Kimberley Martin - Homes of New Hampshire Realty



Posted by Kimberley Martin on 4/23/2017

Looking to sell your condo? You're in luck, as there is high demand for condos across the United States.

As a condo seller, it is important to allocate the necessary time and resources to find ways to maximize the value of your property. By doing so, you'll be able to evaluate your condo, understand its strengths and weaknesses and take the right steps to enhance your property's appearance.

Moreover, there are several factors that you should consider before you add your condo to the housing market, including:

1. Your Condo's Condition

How will property buyers feel when they see your condo for the first time? Ultimately, you'll want your condo to make a positive first impression on homebuyers. To accomplish this goal, you may need to complete assorted home improvement tasks to enhance your condo both inside and out.

A property appraisal may prove to be exceedingly valuable, as this assessment will allow you to learn about your condo's condition. During the evaluation, a home appraiser will take a close look around your condo and offer honest, unbiased recommendations that you can use to improve your residence.

2. Your Timeline

You know that you want to sell your condo, but how quickly would you like to relocate to a new address? Understand your condo selling timeline, and you'll be able to plan accordingly.

For a condo seller who wants to move as soon as possible, establishing a competitive price from the get-go is essential. This price will help your condo stand out from other properties that are available and increase your chances of a quick condo sale.

3. Condo Rules and Regulations

If you plan to sell your condo, it is always better to err on the side of caution. Therefore, you should check with your homeowners' association (HOA) to see if there are any rules or requirements that must be followed when you sell your property.

For example, some condo communities may require HOA board approval for a new property owner. Or, if you live in a gated condo community, you should find out whether permission is needed to host an open house to showcase your property to a broad range of property buyers.

Selling a condo may seem like a complex process, particularly for those who are listing a property for the first time. Lucky for you, real estate agents are available to help you get the best results.

Employing a real estate agent with condo selling experience is paramount. With this real estate agent at your side, you should have no trouble optimizing the value of your condo.

Typically, a real estate agent will set up condo showings, negotiate with property buyers on your behalf. This real estate professional also will respond to your condo selling concerns and queries, ensuring you can make informed property selling decisions.

Don't leave anything to chance when you sell your condo. Collaborate with a real estate agent, and you can boost your chances of a seamless property sale.




Categories: Uncategorized  


Posted by Kimberley Martin on 4/16/2017

Selling a condo may seem like a tall task, particularly for those who plan to list a property on the real estate market for the first time. However, condo sellers can take the guesswork out of listing a property and maximizing its value if they consider a few simple questions, such as:

1. How Much Is My Condo Worth?

The price that you paid for your condo initially is unlikely to match your property's worth today. As such, you'll want to conduct plenty of research into the real estate market to assess your condo's worth and price your property accordingly.

Hiring a home appraiser is ideal, as this professional will be able to evaluate your residence and establish a value for it. Plus, a home appraiser can help you identify any "red flags," i.e. problem areas that may prevent you from maximizing the value of your condo.

Don't forget to assess the prices of similar condos in your area too. By doing so, you can get a better idea about how much comparable residences are selling for in your city or town and set a competitive price for your residence.

2. What Sets My Condo Apart from Others That Are Available?

Before you add your condo to the real estate market, you'll want to consider features that may help your property stand out from others that are available.

For example, if you live in a condo community that offers access to a swimming pool and tennis courts, you'll want to include this information in your property listing. Or, if your condo provides a reserved parking spot for you and additional parking for guests, you'll want to provide condo buyers with these details as well.

As a condo seller, you'll want to do whatever you can to differentiate your property from others, regardless of whether you list your residence in a buyer's or seller's market. If you highlight features that help your condo stand out, you can stir up significant interest in your residence as soon as it becomes available.

3. How Can I Optimize the Value of My Condo?

Unfortunately, the real estate market can be unpredictable. And even if you perform ample housing market research, there is no guarantee that you'll be able to streamline the condo selling process and maximize the value of your residence. But if you hire a real estate agent, you can boost your chances of selling your condo.

A real estate agent may boast many years of condo selling experience and understand what it takes to generate interest in a property. He or she also will be able to provide valuable tips and guidance to ensure that you can list your property at the right price in any real estate market. In addition, if you ever have concerns or questions about selling your condo, your real estate agent will be able to respond to your queries without delay.

Employ a real estate agent to help you sell your condo, and you can move one step closer to maximizing the value of your property.




Tags: condo   condo fees  
Categories: Uncategorized  


Posted by Kimberley Martin on 10/19/2016

This Condo in Londonderry, NH recently sold for $162,500. This Garden style home was sold by Kimberley Martin - Homes of New Hampshire Realty.


6 Crestview Circle, Londonderry, NH 03053

Condo

$162,500
Price
$162,500
Sale Price

2
Bedrooms
4
Rooms
2
Baths
Why rent when you can own this immaculate, desirable 1st floor, spacious, corner unit w balcony, privately located in back of the building w nice wooded view facing backyard. There are no steps from outside the building directly to the unit! Great, fully applianced open concept kitchen/dining & living rooms w/ custom track lighting. Master BR with 2 closets and full bath. Freshly painted throughout. Other great features are Central Air, pantry, in-unit washer/dryer, secure storage area in the basement, deeded parking space, economical natural gas heat and pets friendly. You can't beat the location for convenience such as walking distance to Park and Ride/ Boston Express Bus Station, minutes to RT.93, close to Airport and Mall of NH. Maintenance free living & affordable fees is the great choice for Londonderry living. Ready for a quick closing!






Tags: Real Estate   condo   Londonderry   03053  
Categories: Sold Homes  


Posted by Kimberley Martin on 6/19/2016

apartment buildingIs a condominium right for you? The market has been steadily rising for the past few years but condo living may not be for everyone. Condo buyers typically fall into three categories: -First-time buyers -Second home or vacation home owners -Retirees looking for a low-maintenance alternative Under the right set of circumstances a condominium can be a great purchase. Before you run out and shop for condos you have to be comfortable living with rules and restrictions, and in close proximity to others. There are different types of condominiums. They can take the form of apartment-style complexes, townhouses or converted multi-family dwellings. Most condominiums have common areas, such as stairwells, dividing and outer walls, fitness centers, pools, walking paths and gardens. These common areas are under shared ownership. Each unit owner holds an interest in these spaces. Because space is shared there needs to a way to manage the maintenance, repair and costs of these common areas. To deal with that and other issues that involve space sharing every condo development has a condominium association. The association is typically elected by condo owners and makes communal decisions in the interest of the community. When you find a condominium you are interested in you will want to inquire about the association: Some questions you may want to ask are:

  • Does the association maintain reserve of funds to pay for unexpected and potentially expensive repairs? If so, how much is in reserve and how is it managed?
  • Has the association maintained the building in good repair? Are there currently or any planned special assessments?
  • Does the association have plans to add any facilities, such as a swimming pool or gym, in the near future?
  • Does the development have any pending legal actions? Are there any disputes between owners, with developers or with the association that you should know about?
  • Buying a condo also comes with costs some are similar to a single family home purchase while others are condo specific. These costs include:
    • Down payment, mortgage and property tax
    • Condo fees, otherwise known as maintenance fees. Condo fees are paid by every resident to help with the maintenance of the building, pay the salaries of groundskeepers, concierges or handymen, and provide luxury facilities such as a pool, gym or rooftop garden. Condo fees are paid monthly and are subject to change. The condominium association budgets and determines the condo fees for all units. Condo fees are typically determined by the size of your unit, how many units are currently occupied, and the projected expenses for building maintenance and repair.
    • Special assessment fees. These fees may be requested when an unexpected repair or planned modification exceeds the cost of the condo fees collected
    • One of the most important considerations is to determine if you can live with the condominium rules or covenants. The rules vary from one condo development to another. Some condominiums may impose restrictions on pet ownership, noise levels, remodeling projects, and renting. Always read the condo rules and regulations to make sure that you are comfortable with them before you make a commitment to purchase.







Kimberley Martin
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