Porcupine Real Estate Blog

Read our blog for fun anecdotes and helpful information about life and real estate. We’d love to add you to our email list for updates; drop us a line!

Coronavirus Mortgage Relief: The Facts

Mortgage lenders, and the federal agencies that regulate lenders, are putting coronavirus mortgage relief measures in place to ensure homeowners have options if they’re unable to make payments. What do you do if you need to take advantage of these relief measures? Well, your first stop should be your lender or bank. It’s important to keep in mind that this…

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A Seller’s Guide to Navigating the Home Inspection

Selling a home can be quite a process. First come the negotiations. Then comes the inspection. Then comes the financing commitment. Sandwiched in the middle, the inspection is usually a contingency to the offer, meaning the buyer can back out of the contract based on problems discovered. The Process The purpose of the inspection is for the inspector to look…

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Should You Sell Your Home without an Agent?

If you’re thinking of selling your home, you may have considered trying to sell it without a real estate agent. Why should you pay an agent for work when you can do it yourself? Well, while you might be able to sell your home on your own, you may lose out on some potential profit by not fully understanding the…

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All You Ever Wanted to Know about Appraisals – Seller Edition

If the buyer of your home is financing the purchase, chances are good that their lender will require an appraisal. Understanding how appraisals work will prepare you for the process and help you achieve a quick sale. An appraisal is an opinion of the value of your home based on what comparable homes in your city/town have sold for recently.…

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All You Ever Wanted to Know about Appraisals – Buyer Edition

While you might have a long list of things you appreciate about your new home, your lender may not agree. They don’t care if it has a pizza oven, jacuzzi tub, or patio that is perfect for outdoor gatherings. They do care if the home you are buying is worth what you’re paying. If there is ever a point where…

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How to Evaluate Multiple Offers for Your Home

We are in the midst of a hot sellers’ market and many sellers are finding themselves with multiple offers. So, how can you decide which offer is best? Our agents at Porcupine Real Estate use their expertise and years of knowledge to help you determine which offer to consider. Some of the criteria we encourage you to consider include: Preapprovals…

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Why People Pick New Hampshire

We all know that New Hampshire is the Free State. But, when faced with moving to a new state, why, exactly, do people pick New Hampshire? Here are some reasons from movers to the Free State: great community and economy New Hampshire’s aesthetics and the state’s laws everyone is very friendly no income tax or sales tax income-earning potential was…

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Buying Investment Property vs a Primary Residence

Buying an investment property can be a good financial move. There are some differences between buying a primary residence and investment property, though. Obtaining a Mortgage In nearly all cases, mortgage rates for investment properties are higher than when you buy a primary residence. The reason for this is that lenders tend to view an investment property as a riskier…

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How much money do I need to buy a home?

How much money do I need to buy a home?

Many buyers have questions when it comes to buying a home, but one of the most frequent we hear is: What does it cost? The Downpayment The amount of money you pay towards the home purchase upfront is the down payment. For example, if you are using a conventional loan and putting 5% down on a $400,000 property, your downpayment…

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