the full print edition
|View Property Transfers|
NH homes for sale
Towns & cities: |
♦ REAL ESTATE
♦ HOME SERVICES
Real Estate Corner: Pros, cons of buying a distressed property
Most often, a house with a drastically reduced price will be on the market as a short sale because the owners are hoping to avoid a foreclosure or because the property has already undergone foreclosure.
The main risk in purchasing a foreclosure is the reason the property is set at a low price: the condition.
Educate yourself and work with professionals who can recognize the value in different properties so that you don’t find yourself owning a distressed property that requires too much work or sits in a location that negatively affects its long-term value.
Michele Lerner is a columnist for REALTOR.com.
This information has been provided by the New Hampshire Association of Realtors in conjunction with the New Hampshire Union Leader’s Advertising Department. Readers with questions about the content, or who wish to pose a question for a column, can contact the association 115A Airport Road, P.O. Box 550, Concord, NH, 03302-0550 or Dave Cummings, director of communications, at email@example.com.
Following a lengthy public hearing Wednesday evening, the Londonderry Zoning Board of Adjustment unanimously rejected several variances for a 288-apartment work force housing complex.READER COMMENTS: 0
The New Hampshire Executive Council on Wednesday postponed a vote on property restrictions that would have allowed a Manchester condominium complex to build docks on the Merrimack River.READER COMMENTS: 0
The Board of Mayor and Aldermen on Tuesday gave final approval to redrawing the zoning map to allow the construction of multi-family residential housing on two parcels on Hackett Hill that had been...READER COMMENTS: 0
Raymond selectmen rescinded a vote to place 145 acres of Flint Hill as a deed restriction and put it in a conservation esement instead.READER COMMENTS: 0
A conflict raging at a Manchester riverfront condominium complex over docks, eagles and missing paperwork is scheduled to be played out in two public forums this month.READER COMMENTS: 0
The Planning Board is considering bringing forward an amendment in March that would limit building heights in the town center to three stories or 45 feet.READER COMMENTS: 0
Russell Pope was in the Coast Guard when he found his life's calling - and it had nothing to do with the military or the ocean.
Home & Garden
Home & Garden
Following a tour of the Villa Augustina School on Mast Road on Saturday, the Goffstown School Board has decided to not pursue purchasing and renovating the former Catholic school to address growing...READER COMMENTS: 0
Members of the Goffstown School Board, School Administrative Unit 19 Superintendent Brian Balke, and town residents toured the closed Villa Augustina School property on Saturday, hoping to get a...READER COMMENTS: 0
Professional decorators share a glimpse of this year's high-end holiday trendsREADER COMMENTS: 0
The Goffstown School Board continued discussions on Monday night about the possibility of purchasing the former Villa Augustina School campus to address growing space needs in the district.READER COMMENTS: 0
A hobby became a passion and a career for the photographers HudnallREADER COMMENTS: 0
A parcel on the north side of the 170-acre property is under agreement for a sale to local developer and restaurant owner Joseph Faro.READER COMMENTS: 0
Decorations help set the tone for most people's holiday experiences, which serves as the backdrop for two very unique and different events — one brand new, the other well into its fourth decade...READER COMMENTS: 0
While driving to school with my daughter, we spotted one of those ancient television sets on the side of the road — the kind that worked not only as an entertainment center in the '60s and '70s...READER COMMENTS: 0
Overseeing Salem's community gardens at Hawkins Farm has come with its share of challenges over the past several years.READER COMMENTS: 0
There will be no second hearing on a variance that would allow a senior housing development to be built on the property of a Pond Street mausoleum.READER COMMENTS: 0
Diane Paul, 52, is a self-taught leather artist whose repertoire includes everything from sleigh bells to stick horses. She does everything by hand — everything.READER COMMENTS: 0
The Planning Board has granted conditional approval of a 16-unit senior housing project off Pleasant Street.READER COMMENTS: 0
The issue came up recently when residents of the Deerfield Street subdivision wrote to selectmen asking for help in getting their road completed.