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Real Estate Investing

 

According to the U.S. Census Bureau, real estate has consistently increased in value from 1940 to 2006, then proceeded to dip and rebound from 2008 to 2010 and has been increasing overall.

 

Real estate investing involves the purchase, ownership, management, rental and/or sale of real estate ultimately for profit. Being a real estate investor isn’t always glamorous but it’s a great way to make your money work building your wealth with proper maintenance and upgrades’ as needed over the long-haul.  There are several ways to consider investing in real estate, buying properties with the intention of renting them as a way to generate income, 1031 Exchange or, buy, fix, and flip to other buyers. All involve your due diligence; the old adage of Location, Location, Location should be adhered to.

When considering investment options you can put funds into a 401K, buy  stock in companies you know about and let them sit in your brokerage account or spend a great deal of time hedging with puts and call, all the while hoping you make the right choices  to increase your value. 

On the other hand you can invest in a rental property of multifamily buildings or single homes. Ask yourself if you’re ready to take on the responsibilities of becoming a landlord. more

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    Veterans Day

    Veterans Day

    Veterans Day pays tribute to all American veterans living or departed. This well deserved day especially gives thanks to the veterans currently serving our country honorably or are retired from doing so during war or peacetime.

    Unlike Veteran’s Day, Memorial Day honors those who died while in military service and Armed Forces Day, a minor U.S. remembrance that also occurs in May, which specifically honors those currently serving in the U.S. military.

     

    Did you know Veterans Day originated as “Armistice Day” on November 11, 1919?  The first anniversary of the end of World War I.   Major hostilities of World War I had formally ended on the 11th hour of the 11th day of the 11th month of 1918 but in 1954, President Dwight D. Eisenhower officially changed the name of the holiday from Armistice Day to Veterans Day. to learn more 

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      Giving Tuesday

      Black Friday… Cyber Monday… Giving Tuesday

       

      a0364cc4-1339-4ae9-8dac-07f345ebc11aGiving Tuesday is a day of giving which is celebrated the Tuesday after Thanksgiving.  This global movement is fueled by the power of social media. Won’t you consider giving to these organizations providing services right here in our local community. 

      In the great words of Winston S. Churchill…"We make a living by what we get. We make a life by what we give."

       

      CARC (Campton Area Resource Center)

      CARC has been serving area residents since 2008; their delivery system includes four main programs.

      Thrift Shop, offering discounted clothing, furniture, books and housewares;

      Food Pantry, providing food for those in need;

      The Hancock Fund Financial Assistance Program, helping those in emergency financial crises;

      Got Lunch! Campton & Thornton, delivering nutritious lunches to students during summer school vacation. Click here to find out how you can help.  To view more ways to help the community…….

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        Credit ? It's More Than Just a Number

        Credit – It’s More Than Just a Number

        Having a good credit score isn’t just necessary for financing a home; it’s also used to keep insurance premiums down and for screening applicants by some employers.  The use of credit scores is the same across the board, It’s to mitigate risk, plain and simple.  Banks want to know if they lend $300,000 for a home that they will get the money

        back within the terms set forth in the loan. The insurance industry has also proven time and time again that individuals who pay their bills on time have less insurance claims. And now employers are using credit scores with the same premise that on time bill payers make better employees.  How does your credit score stack up? Check out this chart and see which category you fall in to.  If you don't know your credit score you can sign-up for free with Credit Karma. Learn more on how insurers use credit information.

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          Weddings At Waterville Estates

          Wedding day on the Horizon?

          Welcome to Weddings at Waterville Estates. Weddings at Waterville Estates is a low volume facility to better focus on the bride and groom, and their family and friends for the personal attention you will not likely experience at most higher volume venues.

          Your knowledgeable Event Coordinator will organize your Wedding down to the smallest detail. From planning your food tasting and menu choices, to linens and chair cover choices, as well as  making sure all guests are taken care of too. The staff at Waterville Estates aims to make sure your special day is perfect.  Waterville Estates offers 4 customizable packages that cater to every Brides needs and budget.

            

          Waterville Estates NH Community

          Waterville Estates, Campton NH

          Waterville Estates is a private community providing quality service to its owners. Only two hours north of Boston, Waterville Estates is located in the beautiful White Mountains of NH.

           

          Winter, Spring, Summer, or Fall, there is always something to do at or near Waterville Estates.  Whether you are a skier, like to snowshoe or prefer snowmobiles you’re in the right place for easy access to all your winter activities. If Waterville Estates is your summer home or would like it to be, your in luck; there are many things to do for the whole family here; indoor swimming pools, mountain bike, swim outside on the pond, hike, play tennis and much more.  

          Would you like to own property in Waterville Estates contact Realtor Art Marks a member of the community for over nine years. He can share the in’s and outs of this beautiful area.   

           As a private community Waterville Estates offers many for their homeowners. As quoted by #lovewvestates “When you buy a property at Waterville Estates your investment includes ownership of millions of dollars worth of communal property”

           

          Dinning by boat on Lake Winnipesaukee

          The Common Man Brand does and outstanding job of creating a cool atmosphere for dinning, and no place to land is more fun than lake side dinning in Meredith NH.

          church landing

          The most elegant of the choices, this renovated church became a great restaurant and hugely successful Wedding venue... if you can get in for dinner get a window seat if you can?.

           Church Landing - Mill Falls

           

           

          town docks

          The town docks is a sand under your feet picnic atmosphere with summer drinks a lighter menu and watermelon for everyone ... plus a ice cream window if you are just passing by.

          Town Docks - The Common Man

           

           lago Lago more upscale than the town docks, but not quite as sophisticated as Church landing this spot is great for cocktails, appetizers and meeting friends after a day on the water.

          Lago | The Common Man Family of Restaurants

           camp 

          The Camp at Mills Falls Market place... this restaurant is a throw back to going to camp with pendants and nick-knacks from your youth away at summer camp. The Mills Falls Market place also has a book store, Candy counter, Ben & Jerry's ice cream, furniture store and other shopping options...as well as hotel rooms and other dinning choices.

          Camp | The Common Man Family of Restaurants

          The fun has just begun with summer finally coming to the lakes region of New Hampshire. If you find yourself in Meredith pull over and take a stroll...see the boats, have dinner and by all means grab and ice cream.

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            South Peak at Loon Mt, the Aspen of the East

            South Peak on Loon the Aspen of the east?

             south Peak on Loon mt

            I know the purist will say there is no comparison; the mountains are more than twice the height out west than on the east coast.  True. But I defy you to tell me these custom built Adirondack style homes are any less grand that the homes in the Rockies.

             slope side at Loon mt

            Besides, you can’t take a two hour ride from Boston and ski Aspen any winter day…if you live in New England. When you build Slope side at South Peak on Loon Mountain, you will have a show place that every family member will want to visit all year long.

             

            When folks out west saw their real estate bubble burst, our East coast resort registered hardly a blip. South Peak is officially 10 years old it slowly developed with more than half of the ski back lots now sporting a completed home. Not just cookie cutter homes, these Adirondack style custom homes fit well in the neighborhood. And with more than 50 million dollars spent on these spectacular properties, it is safe to say they are here to stay.

             Hemlock Dr Lincoln NH

            Lincoln NH offers low property taxes and no state income taxes. The sites come with underground utilities, plus town water and sewer. All homes have easy access to the private homeowner's trails featuring ski-in & ski-out trails, lifts and river frontage on the development.

            South Peak Rd at Loon mt 

            Whether you are a long term Loon Mountain family or just now considering a ski house that has all the modern convenience for folks on the go…forget Aspen build in New Hampshire.

            south mountain on Loon

            Don't Ski?... Well the view Spring, Summer, and Fall is Pretty darn nice too.

            A limited number of Vacant lots are available for your design build plans.

            Alpine Lakes Realty  & Cargill Construction co ... we'll get you home!!

            South Peak Real Estate Expert: Steve Loynd 603-381-7898 Call for more information

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              Deed Restriction in New Hampshire, the good the bad and the ugly...ask the expert.

              Deed restrictions and Covenant – good the bad and the ugly- ask the expert?

               

              Many subdivisions have strict bi-laws to prevent owners from pitching a tent on their site and camping out. This Covenant comes in the form of “no” a temporary shelters provision. One step further we often see no mobile homes, or a minimum square footage requirement. These guide lines were intended to ensure a homogeneous design and value of homes in a given neighborhood. They were and are a good idea in most cases still.

              With the advent of tiny homes, and the idea of lowering ones carbon foot print some (many home owner associations don’t allow clothes lines for example) of these deed restriction make certain subdivisions unsuitable for the new environmental-friendly buyers. That may offer an opportunity for a land owner thinking about completing a subdivision.

              As a Realtor I have served on several subdivision boards and walked them through the town approval process… I personally would like to see less restriction required when filing for approvals. But at the same time no restrictions can lead to major heart aches between abutters.

               

              I can think of a scenario where we assume people will do what is best for their neighbors, and you will quickly understand not everyone sees a vintage muscle car in parts as a lifestyle choice that doesn’t affect the house next door from selling at top dollar. So maybe not allowing unregistered vehicle to be outdoors is still a good restriction to keep on your deeds.

              If you are looking to build a tiny home, a mansion, or a new subdivision in New Hampshire give me a call and let’s talk about your best options. Steve Loynd - 33 year Veteran Realtor... Ask the Expert. 603-745-3601 / steve@alpinelakes.com

               

               

              New Hampshire Condominiums purchased with second home loan?ask the expert.

              New Hampshire Condominiums purchased with second home loan…ask the expert.

               

              A great choice for many looking for a family get away is an association managed property; this most often comes in the form of a condominium. But can also be a single family property within a home owners association.

               South Peak on Loon Mt, Lincoln NH

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              What you need to know when seeking financing:

              Fannie Mae is the Quasi-governmental entity that controls the mortgage markets in the U.S. they generally offers the most competitive rates when seeking a property loan. The down side when it comes to condominiums is they sell there note on the secondary market so the property has to be squeaky clean and vanilla in flavor.  The risk of putting your eggs in this basket is the Mortgage Originator (your loan officer) will require a condo questionnaire to be completed and reviewed by the underwriting department.

              This can take a lot of time if this lender hasn’t completed a loan in this project before…and the pit falls are many.

                          Deer Park , Woodstock NH

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               Issues that can derail a Fannie Mae loan on a condo:

              1) If there is an on-site rental program, or if a simple on-line search shows one or more condo owners are advertising their units for a private rental (Air B&B or other sites)

              2) If with in the entire master plan project there is any timeshare units with in the association

              3) If one owner owns more than one condo and that number exceeds 10% of the total projects gross # of units.

              4) Similar to above…if 10% or more are for sale (or) 10% or more are delinquent in their dues.

               

              The Solution…is a portfolio loan. This is not a shady back room loan shark deal. In fact many times your same lender has in-house money they can loan on properties that your bank’s local committee can use to accommodate real estate not qualified for Fannie Mae consideration. The key here is to work with a lender that has both and can switch you to a program that works. If your independent mortgage broker can only place secondary mortgage market loans…please don’t go down that road – you’ll miss the contingency dates and can lose the property or even lose deposit money in a worse case.

                  Jack O Lantern Golf Resort, Woodstock NH

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              Hire Alpine Lakes Real estate to help you buy or sell and condominium, we know what to look for, and can create a smooth transaction for all.

               

              A few other helpful hints when looking at Condominiums:

               

              * ask to review the minutes of the last  2 homeowners meetings, more time than not up coming special project and expenses are a topic of these meetings and a new $10,000 roof is an important factor in buying.

              * ask to see the current budget and monies held in capitol reserves for future common area projects under consideration for your condo project.

              * Ask about on-site pet policies, as some projects don’t allow pets of any kind, while others allow owners but not renters to have a furry friend.

               

                        Forest ridge Lincoln NH

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              Call Alpine Lakes Real Estate co Inc. 800-926-5653