Blog :: 07-2010

Soprano Fan

The popular HBO show has been off the air for several seasons now but one visitor to Lovell is still a fan!

Soprano Fan

The popular HBO show has been off the air for several seasons now but one visitor to Lovell is still a fan!

Investing In Real Estate Gets A Fresh Look

Just when you thought that investing in housing might not be the smartest decision, the Wall Street Journal reports that people are looking at housing as a viable long-term option. In the article titled Doubling Down on Housing, the author illustrates that current homeowners are taking advantage of record low interest rates and low home prices to acquire homes that are double the size of their current homes. Now this may require pulling money out of savings to pay down an existing balance but even with that sting, the return is better when compared with current interest paid by banks and the stock market.

Read the article, written by M.P. MCQUEEN, that shows how the traditional formulas used to determine whether it is advantageous to refinance may be a thing of the past.

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Investing In Real Estate Gets A Fresh Look

Just when you thought that investing in housing might not be the smartest decision, the Wall Street Journal reports that people are looking at housing as a viable long-term option. In the article titled Doubling Down on Housing, the author illustrates that current homeowners are taking advantage of record low interest rates and low home prices to acquire homes that are double the size of their current homes. Now this may require pulling money out of savings to pay down an existing balance but even with that sting, the return is better when compared with current interest paid by banks and the stock market.

Read the article, written by M.P. MCQUEEN, that shows how the traditional formulas used to determine whether it is advantageous to refinance may be a thing of the past.

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Saving For Your Down Payment

Great home buying strategy from Trulia today. Over the years, I have worked with a number of buyers where the big hurdle in buying a home was not the monthly payment but accumulating the money needed for the down payment and closing costs. Now that the era of zero down and no documentation loans is over, borrowers have to be better prepared as they start the home buying process. Today there are a variety of mortgage programs available but unless you are a veteran or using Rural Housing funds, some level of down payment probably will be required.

In a report published by Trulia today, the author lists seven ways to save for your down payment. Some of the tips are obvious but there are a couple of sources that you may not have thought of. Here is a link to the story by Tara-Nicholle Nelson

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  1. No comments. Be the first to comment.

Saving For Your Down Payment

Great home buying strategy from Trulia today. Over the years, I have worked with a number of buyers where the big hurdle in buying a home was not the monthly payment but accumulating the money needed for the down payment and closing costs. Now that the era of zero down and no documentation loans is over, borrowers have to be better prepared as they start the home buying process. Today there are a variety of mortgage programs available but unless you are a veteran or using Rural Housing funds, some level of down payment probably will be required.

In a report published by Trulia today, the author lists seven ways to save for your down payment. Some of the tips are obvious but there are a couple of sources that you may not have thought of. Here is a link to the story by Tara-Nicholle Nelson

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  1. No comments. Be the first to comment.

Tour de Lovell

It is time for all local bikers to make sure they are ready for the Fifth Annual Tour de Lovell on Saturday, August 14th. This popular 20-mile ride is a fund raiser for both the Lovell Recreation Department and the Charlotte Hobbs Memorial Library. Cyclists start at 9:00 am from the New Suncook School and travel north on Route 5 to a North Lovell turnaround and return to the finish line at the School. There is also a 4-mile course around the Lovell Athletic Field for kids. Be part of the FUN. Race brochure.

Tour de Lovell

It is time for all local bikers to make sure they are ready for the Fifth Annual Tour de Lovell on Saturday, August 14th. This popular 20-mile ride is a fund raiser for both the Lovell Recreation Department and the Charlotte Hobbs Memorial Library. Cyclists start at 9:00 am from the New Suncook School and travel north on Route 5 to a North Lovell turnaround and return to the finish line at the School. There is also a 4-mile course around the Lovell Athletic Field for kids. Be part of the FUN. Race brochure.

Kezar Lake Vacation Time

Always a nice view on Kezar!

Jeanne Bonner, who is our vacation specialist as well as sales agent, has been super busy the past week finding weekly rentals for people interested in a Kezar Lake vacation. Is it the super weather that we have been enjoying, or the perfect forecast for the next week? Not sure, but if you have been thinking about coming to Kezar, now is the time. We also have nice camps off the water where the prices are lower but you still have access to the lake, various ponds, White Mountain hiking and everything else that western Maine offers. And plenty of opportunities through Fryeburg Fair and hunting season. Call Jeanne today (207-925-1500), or visit www.kezarlakevacationrentals.com to view available rentals.

Kezar Lake Vacation Time

Always a nice view on Kezar!

Jeanne Bonner, who is our vacation specialist as well as sales agent, has been super busy the past week finding weekly rentals for people interested in a Kezar Lake vacation. Is it the super weather that we have been enjoying, or the perfect forecast for the next week? Not sure, but if you have been thinking about coming to Kezar, now is the time. We also have nice camps off the water where the prices are lower but you still have access to the lake, various ponds, White Mountain hiking and everything else that western Maine offers. And plenty of opportunities through Fryeburg Fair and hunting season. Call Jeanne today (207-925-1500), or visit www.kezarlakevacationrentals.com to view available rentals.