Can anyone explain current use?

[dognh]

Any good site for sniffing out NH foreclosures, perhaps even on land deals?

[Hepcat]

Thanks to all who posted. I am also torn as to "when" the best time to buy is; I have to agree with Valerie, I have noticed a lot of properties sitting on the market for a long time, but I don't see prices going too far below market value. I don't forsee anything improving before the fall elections, but beyond that I can't say.

I am noticing some developers who seem to have bought large tracks of land to subdivide with the intention of selling new construction packages, now offering land only; I suspect new construction sales have dried up in a lot of markets.

[WannaComeHome]

I am also torn as to "when" the best time to buy is; I have to agree with Valerie, I have noticed a lot of properties sitting on the market for a long time, but I don't see prices going too far below market value.

I don't think land goes down in price as much. Figure: if it's in current use, the taxes are pretty low, the seller isn't in as big a hurry to sell and get out from under it so it's ok if it sits longer until the market goes up again.

[Valerie C]

dognh, I subscribe to a weekly newspaper called The Registry Review that lists all foreclosures, sales, transfers, etc. (RDC NH Registry Review) If you'd rather not subscribe, there are a million websites that "guarantee the newest foreclosures" that you can sign up for. Best bet would be to ask a Realtor to pass along info to you--the foreclosures end up listed on MLS 95% of the time...

[dognh]

Originally Posted by Valerie C

dognh, I subscribe to a weekly newspaper called The Registry Review that lists all foreclosures, sales, transfers, etc. (RDC NH Registry Review) If you'd rather not subscribe, there are a million websites that "guarantee the newest foreclosures" that you can sign up for. Best bet would be to ask a Realtor to pass along info to you--the foreclosures end up listed on MLS 95% of the time...

thank you!