Some Frequently Asked Questions about New Hampshire Short Sales

During a regular sale, a buyer will make an offer that is accepted by the seller and they go into contract and proceed to closing.  With a short sale, the seller must disclose this situation.  When the potential buyer makes an offer, it is communicated to the bank and the parties must then wait for the bank’s approval before moving forward.  This additional step and the involvement of a third-party, namely the lender, makes the process considerably longer.

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Understanding Common Area Maintenance Costs in a New Hampshire Commercial Lease

CAM charges relate to the maintenance of the common area of a building, including a mixed use development, apartment building, or condominium complex.  The CAM charges may cover costs associated with the operation of common areas, including cleaning costs and repair.  Utilities that are billed for the entire building may be allocated on a pro rata basis to each tenant.  It typically is a fee that is assessed against each business tenant as part of the monthly lease payment, but it may be charged on a quarterly or annual basis.  It is important for this cost to be factored into the economic analysis of whether a specific commercial property is going to be affordable under a business plan.  Despite the fact that this is presented as a fixed cost by the landlord, there always is the possibility of negotiating the amount of the CAM.

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Tips on Choosing a Competent Estate Law Attorney in New Hampshire

Establishing an estate plan is not like an adjustable ball cap.  One size does not fit all.  Typically, out of 20 people who want to create an estate plan, not one of their plans is exactly the same.  That is why online cookie-cutter estate planning simply do not “cut it.”  You need a professional who listens and wants to understand your family and concerns – from your perspective.

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