Bedford, NH Real Estate News

By Bill Burke, Associate Broker/REALTOR® Licensed in NH & MA
(BurkeLord Real Estate Powered By Keller Williams Metropolitan)
For those who are purchasing real estate and are ready to make an offer...   Now that you have found the home you would like to buy, it is time to write an offer. Writing an offer is not as easy as it may sound. The offer you make is the first step toward negotiating the sales contract with the seller. Since this is just the start of negotiations, put yourself in the seller's shoes and imagine their reaction to everything you put in the offer. Your ultimate goal is to get what you want, so by keeping in consideration how the seller feels, you should obtain this goal. The reason being is that if you keep them in mind they will be better willing to work with you.  An offer is more complicated than just coming up with a price and saying, "This is what I will pay." With the large dollar amo...
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By Bill Burke, Associate Broker/REALTOR® Licensed in NH & MA
(BurkeLord Real Estate Powered By Keller Williams Metropolitan)
When you are new to the real estate world, the process can be very overwhelming. Between the meetings, showings, applications, loans and terminology, it can be very easy to get lost in the process! The terminology itself can overwhelm even the most savvy of people. Surely you have heard people use the names "Realtor" and "real estate agent" interchangeably. But did you know that not all agents are Realtors®? Let me explain what a Realtor® can do for you. Both "agents" and "realtors" are licensed professionals. The term "Realtor" is a registered trademark that means the agent is a member of the National Association of Realtors (NAR). This NAR was formed in 1908 and has grown to over 1 million members. Every year Realtors pay membership dues, which are spent well. They go towards advocati...
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By Bill Burke, Associate Broker/REALTOR® Licensed in NH & MA
(BurkeLord Real Estate Powered By Keller Williams Metropolitan)
Interesting Article That I Came Across on Trulia After its historic decline brought the global economy to its knees, the U.S. housing market is gearing up for a long-awaited recovery. Real-estate experts expect home prices to hit bottom in late 2010 or early 2011 before - finally! - heading north again. But what shape will the rebound take? Are we in for another boom? Or will we have to settle for sluggish growth? Here's the outlook for home-price appreciation through 2020. The trajectory of real-estate values will vary a great deal from one market to the next. But home prices at the national level should appreciate at "pre-bubble" rates once the market re-establishes its equilibrium, says Kenneth Rosen, chairman of the Fisher Center for Real Estate and Urban Economics at the University...
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By Fred Doleac, Real Estate in a Virtual World
(Fred Doleac - Bean Group)
How to Buy an Bedford, New Hampshire Short Sale As a home buyer looking for value in the purchase of real estate you may consider a "short sale" as a viable option.  The process of finding and buying a Bedford NH short sale  is not a typical real estate transaction.  To have success, you must work with qualified professionals and understand the process. Utilize the services of Realtors, attorneys, accountants, mortgage lenders and home inspectors as they all provide expert advice.  What is a Short Sale? Homeowners that have financial hardships may pursue a short sale prior to foreclosure.  This process may be a preferable option to preserve their credit and limit their debt exposure.  In New Hampshire, the laws governing foreclosures provide incentives for lenders to work with homeowner...
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By Bill Burke, Associate Broker/REALTOR® Licensed in NH & MA
(BurkeLord Real Estate Powered By Keller Williams Metropolitan)
Summer is almost here, and it's time to get your house in order for the hotter months. Here are tips to put your furnace to bed, store your space heaters, prep your cooling system, repair window screens and more.   When the weather turns warm, follow the impulse to fling open the windows and let in the fresh air and light: The sun's ultraviolet rays are lethal to many harmful bacteria. May's the time to ready your home for summer. Baby your cooling system Before firing up your air conditioner change or clean the filter. You'll want to change it every couple of months while the system is in use. The owner's manual will explain how to change filters and clean coils and fins in the exterior evaporator unit. With the air conditioning turned off, check the evaporator unit for dirt, brushing ...
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By Jim Miller, Realtor, Southern NH Real Estate
(Bean Group)
Bedford NH Adult Community Homes and Condominiums The southern New Hampshire town of Bedford has several options for adult living communities. These communities include Riverwalk of Bedford and The Mews at Bedford. Click on the placemarks in the map below for more information on each community. View Bedford NH Adult Community Homes, in a larger map Jim Miller is a Bedford NH Realtor with Coldwell Banker and provides buyer and sellers with professional real estate services. Jim is a licensed real estate agent in New Hampshire and Massachusetts. Realtor Bedford NH 03110 Bedford NH Real Estate Market Report. Active adult communities in Bedford New Hampshire are also known as age targeted, active living, active adult 55 plus, active lifestyle communities, 55 plus community, active adult liv...
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By Bill Burke, Associate Broker/REALTOR® Licensed in NH & MA
(BurkeLord Real Estate Powered By Keller Williams Metropolitan)
10 Stephanie Drive Bedford, NH 03110 • Brand New Kitchen • Tons of Natural Lightq • Tons of Decking • Landscaped Lot • Private Pond • Newer Roof • Newer Windows • New Siding • Beautiful Hardwood Floors • New Carpets 364900 Newly Updated Open Kitchen with Granite and Large Island. Tons of Natural Light and Decking. Great For Entertaining!! Large Level Landscaped Lot With Private Pond. Newer Roof, Windows & Siding. • 3 Bedrooms • 2 Bathrooms • 2100 Sq. Ft. • 1.53 Sq. Ft. Lot Visit this property site for more information http://properties.myredtools.com?siteid=3849 Bill Burke Keller Williams Realty Metropolitan OFFICE: 603-232-8282 CELL: 603-548-5315 FAX: (603) 628-2246 billburke@kw.com
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By Bill Burke, Associate Broker/REALTOR® Licensed in NH & MA
(BurkeLord Real Estate Powered By Keller Williams Metropolitan)
Just Listed!!! Bedford, NH Home   http://www.nnerenmls.com/nne/maildoc/sd_AAAa0040v20100504231420.html
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By Bill Burke, Associate Broker/REALTOR® Licensed in NH & MA
(BurkeLord Real Estate Powered By Keller Williams Metropolitan)
When buying a home ... 1. Lay the groundwork. Your first step is figuring out how much house you can afford and how much you can borrow. If you're moving to a new community, be sure to find out what home prices are there. Housing prices can change dramatically from state to state and even city to city. You might also want to talk to friends or colleagues in the area about neighborhoods and other considerations only a local might know. 2. Take your time. Don't think that you are ahead of the game by looking on the Web for homes.  House that you find online that you really like can be snatched up before you have a chance to go to check them out. In retrospect, remember that homes constantly come on (and off) the market. You might not find your dream home, but you don't have to settle for ...
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By Bill Burke, Associate Broker/REALTOR® Licensed in NH & MA
(BurkeLord Real Estate Powered By Keller Williams Metropolitan)
No matter how you look at it, the business of buying and selling properties at or near foreclosure is not a happy one. However, it can be a mutually beneficial transaction for a willing investor and a distressed home owner. Foreclosure is the flip side of the American dream of homeownership. It's a home owner's worst nightmare, and can result in a lasting and devastating blow to personal finances. Foreclosure can wipe out the equity in a home. It can destroy personal credit for years and could mean uprooting a family from their neighborhood, friends, family and schools.   The Upside to Foreclosures However, for a shrewd, and hopefully benevolent investor, purchasing foreclosed properties can be a terrific real estate deal. The hope is that both parties to the transaction win by profitin...
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By Bill Burke, Associate Broker/REALTOR® Licensed in NH & MA
(BurkeLord Real Estate Powered By Keller Williams Metropolitan)
  Great info off of Trulia Homeowners struggling to sell their homes in a short sale are getting some relief, thanks to the federal government's Home Affordable Foreclosure Alternatives (HAFA) program. Up to now, many short sales - in which the lender accepts a sale of the property for less than the full amount owed -- have taken months to complete. Sometimes, the complex and lengthy process has failed, resulting in foreclosure. HAFA establishes streamlined short-sale rules and provides incentives for borrowers and lenders to work together to avoid foreclosure. The rules - in effect between April 5, 2010, and Dec. 31, 2012 - also are intended to speed up the short-sale process. "The streamlined short-sales process will definitely help homeowners," says David Liniger, Re/Max Internationa...
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By Fred Doleac, Real Estate in a Virtual World
(Fred Doleac - Bean Group)
Bedford, NH Homes Sold Report for the First Quarter of 2010 The Bedford, NH homes sold activity indicates average selling prices improved over 2009 values from $416,896 to $430,460. Peak values were obtained in 2008 at $496,687. The number of homes sold declined from 38 to 30 and the average days on market climbed to 126 days. Additional resources for market information: Bedford NH Real Estate - virtual community site with virtual tours, demographic and school info. Bedford NH Homes for Sale - map search of all MLS listings. Bedford NH Foreclosures - obtain a list of foreclosed and bank owned homes for sale. Information for the Bedford NH homes sold report was compiled by Virtual Homes Real Estate and was obtained from the NH MLS system (NNEREN) and is not guaranteed to be accurate.  Ca...
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By Jim Miller, Realtor, Southern NH Real Estate
(Bean Group)
Bedford New Hampshire Real Estate Market Report 1st Quarter 2010 Single Family Homes   In the 1st quarter of 2010 there were 30 homes that closed in Bedford New Hampshire. This is a decrease of 8 homes, as there were 38 homes that closed in the 1st quarter of 2009. The Average list price for the homes that closed in Bedford for the 1st quarter of 2010 was $397,450. The Average list price for the homes that closed in Bedford for the 1st quarter of 2009 was $348,450. The Average sale price for the homes that closed in Bedford for the 1st quarter of 2010 was $397,450. The Average sale price for the homes that closed in Bedford for the 1st quarter of 2009 was $341,250. The Average Market time for the homes that closed in Bedford in the 1st quarter of 2010 was 84 days. The Average Market tim...
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By Jim Miller, Realtor, Southern NH Real Estate
(Bean Group)
Bedford New Hampshire Real Estate Market Report 1st Quarter 2010 Condominiums and Townhomes In the 1st quarter of 2010 there were 8 condominiums and townhomes that closed in Bedford New Hampshire. This is an increase of 4 condos, as there were 4 condos that closed in the 1st quarter of 2009. The Average list price for the condominiums and townhomes that closed in Bedford for the 1st quarter of 2010 was $227,900. The Average list price for the condominiums and townhomes that closed in Bedford for the 1st quarter of 2009 was $227,000. The Average sale price for the condominiums and townhomes that closed in Bedford for the 1st quarter of 2010 was $221,975. The Average sale price for the condominiums and townhomes that closed in Bedford for the 1st quarter of 2009 was $209,500. The Average ...
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By Bill Burke, Associate Broker/REALTOR® Licensed in NH & MA
(BurkeLord Real Estate Powered By Keller Williams Metropolitan)
Finding the right neighborhood is very important it is just as important as finding the right house and hopefully you find the right house in the right neighborhood. As you search for a home, you may come across your perfect house, but it is in a neighborhood that you do not like. With this said, you should keep a few things in mind when trying to find the complete package. Ask yourself the question of what is it that you are looking for in a neighborhood. If you have  kids, you might want a kid friendly neighborhood that is safe. Maybe a neighborhood that is near parks, schools, and other necessary establishments. Once you have found a neighborhood that you really like, you then want to research it. Maybe go and ask neighbors that are living there already what their thoughts are and ho...
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By Bill Burke, Associate Broker/REALTOR® Licensed in NH & MA
(BurkeLord Real Estate Powered By Keller Williams Metropolitan)
Statistics show that every five to seven years is the average time frame that home owners sell and move. There are some homeowners who stay in their homes for 20-30 years and these people don't understand why other home owners move so frequently. So when those home owners ask me why some people sell and move so frequently, I usually respond with some of the following: Reasons Why  Homeowner's Sell: 1) House size.  - We see more and more young couples buying "starter homes", but when the time comes to think about having a family, they need to upgrade to a larger home to suit their needs. 2) Simply Want To Upgrade.  There are a lot of people that  want a larger home and so they upgrade 3) Needs Change. Some home owners think that when they buy a house, they know their needs, however after...
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By Bill Burke, Associate Broker/REALTOR® Licensed in NH & MA
(BurkeLord Real Estate Powered By Keller Williams Metropolitan)
Six Selling Myths Uncovered   Myth #1:  You should always price your home high and negotiate down. Truth:  Pricing too high can be as bad as pricing too low.   If you list too high, you'll miss out on buyers looking in the price range where your home should be.  Offers may not even come in, because buyers who are interested in your home are scared off by the price and won't even take the time to look at it.  By the time you correct the price and list your home at its fair market value, you will have lost that window of opportunity when your home draws the most attention from the public and real estate agents; i.e. the first 30 days that it is on the market.  A well-trained real estate agent who looks out for your best interests will consult with you on your home's fair market value and ...
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By Bill Burke, Associate Broker/REALTOR® Licensed in NH & MA
(BurkeLord Real Estate Powered By Keller Williams Metropolitan)
The Need For Smart Phones It amazes me in today's world and market, how many Realtors do not use some type of Smart Phone, be it a Blackberry, iphone, or what have you. The technology is there to help make things a lot easier for us and it is frustrating when I have to do a deal with an agent who is still working real estate as if it was 1985. One of my most recent deals that I did with an agent from another real estate firm was one of the easiest, smoothest and most convenient due to both of us having Blackberries. I would have to say that 95% of that deal was done right from my Blackberry. Obviously, I could call the other agent, but I was able to email, fax and have scanned documents sent right from my phone. In addition, most of our communication was via text messaging. It made thin...
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By Bill Burke, Associate Broker/REALTOR® Licensed in NH & MA
(BurkeLord Real Estate Powered By Keller Williams Metropolitan)
How are Realtors Really Paid?  It is a common misconception that real estate agents are making a lot of money and sometimes not doing very much to earn it.  The majority of full service agents are working hard to earn the fees they receive.  Some people feel that if their home sells quickly, then the agent didn't have to do much work to earn their fee.  In reality, isn't a quick sale the desired result of most real estate transactions?  If the property sells quickly, then most likely the agent did his/her homework.   Preparation includes coming up with the best list price to attract buyers while maintaining a good return for the seller, proper marketing, presenting the home to give the best impression possible, and preparing the seller for all aspects of the home sale transaction.  Typi...
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By Bill Burke, Associate Broker/REALTOR® Licensed in NH & MA
(BurkeLord Real Estate Powered By Keller Williams Metropolitan)
Increasing your home's appeal Remember the 60-second rule: That's all the time you have to create a winning first impression. Here are some simple to significant ways to maximize your home's appeal. Exterior* Keep the grass cut and remove all yard clutter.* Weed and apply fresh mulch to flower beds.* Apply fresh paint to wooden fences.* Tighten and clean all door handles.* Clean windows inside and out.* Powerwash home's exterior.* Ensure all gutters and downspouts are firmly attached and functioning.* Paint the front door.* Buy a new welcome mat.* Place potted flowers near the front door.Interior* Evaluate the furniture in each room and remove anything that interrupts "the flow" or makes the room appear smaller. Consider renting a storage unit to move items off-site.* Clean and organize...
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