Real Estate

Real estate transactions 3/23/02

The following is a listing of transactions dated Jan. 28, 2002.BARTLETTGrand Summit Resort Properties, Inc., Bartlett to M.E.C. Realty, Biddeford, Maine, condo-time share, Usage Quarter Code I, Unit 342/344, The Grant Summit Hotel. $52,800Grand Summit Resort Properties, Inc., Bartlett to M.E.C. Realty, Biddeford, Maine, condo-time share, Usage Quarter Code II, Unit 342/344, The Grand Summit Hotel. $52,800Grand Summit Resort Properties, Inc., Bartlett to M.E.C. Realty, Biddeford, Maine, condo-time share, Usage Quarter Code III, Unit 342/344, The Grand Summit Hotel. $52,800Grand Summit Resort Properties, Inc., Bartlett to M.E.C. Realty, Biddeford, Maine, condo-time share, Usage Quarter Code IV, Unit 342/344, The Grand Summit Hotel. $52,800Mr. and Mrs. James P. Aspesi of Rockport, Mass. to Mr. and Mrs. Frank A. Christina, Shoreham, N.Y., land and improvements, Lot 20, Graz Place, Mittenwald Resort. $150,000Grand Summit Resort Properties, Inc., Bartlett to Marian A. Brown and John L. Banks, Methuen, Mass., condo-time share, Usage Quarter Code III, Unit 232/234, The Grand Summit Hotel. $20,000Jody A. Sullivan and Kathi Lavigne, Haverhill, Mass. to Anthony J. Bellantuoni, Nashua, condo, Unit 8-C-1, Summit at Linderhof Condominiums. $101,000Joanna Trecarten, Bartlett to Scott T. Barrows and Dawn ONeil, Conway, land, south side Main Street. $15,000Grand Summit Resort Properties, Inc., Bartlett to Mr. and Mrs. Christopher McInnes, Spencer, Mass., condo-time share, Uniet 149, Grand Summit Hotel. $25,000Gail S. Rupp, New London to Mr. and Mrs. Livio D. Poles, Dorcester, Mass., land and improvements, south and east sides Town Hall Road. $111,000Mr. and Mrs. John W. Biggio Jr., Glen to Kerry A. Perfetuo, Trustee: The North Country Realty Trust, Rockland, Mass., land and improvements, Lot 32, Biggio Plan, Glen Ledge Road. $63,500Grand Summit Resort Properties, Inc., Bartlett to Robert Hubbard and Scott Murray, Beverly, Mass., condo-time share, Usage Quarter Code IV, Unit 118, Grand Summit Hotel. $24,800Grand Summit Resort Properties, Inc., Bartlett to Mr. and Mrs. Victor C. Mello, South Dartmouth, Mass., condo-time share, Usage Quarter Code II, Unit 126, Grand Summit Hotel. $27,000Grand Summit Resort Properties, Inc., Bartlett to Linda Ajootian and James Ajootian, North Conway, condo-time share, Usage Quarter Code III, Unit 126, Grand Summit Hotel. $25,300Grand Summit Resort Properties, Inc., Bartlett to Virginia M. Allard and Gerard W. Allard, Pawtucket, condo-time share, Usage Quarter Code III, Unit 132, Grand Summit Hotel. $24,800Grand Summit Resort Properties, Inc., Bartlett to Mr. and Mrs. Terry V. Rice, Windham, Maine and Mr. and Mrs. Dana Kuhn, Midlothian, Virginia, condo-time share, Usage Quarter Code I, Unit 140/142, Grand Summit Hotel. $35,000Grand Summit Resort Properties, Inc., Bartlett to Mr. and Mrs. Michael P. Dionne, Hampton, condo-time share, Usage Quarter Code I, Unit 141/143, Grand Summit Hotel. $36,300Grand Summit Resort Properties, Inc., Bartlett to Mr. and Mrs. Arthur T. Sullivan, Andover, Mass., condo-time share, Usage Quarter Code III, Unit 141/143, Grand Summit Hotel. $28,600Grand Summit Resort Properties, Inc., Bartlett to Mr. and Mrs. Alexander B. Wood, Jamestown, R.I., condo-time share, Usage Quarter Code II, Unit 209/211, Grand Summit Hotel. $39,000
  • Written by Tim Dunham
  • Category: Real Estate

Think before you buy [03/23/2002]

By Loren Davis

In the heated real estate market that we have been experiencing for quite some time, it is not uncommon to be caught up in negotiations and details of the purchase that usually take four to six weeks. During this emotional time, buyers have a lot on their minds and its often difficult to think ahead to the next two to five years.A couple I have been working with surprised me, while looking at homes in the area for their retirement. We have to keep in mind that we may be putting this house back on the market in five years," Cathy commented to her husband. I thought to myself that this reflected a lot of insight and thinking ahead. Buyers often have to be reminded about resale, even before they make an offer on a property. The question I often ask, as a buyers agent, is, What if you had to place this house back on the market, for some unknown reason, in say, six months?" How difficult would it be to sell? If the property under consideration has been on the market for months or years, why hasnt it sold before now? Will you face the same problem?In addition to resale value, one must also consider the cost of upkeep and repairs for the coming years. What was reported by the home inspector? Will the house need to be repainted next year? Who will do the work and at what cost? One home inspector told me that the average homeowner needs to spend about 40 hours per year in home repair and maintenance. (Im about 80 hours behind!)Thinking ahead also includes the type and length of mortgage you will want to choose. If there is a good chance that you will be relocating or moving up to a larger (or smaller) home in five years, you should consider a five- or seven-year ARM in place of the ever-popular 30-year fixed rate mortgage. Seniors may even want to consider a reverse mortgage where they will receive a monthly income while remaining in their home.Think ahead about size. Is it possible that you will have a growing family? Or, maybe you will be an empty-nester with a really large house and too many associated expenses? If you are single or a couple, think about how an extra bedroom or two may be used for storage or a home office. Maybe at this point in your life a condominium would make more sense than the responsibility of a house. In planning ahead, you may consider if the house lot is large enough for an expansion project or a garage that you hope to build some day.Thinking about buying a condo? It is important to check on the budget for the owners association and find out if any large expenditures/assessments are on the horizon. Your offer should also be contingent upon your reviewing a copy of the rules and restrictions (by-laws) of the association. Otherwise, you may have to leave your Great Dane with your neighbor while you come up to ski.Have you considered the location? Will you be satisfied with the distances you will need to travel for medical care, school, church, work, recreation, and shopping? Changing needs should be considered before you take the big plunge and buy a home. The beautiful old farmhouse in the country may wind up adding thousands of miles to your car and hours to your weekly schedule for transportation.Any property you purchase will have carrying costs that you, as a buyer, should consider before you buy. These may include property taxes, insurance, water/sewer bills, road maintenance, condo fees, utility expenses, and even furniture replacement if you intend to rent.In short, you can keep your dream house from turning into a nightmare by gathering important information and thinking ahead before you purchase real estate.Loren C. Davis is owner and founder of Buyer Representatives of Northern New England. He has been a member of the White Mountain Board of Realtors for nine years and has practiced Exclusive Buyer Agency for four. He is past-president of the New Hampshire Association of Exclusive Buyer Agents and has earned the Accredited Buyer Representative (ABR), Graduate Realtors Institute (GRI), and the Graduate Buyer Representative (GBR) designations. He may be reached by phone at (603) 447-1329 or 1-800-741-5091. His web address is www.buyerrepnne.com.
  • Written by Tim Dunham
  • Category: Real Estate

Charm, views and functional, too [03/23/2002]

By Bruce Stuart

Realtor Suzie Laskin at Prudential Joy Tarbell Realty in North Conway says, "I've always been drawn to historic homes, and there's nothing as charming as an old farmhouse on the riverfront." She has pretty well summed up today's circa-1800 Home of the Week.The seven-room house has two bedrooms and one and one-half baths. There is a living room, a formal dining room, a parlor and game room along with a large eat-in kitchen. The kitchen also has its own wood stove. Laskin says the home is in beautiful condition. She also talks in terms of the gardens where "generations of green thumbs have had a hand in the landscaping."Then there are the views. "Gorgeous," Laskin calls them. On a more functional side, the home has a new furnace and hot water heater. The carpeting is new. And, there's a laundry hookup.All in all, a lot of house for under $90,000. Just ask Suzie.
  • Written by Tim Dunham
  • Category: Real Estate

Real estate transactions 3/23/02 [03/23/2002]

The following is a listing of transactions dated Jan. 28, 2002.BARTLETTGrand Summit Resort Properties, Inc., Bartlett to M.E.C. Realty, Biddeford, Maine, condo-time share, Usage Quarter Code I, Unit 342/344, The Grant Summit Hotel. $52,800Grand Summit Resort Properties, Inc., Bartlett to M.E.C. Realty, Biddeford, Maine, condo-time share, Usage Quarter Code II, Unit 342/344, The Grand Summit Hotel. $52,800Grand Summit Resort Properties, Inc., Bartlett to M.E.C. Realty, Biddeford, Maine, condo-time share, Usage Quarter Code III, Unit 342/344, The Grand Summit Hotel. $52,800Grand Summit Resort Properties, Inc., Bartlett to M.E.C. Realty, Biddeford, Maine, condo-time share, Usage Quarter Code IV, Unit 342/344, The Grand Summit Hotel. $52,800Mr. and Mrs. James P. Aspesi of Rockport, Mass. to Mr. and Mrs. Frank A. Christina, Shoreham, N.Y., land and improvements, Lot 20, Graz Place, Mittenwald Resort. $150,000Grand Summit Resort Properties, Inc., Bartlett to Marian A. Brown and John L. Banks, Methuen, Mass., condo-time share, Usage Quarter Code III, Unit 232/234, The Grand Summit Hotel. $20,000Jody A. Sullivan and Kathi Lavigne, Haverhill, Mass. to Anthony J. Bellantuoni, Nashua, condo, Unit 8-C-1, Summit at Linderhof Condominiums. $101,000Joanna Trecarten, Bartlett to Scott T. Barrows and Dawn ONeil, Conway, land, south side Main Street. $15,000Grand Summit Resort Properties, Inc., Bartlett to Mr. and Mrs. Christopher McInnes, Spencer, Mass., condo-time share, Uniet 149, Grand Summit Hotel. $25,000Gail S. Rupp, New London to Mr. and Mrs. Livio D. Poles, Dorcester, Mass., land and improvements, south and east sides Town Hall Road. $111,000Mr. and Mrs. John W. Biggio Jr., Glen to Kerry A. Perfetuo, Trustee: The North Country Realty Trust, Rockland, Mass., land and improvements, Lot 32, Biggio Plan, Glen Ledge Road. $63,500Grand Summit Resort Properties, Inc., Bartlett to Robert Hubbard and Scott Murray, Beverly, Mass., condo-time share, Usage Quarter Code IV, Unit 118, Grand Summit Hotel. $24,800Grand Summit Resort Properties, Inc., Bartlett to Mr. and Mrs. Victor C. Mello, South Dartmouth, Mass., condo-time share, Usage Quarter Code II, Unit 126, Grand Summit Hotel. $27,000Grand Summit Resort Properties, Inc., Bartlett to Linda Ajootian and James Ajootian, North Conway, condo-time share, Usage Quarter Code III, Unit 126, Grand Summit Hotel. $25,300Grand Summit Resort Properties, Inc., Bartlett to Virginia M. Allard and Gerard W. Allard, Pawtucket, condo-time share, Usage Quarter Code III, Unit 132, Grand Summit Hotel. $24,800Grand Summit Resort Properties, Inc., Bartlett to Mr. and Mrs. Terry V. Rice, Windham, Maine and Mr. and Mrs. Dana Kuhn, Midlothian, Virginia, condo-time share, Usage Quarter Code I, Unit 140/142, Grand Summit Hotel. $35,000Grand Summit Resort Properties, Inc., Bartlett to Mr. and Mrs. Michael P. Dionne, Hampton, condo-time share, Usage Quarter Code I, Unit 141/143, Grand Summit Hotel. $36,300Grand Summit Resort Properties, Inc., Bartlett to Mr. and Mrs. Arthur T. Sullivan, Andover, Mass., condo-time share, Usage Quarter Code III, Unit 141/143, Grand Summit Hotel. $28,600Grand Summit Resort Properties, Inc., Bartlett to Mr. and Mrs. Alexander B. Wood, Jamestown, R.I., condo-time share, Usage Quarter Code II, Unit 209/211, Grand Summit Hotel. $39,000
  • Written by Tim Dunham
  • Category: Real Estate