Nashua March Sales Data SIngle family homes

Total sales:49
Hi:415,000
LO:155,000
Median:245,000
Avg:259,727
Days on Market:104

Data From NNeren.com

First time buyers seminar

Well, I've decided to hold a first time buyers seminar Saturday May 5th 2007 from 9-5. The point of this will to allow first time buyers (any and all buyers are encouraged to go, even if they own or have owned in the past) to talk to a loan officer, find out what program the qualify for, how much they can afford and then take that information and look at whats available on the market and setup showing times if you find any homes you maybe interested in. I will be serving light refreshments. Hope to see as many of you there as possible.

-This event will be at 89 Amherst St in nashua (century 21 Cardinal)
- please RSVP via email to realestatebill31@yahoo.com with what time you would like to meet

Nashua sales data

From NNERENMLS.COM for Closed homes Nashua NH
Date range 3/17/07-3/26/07
Number of Sales:10
Hi:415,000
Low:190,000
Median:240,000
Avg:271,140
Days on Market:58

Short sales

With the resent rise in foreclosures, many listings may include the term pending bank approval. This means that the bank must agree to except less then is owed on the mortgage to avoid foreclosure. This type of buy is known as a short sale or Deed in lieu of foreclosure. Some people ask why the bank would consider releasing the homeowner from the mortgage and except the lower amount. This is because foreclosing on the property is expensive.
Other options that may be available to homeowners is forbearance. If you are granted a forbearance you don't make payments on the loan, but interest is still accumulating. Banks will use this to avoid foreclosure if the homeowner has a temporary loss of ability to pay the loan, such as being laid off.

If you find your self facing foreclosure, call your lender. They want to avoid foreclosure and will help work out away to get out of your home, or keep it. Sometimes they may permit someone to assume your mortgage.

Improve the interior Appeal

1. Paint the rooms. A light Neutral color will work best.
2. Fix anything that needs fixing IE. door knobs and leaky faucets
3. Clear vents and clean fireplaces
4. Rent a carpet shampooer if you have carpets to give them a rejuvenated appearance
5. Wax hardwood floors
6. remove clutter from your home. Box things up that you wont need until after the move.
7. Scrub the Bathtub and replace old shower curtains
8. Use oil to polish cabinets to make them like new
9. Get an arrangement of fresh flowers for your home
10. Arrange furniture to make rooms appear larger

Improving Curb Appeal

The first thing to improve the curb value of your home is to remove yourself from the mindset of a homeowner and changing to the mindset of a home buyer. The current market has plenty of homes for sale, so you need to make your home stand out from the first impression. Once your in the mindset of the buyer do a drive by of your home and write down everything the sticks out about its appearance. Have a friend drive by and make sure that you haven't missed anything. Check for exterior problems like damaged shingles ,clapboard and vinyl siding. Make sure to fix the areas that are damaged. Inspect your gutters for any obvious damage. Look at the shutters and make sure none of them are damaged. Clean up the clutter of outdoor furniture and throw out anything that is beyond repair. Make sure that everything is in working such as door knobs and door bells. Once you have all the problems identified make sure to touch up the paint and remove any thing that has accumulated on the house such as moss, bees and bird nests and spider webs. After the exterior of your house has been touched up, Next is the landscape of your home. Trim bushes and remove weeds. Make sure to plant colorful flowers and mow the lawn regularly when it is on the market.

Next I will discuss what is needed to improve the interior of your home to appeal to home buyers!

Updated Nashua Data

3-5-2007/3-16-2007
# of sales:7
High: 278,000
Low: 223,000
Median: 263,000
Avg: 250,657
Avg Days on Market:132 days

3-17-2006/3-17-2007
Total Units Sold: 559
High:950,000
Low: 115,000
Median: 284,500
Avg: 312,877
Avg Days on market: 78 days