Home for Sale at 296 Mountain View Road, Whitefield, NH 03598

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296 Mountain View Road
Whitefield, NH 03598

Mary Doherty with Badger Peabody & Smith Realty, original listing - (603) 823-5700

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Property Details

List Price:	$930,000
Beds:	5
Baths:	Full: 4, ½: 1
Status:	Active
SqFt:	3265 Square Feet
Agency:	Badger Peabody & Smith Realty
Agency Phone:	(603) 823-5700

Map Details Show Map | Show StreetView

Description/Comments

Lot Size:	17 acre(s)
Garage:	Garage
Property Type:	Residential-Single Family Residence
Year Built:	1936
Notes:	Welcome to Grey Rock, one of the most stately homes in the North Country. Built in the 1930's this home has been in the same family and enjoyed for generations. This home provides a wonderful mix of the elegance of an era gone by with all the modern conveniences. As you approach the house, you'll drive into the crushed stone driveway flanked by stone pillars and stone walls. The driveway layout provides for plenty of guest parking as well as a circular drive around a beautiful garden area as you approach the house. Park in the detached two car garage (with a one bedroom apartment above) or closer to the house under the attached carport. The interior main level includes an eat in kitchen, formal dining room, fireplaced living room, cozy den, screened porch with views to the field and pond. The layout flows easily from room to room. Upstairs you'll find the 5 bedrooms, three of which are ensuite with private baths. The lot is beautifully manicured offering perennial gardens, mature trees, and a gazebo overlooking a pond and fields. Can you just picture a killer game of croquet in the summer or cross-country skiing right out your door in the winter? This property and area offer so much and is ready for a new family to enjoy and make memories that will be passed on for generations. Showings start 6/27 and by appointment from 11AM to 4PM.
MlsNumber:	--
ListingId:	5002098

Listing Provided By:	Badger Peabody & Smith Realty, original listing
Phone:	(603) 823-5700
Office Phone:	(603) 823-5700
Agent Name:	Mary Doherty
Disclaimer:	Copyright © 2024 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest.

The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered.

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Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale.

This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments.

Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.

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