Archives for February 2009

The REAL Skinny on the $8,000 Stimulus Teaser

$8,000 Tax Credit Information – Federal Housing Tax Credit

8000-tax-credit-sticky-note
By now, unless you’ve been living under a rock or just plain out of country, you’ve heard myriad details about President Obama’s “Stimulus Plan”.

Home buyers I’m working with in the Portsmouth NH real estate market area have been asking how and when they’ll get their $8,000 to help them buy a house.   Clearly all the reports have just muddied the waters for home buyers instead of clearing things up.

For buyers and sellers in the Portsmouth New Hampshire real estate market interested in learning the nuts and bolts of this $8,000 tax credit for home and condo buyers, here are the bullets of the plan:

  1. for first-time home buyers or those who’ve not owned a primary residence in the last 3 years;
  2. for the purchase of primary residences only, and for those purchased from Jan. 1, 2009 through December 31, 2009;
  3. is an $8,000 TAX CREDIT, not money given to you for your purchase;
  4. does NOT have to be paid back like 2008’s $7,500 tax credit.

The National Association of Home Builders has put together some great questions and answers on the Federal Housing Tax Credit that may help clarify other questions you might have on this tax credit.   Check it out for additional details.

If you’d like to read more information on the Federal Housing Tax Credit, additional provisions can be found here –>  Stimulus Law Provisions.


Are you ready to find that perfect home or condo?
Today’s environment with great interest rates and lower home purchase prices makes this a fabulous time for most people to think about purchasing real estate.

Send me an email or give me a call, 1-888-349-5678 x 3839, and we can get started talking real estate and find you that perfect home or condo here in the Seacoast areas of NH and southern Maine!



Click here to search homes and condos for sale in NH and Maine
Contact Ann Cummings New Hampshire REALTOR View Featured Homes and Condos For Sale in the Portsmouth NH Area Check Out My Monthly Real Estate Newsletter - Ann Cummings

Click here to see all things real estate and community info for Portsmouth NH Area - Ann Cummings NH and Maine REALTORFollow Ann on Twitter!

Servicing the New Hampshire towns of Portsmouth, Newcastle,
Rye, North Hampton, Hampton, Stratham, Exeter, Greenland, Newington,
Dover, Durham and surrounding areas, and the Maine towns of Kittery,
Kittery Point, Eliot, South Berwick, York, and surrounding areas.
Would you like information on the Portsmouth New Hampshire real estate market? Do you have questions about the buying or selling process? Give me a call at 1-888-349-5678 x 3839 or send me an email and let’s talk real estate!

Portsmouth NH Restaurant Week Coming!

Who doesn’t love to eat out AND save money??

portsmouth-nh-downtown-walk-areas


Well, if that’s what you like, get ready for “Restaurant Week” here in Portsmouth New Hampshire!

This year’s Restaurant Week takes place March 22 – 29, and you won’t want to miss it.  There will be 29 local area restaurants participating, with special 3-course meals at a fixed price for lunch or dinner.  Lunches will be $16.95 and dinners will be $29,95.

For a full listing of those restaurants that will be taking part, and to make your reservations, be sure to visit the Greater Portsmouth Chamber of Commerce.
In previous years, the restaurants that took part were centered in the downtown area of Portsmouth.  This year, the restaurants participating have expanded to surrounding towns, to include Kittery, York, Rye, Durham, and Exeter.

The Seacoast area of NH has come to be known as a ‘culinary destination’, and those attracted to this beautiful area keep coming back and bringing more friends and family with them.  We’ve got loads of historic attractions, numerous arts and cultural venues, and not just in the summer months – we’re a year-round destination.

A number of years ago, Portsmouth NH was dubbed the ‘restaurant capital of the eastern seaboard‘  because we have so many restaurants per capita.  More recently, we’ve enjoyed accolades  such as one of  the top “Historic Places” in the world to visit by National Geographic, and as one of the “Dozen Distinctive Destinations”  by the National Trust for Historic Preservation.

If you’re interested in making Portsmouth NH home, let me know as I’d love to show you our area and help you find that perfect home or condo here in the Seacoast area!   Send me an email or give me a call, 1-888-349-5678 x 3839, and let’s talk real estate!



Click here to search homes and condos for sale in NH and Maine
Contact Ann Cummings New Hampshire REALTOR View Featured Homes and Condos For Sale in the Portsmouth NH Area Check Out My Monthly Real Estate Newsletter - Ann Cummings

Click here to see all things real estate and community info for Portsmouth NH Area - Ann Cummings NH and Maine REALTORFollow Ann on Twitter!

Would you like information on the Portsmouth New Hampshire real estate market? Do you have questions about the buying or selling process? Give me a call at 1-888-349-5678 x 3839 or send me an email and let’s talk real estate!

Dealing with Asbestos in NH Homes

New Hampshire Asbestos Information and Exposure Prevention

Asbestos in The Home

Asbestos in The Home

Asbestos was used throughout the 20th century in construction applications because of its resistance to heat, fire and other deteriorating conditions.  There are many things to consider in the real estate industry, especially when homes built before 1980 maintain a strong chance of containing asbestos.

It should be known that not all asbestos is considered harmful.  It is suggested for home owners that suspect asbestos, to leave it un-disturbed. Sometimes, the best action is to just leave it alone.

Resident of New Hampshire should be aware that frequent or long term exposure to inhalable asbestos fibers may cause health concerns such as asbestosis or mesothelioma, a rare form of asbestos lung cancer.  The great majority of asbestos health hazards come over a long time of being exposed to large amounts or to frequent exposure over many years.  Most times evidence of some health concerns may appear 20 to 50 years later.

The amount of asbestos-related incidents in the country over the last century has resulted in mesothelioma attorney firms advocating and protecting victim’s individual rights.  Asbestos industries have been heavily scrutinized for concealing information and not informing the public on the dangers associated with asbestos.  Asbestos exposure does not always lead to a related illness, but this cover-up lead to hundreds of thousands of people being wrongfully exposed.

Removal in public facilities, homes and workplaces must be undertaken by a licensed asbestos abatement contractor.  The New Hampshire Department of Environmental Services installed a program aimed at the prevention and proper disposal of asbestos.  They provide an immense library of information that all involved in real estate should consider.

Once the removal is complete, healthy alternatives should be considered as replacement to asbestos. These options include cotton fiber, lcynene foam and cellulose. Due to these recycled materials, waste is decreasing in crowded landfills. Proper insulation will save you on annual energy bills up to 25 percent. As education and technology of green sustainable practices increase, the numbers will continue to rise. These asbestos alternatives allow for a clean, healthy home, free of health damaging materials.

— This  article was submitted by Allan Marrero of the Mesothelioma Cancer Center in an effort to make people more aware of asbestos. For additional information, please be sure to click on the links provided.

Would you like information on the Portsmouth New Hampshire real estate market? Do you have questions about the buying or selling process? Give me a call at 1-888-349-5678 x 3839 or send me an email and let’s talk real estate!

Looking For Foreclosure Bank-Owned Real Estate?

Portsmouth NH Real Estate – Foreclosure homes and condos – the calls keep coming!

foreclosure-sign

Portsmouth area home buyers – it seems like everyone is looking for foreclosure properties these days, thinking they’re going to get a great buy on a Portsmouth home or condo that would ordinarily be priced much higher.  Sure, there are some, SOME, good buys out there, but a word of caution about bank-owned properties (foreclosure real estate) – they often come with lots of baggage in the way of plenty of work needed.


foreclosure-house-resized
Real estate
ends up becoming bank-owned because the previous owner, for any one of a number of reasons, was unable to pay their mortgage.  It also follows that they were unable to keep up on the maintenance on the home or condo as well.  Many times, those homeowners were doing remodeling work, and ran out of money, which leaves plenty of unfinished projects in the property.

From the time the property was actually foreclosed on until the time it gets listed on the market for sale, often months have gone by where no one was paying any attention to the property, in a sense abandoning it.  And if any of that time frame was during cold winter months, that means that there was no heat on and likely the house was not winterized.  Frozen pipes, ice dams, leaky windows, roof leaks, etc, are just the tip of the ice berg when it comes to the problems that often crop up in these types of properties.

A house deteriorates far quicker when there’s no one living there than if there was a house-full of people living there.  That’s just the way it is, and then when you throw in the weather elements and the effects that causes – well, let’s just say ‘BUYER BEWARE“.

If you have the skills and/or the financial means to have the needed work done, you can find some great buys on bank-owned foreclosure real estate, but you must have your eyes wide open and check the emotional aspect of residential real estate at the door.

  • Are you interested in exploring bank-owned real estate in the Portsmouth NH area?


Send me an email
or give me a call, 1-888-349-5678 x 3839, and we can get started talking real estate and find you that perfect home or condo here in the Seacoast areas of NH and southern Maine!



Click here to search homes and condos for sale in NH and Maine
Contact Ann Cummings New Hampshire REALTOR View Featured Homes and Condos For Sale in the Portsmouth NH Area Check Out My Monthly Real Estate Newsletter - Ann Cummings

Click here to see all things real estate and community info for Portsmouth NH Area - Ann Cummings NH and Maine REALTORFollow Ann on Twitter!

Would you like information on the Portsmouth New Hampshire real estate market? Do you have questions about the buying or selling process? Give me a call at 1-888-349-5678 x 3839 or send me an email and let’s talk real estate!

Portsmouth NH Homebuyers – Stimulus $$?

$15,000 for Portsmouth Home Buyers – Not Just Yet…..

Home and condo buyers in the Portsmouth NH area have been asking about the lastest version of the Economic Stimulus Plan.   And truth be told, the plan isn’t in place just yet.

It is, however, being worked on, and what we’ve been hearing certainly sounds good.  The $15,000 amount being talked about in this Stimulus Plan wouldn’t be a ‘loan’ as the first one that came out for $7,500, which had to be paid back.

The House has one version of this Stimulus Bill and the Senate has a different version, and therein lies a lot of work to get one that both the House and the Senate can agree on.   And then, once that happens, the President has to sign it and put it in place as a new law.

So, if you’re looking to buy a home or a condo in the Portsmouth New Hampshire real estate market, get your ducks in a row so you can be ready to take advantage of this new Stimulus Bill once it goes into effect.

To find out what you need to do to be ready, these posts will help you do that, and you can contact a local real estate professional to help you through the process.

Would you like information on the New Hampshire or Maine real estate market?
Do you have questions about the buying or selling process?
Give me a call at 1-888-349-5678 x 3839 or send me an email and let’s talk real estate!


Click here to search homes and condos for sale in NH and Maine
Contact Ann Cummings New Hampshire REALTOR View Featured Homes and Condos For Sale in the Portsmouth NH Area Check Out My Monthly Real Estate Newsletter - Ann Cummings

Click here to see all things real estate and community info for Portsmouth NH Area - Ann Cummings NH and Maine REALTORFollow Ann on Twitter!

Would you like information on the Portsmouth New Hampshire real estate market? Do you have questions about the buying or selling process? Give me a call at 1-888-349-5678 x 3839 or send me an email and let’s talk real estate!