A home purchase is typically the largest investment someone will make. If you’re planning to buy a home, an appraisal is an important step in the process, if you are using financing. An appraisal is a professional evaluation of the market value of the home you’d like to purchase. An appraisal is typically ordered by the lender to confirm or verify the value of the home prior to lending you the money to purchase it. When you apply for a mortgage, an unbiased appraisal is the best way to confirm the value of the home based on the sales price. This will help make sure that the bank isn’t lending you more than the home is worth. Appraisals are especially critical in today’s seller’s market where the inventory is so low, it is driving home prices up, resulting in bidding wars. With a market like this, it gives a seller the impression that they can price their house at whatever they want because they are under the assumption that competing buyers will be willing to pay more; but keep in mind, the home still has to appraise and lender will only allow the buyer to borrow based on the value of the home.

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Check out our business directory for great service providers! If you need a lender we can help you get connected with one. It's important to get your ducks in a row before searching for the right home for you. It allows you to see what you can afford so that you can search for homes that fit your budget! It is also very benefical to get Pre-Approved. Due to COVID-19, most seller's don't even want to show a home to a buyer that isn't Pre-Approved or has proof of funds. Need further assistance? Reach out to our office today and we would love to help. 

New Hampshire is the home to some of the best lakes in New England. In fact, we have 1,300 lakes and ponds throughout the state.

The Lakes Region of New Hampshire has attracted families from all over to it postcard-worthy shores and quaint towns for decades.

Lake Winnipesaukee, is a year-round vacation destination that offers beaches, swimming, and every water sport imaginable including ice fishing and the New England Pond Hockey Classic in the winter.

Bottom line, there simply are not enough homes available to meet today’s buyer demand. Homes are selling just as quickly as they’re coming to the market. The housing inventory is at a record low. A “normal” housing market, typically has a 6-month supply of unsold inventory to balance out.

With so few homes available, we are truly in a sellers’ market. If you are a homeowner and you are ready to make a move right now, you have the opportunity to negotiate the best possible contract with buyers because the market is so competitive. On average, homes are going under agreement in less than a month and home prices are rising. In some cases, buyers are waiving contingencies, such as, inspections, appraisals and paying cash to give them more of a competitive advantage.

In a year when we’ve learned how to do so much remotely, homebuying is no exception. Digital practices have simply changed the way that we live and operate in today’s world.

This year, rather than delaying their home purchases, buyers- alongside their trusted Real Estate Advisors have turned to the Internet to do more than just your “typical” home search. In some cases, a lot of homes were purchased sight-unseen, meaning the houses were purchased without the buyer even stepping foot inside. According to the National Association of Realtors, throughout the COVID-19 Pandemic, 1 in every 20 homebuyers purchased a house sight-unseen.