268 East Main Street, East Hampstead, NH 03826
603-489-9104 | [email protected]



Posted by Stacey West on 7/26/2019

Itís a difficult time to be a first-time home buyer. Post-recession buyers are wary--and for good reason--of how and when to save money for a down payment on a house. One thing to remember, however, is that itís always a good time to start saving.

In this article, weíre going to cover the four most useful methods of saving for a down payment on your first home. That way you can feel confident in taking the first and most important step toward homeownership.

Choosing the right savings account


Unlike riskier investments, a savings account is a safe and proven way of building interest and saving for a home. However, not all savings accounts are created equal.

Typically, brick and mortar banks offer interest rates that are low--the current national average is only about 0.06% annually. While these banks offer conveniences such as in-network ATMs and check-cashing, their physical locations make them expensive to run.

Enter the online bank. Since online banks donít have all of the costs associated with running branches, they can afford to offer better rewards--namely, high-interest returns on your savings accounts.

So, should you take all of your money out of your current savings account and transfer it to an online bank? Maybe. But letís talk about the benefits of having multiple savings accounts.

Open a dedicated account with automatic deposits

Saving isnít just difficult due to financial reasons. Managing money also takes time and effort. To simplify this process, itís preferable to direct deposit or automatically transfer a percentage of your weekly income into your down payment savings account.

While it may seem like pinching pennies at first, even small weekly deposits add up, and within a few years the compounding interest can earn you enough for a higher down payment than you thought possible.

Prioritize high-interest debt now

Have student debt or a car loan thatís keeping you from focusing on saving for a down payment? Oftentimes the best coarse of action is to aggressively pay off high-interest loans. In the long term, this will save you money that can then be used toward a down payment.

For debt that will take several years to pay off, consider refinancing for a lower interest rate, or consolidating your student loans. Speaking with a student loan adviser or financial planner is a good first step to take toward managing your debt.

Make a real budget

Most of us think of a verb when we hear the word ďbudget.Ē However, itís more useful as a noun.

Creating a real budget, whether itís in Excel, Google Sheets, or with the help of an app, having a budget you can refer to once a week is vital to making good savings decisions. It will help you monitor your spending and stay on top of your savings goals.





Posted by Stacey West on 7/25/2019


7 Red Fox Road, North Hampton, NH 03862

Single-Family

$744,500
Price

4
Bedrooms
14
Rooms
3/1
Full/Half Baths
Beautiful Four Bedroom Cape in a beautiful location at the end of a cul-de-sac. Follow the brick walkway to the front covered porch to enter the welcoming foyer. The newly renovated kitchen has lots of cabinets, quartz counter-tops, tile backsplash, double ovens, an abundance of light and opens to a casual living space complete with fireplace. The sunroom opens to the large back deck and overlooks the private backyard. Private office with French doors, formal Living Room, Formal Dining Room and a stunning foyer complete your first floor. The Master suite offers cathedral ceiling, gas fireplace, large updated master bath with jetted tub and separate shower, a walk-in closet and an exercise room. The additional bedrooms are spacious. The second floor laundry room is so convenient! The finished lower level has its own walkout entry, patio, three quarter bath, storage space, partial kitchen and a space for a bedroom....It is a great guest suite but potentially this could be an in-law with town approval. The yard has mature landscaping, a fenced in area so that your furry friends can run about without escaping, a tree house and a shed. Home is wired for a generator, has multi-zone heating and multi-zone central air conditioning, three fireplaces and an irrigation system. The three car garage will house three vehicles and some toys as well. This home has so much to offer for the price! Close to highways and beaches.
Open House
Friday
July 26 at 4:30 PM to 6:30 PM
More Open Houses
Cannot make the Open Houses?
Location: 7 Red Fox Road, North Hampton, NH 03862    Get Directions






Categories: Open House  


Posted by Stacey West on 7/25/2019


7 Red Fox Road, North Hampton, NH 03862

Single-Family

$744,500
Price

4
Bedrooms
14
Rooms
3/1
Full/Half Baths
Beautiful Four Bedroom Cape in a beautiful location at the end of a cul-de-sac. Follow the brick walkway to the front covered porch to enter the welcoming foyer. The newly renovated kitchen has lots of cabinets, quartz counter-tops, tile backsplash, double ovens, an abundance of light and opens to a casual living space complete with fireplace. The sunroom opens to the large back deck and overlooks the private backyard. Private office with French doors, formal Living Room, Formal Dining Room and a stunning foyer complete your first floor. The Master suite offers cathedral ceiling, gas fireplace, large updated master bath with jetted tub and separate shower, a walk-in closet and an exercise room. The additional bedrooms are spacious. The second floor laundry room is so convenient! The finished lower level has its own walkout entry, patio, three quarter bath, storage space, partial kitchen and a space for a bedroom....It is a great guest suite but potentially this could be an in-law with town approval. The yard has mature landscaping, a fenced in area so that your furry friends can run about without escaping, a tree house and a shed. Home is wired for a generator, has multi-zone heating and multi-zone central air conditioning, three fireplaces and an irrigation system. The three car garage will house three vehicles and some toys as well. This home has so much to offer for the price! Close to highways and beaches.
Open House
Friday
July 26 at 4:30 PM to 6:30 PM
More Open Houses
Cannot make the Open Houses?
Location: 7 Red Fox Road, North Hampton, NH 03862    Get Directions






Categories: Open House  


Posted by Stacey West on 7/25/2019


7 Red Fox Road, North Hampton, NH 03862

Single-Family

$744,500
Price

4
Bedrooms
14
Rooms
3/1
Full/Half Baths
Beautiful Four Bedroom Cape in a beautiful location at the end of a cul-de-sac. Follow the brick walkway to the front covered porch to enter the welcoming foyer. The newly renovated kitchen has lots of cabinets, quartz counter-tops, tile backsplash, double ovens, an abundance of light and opens to a casual living space complete with fireplace. The sunroom opens to the large back deck and overlooks the private backyard. Private office with French doors, formal Living Room, Formal Dining Room and a stunning foyer complete your first floor. The Master suite offers cathedral ceiling, gas fireplace, large updated master bath with jetted tub and separate shower, a walk-in closet and an exercise room. The additional bedrooms are spacious. The second floor laundry room is so convenient! The finished lower level has its own walkout entry, patio, three quarter bath, storage space, partial kitchen and a space for a bedroom....It is a great guest suite but potentially this could be an in-law with town approval. The yard has mature landscaping, a fenced in area so that your furry friends can run about without escaping, a tree house and a shed. Home is wired for a generator, has multi-zone heating and multi-zone central air conditioning, three fireplaces and an irrigation system. The three car garage will house three vehicles and some toys as well. This home has so much to offer for the price! Close to highways and beaches.
Open House
Friday
July 26 at 4:30 PM to 6:30 PM
More Open Houses
Cannot make the Open Houses?
Location: 7 Red Fox Road, North Hampton, NH 03862    Get Directions






Categories: Open House  


Posted by Stacey West on 7/21/2019


7 Red Fox Road, North Hampton, NH 03862

Single-Family

$744,500
Price

4
Bedrooms
14
Rooms
3/1
Full/Half Baths
Beautiful Four Bedroom Cape in a beautiful location at the end of a cul-de-sac. Follow the brick walkway to the front covered porch to enter the welcoming foyer. The newly renovated kitchen has lots of cabinets, quartz counter-tops, tile backsplash, double ovens, an abundance of light and opens to a casual living space complete with fireplace. The sunroom opens to the large back deck and overlooks the private backyard. Private office with French doors, formal Living Room, Formal Dining Room and a stunning foyer complete your first floor. The Master suite offers cathedral ceiling, gas fireplace, large updated master bath with jetted tub and separate shower, a walk-in closet and an exercise room. The additional bedrooms are spacious. The second floor laundry room is so convenient! The finished lower level has its own walkout entry, patio, three quarter bath, storage space, partial kitchen and a space for a bedroom....It is a great guest suite but potentially this could be an in-law with town approval. The yard has mature landscaping, a fenced in area so that your furry friends can run about without escaping, a tree house and a shed. Home is wired for a generator, has multi-zone heating and multi-zone central air conditioning, three fireplaces and an irrigation system. The three car garage will house three vehicles and some toys as well. This home has so much to offer for the price! Close to highways and beaches.
Open House
No scheduled Open Houses






Categories: New Homes  




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