Winnipesaukee Forum - View Single Post - Hot Market ... Will Waterfront Values Drop?

Descant · 11-09-2020, 05:48 PM

I'm very curious where these buyers are from--That's a huge overbuy and would add considerably to the down payment if a mortgage is involved because of the loan to value ratio requirements Can 't see that somebody local would be in a rush to move, at least not a $200K rush. Of course, that buyer info isn't easily available in many cases.

11-09-2020, 05:48 PM	#23
Descant Senior Member Join Date: Mar 2006 Location: Merrimack and Welch Island Posts: 4,407 Thanks: 1,362 Thanked 1,634 Times in 1,066 Posts	Where from? I'm very curious where these buyers are from--That's a huge overbuy and would add considerably to the down payment if a mortgage is involved because of the loan to value ratio requirements Can 't see that somebody local would be in a rush to move, at least not a $200K rush. Of course, that buyer info isn't easily available in many cases.