Can't decide on property, we want our cake and eat it too

[mswlogo]

Originally Posted by Susie Cougar

Have you moved in yet?

I was reading in the Laconia paper this morning that there is hardly any lakefront available in any of the towns. There are so many pending sales that it seems like everyone wanted to hold on to their properties until the end of the season.

I hope you feel happy with your move.

Thanks for asking but we ended up bailing. I was to embarrassed to post that we bailed again. Too complex to get into here but we are still on the hunt. In hindsight we wished we never bailed on the squam property with the poor site assessment.

[FlyingScot]

Originally Posted by mswlogo

Thanks for asking but we ended up bailing. I was to embarrassed to post that we bailed again. Too complex to get into here but we are still on the hunt. In hindsight we wished we never bailed on the squam property with the poor site assessment.

No need to be embarrassed--we've bailed on multiple houses during inspection phases--it's part of the process. Also--I think you were smart to bail on Squam--septically compromised places are economic time bombs. This viewer wishes you well and looks forward to another exciting season of House Hunting with MSW.

[Susie Cougar]

I have to say that I am glad that you bailed on that property. There was so much work that needed to be done and with the extra cabins and having to cross the road to get to the lake etc.

I try to put myself in your shoes. There is a new property on Newfound that just hit the market for $1.250 million. It is on Pike Point Road in Bristol, on over 1 acre. Have you seen this one yet?

[thinkxingu]

Originally Posted by Susie Cougar

I have to say that I am glad that you bailed on that property. There was so much work that needed to be done and with the extra cabins and having to cross the road to get to the lake etc.

I try to put myself in your shoes. There is a new property on Newfound that just hit the market for $1.250 million. It is on Pike Point Road in Bristol, on over 1 acre. Have you seen this one yet?

Ditto.
And this one's "in stock"!

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[Susie Cougar]

Thanks, think. .

[mswlogo]

Originally Posted by Susie Cougar

I have to say that I am glad that you bailed on that property. There was so much work that needed to be done and with the extra cabins and having to cross the road to get to the lake etc.

I try to put myself in your shoes. There is a new property on Newfound that just hit the market for $1.250 million. It is on Pike Point Road in Bristol, on over 1 acre. Have you seen this one yet?

Yes, listing is a little misleading.

It's two lots and the house is on a smaller lot than the Squam one !!
They don't know if it's on lake or (dig well), how can you not know that? Well the trustee of the estate might not know a lot of details. Dug well was supposed to be abandoned for the exact same reason Squam property got downgraded to 1 Bedroom septic. You really need about 1 acre for a Well and 2-3 Bedroom septic to be state approved. A well alone takes away almost 0.5 acres from septic capacity. Plus you have to take setbacks away and the house, driveway, decks, patios. So septic ends up with nothing left.

The other lot is supposed to be usable but it's across the road and down a lot. So a new septic there is very expensive. Our original house had land ADDED years ago. Taxed as ONE lot. That added land is NOT allowed to be used for septic, even though it was perfect.

But that's why it's not $1.7 million.

Selling it also needs court approval.

As complex as that place is, we are looking into it.

[thinkxingu]

Originally Posted by mswlogo

Thanks for asking but we ended up bailing. I was to embarrassed to post that we bailed again. Too complex to get into here but we are still on the hunt. In hindsight we wished we never bailed on the squam property with the poor site assessment.

Agreed with above—no need to be embarrassed at all. You've got a clear vision and funds, so I think it'll work out in the end.

Good luck, and please do share where this process takes you—I've very much enjoyed shopping vicariously through you! It recently occurred to us that our dream of at one point selling our camp and southern NH home to buy lakefront is probably no longer a reality—just in the last decade, we may have been priced out—so I'm enjoying looking at the beautiful properties in your search.


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