Blog :: 2020

Join Us In Saying Thank You!

Thankful

If you had the opportunity to visit any of the attractions, restaurants or food stops in the White Mountains of New Hampshire this Summer, thank a young person. Without local high school and college students stepping up during the Covid-19 Crisis many local small businesses would not have been able to operate at all.  At best many saw a significant decrease in sales in our area but better to have less sales than closed doors! A HUGE thank you to a our local youth who have worked so hard to keep our local area serving all the visitors that made it to the wonderful White Mountains this summer.

September 11 Attacks

9/11 Never Forget

WRITTEN BY: Peter L. Bergen - CNN national security analyst and director of the national security studies program at the New America Foundation. Researcher Notes.

Because the September 11 attacks caused such massive destruction and intensely hot fires, the remains of many victims were never recovered, and others remained unidentifiable. Consequently, the precise number of victims—particularly the number of those killed at the World Trade Center—has remained unclear. 

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.

Coronavirus Impacts Northern NH Real Estate

Coronavirus Impacts NH Real Estate

Just like every industry, the coronavirus flipped the real estate market upside down, completely changing the way realtors, buyers and sellers do business. The normal spring market is like Super Bowl Sunday every weekend. This year, Realtors were left scrambling to keep everyone safe in the process.  Standard showings became Virtual Showings and 3D Tours, and, in some cases, buyers were purchasing homes they’d never stepped foot in.

There is No Free Money

State of NH Seal

What does all this mean? In short – due to a previous Executive Order, consumers cannot be evicted or foreclosed on their residence until the original order is lifted.  What it doesn’t mean is that consumers are not liable to pay their rent or mortgage, it just gives them some wiggle room during the pandemic to create and adapt an emergency household budget or find other financial resources to pay these debts.

Stake Your Claim

alt tag

 

 “Mountain Homes at South Peak” phase II development sites. A truly unique offering is about 60 days away from being released by the Attorney General’s office at the State of New Hampshire.  Once the AG has approved, we will be able to offer these under a non-binding reservation, subject to final town and engineering approvals.

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

alt tag

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.

Realtors and COVID-19

alt tag

Kids furloughed from school, bars and restaurants closed, and people told to stay at home except for essential errands—the coronavirus pandemic has already upended life as most Americans know it. Now it's expected to turn the typically busy spring home-buying season on its head as well.

Despite the extremely low mortgage interest rates, the nation could be in for a rocky home-buying season. A recession triggered by COVID-19 appears to be on the way, and the stock market has plummeted, giving many buyers pause. There are also likely to be fewer homes on the market, longer closing times, and plenty of unanticipated delays in the coming weeks.

COVID-19 Real Estate Update 3-27-2020

alt tag
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.