You can't beat being so close to the ocean, mountains and lakes during the Summer months here on the Seacoast! From the arts offered at Prescott Park and Ogunquit Playhouse, to individual town parades, festivals, fairs and celebrations, to Perkins Cove there is something here that appeals to just about anyone!... more
A condex is just a condo with 2 units (a duplex that has been converted to a condo). Tthere are very few units which bear the responsibility for repairs / bills, etc. With no condo board to enforce compliance you may be stuck with a bill if the other owner refuses to pay for something.
Hope that helped,
Prudential Verani Realy
Portsmouth NH 03801
603-431-8977 EXT 5730... more
With your budget being 400k you would want to concentrate away from downtown in that price range.
There are quite a few nice areas that would work for you. If you need help I would love to send you some listings to view so you can familiarize yourself with the areas and prices.
Prudential Verani Realty
Portsmouth NH 03801... more
Are you looking at a single family? If so, and you want to use it during the summers as a vacation place for yourself then obviously you are severely limiting you tenant pool as people can only live there 9-10 months a year. Where do they go in June/ July? Portsmouth is not an area with a lot of college students- where this theory might have worked a little better. Just a couple thoughts...
I own a couple investment properties; and also am a mortgage loan officer in NH. If you need any help, feel free to contact me. Thanks and good luck,
Hello Buyer- It seems their counter was equal to their list price + $6k to help you with your closing costs, plus an extra $1k for them. Interesting math...
Good answers below. I39;m also a loan officer- and I see it all the time. Any answers/ contract approvals, signatures etc from a lender (bank of a short sale) usually take 2-3 weeks. In a regular private sale, you'd get an answer in 1-2 biz days.
You should have another home- that is not a short sale- you are working on also at the same time, as a fall back.
Thanks and good luck,
Ken L.... more