Welcome to the scenic beauty of New Hampshire’s Lakes Region! If you’re dreaming of buying a home here, let’s talk about the smart moves you can make now to ensure a smooth journey from securing a loan to landing that winning offer.

Step 1: Getting Financially Ready

1. Check Your Credit Health
   Before anything else, pull that credit report! Lenders will check this closely, so fixing errors or boosting your score now can save you loads on interest rates.

2. Save, Save, Save
   The Lakes Region has some of New England’s most coveted properties, so saving for a solid down payment can put you in a stronger position. (Plus, it could lower your monthly mortgage!)

3. Research Loan Options
   From FHA loans to USDA options (perfect for some of NH’s rural areas), explore what might work best for your unique situation.

Step 2: Get Pre-Approved

• Pre-Approval vs. Pre-Qualification
  Pre-qualification is a rough estimate of what you can borrow, but pre-approval is the real deal. Sellers in this hot market often take pre-approved buyers more seriously. Work with a local lender to stay competitive. We have some great (Client Approved) Loan Officers here to help. 

• Choose a Lender Familiar with NH’s Market
  The Lakes Region’s real estate is unique, so a lender with local expertise can guide you on property taxes, zoning regulations, and seasonal home considerations. We can help with all of the above; give these guys a call. No Obligation, just the information you can use to help get all your ducks in a row!

Step 3: Find the Right Agent

Partner with a New Hampshire expert who knows the Lakes Region. You want someone savvy, especially as the region is competitive for waterfront and vacation homes. This is where we come in! Our Local Area Specialists live, work, and play here, just like you want to do. 

Step 4: The House Hunt – Lakes Region Style

• Create a Wish List
  Dreaming of lake views or proximity to ski trails? Jot down your must-haves and nice-to-haves so you’re clear on priorities as you explore options around Lake Winnipesaukee, Lake Winnisquam, and beyond.

• Stay Flexible
  The NH Lakes Region’s market is quick-moving. Flexibility, especially around seasonal home types and locations, can increase your chances of finding a gem! Our cutting-edge home search system links directly to multiple MLSs, and you'll see homes as soon as they go live. Much faster than waiting on the National Portals to populate the info. To get ahead of the crowd, use Search603Homes.com

Step 5: Making the Winning Offer

1. Timing is Everything
   Jump on it when you find “the one.” Homes here don’t stay on the market long, so be ready to act swiftly and decisively.
2. Stand Out to Sellers – Ethically
   While some buyers may consider writing personal letters to sway sellers, following ethical guidelines and fair housing rules is essential. Personal letters can unintentionally include details that might influence decisions improperly. Instead, we’ll help you craft a straightforward, competitive offer that stands out based on the strength of your terms and pricing. We can help with that.
3. Consider Your Contingencies
   Price matters, but so do contingencies. Reducing or waiving non-essential contingencies, where safe, can keep your offer strong. We’re here to guide you on what’s smart to waive (and what’s too risky).

My final words...

With some financial prep, a great agent, and a bit of luck, you’re on your way to securing a loan and landing your dream home in the beautiful NH Lakes Region.

Stay tuned for our next guide: What to Do After Your Offer is Accepted!