REAL 1THE WEIRS TIMES REAL ESTATE SHOWCASE — Published October 2, 2014

www.RocheRealty.com

Meredith: Well kept spacious home with over 2,200 sqft. on a private 1.5 acre lot in Meredith. Walkway to the lake and day dock on Lake Winnipesaukee close by. Wood �replace, eat-in kitchen, sun room o� the deck and 3 BRs all on the main level. Finished walkout lower level with own entrance. Motivated seller! $239,000 MLS# 4351417

Gilford: 3 BR, 3 BA cape in Gunstock Acres featuring 1,680 sqft. with an open concept �oor plan and wrap-around deck. Bonus family room, o�ce and 1st �oor bath. This home enjoys access to Lake Winnipesaukee on the association shared private beach or enjoy the Gilford Town Beach with over 1,500 ft. of shorefront. $219,500 MLS# 4379171

Gilford: Charming 3 BR antique cape with water views. Recently painted with new windows, hardwood pine �oor, eat-in kitchen with island, and a 1st �oor master bedroom. Partial fence, outbuilding, and town sewer. Gilford residents enjoy the 1,700 ft. town beach on Winnipesaukee. $189,000 MLS# 4303954

Laconia: 2+ BR condo with lake views and access in a small 7 unit association. The lake access includes the private swim area, relaxing deck right on the water, 2 day docks and a place for your jet ski. 1,480 sqft. on 3-levels with a deck. Finished basement with a family room, and another area being used as a BR. $209,000 MLS# 4331755

Laconia: 2 Commercial buildings in an ideal location for any retail/restaurant venture. High visibility! Loading dock & additional 30x40 commercial warehouse! 4,032 sqft. main building with seating for 100+ guests. Across the street from Monkey Trunks and Funspot. Abutting the campground and Go Karts. $399,900 MLS# 4325647

Local Ties,International Reach.

97 Daniel Webster Hwy | Meredith, NH | 1921 Parade Rd. | Laconia, NH | (603) 528-0088

PRICE REDUCED!

PRICE REDUCED!

PRICE REDUCED!

PRICE REDUCED!

PRICE REDUCED!

PRICE REDUCED!

PRICE REDUCED!

PRICE REDUCED!

PRICE REDUCED!

Alexandria: Level 2.04 acre home site on year-round mountain brook that bisects the property. Nice locations either side of stone wall near middle of the lot. Alexandria residents enjoy access to sandy beach and boat launch on nearby Newfound Lake for a few dollars per person per year. Hiking, �shing, skiing and more nearby. $26,500 MLS# 4360066

Wolfeboro: 4.35 Level wooded lot with access to Crescent Lake through shared waterfront lots. Crescent Lake �ows into Lake Wentworth. McManus Road is approx. 2 miles from Wolfeboro Center. Walking distance to Kingswood High School and middle school. Approx one mile from Huggins Hospital. $150,000 MLS# 4094468

Gilford: Open concept home on Lake Winnipesaukee with covered center dock, and large deck with sunsets. This home has 1,612 sqft. with 3 BR, 2 BA, large open cathedral living, dining, and kitchen area overlooking the water. Lower level family room walkout to patio and dock, garage, and hard wired generator. $549,000 MLS# 4378236

Moultonborough: Completely vacant for your new venture possibilities! 1850 Classic Revival with pleasant lake and mountain views gutted in 2007 to 2009 and brought back to life. Brand new 3-car attached garage with a upscale 2 BR apartment on 2nd �oor. Attached to garage is a 2-story �nished shop previously used as storage facility by owners home business. Everything is heated and A/C. Large yard professionally landscaped with ornamental trees. Town beach and boat launch a short stroll into town. Between the 3-car garage and the shop there is 3,260 sqft. of heated and air conditioned space. 2nd Floor has 1,740 sqft. Many opportunities available with this property! $799,900 MLS# 4255909

A New Advertising Opportunity from the Weirs Publishing Company• Expand your marketing visibility ... reach our readers from Plymouth to

Portsmouth and west to Concord

• Get your property listings out in 30,000 copies per week with an audited circulation showing 2.5 readers per copy

• Save money with the efficiency of packaging your one ad buy in both publications for one low price

• A great way to build your brand, drive sales, pull in new listings and drive web traffic to your listings database

The Weirs Times & Cocheco Times Introduce

CombInEd REAL EsTATE PAgEsnow Your one Ad buy Can Reach

over 75,000 REAdERs in Central nH! COMPLIMENTARYTHE WEIRS, LAKE WINNIPESAUKEE, N.H., THURSDAY, MAY 8, 2014VOLUME 23, NO. 19

COMPLIMENTARYTHE WEIRS, LAKE WINNIPESAUKEE, N.H., THURSDAY, MAY 8, 2014VOLUME 23, NO. 19

A SPECIAL COCHECO VALLEY EDITION OF THE WEIRS TIMES NEWSPAPER.

P L U S

25,000 copies in the Lakes Region

5,000 copies in the Seacoast Area

Call or email for more information 603-366-8463 / advertise@weirs.com

REAL 2 THE WEIRS TIMES REAL ESTATE SHOWCASE — Published October 2, 2014

— 527-8050 —the-insurance-outlet.com

HOME AUTO BIKE BOAT BUSINESS

—It’s Our Pleasure To Quote You!

The last few years have been really difficult for the real estate market, and many people are wonder-ing if now is really a good time to buy a home or not. Many other people want to buy a home, but are stuck in the rent trap be-cause the banks continue to tighten their lending standards and shut peo-ple out who would have qualified only a few short years ago. This article will discuss the Top 7 benefits of owning a home versus renting.

1. Steady Payments: One of the first differences to realize when consider-ing owning versus renting is what happens to your payments over time? Most bank mortgages have 4 parts included in their payments: principal, in-terest, taxes and insur-ance. This is referred to as PITI. The largest portion of the payment is the princi-pal and interest, or “PI”.

If you buy a home with a fixed rate mortgage, then your PI payments will stay the same for 30 years. The only change will be for insurance and taxes each year, but the major portion of your payment stays constant. If you compare that to renting, most landlords raise their rents every year with the rate of inflation. Consis-tency in your payment from year to year gives you stability in your fam-ily budget and the ability to plan as well as protec-tion against inflation and higher interest rates.

2. Tax Savings. Even though there has been discussions lately in con-gress about how they want to get rid of this benefit so the government can take more of our money to spend on their entitle-ment programs, currently home owners still get to take advantage of this huge benefit of deducting the interest portion of our mortgage payments from

our taxes. Most renters I talk to are really un-aware of this significant benefit. See, when you rent, you are paying a mortgage payment… your landlord’s. This mortgage payment includes a prin-cipal portion that pays down the balance of the loan every month, but it also includes an inter-est portion which pays the bank for the right to use the money. Con-gress knows that there are many benefits not only to individual families, but to the national economy to increasing home owner-ship. S0, many years ago, the U.S. government de-cided that as an incentive to get more people to buy a home, they would give all home owners the abil-ity to deduct the interest portion of the mortgage payment from their taxes. This can be the difference from being able to itemize your taxes and taking the standard deduction. Be-cause of the way mortgage payments are calculated,

the majority of the inter-est is paid up front, so the first 5-10 years you live in a home most of the payment you make can be deducted from your regular income. This is like giving yourself a raise of a couple to maybe sev-eral thousands of dollars a year, just by switching from paying your land-lord’s mortgage to paying your own mortgage. If you buy a home, you can go to your employer today and ask to change your deductions that they take out of your paycheck and immediately put more money in your pocket ev-ery month…starting right away.

3. Build Equity through paying down mortgage. Not only can you put more money in your pocket this year by deducting your interest payment from your current income, the principal portion of your payment each month pays down your mortgage bal-ance building equity. Eq-

uity in your home is very simply the difference be-tween what your house is worth and what you owe to the bank. Each month, a portion of your payment goes towards paying down the amount that you owe, so it is kind of like a little savings account. When you rent, you are still paying down the mort-gage, the only difference is you’re putting money in your landlord’s equity by paying the principal por-tion of his or her payment. We all work very hard for our money, especially to-day with the tough econo-my. How do you feel about just giving your money away? Would you just give away your hard earned money to pay into some-one else’s savings account every month? Well, this is exactly what you are doing when you rent. The shift of paying rent to pay-ing a bank, as we’ve seen so far, provides you three huge benefits. First, you can stop the annual rent increase letters you get at

Top BenefiTs of Home ownersHipby Tim Lockhart

REAL 3THE WEIRS TIMES REAL ESTATE SHOWCASE — Published October 2, 2014

For photos, videos and more information: 90AcresNH.com

A R E M A R K A B L E P R O P E R T Y

This 90 acres is legacy land...It’s land that will add to your heritage – a place you and your family can enjoy for

generations to come.It’s a place where you can

make your dreams come true.You’ve worked hard, now’s the

time to enjoy the fruits of your labor.

FOR SALE - 90 Acres / New Hampton

PRICE REDUCED!

FOR SALESPECTACULAR MEREDITH HOME

on 8 Private Acres

If you want privacy, views, a beautiful setting, & a convenient

location then this remarkable property is like paradise found. This

home is a showplace but the grounds & view will equally captivate

you. Built in 1988, this single owner 2-3 bedroom/ 3 full bath home

is in pristine condition. Enjoy the open, soaring great room with

beamed cathedral ceilings, beautiful hardwood floors, hearth &

woodstove. The high end custom kitchen & dining area are the

perfect spaces to entertain your guests who won't be able to resist the view from the expansive deck. Also on the first

floor is a den/bedroom, a 3 season porch, & laundry. Downstairs is a large family room, bedroom & bath. The 2nd floor is

dedicated to the luxurious master suite & a wonderful loft area. There are 2 heated attached & detached 2 car garages.

The mature landscaping & gardens are simply beautiful. Price reduced - $469,000

MLS#4231396 • CALL ROY SANBORN @ SOTHEBY’S • 603-455-0335

the end of every lease from your landlord. Second, you’re able to get more money out of your paycheck r ight away. And, third, you’re able to shift from paying into your landlord’s eq-uity to paying into your own. And, in many cases, because of the troubles in the real estate market, you can actually pay less each month for a mortgage than you can in rent for a com-parable home.

4. Build Equity through apprecia-tion. You may not be thinking there is any appreciation to be gained in a home by listening to the news over the last couple years. All they’ve been talking about is the huge declines in property values. Well, it really depends on where you are. Certainly on the east coast, west cost and areas like Las Vegas, which saw huge dou-ble-digit increases in home values, also saw huge decreas-es when the market turned around. But, in places like north Texas, were we live the prices of homes have been a lot more stable. Prices here didn’t see the huge increases as other parts of the country, but they didn’t see the huge declines either. Regardless of where you live, many ex-perts are saying that the market has pretty much bottomed out. We can’t really be sure where the bot-tom of any market is until enough time has gone by to look back, but price ups and downs mostly af-fect speculators who are trying to buy and sell quickly to get rich quick.

5. Increased net worth. All that we’ve discussed in benefits #1 - #4 leads to the

fifth benefit which is increased net worth. It has been proven that the net worth of home owners dwarfs that of renters with the same income, and everything else being equal. Your net worth is very easy to figure out. You sim-ply just take the val-ue of everything you own and add it up, and then you add up everything you owe. Then all you have to do is subtract what you owe from what you own, and you get your net worth. For example, if you own a car that is worth $15,000, and you borrowed the money to buy it and the balance of your loan is $10,000, then this car adds $5,000 to your net worth. You can add up any money you have in savings, furniture, or other things you have to the value of this car and get the total of all you own. Then subtract ev-erything you owe for this car, your credit cards or any other loans. The difference between what you own and what you owe, whether that’s a positive or negative number is your net worth.

6. Owners more likely to save and invest. This study by Harvard looked at how owners and renters spend their money as well as how they save and invest. It would be easy to dismiss this study by saying, well yes these home owners have a higher net worth because it is all tied up in the home eq-uity, and they can spend or eat their equity. The equity in their house is usu-ally a large portion of a family’s net worth, but not all. The study also compares the non-home net wealth of home owners to

the net wealth of renters which is a di-rect apples-to-apples comparison. And the results are just as staggering. The study proves home owners are much more likely to save their money and invest in things like stocks, bonds and mutual funds. So, home owners are more likely to have savings to be able to send their children to college and provide their children a bet-ter future.

Tim Lockhart is the President of Quelle P r o p e r t i e s , I n c . They’ve been real es-tate entrepreneurs since 2002 and their mission is to improve their community by increasing home own-ership in north Texas. He has many articles and news items re-lated to real estate on his website, www.QuelleProperties.com

REAL 4 THE WEIRS TIMES REAL ESTATE SHOWCASE — Published October 2, 2014

Properties offered exclusively by Meredith Bay Lighthouse Realty, LLC. The Lodges are part of Bluegill Lodge at Meredith Bay, a condominium. This is not an offer to sell property to, or solicitation of offers from, residents of NY, NJ, CT or any other state that requires prior registration of real estate. The marina and beach club are owned and operated by Akwa Marina Yacht Club, LLC. Boat slips are subject to separate

agreement and payment. Prices and terms are subject to change without notice.

Lakeview living has never been easier — or more luxurious. The brand new Lodges at Meredith Bay put all the beauty of the

units average 1,800 sq. ft. and offer panoramic views. Unique features include heated underground parking, elevator access

directly into most units and spacious decks. Plus, enjoy access to Meredith Bay’s on-site amenities, including our marina, beach

— so now’s the time to visit.

Move in this Fall – Priced from $450,000

429 Endicott Street North, Laconia, NH888-559-4141 | MeredithBayNH.com

Tour the Lodges at Meredith Bay This Weekend!

OPEN HOUSESAT. 11am-3pm | SUN. 11am-3pm