Blog/News

Strong Activity

These past few months have been very busy for us as we have closed a number of sales and have properties under agreement to close over the next few months. We have mixed feelings about some of the business as the “short sale” market has increased. Selling properties for less than the mortgage in place is not uncommon. One such property is the Colonial Farm Inn in New London NH, the price has just been reduced to $429,000 and many prospective buyers have been to the property. The LENDER/OWNER of this property has just requested that we conduct a CALL FOR OFFERS program and we are asking that all interested parties provide us with their last and final offer by Friday October 14, 2011 at 5pm. For full details contact Joe Cardillo at 603-526-5949 or joe@hospitalityrealestate.com