A 4,400+ sqft home under $300k? Are foreclosures the best opportunity to get a deal? A lot of the NH bank owned properties are in sad shape, but recently there has been a new crop of 3,000-4,000+ sqft homes for sale in Southern New Hampshire that are in foreclosure. These homes are competing with the resale market and dragging prices down. How can a seller compete with these bargains? Only by taking advantage of the fact that their house is lived in and (hopefully) well cared for. Staging has turned from an obscure art to a must have to compete in this real estate market.
Click to see large foreclosure homes in Southern NH.
Huge NH bank owned homes.
Pelham NH appears to have been spared of the latest wave of foreclosures that is affecting the higher end homes in the surrounding towns. While there is 57 beautiful bankowned homes in Southern NH, buyers who have been targeting Pelham will have to be satisfied with a real estate bargain in a neighboring town.
And bargains they are! These are not your broken-down fixer-uppers, small neglected homes. They are 2,000-3,000 sqft houses with all amenities, in-ground pools, granite countertops. One of them sports an IN-DOOR pool and another offers 5 bedrooms and over 4,300 sqft living area.
Add super-low sub 4% interest rates and these Southern NH real estate deals look irresistable.
Click for an updated list of Southern NH bank-owned homes.
Two foreclosure properties and two homes in short sale situation were missed by home buyers rushing to lock in the tax credit in Pelham New Hampshire. These exceptional homes offer great value even in today’s market.
These distressed sales are not the usual low end properties needing a lot of work and upgrades. If you thought that you missed the boat and all the great deals are gone, take another look and act before these homes go under contract too. You won’t be able to get the $8,000 tax credit but these bargains will more than make up for it.
Click on the address or photo for detailed listing sheet and to see all pictures.
21 single family homes for sale in Pelham New Hampshire had a price reduction in April, representing 24% of the 86 active MLS listings of residential properties in Pelham NH.
The record holder is a $65,000 price drop from the original list price of $544,900 to $479,900. More typical price adjustments ranged from $5,000 to $20,000 amounting to 2-4% of the listing price.
In a better year April would be the month of new listings appearing on the market, but because of the length of time to sell a house these days, many home owners in Pelham NH decided to attract the buyers attention by putting the house up for sale earlier and now reducing the price. It is a good strategy in the very short New Hampshire selling season limited to the months between the end of the long winter and the beginning of the new school year; only five months from April to September.
Relative to the original list price of $234,900 one home’s price is down to $142,200 a nearly $93,000 difference that amounts to a 40% price reduction. The property has shared frontage on Little Island Pond in Pelham.
Based on information of MLS listings in NNEREN, the Northern New England Real Estate Network, Inc. for the period through April 30th, 2009 these are the properties for sale in Pelham New Hampshire that incurred a price adjustment:
Unique custom built cape featuring magnifcent open concept floor plan, great for entertaining. Family Rm offers gas fireplace, 19 ft cathedral ceiling & 12ft door overlooking lovely patio.4th bedrm on 2nd level perfect for guest suite. 2nd level also offers lge bonus room overlooking family rm below. A must see! Relo addendums required.
Pelham New Hampshire Real Estate, 7 rooms, 3 bedrooms, 2 baths, 1731 sq ft. $75 doc fee paid by buyers at closing. All contracts are subject to the bank approval and any offers/counters by the bank are not binding unless ratified by all parties.
Very private,wooded backyard with this fantastic four bedroom Colonial. Great view from the large 22×16 screened porch overlooking 30×15 heated a/g pool. Lots of upgrades including hardwood floors, granite countertops, tile baths, and 3 car attatched garage. Relocation addendums required.
New Price! Plenty of Room for the Family! Large 4/5 Bedroom Colonial includes 28×16 Cathedral Family; 1st floor Master suite w/20×16 private Cathedral Bonus Rm-could be used for in-law; 4 Bedrms on 2nd floor; FHA/AC; 3 Season Rm overlooking inground pool. Beautiful level, yard w/sep fenced area.
Super Spacious home on Private Corner Lot! Absolute “Move-in” condition! Updates include: New Kitchen,Flooring,Windows,Furnace,Water Heater,Dishwasher. Central vac,secruity sys, Pellet stove. Walk-out lower level has great In-Law potential/game room potential! Oversized detached garage, ideal for the car enthusiast!
Huge oversized split! 4 bedrooms, 3 baths, 1.25 acre, dead-end, office, master suite w/sitting room, dining w/built-ins. Central A/C, new heat & electric. 2 fireplaces, cath fam room. H/W floors. Beautiful newly finished lower level-teen suite? New A/G pool, 3 sheds. Whole house b/up generator. Lots of house!
STUNNING CUSTOM BUILT HOME SITUATED ON 1.32 ACRES!HOME FEATURES 4-6 BEDROOMS, LG MASTER WITH COZY GAS FPLC, BALCONY, GORGEOUS BATH W/JACUZZI TUB, WALK IN CLOSET & DRESSING RM. GOURMET KITC. W/ GRANITE, BEST OF APPLIANCES & CUSTOM WALNUT CABINETS! GUEST SUITE, 3 CAR GARAGE, 3 SEASON ROOM, BRICK DRIVE & GENERATOR READY! MOTIVATED SELLER..A MUST SEE.
Gorgeous well maintained 4BR Colonial w/farmers porch-Perfect for entertaining-this open concept kitchen w/granite, skylight, hardwood flooring and fireplace living room w/granite wet bar. Lge master bedroom/bath w/jacuzzi bath, shower, plus large walk-in closet, 24×24 game room over garage plus much more! Located in a fantastic neighborhood!
This listing is no longer availablePride of Ownership – Move in condition – Enjoy the new gleaming hardwood floors, new carpet, new appliances in kitchen, wood burning fireplace on picture perfect lot, so close to Rte 93 for commuters! Great price in this neighborhood!
What more could you ask for? This lovely 3 bedroom Colonial, located in a terrific cul-de-sac neighborhood within walking distance to Pelham schools, boasts new windows, newer roof & septic, HW floors, updated baths (2.5) and a finished family room in lower level. New appliances, above ground pool with oversized “party” deck & more. Welcome home!
VALUE RANGE PRICING!! SELLER WILL ENTERTAIN OFFERS BETWEEN $499,900-$529,900! BEAUTIFUL ITALIAN DESIGN MODERN/COMTEMPORARY OPEN CONCEPT ON CUL-DE-SAC. HOME FEATURES 5 BEDROOMS, BREATHTAKING VIEWS OF THE MOUNTAINS & CONCERVATION LAND, LEGAL-IN-LAW APT., INGROUND POOL AND LOTS MORE,. MUST SEE!!
This listing is no longer available-6yr young Colonial located on cul-de-sac in beautiful Pelham subdivision. Feats incl 24×24 cath ceiling fam rm, lg country kit w/cust hw flrs, recessed lighting, lg open foyer w hw staircase, cath ceiling mstr bdrm w/ln closet & prv ba. Oversized ma
Premiere Hip Roof Colonial on 1.13 acres, cul-de-sac with PICTURESQUE VIEWS! Gorgeous home features hardwood floors throughout, gas fireplace, master w/whirlpool tub, open foyer, central a/c, tile, and custom kitchen with premier appliances, too many upgrades to name them all!
This listing is no longer availableRare find! Sprawling 1 1/2 story ranch with inlaw potential all one level living! Second floor is ready to be finished for more living space. cathedral ceilings in living rm, 3 full baths, 2 car garage, and much more. A great value! “bank approved sh
Move in condition 9 room colonial in gorgeous neighborhood setting. Hardwood and tile, separate first floor office. Front to back family room gas fireplace. Dining room has lovely custom moldings. Laundry on second floor. Central air and vacuum. Great price – easy to show.
PRICED TO SELL!! JUST REDUCED $24,000 3400+ s/ft sprawling Cape with Unique open flr plan. Wide pine, h/w & C/t flooring,new cherry kit with granite tops,1st flr master with whirlpool tub & tile shower,room above garage w/sep entrance, fin l/level w/walk out,liv rm with open balcony & FP,to much to list. subject to 3rd party approval. Sold “AS IS”
4 Bedrooms 3 Total Baths 2,128 SqFt 1.24 Acres Built in 2009
NEW – Great opportunity to own a brand new 4 bedroom colonial (To be built) loaded with upgrades including hardwood and granite! All at a great price! Pick your colors now and start packing!