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 NH bank-owned rental properties to full operating condition.
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 a buyer now. In addition to low prices and super low interest rates, New Hampshire home buyers are cashing in.
Remember when home sellers had the upper hand? How long did that last? How much longer will buyers dictate the terms of a home purchase. When the party gets out of hand it usually ends quickly.
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. Financing for owner occupied investments properties upto four units may qualify for FHA financing with 3.5% down payment and low interest rates.
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 in Manchester New Hampshire.
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 high, but a true contrarian starts building his real estate investment portfolio when most shy away from it.
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% down-payment option allowing first time home buyers to finance 97% of the purchase price.
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.
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 […]
Passive solar heat captures the sun’s free energy in this updated, freshly painted 2055 sqft ranch with a large family room addition completed in 1982. The cathedral ceiling in the 25×21 family room brings a sense of space and light into this home. The tile floor in the sun room section leads to the carpeted […]
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 […]
View the model of this new construction ranch in Londonderry . 4 Deer Crossing Circle in Londonderry NH. OPEN HOUSE: 5/3 SUNDAY 1-3PM PS: Remember to bring your dreams, building lots are available in other towns as well… Filed under: Open … Continue reading →
Beautiful 2nd floor apartment in the most private corner of Vista Ridge condos in Londonderry NH facing the woods, with sunny Westerly orientation. Well maintained interior offers open floor plan, master bedroom with walk-in closet and bath. Kitchen has peninsula, pantry, washer/dryer. Second … Continue reading →
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 … Continue reading →
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 … Continue reading →
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 … Continue reading →
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 … Continue reading →
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 … Continue reading →
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 … Continue reading →
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 … Continue reading →
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 … Continue reading →
Find out what potential first time buyers should know before making the move to buy a home. Buying a home for the first time is so exciting. It’s not just an important investment, it becomes the center piece of your family life. It’s where you’ll raise your kids and celebrate moments both big and small. […]
3 Thingѕ tо Think About Bеfоrе Gоing FSBO Quick: Off thе tор оf your head, what can a rеаl estate аgеnt dо to ѕеll a hоuѕе that уоu can’t do? “Frаnklу, I dоn’t think a Realtor® dоеѕ muсh thаt I can’t do mуѕеlf,” a Nеw Jersey hоmеоwnеr tоld CBS Nеwѕ. Aftеr all, real еѕtаtе agents […]
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 […]
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 […]
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 […]
Like NEW beautiful dormered cape on a private lot surrounded by nature. See more photos of this home for sale at 8 Town Farm Rd Salem NH Open floor plan, lots of light, gleaming hardwood floors throughout. Family room with gas fireplace, adjacent oak kitchen, formal dining room and a huge living room provide ample … Continue reading 8 Town Farm Rd Salem NH […]
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 offers 4% and […]
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 … Continue reading Fannie Mae H […]
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 … Continue reading HUD foreclos […]
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 … Continue reading 3% Down Fannie Mae Foreclosur […]
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 … Continue reading Lakefront Homes in Salem NH […]
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 … Continue reading Salem NH homes for less than $85 / sqft
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 … Continue reading Short sales Salem NH […]
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, […]
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 […]
View the model of this new construction ranch in Windham. 4 Deer Crossing Circle in Londonderry NH. OPEN HOUSE: 5/3 SUNDAY 1-3PM What 3 Little Girls Like the Most about their New House. When they visit with grandpa and the … Continue reading →
New construction ranch for sale in Windham NH with flexible floor plan: 1,860 2,800 3,300 sqft models can be customized to your requirements. 2-3 bedrooms on first floor, guest bedroom suite, two master suites, in-law suite with kitchen are all … Continue reading →
This Bear Hill new construction on the cul-de-sac offers great views and the impressive qualities of a Delbar Builders custom home. Stone walls and field stone accent the East facing main entrance overlooking conservation land. Inside, a two story foyer … Continue reading →
The relationship between the price what buyers are willing to pay the sold price vs. the price what sellers are asking for the list price, reveals the strength or weakness of the real estate market. By comparing these two price … Continue reading →
New neighborhood on London Bridge Rd next to the Windham High School. Great selection of to be built custom Frank Betz homes are for sale. View Photos 35 London Bridge Road Windham, NH 03087 $739,900 4 bds 4 ba 3285 … Continue reading →
Imagine falling in love: this open concept ranch with a first floor master bedroom suite and the charm of a stylish gambrel with three large bedrooms upstairs will accommodate a wide variety of needs. With its beautifully landscaped 2+ acres … Continue reading →
Bambi lives here! She just showed up in the middle of the photo shoot. There she was, peacefully grazing in the front yard, undisturbed by the whirling noise of the camera. As I aimed it at her she got … Continue reading →
MLS listing data is updated every 15 minutes, what you see is the latest and most accurate info available. I93-RealEstate mobile app works on all phones, iPhone, iPad, Android phones and tablets. It offers multiple options for searching, sorting and viewing … Continue reading →
Real Estate Auction: 3BR 2BA 2,553 sqft colonial built in 2000 on over 7 acres near Cobbetts Pond overlooking Windham town beach. Opening Bid $50,000. Click for details. This property is in foreclosure already, this is a lender liquidation sale … Continue reading →
NEW price $339,900 is good for 2 weeks. Rent to own will be considered. Walk to Cobbetts Pond from this home with 2 extra lots in a Cul-de-sac neighborhood. The house was completely remodeled and rebuilt in 1993. Oak kitchen … Continue reading →