The Dream Homes Team

Your Buyer/Seller Connection

The Dream Homes Market Flash

February 2012

Refi with little or no equity - HARP2

The Home Affordable Refinance Program, or HARP, is designed to help homeowners who are current on their house payments and who want to save money by refinancing at lower mortgage interest rates. Normally, refinancing is a straightforward task. But not when the loan is underwater -- that is, when the home's value has fallen below the mortgage balance.

Click Here To Read This Entire Article

Why Are YOU Still Paying Rent?

In this market, home values are sinking to reasonable levels, interest rates remain attractive, it's a great time to buy! There are a TON of 1st time homebuyer mortgage programs that are meant to assist a 1st time homebuyer to get into the housing market.

When you figure out how much rent you're paying, that you're throwing out the window, you can probably own a home for roughly the same as what you're paying! And...the interest you pay on the loan and the property tax may be tax deductible (speak to your accountant).
Whatever your situation, your mortgage professional can evaluate your current situation and your goals, and fit the right mortgage to meet your needs. Here are just a few programs that are out there:

Rehab loans: The lender will lend the cost of the house plus repairs. They will escrow the repair money and your contractor will draw the money after each repair is made. This is the perfect program if you want to save some money buying a fixer-upper.

Click Here to Read This Entire Article

.

Questions or comments? E-mail us at Info@NHDreamHomes.com or call (603) 930-5003

www.NHDreamHomes.com

Amherst New Hampshire’s Best Kept Secret

Are you looking for something fun to do this weekend? How about sledding? With all of the snow we have had over the past couple of weeks, it's a great time for some family fun.

Yesterday, during the calm after the storm, we headed over to a sledding hill in Amherst, New Hampshire. Where is this sledding hill you ask? It's on route 101 East, heading from Amherst, toward Bedford. You park across the street from the hill.

Click Here to Read This Entire Article

Search For Your Next Home Here

Curious about the value of your home?

Relocating? Request your community report