home is for sale with exercise room, game room and other amenities. Another fine home property in the coveted Sky Meadow Country Club [...]
There are 6 foreclosure properties and 12 short sales among the homes for sale in Nashua New Hampshire. Some of these single family listings are newer homes and offer state of the art amenities, wood fireplace, central air. Others boast 5 bedrooms or a kitchen with granite counters or a 4 room in-law apartment. These [...]
All Nashua New Hampshire MLS listings can be downloaded to your mobile phone. MLS-cast to cell phones is available for all NNEREN real estate for sale in NH. Based on Prudential Verani’s vPhone technology, MLS-cast allows NH home buyers to search all Nashua NH homes for sale from their cell phone, while in the car [...]
Where did all the foreclosures go? Since the beginning of the year 12 bank owned and short sale investment properties have been sold or are under contract in Nashua New Hampshire, leaving only 1 three family property that is a possible short sale on the market. Do these investors have their timing right? Occupancy rates [...]
Only 6 homes for sale in Nashua NH are offered in a short sale when the outstanding loan amount is higher than the list price. One additional property is in foreclosure. In total, these homes represent less than 3% of the 239 residential real estate listings in Nashua New Hampshire above the $148,000 price point. [...]
17 homes for sale in Nashua New Hampshire have had their price reduced in the first two weeks of April 2009. Although this represents less than 7% of the 248 Nashua NH real estate listings, price reductions have resulted in 62 pending sales in the NNEREN MLS. Homes under contract are increasing in all of [...]
Freddie Mac foreclosures in New Hampshire are hard to find and are usually snapped up by NH home buyers looking for a deal. Freddie Mac homes for sale come with the HomeSteps Connection, which pays up to 3.0% of actual buyer’s closing costs and a 2 year HomeProtect limited home warranty. This promotion is good [...]
From the low end $54,000 HUD owned 3 bedroom ranch in Nashua to the high end $369,900 AS IS foreclosure in Bedford NH Greenfield Farms, home buyers have an embarrassing wealth of bank owned NH property choices in Southern New Hampshire. Finding a foreclosure used to be hard and created a buying frenzy. Now, the [...]
How would you like to own a 2,800+ sqft home for $155k? Or, 3 bedroom a saltbox colonial on a 1.4 acre treed lot? These Hudson NH foreclosures offer great value for the savvy buyer. Is it time to grab your chance and lock in one of these bank-owned properties? Some offer 3% down Fannie [...]
A good selection of detached condos, duplexes and town houses are available in Hudson New Hampshire. Condo prices have been hurt more than single family homes by the market decline. Condo market value has suffered mostly due to lack of financing sources, for example the condo development not being approved for FHA financing in Shepherds [...]
The 7 distressed homes for sale are only 6.4% of the 108 active real estate listings in Hudson New Hampshire. Two are bank owned foreclosure sales and five are short sales, meaning the list price is less than the loan balance on the mortgage. Most of the short sales are approved by the bank already, [...]
Effective September 13, 2010 Freddie Mac has introduced a new HomeSteps home buyer incentives program: it includes up to 4.0% contribution to the buyer’s actual closing costs and a 2 year HomeProtect Limited Home Warranty. This promotion applies to offers submitted between September 13 and November 14, 2010 with escrow closed before December 31st, 2010 […]
Housing and Urban Development homes are not foreclosures, but government owned properties. When an owner defaults on a HUD guaranteed loan and the bank forecloses, the government recovers the lender’s loss and becomes the owner of the property. There are 10 HUD homes in Southern NH that represent great value for a first time home [...]
25 colonials with 2,500+ sqft living space are competing in the Londonderry New Hampshire real estate market in the $350,000 to $400,000 price range. They are offering pool, granite counters and lots of maintenance-free features, like vinyl siding and windows and composite decking. Buyers with good credit can get 4.5% financing with 10% down-payment, resulti […]
If you lived closer to school in Londonderry New Hampshire, your kids would move out! This four bedroom executive home just barely over the Windham town line, is only 0.5 miles to the highly acclaimed South School. The way to school will be tempting, it leads past Kendall Pond where many residents spend a sunny [...]
Land prices have come down in Londonderry New Hampshire, along with the reductions in price of Southern NH real estate. You can find great deals in the $150,000 to $200,000 price range and build your new home on a cul-de-sac or on a scenic road in the historic section of town. New construction costs have [...]
For the distinguished buyer this brick-clad contemporary ranch situated on a private hilltop offers all the luxuries and conveniences of one-floor living, open floor plan and state of the art amenities. The gently sloping driveway adorned by lanterns on granite posts and tiered landscaping walls land the visitor in front of this impressive hip-roof ranch [.. […]
Vista Ridge, Londonderry New Hampshire: this nearly brand new condo development was completed in 2006-2007 on about 55 acres of common land just off Exit 5 on Interstate I-93. The Manchester-Boston Regional Airport is only 2.5 miles away, the exit to I-93 can be reached within minutes for a quick morning commute. The Vista Ridge [...]
Owners of three homes for sale in Londonderry New Hampshire offer seller participation in financing or purchase option also known as lease to buy. Although interest rates are low, tight credit requirements may lead to a revival of owner financed purchases. Buyers who know the time is right to buy a home but are not [...]
Four homes are for sale in the Tanager subdivision, one of the newest neighborhoods of Londonderry New Hampshire. It took nearly five years to build the 40 new construction homes on Tanager Way and on Whippoorwill Circle, a cul-de-sac of three homes. Tanager Landing opens off Wiley Hill Rd and is surrounded by open space [...]
Single family homes for sale in Londonderry New Hampshire dropped to 82 from 116 real estate listings a year ago. In March 2009 14 MLS listings were sold up from 10 in March 2008. Is the Londonderry real estate market turning? Home for sale inventory is down 29% while sold properties are up 27% year [...]
Most of these homes qualify for Fannie Mae HomePath mortgage with 3% down. They are huge 2,000 – 4,000+ sqft houses, some in top shape. How would you like to live in a house with granite counters, a kitchen with stainless steel appliances, tennis courts or maybe an in-door pool? The days of run-down cheap [...]
These Southern NH homes for sale are on the market for less than the value of the land they sit on. All have a lot size bigger than 0.5 acres. Some are in pre-foreclosure, others are bank foreclosures in Salem, Derry and surrounding NH towns. When was the last time when buyers were able to [...]
Some of these Derry NH foreclosures are Fannie Mae properties which offer 3% down financing. it means that now you can buy a 4,000 sqft house with a less than $7,500 down-payment. With current interest rates your monthly payment may be as low as $800/mo for the mortgage. For less than you could rent a [...]
Among the 9 lakes and ponds of Derry New Hampshire at 497 acres Big Island Pond is by far the largest. Beaver Lake weighs in second with 133 acres and Ballard Pond third with an 120 acre. At a total of 861 acres of lake and pond surface area Derry has become a major attraction [...]
15 single family homes for sale in Derry New Hampshire have had a price change in the past two weeks. One home’s price was reduced by a whopping $25,000 while others stayed within the usual 2-3% of the list price. The price of a new construction home was increased by $10,000 to reflect increasing construction [...]
Most NH foreclosures are being offered in “AS IS” condition, i.e. the bank is not willing to remedy any issues with the property. It is very important that the buyers do their due diligence and uncover any problems during the home inspection. If they are willing to assume the cost of the repairs they would [...]
Short sales can be aggravating and futile. When the price on a house for sale is less than the outstanding mortgage, the bank has to approve the purchase and sale agreement. Obtaining this lender approval can take forever and there is no guarantee that the foreclosure doesn’t take place first. It is a race between [...]
Foreclosure and bank owned properties can represent a significant opportunity to investors. This Fannie Mae owned Homepath property in Litchfield New Hampshire may qualify for a rehab loan only. This 4 bedroom property needs extensive work. Not ready to take on a project? Walk into a lender approved short sale, an updated nearly 3,000 sqft [...]
16 single family residences qualify for first time home buyer NHHFA loans in the $200,000 – 300,000 price range. The New Hampshire Housing and Finance Authority has set the current purchase price limit in Hillsborough County to $299,500 with the exception of Goffstown and Manchester NH, where it is higher. Income limits to qualify for [...]
These NH multi-family foreclosures represent great opportunites for the budding investor. When was the last time you could buy a two-family rental property in New Hampshire for less than $60,000? That is $30k/unit! It is hard not to make money when you buy that low. Caution: some work may be needed to restore these Manchester [...]
All offers are considered. Not a short sale just ready to move. Remodeled home. Just reduced. Motivated NH sellers are clamoring for the buyers’ attention with upgrades, paid closing costs and other incentives. Missed out on the tax credit? Sellers will credit buyers up to $8,000 in closing costs and prepaids. It’s good to be [...]
This is the time to start building your NH investment property empire! Some larger Southern New Hampshire foreclosure multi-family properties offer a $40-60k / unit price which easily makes them cash flow positive. Most of these bank owned properties require some work to make them income producing, but they may qualify for a rehab loan. [...]
Manchester NH multi-family homes with positive cash flow, at $40-50-60k / unit price. Great money-making multi family mixed use properties. Some of these investments are offered with 100% owner financing, others with an assumable mortgage. Excellent cash flow, turn-key investment properties with strong positive cash flow, true money makers with current COC i […]
Investment property foreclosures are dwindling, there is only 12 bank-owned multi-family homes on the market in Southern NH. They are offered at an attractive $40-50k / unit but may need some work due to freeze damage or theft. Manchester NH has most of the investment property foreclosures with Nashua a close second. Vacancies are still [...]
First time home buyers in New Hampshire have the best of both worlds: super low foreclosure home prices and unbelievably low mortgage interest rates. Now, they are able to buy a NH bank-owned property with a lower monthly payment than it would cost to rent a smaller apartment. These Fannie Mae owned homes offer 3% [...]
Seller financing is offered to attract buyers for Manchester New Hampshire properties for sale. In addition to Fannie Mae financed foreclosure homes with 3% down, there are individual sellers of investment properties who advertise 100% owner financing. Either way, good credit is required and interest rates may be higher than market rates. Click to see [...]
There is 11 foreclosure and short sale condos on the market in Manchester New Hampshire. Prices are starting at an unbelievable $63,000 for a 2 bedroom condo end unit where monthly condo fees include heat, hot water, road maintenance snow and trash removal. What else can you ask for? More bedrooms? A bigger 1,044 sqft [...]
Nearly one third or 26 out of 90 multi-family properties for sale in Manchester New Hampshire are bank owned or in short sale. Deals abound in the rental apartment market; the multifamily homes below represent a great rental property investor value even in today’s depressed Manchester NH real estate market. Most of the multi family [...]
Woodland Pond is a brand new subdivision. Woodland Pond at Manchester is a beautiful, environmentally-sensitive development of distinctive homes adjacent to a 600 acre conservation preserve and the Giant Rhododendron Forests of North Manchester. Listings MANCHESTER, NH (WOODLAND POND), sorted by descending price. MANCHESTER, NH Property ID: $450,000 New Con […]
34 short sale properties are on the market in Southern NH. Prices go all the way up to $500,000 once the domain of luxury homes. Bedford, Windham with the highest per capita income in the state are no longer exceptions, other affluent towns like Londonderry, Auburn and Pelham have quickly joined the ranks. If the [...]
Rent to buy these homes in Southern New Hampshire. Many have fallen on hard times, credit histories got damaged due to job losses and foreclosures. Now, the economy is on the mend, yet many buyers find themselves “unworthy” of a new loan to allow their families the home they need. It is a catch 22, [...]
Bedford is leading the pack in high-priced short sales in Southern NH. Five of the 10 most expensive short sale homes are located in Bedford NH. These are beautiful 4-5 bedroom homes that were purchased at the height of the NH real estate market boom. Now, these sellers are upside down, the list price is [...]
For buyers who are down-sizing these condo foreclosures can be an attractive investment. They seem to be concentrated on the West side of the Merrimack River and offer great commute on the Daniel Webster turnpike. Some of the NH bank-owned condos offer 3% down Fannie Mae financing. At these prices and low interest rates they [...]
There are 139 active listings in the Bedford New Hapshire MLS system. How do you find a good deal in any price range? Follow these 3 steps (click on any of the photos to see the relevant page): 1. Select your price range on the SEARCH form, use a wide range, for example $500k to [...]
36 of the 166 homes for sale in Bedford New Hampshire had a price change in April 2009, i.e. 1 in 5 real estate listings had a price reduction. The Bedford real estate market is certainly dynamic. The average price adjustment was $19,906 or 3.98% of the list price. As a result 3 listings are [...]
13 homes needing TLC are on the market in Southern NH. Prices range from $89,900 to $295,000 and the amount of work varies. Some of these properties qualify for FHA 203k rehab loan. These are great opportunities for the skilled home owner to gain some immediate sweat equity. Click for current list of Fixer Upper [...]
Want 3-4 bedrooms, a large yard but can’t afford a single family home? These large 3-4 bedroom NH condexes offer an alternative. Share the yard and maintenance to lessen the burden of home ownership. Most condexes are duplexes and have no condo fees. Have a dog that needs to roam? No size restrictions here, this [...]
Fannie Mae foreclosure property in Windham NH across Cobbetts Pond town beach. $5,000 closing cost credit. Low down payment with only 3% of the purchase price when the home qualifies for HomePath Mortage. Are you tempted? Do you want to take advantage of these offers? Well, it is time to Fannie Mae. Some of these [...]
With prices bottoming out and super low interest rates the temptation to pick up a fixer upper home in Southern New Hampshire is becoming irresistible. When was the last time one could buy a single family home for the price of the land? These are 1,300 – 1,600 sqft houses for $100,000 – $140,000, and [...]
There are 14 foreclosure homes for sale in Southern New Hampshire that offer Fannie Mae Home Path financing with as low as 3% down-payment. Although Auburn doesn’t have any at the moment, in the adjacent Derry NH bank owned properties provide a good selection for the first time home buyer. Some of the Southern NH [...]
First time home buyer savings in Auburn New Hampshire: Max purchase price: $299,500 (single family home in Rockingham County). Home buyer investment: $3,000 (1% of home purchase price) NHHFA cash assistance: $11,860 (4% of the loan amount) Federal tax credit: $8,000 (income limit $75,000 single, $150,000 joint tax return) Buyer in […]