96 Dudley Rd Brentwood NH

HUD homes are owned by the government and the sale of HUD homes is managed by the US Dept. of Housing and Urban Development. HUD homes are offered with a 3% rebate buyers can use towards their closing costs.

How To Buy HUD Homes

STEP 1 Buyer must be pre-approved for a mortgage. If a buyer were to pay cash, the buyer would need a letter from the manager of the institution where their liquid assets are held stating that the funds are ready and available for closing on the property (proof of funds).

STEP 2 When you find the HUD home you want to buy, make sure the Realtor you choose to work with is a HUD registered agent. Only HUD registered agents are able to make offers.

STEP 3 Bid periods end daily at midnight. Bids are submitted on line by HUD registered agents. The bids are opened the next day and an answer to the bid is posted by 9:30 the next day.

STEP 4 If the bid is accepted, the buyer must complete all necessary paperwork and submit a cashier's check made out to HUD for $1,000. These items must be in the local HUD office within 48 hours.

STEP 5 Buyer has 15 days from the date the contract was signed by HUD's representative to have a home inspection performed by a licensed home inspection company and exercise all due diligence.

STEP 6 Buyer must close within 45 days of the effective date or if using an FHA 203K Rehab loan, buyer must close within 60 days. There are exceptions to the rule of closing date but for every 15 day extension granted by HUD, there are associated fees.

STEP 7 Move in and start enjoying the benefits of home ownership.

96 Dudley Rd. Brentwood, NH Four Bedrooms Three Baths

This grand colonial with hardwood floors, lots of windows, open concept, granite counters, double garage, three season porch, forced hot air heat, and central air conditioning sits on 5.4 private acres in one of Brentwood's best planned subdivisions. For more information on this home and HUD homes in general, call Marty direct at 603-781-4099 or leave a message at the office of Virtual Homes, Inc. 603-732-1800.

View a short video tour => 96 Dudley

About The Author

Marty Patrizi is a full time full service Realtor with Virtual Homes, Inc. Marty has been a building and remodeling contractor since 1988 and became a Realtor in 2007. Marty works as a buyer's agent and a listing agent giving his clients the benefits of his extensive experience in the industry. Marty can be reached direct at 603-781-4099 or by email marty.patrizi@virtualhomes.com. Click here to see => Marty's Profile

Brentwood NH Real Estate Market Activity August 2010

We are looking at homes sold data for the last four years verses the last twelve months to determine where the Brentwood NH Real Estate market is headed. In 2006, 42 homes sold and spent an average of 123 days on the market. 2007 saw a 21% jump in the number of homes sold and the average days on market bumped up 31% to 161 days. 2008 brought us another increase of 8% in the number of homes sold at 55 and they spent an average of 5.5% less time on the market at 150 days. A dismal perfomance in 2009 (despite the ongoing Federa Home Buyer Tax Credit) with a plunge of 25.5% in the number of homes sold at 41 with average days increasing as well to 177.

Brentwood NH Real Estate Average Sales Price

At the height of our study, 2006's average sales price was $422,957 and fell 8% in 2007 to $388,839. In 2008 when we saw more homes selling and spending less time on the market, average sales price dropped another 13% to $337,358. Upon 2009's dismal performance, average sales price fell another 5% to $319,834.

Brentwood NH Real Estate Market Trend

In the last twelve months we have seen a 12% increase in the number of homes sold with average days steady at 177. Average sales price has dipped slightly to $318,785. There is no doubt the now expired Federal Home Buyer Tax Credit had an effect on the real estate market in Brentwood. Unfortunaltely, the Tax Credit was an artificial component of the market and had its un-natural results. As we see the market headed back to normalcy, buyers understand that low interst rates, low home prices, and lots of inventory makes it easier and more affordable to purchase in Brentwood NH. Investment Strategy 101: buy low, sell high. This study shows that there is extreme upside potential if one were to purchase today.

Is NOW a good time to purchase Brentwood NH Real Estate? You bet!! That's good news for sellers, too.

For more information and real estate resources, click here => visit my website.

Brentwood, NH celebrated their annual TRICK OR TREAT last evening, Oct 30th from 5pm to 7pm. There were all kinds of strange happenings in the neighborhood of Windy Brook Farms Subdivision as well as some traditions started back in 2003 when the area was being developed.

Each door had a Ghost posted indicating that the homes in the subdivision had been "BOOed" during the weeks preceeding.

This is a tradition started by the founding members of the subdivision where one member of the neighborhood leaves a container of Halloween related items ie. candy, flashlights, glow sticks, etc. on the doorstep of a neighbor, rings the bell and quickly hides so as not to be discovered, as the recepient opens the door to the surprise.

They in turn go within the next day to another neighbor with a container full and repeat the process. In order that no one family gets "BOOed" again they post a ghost in their front window or on the door. The kids get a kick out of carrying on this tradition under the cloak of darkness.

Another tradition developed in Windy Brook Farm Subdivision is that of the Annual Halloween Hay Ride. Homeowner, John Carmillia, hooks a wagon to his tractor and pulls the kids out of the neighborhood to the nearest condominium complex, Windsor Meadows, so they can terrorize Trick or Treat there.

This I am sure is just a taste of some of the traditions in Brentwood, NH for Halloween. If you know of others, please feel free to share them here.

If you are interested in finding a home in Brentwood, NH, please contact me to help you in your search.

Judy Tuscano, REALTOR

Your NH Real Estate Professional

Prudential Verani Realty

603-498-2263 cell phone

jude1220@yahoo.com