About Belknap County, NH

Contact me for more information and to arrange a showing.

William Moore

Innovative Realty

603-818-3110

wmoore@innovativerealtyteam.com

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Large Private Estate 54 Acres of undeveloped land on Lake Winnipesaukee with possible 180 degree views. Shore - line 350 feet with two small sandy beachs dock and boat ramp. Survey, test pits, electric avail. Looking for privacy & exclusivity, this is it! Owner will build estate or sell. Untouched wildlife & land in natural state. Land located along Meredith Neck Road being sold as an executive estate lot for the discriminating buyer looking for exclusivity with Lake Winnipesaukee access for $4.5M

There are numerous ways to heat your home because of recent technology. Some Heating methods are more efficient than others and some are cheaper. It's for you to decide which source of heat provides the best overall fit for your needs. What you really want to know though is what is going to give you the best value in your home. One innovative source of heat one may have heard of recently is Geothermal heat. The good thing about Geothermal heat is that is draws a natural source of heat from the ground below. Because the heat below the ground is more constant a Geothermal heat system can draw the warm or cool air from below the surface and use it to heat or cool a home. Initial installation costs will vary depending on location, state laws and availability. Overall, Geothermal heat is said to be quite efficient and can reduce annual heating costs immensely. Two other more common sources of heat are: forced hot air and forced hot water. Forced hot air utilizes a furnace and vents with blowers to circulate the air throughout a home making the living space very comfortable. Forced Hot Water utilizes baseboards or radiators to funnel the water through pipes and heating very thin pieces of metal that give out the heat. Heating machines powered by forced hot water can be placed on walls, on the ground or even ceiling. Forced Hot air seems to win in the battle of more desirable heating sources because it has the ability to make the whole room feel quite comfortable. Now comes the argument of Natural gas versus Propane to heat your home with. It is true Propane has more BTUs (British Thermal Units) than Natural Gas, in fact propane doubles the amount of BTUs over Natural Gas. With that being said Propane is usually more expensive than Natural Gas. Thus, weighing the question to go with one versus the other over affordability. Natural Gas does indeed contain some parts of propane, but it also contains other gases found in the ground like methane, ethane and ect. So with this information hopfully these options will wiegh on your thoughts when purchasing a home or heat source for your home.

A short sale may be the answer...

You might be able to put lipstick on a pig, but that won't change the fact that the number of homes sales are down and things are pretty quiet in the real estate world right now. If there was ever a year where we need to get the elections behind us so the country can get back on track this is definitely it. There was a total of 69 residential homes sold in September in our Lakes Region of NH towns. That is down from the 88 transactions last September and 85 in September 2006. Looking at the whole year thus far, a total of 508 homes were sold during the first three quarters of this year at an average price of $361,817. That puts us 22% off last year's total of 652 units for the same period. Not great, but it could be worse. If there is any good news in these numbers it is that we are only about 8% off last year's average sales price of $394,915 for that nine month period. I don't know about you, but to me that sounds a whole lot better than the percentage the stock market is down!

Unfortunately, these tough economic times are forcing a number of homeowners to sell their homes. Even more unfortunately, because of the recent decline in real estate values many homeowners won't find a buyer at their current asking price. It goes without saying that any homeowner would like to sell his property at a price that covers his current debt. So usually he sets the asking price based in part on that mortgage payoff amount. But if the homeowner owes more on the house than what it is worth in today's market he is not likely going to be able to find a buyer. One solution to this seemingly "no-way-out" situation is the short sale. A short sale is when a lender agrees to accept less than what is owed on a property so that the property can be marketed and sold at a price more in line with current values. If a recent hardship has resulted in the inability of a homeowner to keep up with the mortgage payments, many times the lender is willing to negotiate a reduced payoff rather than going through a costly foreclosure process. More importantly, the short sale process is a solution for the homeowner that prevents a foreclosure or bankruptcy situation that would damage his credit rating even more.

Residential Homes Sold September 2008