McClintick Real Estate, Inc.



Posted by McClintick Real Estate, Inc. on 10/18/2018


702 Daniel Webster Highway, Merrimack, NH 03054

Commercial

$175,000
Price

2.01 acre vacant lot. Zoning is C-2. (General Commercial Zone). A variety uses are allowed. A variance for a Contractor Yard and a special exemption for a Single Family home have already been granted by the town. Many other uses would be possible. Curb cut already on property. Town water and sewer at the street. Just minutes to exit 12 or airport exit off Everertt Turnpike. Listing agent has personal interest in the property
Open House
No scheduled Open Houses






Categories: Price Change  


Posted by McClintick Real Estate, Inc. on 10/18/2018

In a high competition market, you may be tempted to do whatever you can to entice the seller to accept your offer. Buyers write offer letters, provide large down payments, or waive the inspection. Sometimes, this strategy includes removing contingencies from your contract. 


Beware. Removing contingencies can easily become a nightmare for you as a buyer. Certain contingencies should be kept no matter how much you think you should waive them for enticement. 


The Home Inspection Contingency


This contingency is basically universally recommended by realtors everywhere. This contingency allows you to get a licensed home inspector who will check the property. The inspection typically should be done about 7 days from the time you sign the purchase agreement for the home. 


Following the inspection, you as the buyer can request that the seller make certain repairs. The seller can either make the repairs or provide a counter offer. If youíre not satisfied or cannot reach an agreement, you can back out of the deal and still get your money back. 


Without this contingency, youíll never know whatís wrong with the home until you move in it. Itís a huge risk to take to move into a home without understanding all of its moving parts. Is the roof stable? Has the basement flooded? Will the appliances last? There are plenty of questions that you might have about a home that can be answered simply through an inspection. 


Financing Contingency


This is an important contingency. Your offer on the property will depend on being able to get the financing you need to purchase the home. With this protection in place, in the event that you canít get a loan, youíll get your deposit on the home back. Be sure that the clause specifies the number of days that would be recommended by your lender to have the mortgage approved.   


Appraisal Contingency


This could be the most important contingency of all. This protection could possibly save you thousands of dollars of a headache. Once an offer is accepted on a home, youíre far from done. The lender will typically order an appraisal. If the appraisal comes in lower than the offer you made on the home and agreed to pay, you may have some problems. 


The lender will only lend you what the house is worth. If the appraisal comes in lower, youíll need to make up for tens of thousands of dollars out of pocket. Make sure you have an appraisal contingency included in your contracts!  


As you buy a home, remember how important contingencies can be in the process.            




Categories: Uncategorized  


Posted by McClintick Real Estate, Inc. on 10/11/2018

If you're currently renting an apartment or house, it makes good financial sense to consider becoming a homeowner in the foreseeable future. There are pros and cons to owning your own home -- and it's not for everyone -- but for most people, the advantages far outweigh the disadvantages.

An exception would be if your job requires you to relocate frequently. In that scenario, the potential benefits of building up equity in a home would be greatly diminished.

On the other hand, if you plan on staying put for more than a few years, then the tax benefits and investment value of owning real estate could put you on a stronger financial track than if you continued shelling out your hard-earned money to a landlord. You've probably heard the argument before: "If you pay rent, you have nothing to show for it at the end of the year". However, when you buy a home, an increasing portion of your monthly payments is applied to your actual ownership of the property (as opposed to how much you owe the bank).

Tax Advantages of Home Ownership

In most cases, you can deduct all of your home mortgage interest from your federal tax returns, according to the IRS. More specifically: "The only costs you can deduct are real estate taxes actually paid to the taxing authority, interest that qualifies as home mortgage interest, and mortgage insurance premiums."

However, since everyone's financial situation is different and there is no "one size fits all" approach to financial management, it's always best to consult with an experienced CPA, enrolled agent, or knowledgeable tax preparer. There may be other tax benefits you could qualify for as a homeowner, too, including getting tax credits for installing a solar energy system. The government's Energy Star program says tax credits on new solar energy systems are available through the year 2021.

Getting the Process Underway

Two key steps to becoming a home owner are finding out your credit score and meeting with a mortgage lender to determine how much of a real estate loan you could qualify for. An experienced real estate agent can also provide you with a wealth of guidance and information on how to become a homeowner. They can fill you in on many of the exact steps, requirements, and advantages of buying your first home. A buyers' agent can also help you assess your readiness to take the plunge into home ownership.

In addition to finding out your credit score, which will impact your mortgage interest rate and the type of loan you may qualify for, other vital information can be gleaned from a detailed personal budget. Although the amount of rent you now pay will provide some insights into your potential house-buying budget, there are a lot of variables which will impact how much of a mortgage you could comfortably afford.





Posted by McClintick Real Estate, Inc. on 10/9/2018


4 Blackstone Court, Merrimack, NH 03054

Condo

$168,500
Price

3
Bedrooms
7
Rooms
2/1
Full/Half Baths
Updated townhouse condo with 3 bedrooms and 2.5 baths. Newer kitchen and baths. Huge master bedroom with walk-in closet and 3/4 bath. Hardwood floors in living room and dining room. Deck off living room and 2nd bedroom. Family room in finished basement. All appliances included. FHW heat. Pets friendly. Development is approved for VA financing. Available for quick closing.
Open House
No scheduled Open Houses






Tags: Merrimack   Real estate   Condo   03054  
Categories: New Homes  


Posted by McClintick Real Estate, Inc. on 10/5/2018

This Condo in Manchester, NH recently sold for $229,500. This Cape style home was sold by - McClintick Real Estate, Inc..


22 Old Wellington Road, Manchester, NH 03104

Condo

$229,500
Price
$229,500
Sale Price

3
Bedrooms
6
Rooms
1/1
Full/Half Baths
Beautifully maintained and updated 3 bedroom, 1.5 bath detached condo in small development. Open floor plan is perfect for entertaining. Kitchen features granite counters, stainless steel appliances, center island and tile flooring. Hardwood flooring in living room. Large full bath with tile flooring. Big bedrooms. Family room in finished basement. Large deck off kitchen sliders overlooks private fenced backyard. Brick patio offers another bonus in the backyard. Nice location for your fire pit. Economical natural gas heat and on demand hot water. Central vac and security system. New driveway offers plenty of parking. Dead end street. Low condo fee. Great commuter location. Just minutes to I-93, route 101 and I-293. Golfers - You can walk to Derryfield Country Club. Home shows fantastic and won't last. Listing agent related to seller.






Tags: Real estate   Condo   03104   Manchester  
Categories: Sold Homes