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09-23-2008, 06:27 PM
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Senior Member
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Join Date: Jan 2007
320 posts, read 186,111 times
Reputation: 76
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inexpensive real estate in NH
Is there anyplace in NH where a small home/condo would cost less than $75k and isn't a dump? Slim chance I'm thinking but you never know...Thanks
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09-23-2008, 07:37 PM
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Senior Member
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Join Date: Nov 2006
Location: Seacoast NH
259 posts, read 211,010 times
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If you find something here for 75K, it will only if its a seasonal property, or just a barn. A buildable lot costs at least and sometimes more. zoning regulations came through the '70s, forcing minimum lot sizes. Literally every community in N.H. has zoning. Even wet + undesirable lots are protected by wetlands laws. theres No such thing as affordable living here. Mobile homes are really only allowed in parks. There sometimes is a mobile on its own lot that is guaranteed to be at least made in the '70's, which must have been plunked down there prior to zoning, and is usually on a less desirable area of town. costs of a mobile on its own lot rivals that of a stick built home. [  so why would you buy one?] 
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09-23-2008, 07:42 PM
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Not a member
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Join Date: Jun 2008
864 posts, read 156,520 times
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Quote:
Originally Posted by kyle19125
Is there anyplace in NH where a small home/condo would cost less than $75k and isn't a dump? Slim chance I'm thinking but you never know...Thanks
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No.
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09-23-2008, 09:03 PM
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Realtor® licensed in New Hampshire + Massachusetts
Status:
"Reflecting on 2009..."
(set 2 days ago)
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Join Date: Jun 2007
Location: Southern New Hampshire
2,489 posts, read 2,128,441 times
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Define "dump".
Seriously, at this moment, throughout the state there nearly 500 active properties listed between 10,000 and 75,000. Many of these are mobile homes, some on their own land, some on rented land (in parks), some are single family homes, and some are condos.
Keep in mind that the further north - west you go, the lower the prices. Along with that low price is a decrease of available jobs/services. As you get into southern NH, you can find plenty of garden (single floor) style condos (many were formerly apartment buildings) Even as far south as Concord, there are at least a few condo units available within the price you mentioned. Check out the public side of the NH MLS database: Northern New England Real Estate Network - Official Website of the Northern New England MLS
Quote:
Originally Posted by kyle19125
Is there anyplace in NH where a small home/condo would cost less than $75k and isn't a dump? Slim chance I'm thinking but you never know...Thanks
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09-23-2008, 10:21 PM
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Member
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Join Date: Aug 2008
Location: White Mountains
79 posts, read 57,496 times
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Quote:
Originally Posted by kyle19125
Is there anyplace in NH where a small home/condo would cost less than $75k and isn't a dump? Slim chance I'm thinking but you never know...Thanks
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There are some nice mobile home communities where you can get a 3 bed 2 bath for under $75k easily. Obviously, you won't get any land as it is rented, but if you're looking for a home which isn't a dump, but is fairly inexpensive, that's the way I'd go (and actually have gone).
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09-24-2008, 11:27 AM
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Senior Member
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Join Date: Oct 2006
1,775 posts, read 2,221,089 times
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You can get a really nice home up here in Northern NH for under $100,000 but then again, there are no decent paying jobs if you need one.
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09-24-2008, 12:36 PM
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Senior Member
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Join Date: Oct 2007
1,577 posts, read 1,154,124 times
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very simply put - NO.....
you might want to check with the banks re: foreclosure properties - but even then, the back taxes owed are usually 3 years worth.
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09-24-2008, 09:57 PM
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Realtor® licensed in New Hampshire + Massachusetts
Status:
"Reflecting on 2009..."
(set 2 days ago)
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Join Date: Jun 2007
Location: Southern New Hampshire
2,489 posts, read 2,128,441 times
Reputation: 1591
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Please check everything. Each property and foreclosure is different. Don't assume that just because you read it here, that it is absolutely true. Of the 7 foreclosure properties that I've viewed with clients in the last week, 1 had back taxes owed (from the most recent July 2008 bill) and it's expected to be paid before the next tax bill is mailed. However, as I said above, every property needs to be considered on it's own merits. Getting on a first-name basis with the folks at the title company will go a long way 
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