Eastman Real Estate Blog

The probability of finding Eastman Real Estate that will work for you could not be greater. As of this post

Fall Morning Mist On Eastman Lake

(3/30/10) there are 90 homes currently on the market in the Eastman Community. Since it is very early in the spring season I expect over the next few weeks, we will break 100 homes for sale.

If you are a buyer this is great news! To be able to have a choice or several choices of quality homes in your price range is something that rarely happens. Over the past few years buyers have been lucky with this gift of choice. This year could be the best ever for choice. I think that sellers patients are running out and and trying to ride out the down market is just taking to long.

Buyers should be embracing this opportunity not questioning it! A few years ago buyers were buying a house just because if they didn’t someone else was right behind them waiting to put their money down. Most buyers in the early 2000′s didn’t even like the home they were buying with out saying, “we can change this or fix that”.

What about waterfront? Everyone would love to own on the water if they could. A few years ago there just wasn’t many homes to choose from. The properties that were for sale had huge price tags on them. Now there is affordable choice. Just around Eastman Lake there are several options for homes. Water front condos are available also with several options to choose. If condos are something you might be interested in than there are 32 available units to look at. All but two of them are priced under $300,000. There are some water front units priced under $225,000

The choice is yours!

Now offering a free service about home values.

If your a seller that wants to see how their house compares to others that are currently on the market or a buyer wanting to compare a house you are considering buying, this is a great tool. Just follow the steps and within minutes you will receive a detailed report of what is actively on the market or recent sold properties that compare to data that you entered.

This is really easy to do, give it a try. TRY IT

Now that the Eastman Community is about to start the new fiscal year, I have the Eastman Ownership Fees for the 2010-2011 fiscal year.

The Eastman Community Association Fee went up $120 this year. I have not seen a break down in the budget to see where the increase comes from. However if you look at the amenities that the community offers, the privilege to live here is still rather inexpensive.

802 Covered Bridge Ln

Are you looking for waterfront? Do you need space? This unit has both.

A free standing Webster style unit with just under 2000 square feet. Three total bath’s, a full on the main and second floors and a 3/4 bath on the lower level. Two of the three sliders will be new within the next few weeks. There is a bedroom on each level which is great for kids or visiting guests.

This unit is in move in condition! Carpets have been replaced, paint is fresh, kitchen and bath updates. All you need to do is show up and enjoy the lake!

For more info click here.

This morning was a dark and dreary so I decided to look for some things to do as we are in-between seasons.

The snow is melting, rain and drizzle are in the air. It’s just not fun to be outside. The good thing about today is what I found. I found a great list of 100  Things To Do In The Upper Valley. I don’t remember when I got this list or where it came from what an exciting list it is!

This list isn’t something you can do in one day or even a month, but a list that can be used year round. Indoor and outdoor, summer and winter. There’s something on the list for everyone.

Take a moment and print it, save it in a place where you can find it and have a great time!

Looking for something to do when the snow is dissipating rapidly and yet it’s still a bit cold out side? The outdoor activities have been canceled for this weekend but there are still a few options. Things To Do In Eastman

If your looking to do things outside of Eastman, there is still plenty of skiing at MT Sunapee. Have you tried Grantham Indoor? Driving golf balls or playing a round of golf on their indoor simulators is a great time.

Try this link for activities in The Upper Valley. This is more general information but it’s a good place to start.

I was on a listing appointment the other day and the seller asked me “What will it cost to sell our Eastman Home?”

So I broke out my computer and pulled up my most recent settlement statement or more commonly referred to as a HUD statement.

The biggest expense that a seller has is the commission paid to the Real Estate Broker. I know it’s expensive but there is an unbelievable amount of work that goes into selling a property. After the commission the next biggest expense would be the New Hampshire State Transfer Tax. The rate is 1.5% of the sale price usually split between the buyer and seller. Let’s take a $300,000 sale price. Multiply buy 1.5% and divide by two and the buyer and seller would pay $2250 that goes to good old New Hampshire.

Legal fees usually are not much for a seller. The seller has the deed prepared and barring any unusual circumstance the cost runs about $125-150. Town taxes can vary widely depending on the date of closing. Some time a seller will get a credit back for pre-paid taxes and other times they will have to pay in. Like I said it all depends on the date of closing and the tax billing cycle.

Most closing the seller will see a credit or money coming back to them for fuel in storage. If you use oil or LP Gas and there is fuel in the tanks, the buyer will reimburse the seller for that fuel. Association fees are another credit back to the seller. If you live in a community like Eastman, sellers will get money back as long as their dues are paid in advance.

And of course if there is a mortgage balance, the balance must be paid in full at the time of transfer. The mortgage is secured as a lien on the property and is recorded at the County Registry. This really isn’t an expense but a settling of debt.

This might not be the entire list of expenses for all property transfers but for the basic home or condo, this should give most sellers a good idea of what to expect.

The town of Grantham and the community of Eastman NH are going to get a town wide reassessment. The process is underway but will really take off after town meeting. Both new construction and recently sold homes are going to be the focus and will be the basis for all properties in the town.

For the full details down load the News Release PDF issued by the town.

Looking for something to do while visiting Eastman? This week we have Jason Cann at the Bistro Friday night from 6-9pm. Sat March 6th is the big trip to the Trapp Family Lodge for a day of cross country skiing.

Still want more, Things to do in Eastman 3-4-10 we help you find what you are looking for.