Berlinnhrealestateblog.com

What is the difference between market value and appraised value?

The appraised value of a house is a certified appraiser's opinion of the worth of a home at a given point in time. Lenders require appraisals as part of the loan application process; fees range from $200 to $300. Market value is what price the house will bring at a given point in time. A comparative market analysis is an informal estimate of market value, based on sales of comparable properties, performed by a real estate agent or broker. Either an appraisal or a comparative market analysis is the most accurate way to determine what your home is worth.

What is the difference between list price, sales price and appraised value?

The list price is a seller's advertised price, a figure that usually is only a rough estimate of what the seller wants to get. Sellers can price high, low or close to what they hope to get. To judge whether the list price is a fair one, be sure to consult comparable sales prices in the area. The sales price is the amount of money you as a buyer would pay for a property. The appraisal value is a certified appraiser's estimate of the worth of a property, and is based on comparable sales, the condition of the property and numerous other factors.

How is the price set?

It's very important to price your home according to current market conditions. Because the real estate market is continually changing, and market fluctuations have an effect on property values, it's imperative to select your list price based on the most recent comparable sales in your neighborhood. A so-called comparative market analysis provides the background data upon which to base your list-price decision. When you prepare to sell and are interviewing agents, study each agent's comparable sales report (the data should be no more than three months old). If all agents agree on a price range for your home, go with the consensus. Watch out for an agent whose opinion of value is considerably higher than the others.

 For more information contact one of our REALTORS@ today. Berlin NH Office (603) 752-0003. Littleton NH Office (603) 444-3069.

Relay For Life of Berlin/Gorham
Friday, June 18, 6pm - Saturday, June 19, 9am 2010 at Edward Fenn Elementary School, Gorham NH

Our Reason to Relay

Fighting cancer is a team effort. The impact we can make together is much greater than what any of us could do alone.

At the American Cancer Society Relay For Life, our team will camp out overnight and take turns walking around the track to raise money and awareness to help the American Cancer Society save more lives from cancer. By joining or donating to our team, you will be a part of a life-changing event that gives everyone in the community a chance to celebrate the lives of people who have battled cancer, remember loved ones lost, and fight back against a disease that takes too much.

Please make a donation, or join our team and help us create a world where cancer can no longer claim another year of anyone's life.

Join Our Team, Donate To Our Team & Create your Luminaria. Visit our Team Page RE/MAX Northern Edge Realty 

Team Page: www.teamner-relayforlife.com

Too Create Your Own Team please Click Here!

 

 

RE/MAX CEO Margaret Kelly explains how homeowners can avoid foreclosure with the newly announced government short sale plan. Enjoy this video. For more information on avoiding foreclosures & Short Sales contact a REALTOR@ with RE/MAX Northern Edge Realty today! Berlin NH office (603) 752-0003. Littleton NH office (603) 444-3069.

Considering a Home Purchase?: While the Internet is a valuable tool for homebuyers, it can't replace the expertise of RE/MAX Associates. Nothing trumps the training available to RE/MAX Associates through RE/MAX University. Buyers should put that RE/MAX knowledge to work for them. RE/MAX Associates lead the industry in short sale and foreclosure qualifications, and know how to work with first-time buyers. For more information on purchasing a home please contact a REALTOR@ with RE/MAX Northern Edge Realty. Berlin NH Office (603) 752-0003. Littleton NH Office (603) 444-3069. Visit RE/MAX Northern Edge Realty Online At TEAMNER.COM

Dear Home-Owner,

RE/MAX Northern Edge Realty celebrates their 6^th year anniversary this month! In six short years, thanks to the people of Coos County, NH RE/MAX Northern Edge Realty has become #1 in total sales volume!

Let's talk about Berlin NH Real Estate. Since 2007 RE/MAX Northern Edge Realty has become #1 in total sales volume in Berlin NH and in 2009 out sold the other local real estate agencies by double sometimes triple! WE JUST DON'T LIST HOMES, WE SELL THEM!

Agents with RE/MAX Northern Edge Realty will work with you and devise a plan to get your home sold for full market value in a reasonable amount of time.

Don't list your home with just anyone, list your home with the #1 Sales Team in Berlin NH!

Contact one of our sales agents today (603) 752-0003 or stop by our centrally located Berlin NH office. Ask them about Our Giving Back Campaign or us online at TEAMNER.COM to find out more.

Thank you for your time.

Sincerely,

RE/MAX Northern Edge Realty

Visit us online at www.TEAMNER.COM

Team NER stands for Team Northern Edge Realty

 

(based on Coos County mls statistics obtained from the Northern New England Real Estate Network for the period 01/01/2007 through 01/01/2010)

Short Sale vs. Foreclosure: Which is the Better Option?

Losing your home to foreclosure due to an inability to keep up with your monthly mortgage payments is one of life's most unpleasant experiences. It is also an event that keeps on affecting you long after your home is history by devastating your credit score. Regrettably, most people cannot be 100% sure that they will remain safe from foreclosure because they can't foresee the unexpected. Occurrences such as serious illness, a major accident, divorce or job loss can happen to anyone. So it's a good idea to understand the available alternatives should the worst occur.

Of all available options, foreclosure is the worst

The inevitable result of a foreclosure is the lender taking your house. Not only will you lose your house, but the lender can get a judgment against you for the arrearages you owe plus his costs for the foreclosure action. If that isn't enough, your credit report will be in terminal condition for many years to come, worsening an already bad financial situation and making it very difficult to obtain any other kind of credit. There is no upside to foreclosure. It should be avoided at all costs.

Consider a short sale when foreclosure seems inevitable

A short sale is a popular option for homeowners mired down with financial problems. In this case, you would sell your home for less than what you owe your lender; the biggest problem you will face is getting your lender to agree to a short sale. In many situations, they will not. Experts advise pursuing this option the minute you realize that you are falling behind in your payments and most likely won't be able to catch up. The longer you wait and the greater the amount you are in arrears, the less likely it becomes that your lender will even be willing to discuss a short sale.

short sale has disadvantages too

While a short sale will save you from foreclosure, it will also have a negative effect on your credit score, frequently lowering it by as much as 200 points. This can be overcome more quickly than the black mark of a foreclosure, especially if you manage to retain one or two credit cards and keep them current. Perhaps equally distressing, the Internal Revenue Service frequently deemed the difference between the mortgage balance and the amount realized from the short sale to be taxable as income despite the fact that the debtor never saw a dime of it. There is new federal legislation called the Mortgage Forgiveness Debt Relief Act 0f 2007 that just went into effect on January 1st, 2008. The new act essentially eliminates this problem.

Almost any option is better than foreclosure

Simply stated, do everything you can before foreclosure occurs and do it as quickly as humanly possible. Don't sit back and keep thinking, "What can I do?" Instead, consider that short sale and check with your lender before your options become more limited.

The One Best Tip I Can Give You: Don't Do This Alone

Dear home-owner,

I successfully short sold my house, and the single biggest reason was my real estate agent. Having someone who could work on my behalf was incredible. Facing foreclosure is a scary thing, I know, I was about a month away from losing my home before I got my short sale done.

Don't just get any real estate agent to help you! Matt had lots of short sale experience, and it made all the difference. He knew who to talk to, when to talk to them, and how to handle all the paperwork to get the deal done.

R. Christopher

You Need An Experienced Short Sale Agent!

It's one strike against you if the listing agent has never handled a short sale, but it's even worse if your own agent has no experience in that arena. You need an experienced short sale agent.

An agent with experience in short sales will help to expedite your transaction and protect your interests. You don't want to miss any important detail due to inexperience or find out your transaction is not going to close on time because no one has followed up in a timely manner. I have the experience and I currently have a 100% success rate in working Short Sales in the area. If time is of the essence, contact Matt Martel of REMAX Northern Edge Realty today! (603) 723-0521 or email matthewmartel@remax.net

Dear Home Owner, If you or someone you know are facing foreclosure, and have exhausted all other options you may need to sell. If you have little equity in your home it could be discouraging, but don't worry, it is not a problem.. sometimes a short sale is necessary to avoid foreclosure. (A short sale is when the bank accepts less than what is owed on the property ). I have experience and relationships with the banks to help you accomplish the sale to avoid having a foreclosure added to your credit report. If Foreclosure is looming, Hire an Agent with Short Sale Experience. It's one strike against you if the listing agent has never handled a short sale, but it's even worse if your own agent has no experience in that arena. You need an experienced short sale agent. An agent with experience in short sales will help to expedite your transaction and protect your interests. You don't want to miss any important detail due to inexperience or find out your transaction is not going to close on time because no one has followed up in a timely manner. I have the experience and I currently have a 100% success rate in working Short Sales in the area. If time is of the essence, contact me today! (603) 723-0521. I can help you and I’m only a phone call away (603) 723-0521. Contact me for a free & confidential consultation. Live in your home payment free until it sells! Together we can stop the foreclosure process and stop any bank auction. If time is ticking contact me today, you’ll be glad you did. (603) 723-0521. Sincerely, Matthew Martel RE/MAX Northern Edge Realty

Did You Know?

Did you know that only NINE Homes SOLD in Berlin NH in 2009 For $100,000 or more?

Did you know that sales agents with RE/MAX Northern Edge Realty SOLD Eight of those Nine Homes?

 Did you know that ninety-three Homes SOLD in Berlin NH in 2009?

Did you know that sales agents with RE/MAX Northern Edge Realty SOLD sixty-nine of those Homes?

Aggressive Marketing & Realistic Pricing

Will get your home SOLD!

If your serious about selling your home, contact a sales agent with RE/MAX Northern Edge Realty & start packing today!

RE/MAX Northern Edge Realty. 232 Glen Avenue Berlin NH 03570 (603) 752-0003.

Visit us online at TEAMNER.COM

(based on Coos County mls statistics obtained from the Northern New England Real Estate Network for the period 01/01/2009 through 01/01/2010)

 

Whos' #1 in total sales $ volume in Coos County, NH? Well it all depends on how you look at it. RE/MAX Northern Edge Realty just had it's 6th anniversary in our Berlin NH location. 6 years would be the year 2004 and since 2006 RE/MAX Northern Edge Realty is #1 in total sales $ volume in Coos County, NH.

Thank you Coos County for making us #ONE!

Thank you Berlin-Gorham NH for making us #ONE!

Other Berlin agencies may claim they are #1 but ask them to prove it. They can't. Sure they can go back over the years and claim they are #1 but ask them to show you how they are doing since RE/MAX Northern Edge Realty began marketing property in the area.

To be honest we are tired of going back & forth regarding this matter. Visit our Berlin NH office located on 232 Glen Avenue or contact one of our top producing sales agents to show you the facts, the figures & graphs.

We would be happy to sit down with you and view the data first hand using the same computer program/MLS that the other Berlin agencies pull their information. It's simple and will only take a few minutes. You will be glad you did.

Again get the facts, Visit RE/MAX Northern Edge Realty today! (603) 752-0003.

(based on Coos County mls statistics obtained from the Northern New England Real Estate Network for the period 01/01/2006 through 02/09/2010)

 

RE/MAX Agents Giving Back in 2010

Beginning January 1st 2010 Associates at RE/MAX Northern Edge Realty donate a portion of every transaction to either the Children's Miracle Network or Susan G. Komen for the Cure®. As a service to our our clients they have an option to choose where they would like this donation to be awarded. There's a special relationship between the RE/MAX organization and the Children's Miracle Network that goes far beyond the similarities of our logos. Since RE/MAX became the Children's Miracle Network's exclusive real estate sponsor in 1992, our associates and broker/owners have raised more than $75 million to help this charity treat critically ill children around the world. In fact, CMN-affiliated hospitals treat 17 million children each year for every disease and condition imaginable - including cancer, pediatric AIDS, muscular dystrophy, sickle cell anemia, birth defects, asthma and accidents. Miracle Home RE/MAX has always been about more than selling homes. Our offices are run by thousands of professionals who live in and give back to the communities in which they work everyday. As the exclusive real estate sponsor to the Children's Miracle Network, we have the privilege of assisting an international non-profit organization that serves 170 children's hospitals to help provide life-saving care to children, 24 hours a day, 365 days a year. In fact, CMN-affiliated hospitals treat 17 million children each year for every disease and condition imaginable - including cancer pediatric AIDS, muscular dystrophy, sickle cell anemia, birth defects, asthma and accidents. Why list your home with a RE/MAX Sales Associate? When you list with a RE/MAX Miracle Home Agent, your home will be designated as a "Miracle Home" and your sales associate will make a contribution on behalf of your listing and/or sale to the hospital affiliated with the Children's Miracle Network in your area. 100% of the funds raised in your community will remain in your area to benefit children. In addition to the RE/MAX Miracle Home Program, sales associates, broker/owners, managers and staff all raise funds throughout the year with a variety of special events such as golf tournaments, silent auctions and raffles. You can help by listing your home with a RE/MAX Miracle Home Agent. Together we can make miracles happen for children in your neighborhood. Susan G. Komen - Sold for the Cure The Sold for the CureTM self administered program allows RE/MAX offices and Associates to support Komen for the Cure and its vision of a world without breast cancer. RE/MAX Offices and Associates can designate homes as Sold for the CureTM properties and make contributions to Susan G. Komen for the Cure with each closed transaction. Client Recognition and Thank You Programs RE/MAX Offices and Associates can make a donation in honor of each buyer and seller. A personalized card will be sent to the customer to thank them for choosing RE/MAX. General Donation RE/MAX Offices and Associates can make a general donation to support Susan G. Komen for the Cure. Race for the Cure® With its "RE/MAX Racing for Life®" slogan, RE/MAX is proud to be a co-sponsor of the National Series Breast Cancer Survivor Recognition Program at Komen Race for the Cure events. With its "RE/MAX Racing for Life®" slogan, RE/MAX is proud to be a co-sponsor of the National Series Breast Cancer Survivor Recognition Program at Komen Race for the Cure events. Together with its affiliate network, corporate partners and various donors, Susan G. Komen for the Cure has invested more than $630 million in research, education, screening and treatment since 1982. The foundation is best known for its Race for the Cure events, the world's largest series of 5K runs and fitness walks. Komen estimates that more than 1 million people participated in its 2006 races. Komen's Survivor Recognition Program celebrates breast cancer survivors and honors those who have lost their battles with the disease. RE/MAX shares sponsorship with Zeta Tau Alpha Fraternity, a nonprofit volunteer organization. RE/MAX contributes pink survivor T-shirts and caps, as well as "In celebration of" and "In memory of" back signs and program banners for every race. RE/MAX Associates who are breast cancer survivors or who otherwise have been affected by the disease are encouraged to solicit pledges for their own participation. Corporate representatives host breast cancer survivor recognition tents at the more than 100 events in the United States. The Facts About Breast Cancer More than 2 million women living in the United States have been diagnosed with and treated for breast cancer. This year, an estimated 213,000 women and 1,720 men will be diagnosed with invasive breast cancer. About 41,000 women and 470 men will die of breast cancer this year. Breast cancer is the leading cancer among American women and is second only to lung cancer in cancer deaths. When breast cancer is confined to the breast, the five-year survival rate is more than 95 percent Associates with RE/MAX Northern Edge Realty have recently join The Relay For Life and the fight against cancer. Visit our team page at TEAMNER-RELAYFORLIFE.COM   For more information visit our website TEAMNER.COM or contact our Berlin NH office at (603) 752-0003