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Archive for September, 2018

Pool Problems in Nashua

I was competing an appraisal for a person who inherited a house from an estate. Well, he also inherited a pool problem too!

He asked me if the pool affected value. I told him that so long as the pool was in it’s current condition it would be a safety issue that most lenders wouldn’t loan on. I gave him the “bad news” that the value would take a big hit if the pool was not fixed .

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Recently I was showing buyers property in several Rockingham County towns.   We looked at Londonderry,  Derry,  Windham and Salem.  Tax rates varied from town to town and my clients inquired why.

Property Taxes

I explained that in many (not all) cases, that property values had an inverse relationship to tax rates.  Another words, higher priced towns have the lowest tax rate and vice versa.     If you are looking at solely “affordability”, the tax rate is the great equalizer.    You may pay less for a house in a lower priced towns, but your overall payment (mortgage, interest, taxes and insurance) may be the same (lower mortage, but higher taxes).   Soooooooooooooo,  when looking at prices in different towns, consider the taxes.

If you have any real estate related questions, do not hesitate to us via email:  jack@LavoieRealtyGroup.com or visit our website at www.LavoieRealtyGroup.com

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My wife Lisa Lavoie and I are excited to be offering our clients all the tools and resources of EXP Realty.  Lavoie Realty Group, brokered by EXP Realty will bring to the table what buyers and sellers have asked for….  Knowledge, Integrity and Service!!

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Our contact information is:

www.LavoieRealtyGroup.com

Email:  Jack@LavoieRealtyGroup.com   Lisa@LavoieRealty Group.com

Cell:      Jack: (603) 345-7355   Lisa: (603) 289-6688

Office:  (888) 398-7062 X 114

 

 

 

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