Knowing the finance programs that can help you...

So many buyers are unaware of the different programs that are available to them. I hear so often how they have no money for a down payment or closing costs and I tell them of Rural Development where they can buy a home for no money down and closing costs paid.

FHA, they can do for 3% down and have up to 6% of their closing costs paid for... Better yet NHH (New Hampshire Housing) has a credit program where you can purchase for as little as 1% down.

These are just a couple of the programs available to buyers right now, you see they are programs to help those who may not be able to purchase due to some form of constraint, and they do not even know they exist.

The big thing is to find a Mortgage Officer who is a true professional and knows the programs available today! If you wonder if there is a program that works for you, please do feel free to call or email and I can let you know of some great loan officers.

Why did I do this post? It is because the bank owned properties are coming to an end, the housing market is improving and the interest rates are low. I so want people to take advantage of this during this time period in history and look back not only having the pride of home ownership, but equity.

James "Marking Maniac" Goddard
Coldwell Banker Residential Brokerage
603-673-4000 ext 236
603-589-6900 (direct line)
James.Goddard@NeMoves.com

Buyers be ready for September...

We already know there are great buys in the Real Estate market right now, but most are not aware of how much the market has increased in Southern NH so far this year. In Hillsborough County for the first 6 months of 2013, single family home sales are up almost 24% compared to 2011 (data is from the Northern NH Real Estate Network our MLS system).

With sales increasing that much so far, you can understand why prices are not only stabilized, but some price points actually increasing. However, why is September so important?

Historically what happens in September is the sellers start to panic. They had expected their home to sell during the Spring/Summer market, and now are faced with the prospect of being in their home for another winter. What this means is September is a month of price reductions almost like no other month in our marketplace.

Get yourself pre-approved and ready to take advantage of this, if you want to know the names of some great local loan officers feel free to email Jim@FreedomForaDay.com or call me (603) 589-6900 (direct line).

James Goddard
REALTOR
Coldwell Banker Residential Brokerage Amherst NH

Rebuilding Your Credit Scores....

A program is out there right now that has helped people raise their credit scores by as much as 100 points in 90 days. So many have been/were effected by the downturn in the economy, so computer programs were created that help people get back to where they used to be with their credit scores and be able to purchase these bank-owned properties that are such great buys.

If you are interested in speaking to a real person right here in NH that has had unbelievable success with this and can help you get back on track simply email or private message me. I highly reccommend him for what he has done for some of my clients already.....

James Goddard
589-6900 (direct line)
James.Goddard@NeMoves.com

Darren Hardy owner of Success magazine....

Beat the spring market!

Most think the spring market is April-June, however the April sales are properties that went under agreement in February and March. Each year I encourage people to get their homes marketed in January or February at the latest, and here are the two main reasons:

1)      There is reduced competition (not as many homes on the market)

2)      Buyers looking at homes in January and February are looking because they “need” to buy.

Most sellers do not want to come on the market in the early months because they want to wait until the home shows the best (green grass and flowers growing), and not wanting people to track mud into their home.

If you are thinking of selling in 2013, it would be wise to strongly consider getting on the market right away.

For a free computerized market analysis, or to have me walk through your home to let you know what you can do to make your home more marketable, simply call or email today.

James Goddard

Coldwell Banker Residential Brokerage

James.Goddard@NeMoves.com

Author of 101 Ways to use Social Media in Real Estate
603-589-6900 (direct line)

P.S. I have spoken in over 25 states on aggressive Real Estate marketing techniques in today’s marketplace. I have however retired from the speaking circuit to devote full time to Real Estate again.

Kristi Frank of Trumps first season of Apprentice.

$2,000 housing credit...

And hardly anyone knows about it... The state of NH is actually going to give you up to $167.00 a month to help you buy a home. Not only that, but you can buy a home for as little as 1% down with them right now.

This program is new, and the cost to it is only about $250.00 if you do it before April 1st. Not all banks and mortgage companies are doing this program so if you are interested send me a message and I will let you know what ones are.

On another note, the bank-owned properties out there are such buys during this time of the year, if you are wanting to buy or invest email me at Jim@FreedomForaDay.com and I will set up the computer to email you the best ones automatically.

Thought it would be fun to get my Mike Shanahan photo in :)

 

James Goddard

Coldwell Banker Residential Brokerage

603-589-6900 (direct line)

Government Helping Those That Usually Can't....

In an effort to stimulate the housing market, and to help those who usually would not be able to purchase a home USDA (google it) has a no money down, and finance your closing costs program to help Rural America.
So what does one need in order to take advantage of this program?
1) A child :)
2) Be within certain income limitations
3) Live in a town of less than 20,000 people.
4) A credit score that is good (not perfect, but good, 640 is what they desire but do ones of lower scores on a case by case basis).
This program along with the low prices we currently have and low interest rates makes it by far one of the greatest time periods in history to purchase. Imagine a $150,000 loan with a principal and interest payment of only $694.67 (based on 30 year and 3.75% interest).
With with so many bank owned properties in Southern New Hampshire selling for well under the $150,000 price why is it that more are not taking advantage of this program? Mainly because they are not aware of it!
For a list of bank-owned properties in your area (or for a list of Banks/Mortgages Companies that offer this program, because not all do)  simply email me at James.Goddard@NeMoves.com or call my direct line at 603-589-6900.
Make your Christmas even merrier this year with your own home...

James Goddard
Coldwell Banker Residential Brokerage
603-673-4000 ext. 236

Is it time to buy a home?

In terms of a time period in history that would be good to buy, it certainly is now! If you trace back history and Real Estate, you see the trend of 4 years of values going up, 4 years down, and 4 years flat.

In southern NH we are 7 years into that cycle. What that means is, historically we should start to see values starting to go up (ever so slightly at first) in the next 18-24 months, which means NOW is the time to buy.

Having traveled the country speaking for the last 3 plus years, I have seen areas in the last 9 months that are really starting to come to life. Clarksville TN is starting to boom with New Construction, and in the Dallas Tx. Area, the investors are finding it harder and harder to find great deals because they have been drying up. I can name many other areas, but this gives you an idea.

Bottom line, if you are able to purchase property right now, do all that you can in order to do such.

Best advice I can give if you are thinking of buying…. Is to make sure you get pre-approved for a mortgage first. Getting pre-approved makes you almost a cash buyer, and keep in mind there is a huge difference between “pre-qualified” and pre-approved.

If you want or need the contact data for a great loan officer, just let me know.

James Goddard

603-589-6900 (direct line)