Low Income Housing Info

10 Tips for a Smooth Home Remodel

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Follow these 10 tips when you embark on an exciting home remodeling project.

  1. Establish effective two-way communication with the home remodeler. It’s essential to have good communication for a smooth home remodeling project. Does the remodeler listen? Does he or she answer questions clearly and candidly? Can you reach him when you need to? Does he return phone calls promptly? Does he let you know when problems arise and work with you on solving them?

Choosing a Home Builder

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Homeownership is the foundation of the American Dream and with dwindling inventory across the country many potential buyers are breaking the barrier into building the homes they can’t find on the market.  This isn’t a task to enter into lightly, there’s plenty of horror stories to be found about buyers being scammed or having contractors walk away in the middle of the job whether they’ve been paid or not.

Due to the lack of inventory any good builder is going to have a pretty hefty pipeline and likely not enough help to keep up with the demand so it’s important to do a lot of research on your own before venturing into this territory.

Homebuyer's Dictionary from the National Association of Home Builders

Real Estate Dictionary

ARM? GPM? PITI? You’d have to be a cryptologist to figure out some of the terms buyers encounter during the home buying process. Doing research on how to buy a house before beginning the process can greatly improve your experience and prepare you for the exciting course ahead. And with this glossary of home buying terms at your side, you can rest easy that your new home won’t get lost in translation.

What's in Store for the National Housing Market in 2021?

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Happy New Year! Many of us are excited to see the end of 2020, and a New Year means a new housing market… right? Well, maybe not, or at least not yet.

It’s difficult to pin down one 2021 housing market prediction that will be 100 percent accurate, but there are a lot of compelling points being made from very detailed analyses. Let’s take a look at a few of them.

Pemi-Valley Habitat for Humanity

Pemi-Valley Habitat for Humanity

About Pemi Valley Habitat for Humanity 
Pemi Valley Habitat for Humanity is part of a global, nonprofit housing organization operated on Christian principles that seeks to put God’s love into action by building homes, communities, and hope. Pemi Valley Habitat for Humanity is dedicated to eliminating substandard housing locally and worldwide through constructing, rehabilitating, and preserving homes; by advocating for fair and just housing policies; and by providing training and access to resources to help families improve their shelter conditions.  Habitat for Humanity was founded on the conviction that every man, woman and child should have a simple, durable place to live in dignity and safety, and that decent shelter in decent communities should be a matter of conscience and action for all.

What's Your Decluttering Style

Organized Linen Closet

Clutter can often be a sign of a chaotic lifestyle and it can also represent a very depressed person. You might have ready many articles on the subject and tried a variety of ways to clean up your own space but within days it’s right back to the same old trend of collecting mail or papers you really don’t need.  That’s because you haven’t found the decluttering style that best fits your lifestyle. There’s no one way that works for everyone.

Clutter and Depression

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It’s been proven. Clutter is a bummer — literally.

Dishes in the sink, toys throughout the house, stuff covering every flat surface; this clutter not only makes our homes look bad, it makes us feel bad, too.

At least that’s what researchers at UCLA’s Center on Everyday Lives and Families (CELF) discovered when they explored in real time the relationship between 32 California families and the objects in their homes. The resulting book, "Life at Home in The Twenty-First Century," is a rare look at how middle-class Americans use the space in their homes and interact with the things they accumulate over a lifetime.

Our over-worked closets are overflowing with things we rarely touch.

It turns out that clutter has a profound effect on our mood and self-esteem. CELF’s anthropologists, social scientists, and archaeologists found:

AHEAD's January Financial Virtual Workshops

AHEAD Financial Education

The beginning of a new year is always a good time to revisit our budgets, credit and saving money any way we can.  AHEAD is fulfilling these much-needed services by offering virtual one-hour workshops.

In January they have 4 courses being offered virtually and FREE. Even better, they are making them available during the day as well as in the evening.  Their January schedule is as follows:

USDA Single Family Housing Direct Home Loans

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USDA Rural Development’s Section 502 Direct Loan Program provides a path to homeownership for low- and very-low-income families living in rural areas, and families who truly have no other way to make affordable homeownership a reality. Providing these affordable homeownership opportunities promotes prosperity, which in turn creates thriving communities and improves the quality of life in rural areas.

NH Housing Steps to Home Ownership

NH Housing Steps to Homeownership

Steps to Homeownership

New Hampshire Housing offers a number of different homeownership programs to help make homeownership more affordable.  While the specific programs may have different income limits, in general, we serve borrowers with incomes up to $135,300. 

We offer low downpayment requirements, down payment assistance (up to 3% cash to help with downpayment and closing costs), the homebuyer tax credit (HBTC) (Must be a first-time homebuyer or buying in a targeted community) and low-mortgage insurance options;

Are you ready to buy a home?

Take our quiz to help you determine your next steps.

Buying or Selling Real Estate During a Pandemic

Buying and Selling During a Pandemic

Real Estate is evolving on a daily basis right now and none of us truly know how the story will end.  Believe it or not, there are buyers out there that are still looking for their dream home. Those would be the buyers that are confident with their employment situation and have been able to save for the transaction. At the same time there are many homeowners not being pushed to sell because their lender has automatically deferred their mortgage payments.  Still, buyers should not assume that because we are in a pandemic they can automatically lowball a seller. Sellers may be more willing, however, to entertain offers on the lower end. The reality is a buyer won’t know how motivated a seller is until they make an offer. Buyers need to keep in mind that no matter how badly a seller needs to sell they may not want to engage with a buyer who low balls an initial offer.

Equity Builder Program Grant

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Buying your first home can be emotionally and financially challenging. With rising home prices, limited inventory, down-payment requirements and upfront expenses, it's enough to overwhelm someone right out of the process. In New Hampshire some local banks recognize how difficut entering the housing market can be and have taken some steps to offer some relief.  In association with the Federal Home Loan Bank of Boston some banks can offer the Equity Buider Program (EBP). The program is available to income eligibe households who can get up to $15,000 to use towards a down payment or cosing costs.

COVID-19 Real Estate Update 3-27-2020

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Like many other organizations, we're adapting in this COVID-19 world.

Per orders of Governor Sununu  all non essential businesses are to close as of midnight tonight. A Real Estate company happens to be non essential.  Our Campton and Lincoln offices will be closed until further notice. Our Realtors on the other hand will continue to do as much as they can from the safety of their homes.

Continued communication with our clients and customers is important to all of us. What does this mean for our sellers: marketing strategies will continue to put your property in the forefront of  buyers able and willing to purchase as soon as the restrictions have lifted. 

A COVID-19 Message From Alpine Lakes Real Estate

COVID-19 Real Estate Service Impacts

?During this unprecedented COVID-19 pandemicAlpine Lakes Real Estate is continuing to monitor closely local and world events. With many companies closing their offices and directing their employees to work from home to help reduce the possible spread of this virus, our offices are no different. Currently our offices in Lincoln and Campton are open.

First and foremost, we are taking the safety and health of our Realtors, staff and our clients and customers seriously. We are adhering to the recommendations from our local, state, and federal governments. This is a fluid situation which we are monitoring daily to better adjust and change how we operate within our company.

COVID-19 and Real Estate Transactions

COVID-19 and Real Estate Transactions

As the coronavirus spreads, how will it impact New Hampshire’s Real Estate Transactions?

We reached out to many of our most trusted professionals in the field to get their feedback and yet there appears to be only a minimal impact on NH transactions. Though Bank lobbies have been closed across the state, mortgage lenders are still able to meet in person with customers if they so choose and yet there hasn’t been a significant impact on transactions already in process.

Home Buying Expenses - Be Prepared

First Time Homebyer Expenses to Remember

It’s very likely that one of the largest expenses you will ever make is purchasing a home and budgeting for this venture is a definite must. Most borrowers will either be saving for a 5% down payment on a conventional loan or 3.5% for an FHA loan. However, there are additional expenses that buyers need to be aware of regardless of the loan type. Here is a chronological look at what you might expect and when it would come into play during the transaction.

Questions to Ask When Interviewing Potential Realtors

Asking the Right Questions When Interviewing Potental Realtors

With limited inventory available on the market you should take special care when interviewing Realtors you want to work with whether you are selling or buying a home. Here's a few questions to ask those potential agents.

1. What’s your experience with selling property?

There’s no right or wrong answer requiring a full resume, however, you may wish to know if the Realtor sells real estate full-time or part-time and how long they’ve been in the industry.  It’s also reasonable to ask how they resolve issues such as discovering a lien after the fact, disputes with property lines, negative property inspection prior to closing etc.

Purchasing Your Second Primary Residence

Buying Your Second Primary Residence

For first-time home buyers, the process can be completely overwhelming. There are contracts, deadlines, inspections, deposits, etc. When you outgrow that first home and decide to sell it and buy something better suited for your current situation you might think it’ll be a piece of cake because you’ve already done it once.  Not so fast . . . the process will be equally overwhelming if not more due to regulations put in the place since you purchased your first home.

First, you need to sell your existing home and determining where you’ll live until you find and close on a new home. It’s possible to find a home before you’ve sold your existing residence, but it can be tricky to pull it off, so you may choose to get the first home sold before making an offer on a new one.