1 bedroom East Ridge Condos Merrimack NH

I have had nothing but great experiences in dealing with 1 bedroom East Ridge Condos Merrimack NH. I sold 2 units in the past year both as a buyers agent and as a listing agent. They are very afforable nice units that have held values well in the past 5 years

Here are the numbers:

you can buy one for about $85,000 the scenario below shows FHA 3.5% down, these condos are FHA/ VA approved.

principal and interest $ 440.33

condo fee $ 181.00

taxes $ 150.00

pmi (est) $ 90.00

total = $ 861.33

You would be hard pressed to find an apartment for this price per month.

They 1 bedroom East Ridge condos Merrimack NH are great units for a number of reasons.

1) all units have private front entrances and a walk out slider to back yard area.

2) all units have central air and efficient heat pump.

3) all units have a washer and dryer in the unit.

4) association allows to have virtually any size dog.

5) Many financing options such as FHA / VA as these units have a high owner occupancy ratios offering low down payment as low as 0% down or 3.5% down.

6) They have a pool and tennis court

7) Low condo fees.

8) Just seconds from rte 3 exit 11

Most importantly, they hold their value. This winter I sold a 1 bedroom unit that was purchased in the peak of 2005 and we then re sold in the dead of winter of 2010 for 5% less than what she had paid in 2005. This is unheard of, some complexes have lost 18-35% in this same time frame.

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