Pittsfield, NH

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

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.

To search the NH MLS listings visit Pittsfield NH MLS listings.

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.

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).

Register at Pittsfield 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 Pittsfield NH real estate. Pittsfield NH condominiums will provide access and information about condos available for sale. For a map based view of active listings, go to Pittsfield NH MLS map search.

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, Massachusetts real estate, Connecticut real estate, Maine real estate and Rhode Island real estate.

For information regarding foreclosures visit Massachusetts foreclosures, New Hampshire foreclosures and Connecticut foreclosures.

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

Now that the Home Inspection had been signed off on ....we decided it was possible to see if we could find a new home an an affordable range that our new circumstances dictated.

Since we had a closing date of January 15th we figured we had about a week to find something. If that didn't happen we were going to rent for a while. So armed with our pre-quals...we headed off into the world of foreclosures!

I can't even describe some of the properties we saw. Most were either so old or in such bad shape...they weren't worth fixing up. The others had been "rehabbed" and the work had to be undone before you could....move on!

We had been looking at smaller homes but a Foreclosure with a price reduction came up on the MLS. Situated in the Village of Pittsfield NH, a Victorian Colonial (1865) In this style house the first and second floors are usually a mirror image. This would give us the option of doing over the first floor from scratch for us and making a second apartment for income on the second.

It had high ceilings, hardwood floors,baths up and down a beautiful lot and was within walking distance to the center of town!

We decided to make an offer. I will say I was pleasantly surprised at the quick responses with offer/counteroffer. We had a heating and plumbing contractor check the systems as best he could with all shut off and meters removed. The house had been winterized, but not properly, and there was pipe damage to the tune of $7,000. We felt the cost was worth the final product.

The hang up came with the appraisal. The appraisal came in at about 20 thousand less ($75K) than agreed upon Selling price ($93K).

I sent in an addendum for a commitment extension and a new price plus a copy of the full appraisal.

And so ....the waiting game began!

Concord NH Realtor

Pittsfield NH is a small town about 30 minutes from Concord. Simply travel North on Route 28...you can't miss it!

Every August the town celebrates its biggest event. Pittsfield's Hot Air Balloon Festival draws people from all over the region. It is a very large rally that also has rides, food vendors, crafts and Fireworks. And, depending on the weather...you may be able to take a ride (tethered of course) and there could also be hellicopter rides!

The biggest gamble is the weather. The balloons take quite a long time to inflate so everyone hopes for a calm and sunny day.The launches are usually planned for very early AM or late afternoon when the air currents are calmer.

If you are in the area...be sure to attend next years Fest....they've already started the planning!

GETTING READY TIME'S A WASTIN

WE"RE ALMOST THERE UP UP AND AWAY

Theses pictures are from a few years ago. Unfortunately this year Mother Nature didn't co-operate!

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Concord NH Realtor Area Information