Jaffrey, NH

Walking Video Tour showcasing my newest listing at 130 Sherwood Lane, Jaffrey, NH.

This 3 bedroom Colonial has everything you've been looking for and that's the truth!

• Finished walk-out basement with a pool table (theirs is negotiable, by the way), a dry bar and room for your entertainment center to keep anyone occupied year round. Walk out to the patio and enjoy an evening by the firepit with friends. Or have easy access to your gardens.

• Multizoned heating system, hot water baseboards.
• Open concept kitchen/dining room are great for entertaining! Kitchen island has granite countertop and plenty of countertop space in large, U-shaped kitchen.

• Beautiful custom cabinetry in upstairs full bathroom/laundry room designed for storage of bathroom supplies, linens and laundry room accessories. Convenient 2nd floor laundry room for stackable washer/dryer where you need it most!

• Privacy and located in a family friendly, desirable neighborhood just minutes from Peterborough, Dublin and easily accessible to Concord/Nashua/Manchester/Keene. Just over the Dublin/Jaffrey border when you're traveling sout on route 137 from route 101.
• Freshly painted modern day colors make this home move in ready!

Visit the virtual tour of this home at 130 Sherwood Lane, Jaffrey, NH !

Stephanie Jacques

Listing Agent, BHG The Masiello Group

603-209-4151

603-352-5433 x1948

How to Buy a Short Sale in Jaffrey, New Hampshire

As a home buyer looking for value in the purchase of Jaffrey NH real estate you may consider a "short sale" as a viable option. The process of finding and buying a Jaffrey NH short sale is not a typical real estate transaction. To achieve your goal, hire experienced professionals that understand all aspects of the transaction. Expert advice can be provided by real estate agents, attorneys, mortgage brokers or bankers and home inspectors.

A Short Sale Defined

Homeowners that have financial hardships may pursue a short sale prior to foreclosure. This process may be a preferable option to preserve their credit and limit their debt exposure. In New Hampshire, the laws governing foreclosures provide incentives for lenders to work with homeowners that can no longer afford their homes. The foreclosure process takes time and money and may prove to be more costly to the lender. Under the Home Affordable Alternatives Program (HAFA) offered in 2010 by the Treasury Department, lenders and homeowners have additional incentives to consider a short sale.

The first step in the process is to negotiate a contract with the homeowner that must be approved by the lender. If the contract is not acceptable to the lender then the Seller may not have sufficient time to sell to another party and avoid foreclosure. Follow these guidelines to improve your chances of a buying and closing on a short sale listing:

Are You a Qualified Buyer?

Providing creditable evidence that you qualify to purchase the property is absolutely necessary. The Seller is not likely to accept your offer without a valid credit approval as the lender will not grant approval Get pre-approved from a reputable lender or if a cash buyer provide proof of funds. The approval must not contain conditions such as selling an existing property.

Finding Listings That Qualify

Sellers selling short typically have a time-line they must meet to avoid foreclosure. If they have not communicated with their lender(s) and started the process, it may not be possible to close before foreclosure. Preview available short sale and foreclosure listings at Jaffrey NH homes for sale. As your real estate agent, I can identify properties that you may consider. Information I will obtain includes:

• Is the seller's short sale package prepared for submission to the lender?
• How many liens are on the property? If more than one, what are they?
• Is there a plan to satisfy all the lien-holders?

Don't take yourself out of the market for a property that has no chance of closing.

Negotiating the Offer

The first step is to have your offer accepted by the Seller and you will be competing against other contracts. Real estate agents often list the property at a low value to encourage multiple offers. Others offer the property at the bottom of fair market value. Price, terms and your qualifications will be the deciding factors for Seller acceptance. Sellers and lenders prefer "clean" contracts without contingencies.

• Earnest Money - Sellers may be hesitant to accept your offer with a low deposit. Buyers can easily "walk away" from a contract with low deposits. If you are serious about buying the property offer the Seller a strong deposit.
• Home Inspection - be prepared to invest the time and money in the home inspection prior to lender approval. A seller may not want to take the risk of allowing the inspection after lender approval. The buyer can easily "walk" from the home inspection and lenders normally will not approve them.
• Flexible Closing Date - once the lender approves the offer, they may require a "quick" closing. You must be prepared to meet their conditions if you want to consummate the sale.
• Subsequent Offers - the listing agent must submit all offers to the Seller. A contract with a higher sales price may have a better chance at being approved by the lender. The lender will give the homeowner direction as to submitting additional offers. In addition, arrange for your lender to lock your interest rate for your mortgage so that you qualify whenever the closing is required.

Lender Approval

Lenders have no set formula for determining the value of the property other than to substantiate values through due diligence. However, Freddie Mac (one of the largest secondary market lenders) has a target sales price of 88% of one or more broker price opinions (BOP). Have realistic expectations of the approval process as it may take between 30-180 days and property values can change. If the lender and the Seller are participating in the HAFA program, these timelines will be streamlined for a quicker response.

Virtual Homes Real Estate agents can assist you with Jaffrey NH short sales, foreclosures and MLS listings currently on the market. Please call us at 800-856-2479.

Swanzey New Hampshire Foreclosures, Short Sales and Bank Owned Homes for Sale

Purchasing property at a foreclosure auction has many risks to a potential buyer and in most cases the bank will bid and take possession of the property at the auction. The property is then referred to as bank owned, REO (real estate owned) or foreclosed property.

A home owner may attempt a "short sale" whereby the bank agrees to accept less than the mortgage balance based on the owner's hardship and financial status. Obtaining approval can be a long and difficult process. Additionally, there is no assurance that the lender will accept an offer at or above the listed price.

Register at Swanzey NH foreclosures (bank-owned) listings and short sale opportunities. We will contact you and provide:

• A list of existing real estate foreclosure (bank-owned) and short sale listings.
• Email alerts on NEW foreclosure (bank-owned) and short sale listings in the NH MLS.
• Address and mapping information.

For community information including school reports, demographic, relocation, home buying and selling information go to Swanzey NH real estate.  Swanzey NH condominiums will provide access and information about condos available for sale.  For a map based view of active listings, go to Swanzey NH MLS map search.

Swanzey bank-owned and short sale listings are often marketed with a real estate agent and placed in the New Hampshire Multiple Listing Service (to ensure full market exposure).  To search the NH MLS listings visit Swanzey NH MLS listings.

Virtual Homes real estate agents provide home buying and selling services. Please call 800-856-2479      end_of_the_skype_highlighting for information for assistance with Swanzey NH foreclosures and bank owned homes for sale.

Jaffrey, New Hampshire Real Estate and Homes for Sale - All MLS Listings

The Jaffrey NH real estate and home buying process can be complicated and you will benefit from the guidance of industry professionals. A real estate buyer's agent, mortgage lender and an attorney are the primary advisers in the purchase of Jaffrey NH homes for sale. If you are a first-time home buyer or an existing owner, you may qualify for a tax credit and could be eligible for special financing programs. On November 6, President Obama signed legislation expanding the program to include a $6500 tax credit for qualifying existing homeowners.

Start your search be determining your price range, housing needs and lifestyle you desire. Jaffrey NH real estate site heps you in finding the right property to meet your needs from local area homes for sale, foreclosure listings (bank-owned), country properties, land, condominiums and equine facilities -- all through the NH Multiple Listing Service (MLS). Request relocation, school and demographic information. Visit Jaffrey NH foreclosures for a list of foreclosed and bank owned property.

The New Hampshire home search is easy with "quick search" options to search for NH real estate. Let us assist you in finding the property that meets your needs. Virtual Homes real estate agents can assist you in your search for the perfect home (800) 856-2479. You may also visit Jaffrey NH MLS homes for sale to access the New Hampshire MLS system for a map based view of all listings.

New Hampshire Foreclosures and Bank Owned Homes - Register to receive NH foreclosure (bank-owned) listings and short sale opportunities.

NH Home Search Service- Home search is a web-based real estate software tool (MLSpulse) that keeps you continually informed of your local real estate market. Virtual Homes real estate provides access to Jaffrey NH real estate and homes for sale, as well as relocation and town information in New England states. Visit MA real estate, New Hampshire real estate, NH MLS map search and NH foreclosures for search tools in New Hampshire.

Jaffrey, New Hampshire Foreclosures, Short Sales and Bank Owned Real Estate

Purchasing a home at a foreclosure auction has many risks to a potential buyer and in most cases the bank will bid and take possession of the property at auction. The property is then referred to as bank owned, REO (real estate owned) or foreclosed property.

A home owner may attempt a "short sale" whereby the bank agrees to accept less than the mortgage balance based on the owner's hardship and financial status. Obtaining approval can be a long and difficult process. Additionally, there is no assurance that the lender will accept an offer at or above the listed price.

Register at Jaffrey NH foreclosures (bank-owned) listings and short sale opportunities. We will contact you and provide:

• A list of existing real estate foreclosure (bank-owned) and short sale listings.
• Email alerts on NEW foreclosure (bank-owned) and short sale listings in the NH MLS.
• Address and mapping information.

For community information including school reports, demographic, relocation, home buying and selling information go to Jaffrey NH real estate. Jaffrey NH condominiums will provide access and information about condos available for sale. For a map based view of active listings, go to Jaffrey NH MLS map search.

Bank-owned and short sale listings are often marketed with a real estate agent and placed in the New Hampshire Multiple Listing Service (to ensure full market exposure). To search the NH MLS listings visit Jaffrey NH MLS listings.

Virtual Homes real estate agents provide home buying and selling services. Please call 800-856-2479 for information.

Go to Virtual Homes MLS for a map based search of all MLS listings of NH and Massachusetts real estate. Vist NH Homes for Sale and MA Homes for Sale for direct MLS access to all listings. To obtain school, demographic, commuting, relocation, home buying and selling information go to New Hampshire real estate, For information regarding foreclosures visit Massachusetts foreclosures, New Hampshire foreclosures and Connecticut foreclosures.