NH Real Estate News

Steps to Purchasing New Construction Homes

Wednesday, December 17th, 2014 at 9:59am. 58 Views, 0 Comments.

If you think you may be interested in buying a new construction home, or have already embarked on the process but feel lost or overwhelmed, this will help! We've outlined the steps of the process for you to ensure a smooth transaction.

Each transaction is unique, a new home could take 3–6+ months to build, but typically it’s around 4 months.  Some of the factors that determine the length of time include the permitting process, the speed of municipal inspections, the composition of the lot, and the type of financing.

1. A buyer finds a new home plan in a subdivision that has everything they are looking for and through our marketing process, will be able to visualize what the home will look and feel like and determine the expense. The Gove Group has

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Home for the Holidays

Tuesday, November 11th, 2014 at 8:43am. 235 Views, 0 Comments.

The Gove Group Real Estate knows and heavily tracks our new home communities' seasonal trends. The fall season typically has been a slow time for home owners to sell and, in turn, purchase a new home. This year we are seeing a resurgence away from that historical trend. Homes so far this fall are changing hands more quickly due to flexibility, less inventory and a little boost of savings with regards to taxes. Contributing to this influx are the mortgage standards; such as credit score requirements that have started to loosen, and mortgage rates still remaining low.

Most of the home buyers purchasing at this time of year are not ones with school aged children in mind. They are ready to move and have typically been home surfing all summer looking

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The Most Bang for your Buck in Greenland!

Tuesday, October 7th, 2014 at 9:43am. 904 Views, 0 Comments.

Greenland, New Hampshire has been one of the Seacoast’s most popular towns for quite a while.  Some of the reasons why Greenland is so desirable are the property taxes are low, it’s so close to Portsmouth, and together with Portsmouth they have a great school district.  And homes are going quickly; in September, the homes under contract in Greenland were only on the market for an average of 35 days.  One thing buyers will likely notice is the high prices in this town, which are influenced by Greenland’s desirability, and the high cost of land.

The good news is that The Gove Group is marketing a small cul-de-sac community in Greenland featuring brand new, energy efficient, single family and duplex-style homes; and it’s the least expensive way to own

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Standing Out in a Bidding War

Friday, August 22nd, 2014 at 10:10am. 599 Views, 0 Comments.

The housing market in the Seacoast area has been heating up lately, and many buyers are finding themselves in a bidding war for the home they want.  Receiving multiple offers is a seller’s dream, but often can be very scary for a buyer.  Not to panic, because we’ve got these tips on how to stand out of the crowd.

Choose a reliable lender – One of the most important steps in home buying is to get preapproved for a loan.  Some sellers won’t even look your way without a preapproval letter, so having one will secure your spot in a bidding war.

In addition, having a reliable lender who can be on speed dial during the bidding war process is invaluable.  That way, if any questions come up about your financing ability, they can be taken care of immediately

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How a Short Sale Can Affect Your Credit Score

Monday, August 11th, 2014 at 11:03am. 832 Views, 0 Comments.

Let's begin with the basics:

A short sale refers to a situation when a borrower asks a lender to accept a loan repayment for less than the full owed amount. Generally, this means that the buyers could have overpaid for their home. While short sales are typically still a hit to your credit, there are some benefits to short sales. For example, on the seller's end, you will not have to go through a foreclosure. The buyer picks up a property at a potential discount, and the lender avoids taking on the burden of unloading the property. 

Sounds pretty good, right? Be careful! Many homeowners prefer a short sale to a foreclosure because they believe there's less of a stigma associated with a short sale. However, both options can lower your credit score

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New Hampshire Beaches Ranked "Superstar" Status!

Monday, June 30th, 2014 at 10:07am. 3,033 Views, 0 Comments.

Why We Love the Seacoast 

Year after year as we grow, it seems we appreciate the area we live in more and more. If we live at a location even an hour in-land, we still make that annual trek to the beach or up the coast to the best beaches. We recognize that the beaches and the water are top notch, and apparently we were correct. 

The Natural Resources Defense Council released its annual Testing the Waters report stating 35 United States beaches — including three in New Hampshire alone — were ranked as “superstar” status based on testing conducted last year. 

Hampton Beach was ranked for the cleanliness of its water. Wallis Sands Beach and Wallis Sands State Park also received “superstar” status. NH maintained its overall No.2 cleanliness ranking

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How to Have the Best Front Door on the Block

Friday, June 27th, 2014 at 4:38pm. 1,007 Views, 0 Comments.

In most cases, the front door is the focal point of the home. Don’t settle for a drab and boring feel any longer; repainting your front door to add some flair to your beloved home is the perfect summer project, and it’s easy enough for you to do yourself! No matter what effect you’re trying to achieve with your front door, there is an option for you…

 If you want your home to be approachable and inviting, stick to nontraditional colors that will make an impact and initiate an emotional response with the onlooker. Color suggestions: purple, turquoise, salmon. 

 Put a spin on a classic look with a glossy black that will add the perfect amount of modern sophistication to your home.

 A neutral home paired with a neutral front door is a whole lot of

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Transforming your Kitchen on a Tight Budget

Friday, June 27th, 2014 at 4:25pm. 776 Views, 0 Comments.

Believe it or not, it’s possible to give your outdated kitchen a modern face-lift for less than $2,500. We have a feeling that all those houses out there built in the ‘70’s, ‘80’s and ‘90’s are long overdue for a kitchen makeover, but that scary $30,000 price tag is turning you away. We’ve got the answer to reviving your drab kitchen on a tight budget, and we think you’ll be surprised by how simple and budget friendly it is.

 According to interior designers, the most important part of a kitchen update is the lighting. The entire mood of the space is determined essentially by the lighting alone, which can dictate functionality and usage of space. Experts suggest replacing the existing lighting fixtures with newer, more modern and energy efficient

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Why Jumbo Loans Are Hot Items and What Borrowers Should Know

Wednesday, June 25th, 2014 at 10:00am. 467 Views, 0 Comments.

Even as overall mortgage activity slumps, jumbo mortgage business continues to boom for lenders. Mortgage activity remained relatively stable for loan amounts at the jumbo level - above $417,000 in most markets and more than $625,500 in some high-price areas.


Top reasons for the steady pace of jumbo lending include; lenders' desire for wealthy clients, luxury-home buyers cashing in on new jumbo products, and historically low interest rates and credit availability for high-end borrowers, claims Guy Cecala, publisher of Inside Mortgage Finance. According to mortgage-information provider HSH.com, for the week ending June 13, the average interest rate was 4.29% for the 30-year fixed jumbo loan. Guy adds, "There's more competition, more affordable

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Financing Your Home Renovation... Fear No More!

Wednesday, June 18th, 2014 at 4:51pm. 343 Views, 0 Comments.

Many buyers steer clear of the infamous "fixer-uppers" during their home search, and the number one reason is quite possibly money. While fixer-uppers usually have a less expensive purchase price, you have to shell out a big chunk of cash to make the renovation happen and get your home the way you want it. If you have the money, or had a way to get the money you'd need, would you be more likely to consider purchasing a fixer-upper?

Fear no more, because there is a solution for you! The Federal Housing Administration has established a 203(k) program, designed to specifically help homebuyers get the money they need to renovate their home. The 203(k) loan can cover many different projects, big or small, around the home; bathroom and kitchen remodels,

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Recent Blog Posts


Steps to Purchasing New Construction Homes

If you think you may be interested in buying a new construction home, or have already embarked on the process but feel lost or overwhelmed, this will help! W... Read More


Home for the Holidays

The Gove Group Real Estate knows and heavily tracks our new home communities' seasonal trends. The fall season typically has been a slow time for home own... Read More


The Most Bang for your Buck in Greenland!

Greenland, New Hampshire has been one of the Seacoast’s most popular towns for quite a while.  Some of the reasons why Greenland is so desirable are th... Read More