Hooksett, NH Real Estate News

By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
Is there really a Buyer for all homes? What about those really "Hard" homes to sell? What factors would keep a home from Selling? Are any of them too big to over come? This question was asked to me by a MANCHESTER NH area home Seller who has not been able to sell his home. I sold his neighbors home and they told him to call me. Very bluntly he asked me "How I thought i would be able to sell his home when the biggest companies in the state could not do so?' My first task was go see it.   I looked up the old listing sheets and what screamed out at me, was it only had 1 picture in MLS. With little to virtually no description, i noticed there was no interior pictures and no room sizes.   The time came to meet the seller and go inside. The house was PACKED with stuff. Floor to ceiling. Each...
Comments 33
By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
Is it possible to buy a home for only $100. Yes that is the call I got. A gentleman who says he saw an ad where he could buy a home for only 100 bucks. To get to the bottom of this I asked him if he had a copy of the ad? The answer was no. I asked if he had a link to the ad so I can see it? He said no. When I asked how he thought he could buy a home for only $100, he said "the ad said for $100 down he could by a home, but did not recall where he saw it." He then in a loud and thunderous voice stated "that is why I chose you to call, you are supposed to have these answers as a Leading Realtor in the  Manchester NH area."       I was pondering the answer as I giggled he used my Active Rain infamous blog wording against me,   The best approach was start at the beginning and pre-qualify hi...
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By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
There was quite an irate caller who insisted on seeing a Manchester NH area home that I have listed For Sale. During 2 simple questions if they are working with another agent? NO and have they been pre-qualified? also NO, they were informed they could not see the home as one seller requirement is that all buyers are pre-qualified.     Queue the "beep" button as she was not ready to get ore-qualified. There was no need for her to be pre-qualified. She has seen other properties and no one asked if she was pre-qualified. She just wants to see the property.   When told that some sellers may not require it, that all sellers will want to see a pre qual letter to make an offer. That being ore qualified is the first ste in the buying process. That she can do it for free right now on line or on...
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By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
The Loan Officer tells the Buyer "there is enough blame to go around for everyone". Frankly, it offended the Buyer more than comforted them. See, right before a closing on a Manchester NH area Home, the appraisal was deemed "FAILED".   What failed is my question? The appraiser wrote "that the home needs a new electrical system as no basement lights worked." It sounded extreme and expensive. But wait, the appraisal was done 30 days ago. It is VA and there was a small list of repairs needed. There was painting a couple of exterior areas with peeling paint and installing a hand rail. There was no mention of electrical systems?     What happened since the appraisal? The home was occupied by the seller. The electric worked just fine they said. The seller moved out on the weekend and met me ...
Comments 22
By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
The biggest question when getting a new Bank Owned Listing is "What will you find?" The other question should be, "what you will not find". With this home, the kitchen is missing, yes, gone, as in... not there. This Manchester NH area homes kitchen has been taken, but do not worry, they left the dish washer.       Some may get upset, think the home is not sell-able without a kitchen. However cash investors are drooling. They know that the average investor will run from such a sight. The hard core buyers will run to it. They know the price will reflect the damage and they will get a great deal.   There are many Buyers out there that may want to know how they can get a great deal as well. It starts and ends with who you hire to assist you in your search for a new property.      IN THE EN...
Comments 22
By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
What would you say if you walked into a home you saw online, and it looked nothing like the pictures you saw. Welcome to Virtual staging, where furniture can be added to pictures, kitchens and baths updated, colors changed, new hardwood or flooring tile all shiny new and online. I walked into a Manchester NH area home that recently expired with their other agent. It looked nothing like the MLS pictures.    I wondered why such a great looking home had not sold. I went back and read the copy of mls i printed and brought, no where was there a disclaimer. As the home owner walked me around he told me about the angry comments buyers left after seeing his home. I handed him the mls sheet with pictures.   "So this is what virtual staging" means he said. He shook his head. He mumbled. Walking ...
Comments 30
By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
Beware of attack cats. Even Cinderella was scratching her head when a home owner called saying they would be interviewing for a new listing agent for their Manchester NH area home. The mistake started asking what happened to their old agent? It seems they listed their home, then never heard from that agent again they reported. No calls, no showings, no ads, no mls and no sale.   SO what gives???? "The agents cats allegedly tore up their files and they had no way to contact their clients." (Queue the cricket's)   Yes, you read that right as I sat their trying to picture such a thing. They said they read that sellers can be forgotten when hiring big companies but never expected this. I decided my best option was to not dwell back into cats, but to stress what i can offer. My exclusive ma...
Comments 31
By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
What is going on with Real Estate in the Manchester NH area? With 2016 in the books, lets look back at what happened to the market. In the fall leading up to the election we saw a sharp slow down as people held their breathe and waited to see what would happen. When the election ended, it was a collective sigh of relief. Home Owners who had stayed put, once again made the choice to move to bigger homes. This opened up many starter homes for the amount of first time buyers we saw.   HOOKSETT NH CONTINUES TO BE A VERY DESIRED AREA TO LIVE. We are seeing a steady pace of sales. Values are increasing slightly in the most desired areas. Many sellers listing their homes with us now are experiencing quick sales.   I would also like to look ahead for 2017. Interest rates came up slightly but h...
Comments 4
By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
What is going on with Real Estate in the Hooksett NH area? With 2016 in the books, lets look back at what happened to the market. In the fall leading up to the election we saw a sharp slow down as people held their breathe and waited to see what would happen. When the election ended, it was a collective sigh of relief. Home Owners who had stayed put, once again made the choice to move to bigger homes. This opened up many starter homes for the amount of first time buyers we saw.   A condominium is a style of life, not just a type of building. There are different types of condos in our area. Most common is a Townhouse style with an up and down, there is Garden style with a common entrance, there is single floor, there is over 55 and there are detached condos. Please feel free to contact ...
Comments 5
By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
What makes an offer REAL? Take a new Manchester NH area home listing. There was several showings the first few days. Offers started coming in. Speaking to the seller, we let everyone know we would review offers at noon the following day. Several offers came in. However there was one agent who called, asked if they could still submit an offer. They were told yes as it was the night before. The next morning they texted an offer my buyer would like to offer xxx amount and close 60 less days.    I replied to their text with my email address to email the offer or address they could drop off.    Noon time came and nothing. I met with the sellers for lunch. We reviewed all the offers. Discussed, price, closing dates and contingencies. We chose the best offer and the seller signed it.   A day ...
Comments 35
By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
The stars, full moon and Friday the 13th aligned to cause mayhem in this part of the Real Estate world. What could go wrong did. Yesterday I wrote about "Hurry up and Wait", today I write about "how happy i am that Friday the 13th is over."   The day started waiting for a "clear to close" on a commercial deal, when it comes to light the buyers bank hired a rival company to complete a BPO instead of a "real" appraisal. Needless to say the bpo agent used comps no where similar to the subject and the value came in way lower than the sales price. An appeal to the bank when unheeded. I will have more to write about this next week. The buyer did not want to pay $1500 for a real appraisal and bank refused to look at anything their than the mill building, garage and downtown building, used as ...
Comments 27
By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
 What is the Secret to Hiring a BUYER AGENT? What does it cost to hire one? How do  i start the process? Can they help me find my Dream home? The answer is not a secret. There is many Buyers who do not understand the Home buying process. There are many parts if the process that have to take place. There is the mortgage process, getting ore-approved, finding homes to see, making an offer,  the inspection process and getting the sale to close. Some Home Buyers are not sure they need their own agent while others hire the First agent they speak with. EVERY Buyer should know the Listing Agent works for the Seller and therefore looks out for the seller. Buyers should therefore have their own agent who can look out for them. Here in NH it is custom for a Buyer to not pay any fees direct to the...
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By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
When a Home Owner has to SELL FAST, what is their BEST option? They invited me over to talk about selling their Manchester NH area home. They were really puzzled. Their home was listed with a big company. They said they had it under contract but it never closed. When they told the old listing agent they needed to sell quickly, the agent told the seller to call the number on the sign on the telephone pole down the street. You know, the one that says "We buy houses fast."   Now I was puzzled. The seller said a couple of men came over, they offered them just over half priced and said they can close cash in a few days. The listing agent came over with a contract and they signed. They started packing and moving things getting ready to sell. The buy fast guys kept coming back with other buye...
Comments 13
By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
How bad do you need homes to sell? The phone rings and a home seller tells you to come now if you want to sell her home. You get there and what a mess. The home seller looks me and says "no one will list my home as they say it is too messy".   I list and sell Bank Owned homes, messy does not scare me. She is in the process of moving out of this Manchester NH area home. Looking back it was listed for a year and went unsold. The exterior was over grown, but not filled with debris. Thehome was filled with "stuff". She is no longer staying here. She is older, frail but in good spirits.    It was a large home. She lived there for 50 years and had 50 years worth of belongings.  She moved in with her daughter who built an inlaw apartment for her. She seemed half moved out.   In walked her dau...
Comments 14
By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
The questions was what are the biggest hurdles you face in Real Estate today? The answer that rushes to the fore front is "the ability of loan officer, processors, underwriters and or appraisers to get their side of the job done on time and correctly." With a closing approaching on a Manchester NH area home, the clear to close is not ready. When asking the loan officer if they will have it on time, her reply is "We can just get an extension."  How easy then is it to get an extension? Not as easy as the loan offer perceives where it affects not just the buyer, but the seller. Then there is the house the seller is buying and that seller. As you can see, it would have been easier to for the loan officer and under writer to just complete their tasks on time. Bt the straw that broke the came...
Comments 15
By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
A home seller was told they should wait until they find a buyer for their current home to start looking for a new home. There is a balancing act in Real Estate that can determine how well your home sale and purchase goes. The question of the day was how soon a home owner needs to start searching for their new home when they are ready to sell their Manchester NH area Home.   We discussed the home sale process and how long it may take. It wasn't until we started discussing where they would be moving to, that they received some bad advice. With market conditions that have a shortage of good homes for sale in some areas and a very specific school district and list of wants and needs, they decided to start right away on the new home search.  This seller wanted to wait until after Christmas t...
Comments 15
By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
Market Update Nov. 26, 2016  Who should I call to Buy or Sell a Condominium at GRANITE HILL CONDOMINIUMS in Hooksett NH 03106?  Contact SCOTT GODZYK, The Owner/Broker of the Godzyk Real Estate Services. We List and Sell homes in Granite Hills To CONTACT Scott Godzyk please call 603.661.2121 or EMAIL: Sctprop@aol.com .  If you are looking for a condominium, let me introduce to you GRANITE HILLS CONDOMINIUMS located in HOOKSETT NH is a desired community of Townhouse style Condominiums. Located in a rural setting, it is convenient to to I-93, Schools, Shopping, Restaurants while being located in a neighborhood set back from the road .Look out over the well landscaped area with wooded areas and enjoy everything this area has to offer.   The Godzyk Real Estate Services is proud to be a Leadi...
Comments 2
By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
Show your home or watch football? That was the question a home seller asked themselves. It started with the listing in MLS telling me to contact the seller direct to set up a showing. A buyer relocating to the Manchester NH area, is here today, 1 day only to find their dream home. The seller said he did not care, Michigan is playing Ohio State and they can come back Sunday. I told the buyer and they shrugged their shoulders. We went out and saw another homes for sale in the neighborhood that they loved. They wished they could see the other home, but had to make a choice. With a little research i showed them area values which they based an offer on. Then poof, accepted. Shortly after a very angry woman calls me. Asked me why we were not coming over. I told her that her husband said no. S...
Comments 28
By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
A strange question from a caller and I needed to get to the bottom of it. The lady owns a Manchester NH condo, she wanted to know if any agent would be able to list and sell one. First the WHY she was asking, as she said "she is ready to sell and her neighbor chose an agent online and still has not been able to sell the unit".  The general premise may be anyone who passes the state exam and becomes an agent should be able to list and sell any type of real estate. The however, is that is just not so. Listing a home is a specialty. Selling a home is a specialty. When the property is a condominium, that add some intrigue. Anyone can list a property, it does not mean it will sell.  In brief the agents you choose should be well experienced in listing, marketing and selling property. They sho...
Comments 6
By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
Why are Buyers given a pre-approval if they were not actually approved for a loan asked a Manchester NH area home seller? The CONFUSION starts that they actually got a "PRE-QUALIFICATION" Letter and not a pre-approval. Many buyers and sellers are confused by the two terms. This sellers sale fell through because the Buyer could not get a mortgage and had a generic pre-qual letter from an Internet mortgage company that wasn't worth the paper it was printed on.   A pre-Qualification usually only looks at the buyers credit score and uses what the buyer states their income and debts are. It is contingent upon a formal application and verifications. A GOOD listing agent not just requires a pre-qual letter, but will check to make sure it is real and to what depth they verified the buyer can ge...
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Hooksett, NH Real Estate Professionals