Calling All Wolfeboro Experts!

[Steve Di.]

Originally Posted by Sue Doe-Nym

Aren't you starting a little early if your move is two years away? Many things change in two years and what might look good now could be different, plus your own situation may change.

Yes we are.

The market is dictating our timing. In my years of traveling to the Lake, I have never seen such a buyer's market. The values haven't seen much of a decline in the town I am now in, therefore I don't expect them to increase much in two years. However, I am betting in two years time, the towns around the Lake will see prices rise. Of course that all depends on the economy.

I can't buy a house right now, because I would have to sell the one I am presently in to finance the purchase. So we are hoping to buy some land, to secure our location up there and work on preparing our house for a sale and draw up plans for the new house.

[jkjoshuatree]

I rented a place here for a month and I've been here a little over a week. Let me just say that I love this town.

My family has a place in Meredith and while I love it there, Wolfeboro is so much more pedestrian (and dog) friendly.

It has everything you need all within walking distance of downtown. I'm three miles outside of town and if I wanted to I could take cross-country trails from my cabin into town. I literally never have to be inside a car.

The people have been extremely welcoming and friendly (doesn't hurt that I have two adorable Golden Retrievers with me everywhere I go-they're quickly turning into local "rock stars"), from the people at the supermarket (both of them) to the people at Goodhue & Hawkins Marina to the young college kids that make my sundae at Bailey's Bubble every night (or at least the last four nights in a row-taking a break now-I came up here to relax, not turn into a fatty), everyone's been wonderful!!

Anyway, that's just my two cents. It's just a beautiful, picturesque place and I would love to have a second home here (and one day I will-mark my words)!!

Good luck and keep us posted as to what/where you decide to move.

[eyenotall777]

You did not state in your original specifics that you were considering to purchase land, but if it helps any, we used Meredith Village Savings. They have land mortgages so you can make your dream come true and found them to be very reasonable vs. other banks in the area. It is better to work w/ a local bank as they know the area. I can also say that they have dropped a whole 1% since we did it. We opted for the 3/1arm. Same fixed rate for 3yrs, then a rate change each year after till you convert to a construction loan. We've been lucky so far, our ended up dropped 2%. Good Luck