NH Foreclosure “steal” in Sandown

NH Foreclosure “steal” in Sandown

This week I took a buyer to see a NH foreclosure listing at 394 Main Street, Sandown.  This property left us with a lot of questions – what more might be wrong about it, but also what incredible possibilities could be done with it!  I haven’t been to many NH foreclosure listings that have been this old…see the details below, including pictures!

394 Main St, Sandown

listed originally at $239,900 on June 28th, down to $180,000 as of October 3rd

10 rooms, 4 bedrooms, 2 baths

3,319 sf living area

2 garages

4.10 acres

built 1887

The kitchen is completely gutted (as you can see here), thereby making this home need either a cash offer or a rehab loan (and a lot of “vision”.  Some of the updates already done are:  furnace, AC, roof and finished attic (but let me tell you – those steps are steep and skinny!)  Two of the “perks” of the home are the hardwood floors and beautiful tin ceilings and even some walls….

This home is owned by Fannie Mae and, as usual, they are offering up to 3.5% in buyer’s incentives (which can mean cash to cover closing costs…on a $200,000 purchase, that could mean $7,000 to help with closing costs!)

If you are interested in other bank owned properties in southern NH, check them out!  When you find one your want to see (or more…), give me a call at 603-318-6953 and we can schedule your showing!  Not all NH foreclosure listings need as much work as this NH foreclosure, so look at the pictures closely and you may find one in really great condition!

listing information provided by Peg Walther Prudential Verani Londonderry