To date 22 lots have been released for sale and as of just this morning, the last one went under contract with our Lincoln Managing Broker, Steve Loynd. That equates to 22 pending sales.

ATTENTION AREA HOMEOWNERS!

Alpine Lakes Real Estate is actively looking for properties to sell and rentals to manage.  As Fall draws to a close and the we are faced with the winter months, we all know ski season isn’t too far behind. Due to the Pandemic we find real estate inventory and availability of winter leases are at an all-time low in the Loon and Waterville areas. We have many qualified buyers and tenants for your properties, so please feel free to give Alpine Lakes Real Estate a call. Want to do your own research first, visit www.alpinelakes.com, you’ll be able to search the State’s MLS, view our vast blog section for up-to-date information and read more about our team of Realtors in the Lincoln & Campton offices. 

This ski-in & ski-out slope side subdivision at Loon Mountain in Lincoln, NH was started in 2006 and many truly spectacular homes have been custom built since then. These homes required a minimum of 2,500 Square feet (max 6,000 Sq,Ft.) Not only do the homes feature top notch skiing terrain, but they also offer a long stretch of direct water frontage on the Pemigewasset River.

Many clients are looking for a care free condo, and single family homes are not on the top of the listing for vacation ownership. Many feel there is too much work to do maintenance and up keep. While that may be true with older homes, that concern can be the complete opposite with a newer home.

When some people decide to buy property outside that state in which they currently live, they may be doing it with a lot of knowledge already.  They could have the resources of friends and family already living there, or the experience of having visited and spent significant amounts of time in the state.

For others, however, the choice to buy real estate- whether it’s a commercial property, single home, a condo, or even bare land- can seem daunting without some knowledge of the new state. 

Of course, there is some research you can do for yourself. You'll have to narrow it down to the state and maybe a county or region on our own.  But when you get down to choosing a city or town, the best source of information is going to be a well-qualified real estate broker.

You may know the phrase “Grandfathered” from the recent short-run TV sitcom, but for years the term has been given to real estate properties that wouldn’t, under current regulations, be allowed to be constructed upon. In many (but not all) cases that can be a good thing when a property comes up for sale. For example, in the case of waterfront real estate, many restrictions have been imposed on new construction dealing with setbacks, site clearing and size of structure, sometimes to the point of making a previously designed building site unbuildable under the new guidelines.

Yankee values may have started on the east coast and being frugal has its place at the grocery store or car dealership, but not always when it comes to real estate. While there’s real estate for sale everywhere, the search for a great deal is not unique to one geographic area in the United States of America - but there are limits.

Is it time to stop thinking you should always be offering less than asking price?

Know which loan conforms to the property before you apply to a lender.

Question: Are you all set with your financing?

Answer: My buddy has me all set with a great rate.

NOT SO FAST… will the property conform to the type of loan you have been assured you’ll be approved for, at this great rate?

Here is where your Realtor comes in and guides you through the process in determining if you will get that loan or waste three weeks thinking it’s a breeze only to find out the property: Type, Location, Association, or occupancy doesn’t allow the loan you are “pre-Approved” for.

Many subdivisions have strict by-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 guidelines were intended to ensure a homogeneous design and value of homes in a given neighborhood. They were and are still a good idea in most cases.

Your Mortgage lender analyzes these five “steps” when considering your loan application and you can help the likelihood of being approved for a loan by knowing them. 

You think you’re getting a great deal when you purchase a For Sale by Owner (FSBO) property, but buyer beware – things aren’t always as rosy as they seem.  Here’s a real-life example of just one of the many things that can go wrong.

I had a seller on the sale of a condo in the White Mountains. My seller listed their property with me and during the normal disclosure reported that they had no mortgage on the property. As the transaction moves forward and it comes time to close, we should expect a simple transaction and no lender to chase for a discharge, right? Wrong!

Foliage was very fast this year... here today and gone tomorrow. Check out these photos that chronicles this year's beautiful foliage in the White Mountains.

The seller doesn’t care if you have to bring more money to closing!          

The appraisal can be arbitrary if you need “a” loan and you want the property.

I realize I will get some flack from the appraisers who will read my post, but let me tell you where the above statement comes from.

I am selling a 3 bedroom condominium, and share what I believe to be the best three comparable closed sales with my seller as we discuss an [...]

Know which loan conforms to the property before you apply to a lender. 

Question; are you all set with your financing?

Answer: My buddy has me all set with a great rate.

NOT SO FAST… will the property conform to the type of loan you have been assured you’ll be approved for, at this great rate?

When trying to acquire a rental or purchase the best location at a ski resort a few things come in to play as every mountain has its own character.

#1) Does being the closest to the mountain mean you have to have a huge budget?

#2) Is finding a property were the first building was built as the ski area was being developed a better option?

#3) Or will we have to settle for a tiny space or an old dog to get that location…RIGHT??

I get inquiries almost every day on these Quarter-share condos most buyers think it is full ownership...and love the price ($12,000 to $48,000).

A Title defect can take many forms, for this entry we will focus on an improper discharge. When a mortgage is paid off, the lender issues a discharge which then has to be put on record to let the world know the loan on that particular property has been satisfied and no further payments are being sought. Sounds easy and it should be…what could go wrong you ask?

1) The discharge is not recorded in the county the property resides in

2) The discharge goes to the mortgagor after payoff but never is recorded

3) The lender (bank) is purchased, is then folded in to a new bank and when they receive the payoff balance of the loan they issue an improper discharge.

Lets talk more about case #3… big banks are gobbling up smaller banks as of late and one of the casualties is an improper discharge that is recorded at the registry of deeds. How does that happen? The next buyer / owner hires a title company (or real estate attorney) and  read more here

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 [...]