Concord NH~Joni~Merrimack County

"All that glitters is not gold,
Often have you heard that told:
Many a man his life hath sold,
But my outside to behold:Gilded
tombs do worms enfold. (II.7)"    Shakespeare-Merchant of Venice

 

 

 

 

 

 

Well...we've gone and done it! We've created the monster.....we've succeeded in convincing the First Time Home Buyer that it is a Buyers' Market......HA!!

Seduced by the prices and the promise of a bargain they are seeking out "the pie in the sky"

They eagerly go on line,every day, pulling up picture after picture of the "perfect house"....It has granite counter-tops, walk-in closets, hardwood floors and on and on. But somehow they miss the phrase "Subject to Third Party Approval". Or worse yet..... the word Foreclosure.

OK...you say...so we give them "the talk" We explain about endless waiting that doesn't always end positively, neglected systems that will add $$ to the cost, one sided terms that put them at risk (not to mention little recourse.)

So armed with info off they go             ...brave settlers like the Homesteaders of old...off to settle new uncharted territory.

Ahh....but wait! Now there is more! New obstacles are blocking the way...

• Lenders terms
• Mortgage Insurance Companys with hands outstreached
• Clue Reports
• Declining Markets
• Appraisal,appraisals,appraisals

Yup....it's a Buyers' Market....HA!!

 ~~~~~~~~~

Concord NH Area Realtor