Londonderry, Windham, and Hampstead New Hampshire real estate listings, home buying, selling and relocation information

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First Time Buyers >The Perfect House

Home buyers must often deal with deferred maintenance or repairs. For example, you may have found a terrific house and like many competent home buyers, you included a structural inspection contingency in your purchase agreement. What happens when you find out that your "perfect" house needs some work? Do you ask the sellers to pay for the repairs? Before you answer "yes", there are some important considerations.

Some contracts require that all of the home's systems, such as plumbing, heating, electrical and central air conditioning, be in working order. In this case, the sellers may be obligated to repair any problems with these systems. Leaky roofs, damp basements, or other structural problems may not be covered, however. If you ask the sellers to make these types of repairs, you may void the contract by doing so. The sellers might prefer to negotiate the repairs to keep from losing the sale. If there are other buyers waiting in the wings with back-up contracts, you run the risk of losing the home.

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Q	What mortgage transactions between borrowers and lending institutions operate in the private sector of the economy?
A	Conventional mortgages are private sector transactions that are not insured or guaranteed by the government.
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Jong Mi Edinger, REALTOR®, real estate agent and broker for Londonderry, Windham, and Hampstead New Hampshire home listings, property and land for sale - NUMBER1EXPERT(tm)

Jong Mi Edinger
Prudential Verani Realty Londonderry
One Verani Way
Londonderry, NH. 03053
Office: 800-392-2377
Direct: 603-845-2138
Cell: 603-493-9379
Fax: 603-845-2298
Email: JongMiRealtor@NUMBER1EXPERT.com
Jong Mi specializes in the purchase and sale of homes and income properties in southern New Hampshire communities. A member of the Northeast Association of Realtors, the Granite State South Board of Realtors, and the National Association of Realtors. Jong Mi began her career as "Rookie of the Year" and has since continued to be a member of the Prudential Multi-Million Dollar Club. For the year 2001, Jong Mi received the Prudential Verani's Top Closed Buyer Sides Award and received the National President's Circle Award in 2001, 2003, 2004 and 2005. She is honored one of Prudential Verani's Top 12 Sales Associates. Her accomplishments reflect her ongoing commitment to outstanding levels of customer support and service.

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