Yeah It's Still Location, Location, Location

It never fails, the location of a property is still the #1 feature. Sure there are other important features, but you can never change the location. Whenever I have a buyer looking in a desirable neighborhood I do my best to make sure they understand the benefits of the location.  Most buyers never think about selling the house that they are about to purchase, but as real estate agent that’s my job. My sellers purchased this home in March of 2010 and just sold it in March 2016, it was on the market for under 5 days before they received a full price offer

For more information contact Shane

shane@uvmaxre.com

603-252-6757

Sometimes It's More Than Just A Home

Sometimes Real Estate Agents might be caught up with the numbers, and when you sell 15, 20 even 50 houses per year it’s easy to do.  Every house that's sold has a story filled with memories from a seller who is moving on and the buyer excited with a new beginning. This house was full of historical charm, and was made for the new owner, which made my seller so gratified to see.  It was more than just another property with a sold sign on the lawn.

For more information contact Shane

shane@uvmaxre.com

603-252-6757

Rent Verse Own

So really when does it make more sense to own verse rent? As you might guess there’s no one rule that works for everyone, but one indicator might be the price-to-rent ratio. What’s that? Basically take the purchase price of a property and divide it by the annual cost to rent, if that number is less than 20 then possibly owning makes more sense. This condo is listed at $112,500 and rent in Lebanon for a 2 bedroom condo run $1,100 per month or $13,200 per year making this ratio 8.5%, well below the widely accepted ratio range of 10% to 14%.

For more information contact Shane

shane@uvmaxre.com

603-252-6757

All Real Estate is Local

Yes we’ve heard all real estate is local and nothing supports this better than the first few months of activity in Lebanon, NH. Since January, the inventory levels have had a difficult time keeping up with demand, and there’s no sign this will be changing anytime soon.

Currently there are 20 homes under contract in Lebanon with an average days on market under 30 days.  What this means is if you’re still an active listing maybe you need to take a closer look and the marketing of your home and if you’re thinking of selling, get it on the market now. You don’t need to commit to a 12 month or even a 6 month listing contract, why test the market with a 30 day listing agreement?

For more information contact Shane

shane@uvmaxre.com

603-252-6757

Sellers' Market? or Buyers' Market?

Is it possible to get a solid purchase as a buyer in a seller’s market? I guess it depends on the town and possibly the exact street in a specific town.  There’s no question the market in Lebanon is hot, but that doesn’t mean you can’t find your own pot of gold in the neighboring town. This is a solid 3 bedroom, 1 bath house on a nice level lot with a two car garage and purchased at a good price in a seller’s market.

For more information contact Shane

Shane@uvmaxre.com

603-252-6757

 

 

 

 

 

 

 

 

 

 

Perfect House for a Family Looking for Space in Canaan, NH

Plenty of room outside for the family and pets. This 3 bedroom log home has over 2.5 acres of open land surrounded by woods for the ultimate in privacy.  The boundary brook give adds to the country setting allowing a growing family room to play, and the 24 x 28 heated garage with finished space above gives everyone a place to call their own. With inventory levels low in Lebanon this might be a good option to consider.

For more information contact Shane

shane@uvmaxre.com

603-252-6757