Another Property Sold – 186 B Paige Hill Road Goffstown, NH

 
186B Paige Hill Road, Goffstown, NH SOLD!

This custom estate in Goffstown, NH recently sold for full price at $560,000. 

This property features 7 total rooms, 4 full baths, 1 half bath, 3 bedrooms, 26.19 acres, and was sold by
Lisa Waller Gage – RE/MAX Properties. 

Are you considering a move?  Let me put my 17 years of skills, experience, and proven results to work for you.  Call or contact me at lwaller@nhhomes.com today for a FREE HOME VALUATION!  603-440-8486

Tips for Paying Off Your Mortgage

 

Two thirds of American homeowners are somewhere in the process of paying off a mortgage. It may seem like common sense that everyone should try to pay off their mortgage sooner rather than later. However, there are circumstances when it benefits a homeowner more to hold onto their mortgage longer.

In this article, we’ll offer some tips on paying off your mortgage, when you should refinance, and offer some tools that will help you along the long road to debt-free homeownership. If you’re a homeowner and find yourself asking these questions, read on.

I can afford to pay more each month on my mortgage, but should I?

In many cases, paying off your home as quickly as possible saves you money in the long run. A shorter loan term means less interest applied to your loan which could save you thousands of dollars in accrued interest.

What many people don’t think about is whether that money could be better spent elsewhere. If your mortgage interest rate isn’t too high, you might be better off allocating that extra income toward investments or retirement funds where they could earn you more in the long run.

This technique is typically most beneficial for younger homeowners. In your 20s and 30s you stand the most to gain from long-term investments, especially tax-benefitted retirement funds. Ultimately you’ll have to do the math, which is tricky because circumstances change; markets vary, our income goes up and down, etc. However, a good starting place is to determine whether you could earn more in retirement and investments than you could by paying off your mortgage sooner and therefore saving on interest. 

I’ve owned my home for a few years now, should I refinance?

Refinancing is a term that has become ubiquitous for homeowners. There are a few important things to understand about refinancing. First, lowering your monthly payments is not always ideal if it means you’ll end up paying more interest in the long run. Ideally, refinancing your mortgage will help you pay the least amount in total.

One way this can be accomplished is by refinancing to a 15-year fixed-rate mortgage which often darry slightly lower interest rates. This option is designed for people who have improved their credit and increased their income since signing their first mortgage.

Math isn’t my strong suit. How can I figure out my finances?

If all of the numbers and percentages associated with mortgages and refinancing seems overwhelming–you’re not alone. Fortunately, there are mortgage and refinancing calculators that will give you a good idea of where you stand if you decide to increase your payments or to attempt to refinance your loan. Here are some great tools:
  • Use this mortgage calculator for determining how much you would save by making extra payments.

  • This refinance calculator will help you understand the potential benefits of refinancing your mortgage.

  • To determine how much you could earn through investments (rather than paying more toward your mortgage) use this helpful tool.

  • You might be able to increase your savings by creating a better budget for yourself. This website will help you make a detailed budget and hold yourself accountable each month.

Another Property Sold – 6 Veterans Road Unit 16 Road Amherst, NH

 
6 Veterans Road #16, Amherst, NH 03031 Just Sold for $220,000

This Condo in Amherst, NH recently sold for $220,000.  Lisa Waller-Gage represented the buyer and saved them over $20,000 in sales and inspection negotiations. 

This property features 8 total rooms, 2 full baths, 3 bedrooms, and was sold by
Lisa Waller Gage – RE/MAX Properties, 603-589-2312, 603-440-8486, lwaller@nhhomes.com, www.LiveinNH.com

Beautiful Bougainvillea

800px-Bougainvillea_FlowerPresenting spectacular masses of brilliantly colored bracts, bougainvillea is an outstanding addition to most any home landscape. The ornamental plant is celebrated worldwide for its utility and beauty, adorning gardens in the subtropics and tropics. A hardy shrub tolerant of most any soil or climatic condition, bougainvillea is a useful background planting for along fencelines or walls.

If you live in United States Plant Hardiness Zones 7 through 11, you will find a diverse array of bougainvillea varieties that will flourish in your locale. A common ornamental plant, bougainvillea is cultivated worldwide. You can let bougainvillea grow rampant and uncontrolled in a wild display of color, or trim and prune as a small tree or shrub. When bougainvillea is allowed to grow as it may, it will climb a tree or creep over a fence or rocky surface as a creeper or climber. Bougainvillea is easy to control, and it is no problem to direct growth over unsightly areas in the garden that you would prefer to hide such as a utility shed or rocky or barren patch of soil on a hillside. Bougainvillea plants are available for purchase online or from local home and garden supply stores and nurseries. Plants are available in shades of red, plum, pink, orange, burgundy, and purple.

Native to South America, bougainvillea was first discovered and introduced to Europe in 1880 by French botanist Commerson, who located the plant in Brazil. Commerson named the plant after Louis Antonine de Bougainvillea, a famous French navigator that Commerson accompanied on a voyage around the world with during 1766 through l769. Most garden bougainvillea cultivars have been derived from mutations and hybrids brought to Europe and North America from Central and South America.

Bougainvillea Cultivation

What’s not to love? Bougainvillea is disease free, easy to grow and propagate, presents a magnificent display of color for up to nine months out of the year, and can grow in poor soil subject to drought conditions. Bougainvillea can be pruned and trimmed into any shape or size, making it an ideal windbreak or patio screen as well as a cheerful foundation plant.

A fast growing shrub, bougainvillea varies in height and width dependent on the variety of species and cultivars. While there are single and multi-bracted bougainvilleas, garden experts prefer the single petal variety over the double for two main reasons. Single petled plants tend to be more prolific and dry, and dead flowers fall off the plant immediately. Doble petled plants retain the dead or dying flowers, presenting a less than a tidy appearance in the garden.

Although bougainvillea will survive in less than ideal growing conditions, it does best in a sunny location with nutrient-rich soil and good drainage. Bougainvillea does not like to have “wet feet” and has a tendency to decline if planted in an area subject to standing water. Like most other ornamental shrubs, bougainvillea will benefit from a twice yearly application of well-aged herbivore manure (sheep, goat, horse, cow). Work manure well into the top soil and water well. When a mass planting of one color of bougainvillea is established, it forms a perfect backdrop for special planting of smaller plants with flowers of a contrasting color. Try white day lilies showcased by a planting of scarlet bougainvillea or combine sunny yellow annuals such as marigold around the base of your bougainvillea shrubs.