Prices have come down and interest rates are still doing well...Many buyers are hoping to come into the Maine market and get a lot for their money....but the truth is that many sellers have already marked prices as low as they possibly can....Sellers today are having to go to closing with some cash in order to clear title...
Buyers may want to understand the market that they are shopping in first of all.....for example Biddeford is a little different from Ogunquit....and the prices will dictate that....
It is nice to see buyers doing their homework over the internet before seeking to see a property, but keep in mind that many properties out there are in an up side down loan and sellers can decrease their prices just so far..
Overall many properties are closing at 15% under the accessed values....Of course each property and each situation is unique.
ZIP Code: 03909 Location Characteristics: York is a town in York County, Maine, United States at the southwest corner of the state. The population in the 2000 census was 12,854. Situated beside the Atlantic Ocean on the Gulf of Maine, York is a well-known summer resort. It is home to three 18-hole golf clubs, three sandy beaches, and Mount Agamenticus. It includes the villages of York Village, York Harbor, York Beach and Cape Neddick.
Like Bar Harbor and Newport, Rhode Island, York became a fashionable summer resort, and retains many distinctive examples of Gilded Age architecture, particularly in the Shingle Style. A cluster of historic buildings in the center of York Village are maintained as museums by the Old York Historical Society.
Prices have come down and interest rates are still doing well...Many buyers are hoping to come into the Maine market and get a lot for their money....but the truth is that many sellers have already marked prices as low as they possibly can....Sellers today are having to go to closing with some cash in order to clear title...
Buyers may want to understand the market that they are shopping in first of all.....for example Biddeford is a little different from Ogunquit....and the prices will dictate that....
It is nice to see buyers doing their homework over the internet before seeking to see a property, but keep in mind that many properties out there are in an up side down loan and sellers can decrease their prices just so far..
Overall many properties are closing at 15% under the accessed values....Of course each property and each situation is unique.
ZIP Code: 03908 Location Characteristics: South Berwick is a town in York County, Maine, United States. The population was 6,671 at the 2000 census. South Berwick is home to Berwick Academy, a private, co-educational university-preparatory day school founded in 1791. It is part of the Portland-South Portland-Biddeford, Maine Metropolitan Statistical Area.
As of the census[1] of 2000, there were 6,671 people, 2,403 households, and 1,847 families residing in the town. The population density was 207.5 people per square mile (80.1/km²). There were 2,488 housing units at an average density of 77.4/sq mi (29.9/km²). The racial makeup of the town was 97.63% White, 0.30% African American, 0.30% Native American, 0.66% Asian, 0.27% from other races, and 0.84% from two or more races. Hispanic or Latino of any race were 0.67% of the population.
There were 2,403 households out of which 44.0% had children under the age of 18 living with them, 64.3% were married couples living together, 8.7% had a female householder with no husband present, and 23.1% were non-families. 18.4% of all households were made up of individuals and 6.7% had someone living alone who was 65 years of age or older. The average household size was 2.76 and the average family size was 3.17.
The David Cummings & Company Shoe Factory in c. 1910In the town the population was spread out with 30.4% under the age of 18, 5.4% from 18 to 24, 32.8% from 25 to 44, 23.0% from 45 to 64, and 8.4% who were 65 years of age or older. The median age was 36 years. For every 100 females there were 97.4 males. For every 100 females age 18 and over, there were 93.0 males.
The median income for a household in the town was $53,201, and the median income for a family was $59,330. Males had a median income of $40,107 versus $25,729 for females. The per capita income for the town was $21,118. About 2.8% of families and 2.9% of the population were below the poverty line, including 1.3% of those under age 18 and 7.1% of those age 65 or over.
Prices have come down and interest rates are still doing well...Many buyers are hoping to come into the Maine market and get a lot for their money....but the truth is that many sellers have already marked prices as low as they possibly can....Sellers today are having to go to closing with some cash in order to clear title...
Buyers may want to understand the market that they are shopping in first of all.....for example Biddeford is a little different from Ogunquit....and the prices will dictate that....
It is nice to see buyers doing their homework over the internet before seeking to see a property, but keep in mind that many properties out there are in an up side down loan and sellers can decrease their prices just so far..
Overall many properties are closing at 15% under the accessed values....Of course each property and each situation is unique.
ZIP Code: 04074 Location Characteristics: Scarborough is a town in Cumberland County on the southern coast of the U.S. state of Maine. The town is a coastal resort area. Located about 7 miles (10 km) south of Portland, Scarborough is part of the Portland-South Portland-Biddeford, Maine Metropolitan Statistical Area. The population was 16,970 at the 2000 census.
Abenaki Indians called the area Owascoag, meaning "a place of much grass" after its large salt marshes. About 1630, John Stratton opened a trading post on Stratton Island in Saco Bay. In 1631, the Plymouth Council for New England granted the Black Point Patent to Captain Thomas Cammock, nephew of the Earl of Warwick. The 1,500-acre (6.1 km2) tract of land extended from the Spurwink River to Black Point (Prouts Neck), where Cammock built a house and began residence in 1635. But then he sold his holdings and moved to the West Indies. Nevertheless, settlements developed at Black Point, Blue Point (Pine Point), Dunstan (West Scarborough) and Stratton Island. On July 14, 1658, the Massachusetts General Court incorporated them all as Scarborough, named for Scarborough in Yorkshire, England.
According to the United States Census Bureau, the town has a total area of 55.3 square miles (143.3 km²), of which, 47.7 square miles (123.6 km²) of it is land and 7.6 square miles (19.7 km²) of it (13.76%) is water. Drained by the Scarborough River, Nonesuch River, Libby River and Spurwink River, the town is situated beside the Gulf of Maine and Atlantic Ocean. The highest point is Scottow Hill, elevation 144 feet (44 m), where in early years bonfires were set as warnings to the surrounding countryside of approaching danger.
Scarborough is crossed by Interstate 95, Interstate 295, U.S. Route 1, and State Routes 9, 77, 114, and 207. It is bordered by the towns of Cape Elizabeth to the east, South Portland, Westbrook and Gorham to the north, Buxton to the northwest, and Saco and Old Orchard Beach to the southwest.
It is a strong buyers market....If sellers want to or need to sell in this market it is important to know their bottom number, because that is where the buyers are going to come in with...Many sellers need to realize that there are buyers out there that still owe much on these properties and the buyer should have his/her agent do their homework and see what kind of mortgage is on the property before giving an offer....It doesn't do a buyer justice to come in with an offer less than what is owed on the property ...after all you want to make sure that you have a clear Title before closing...
ZIP Code: 04090 Location Characteristics: Wells is centrally located between Ogunquit and Kennebunkport Maine. It's the perfect location for a family vacation and experiencing all that Southern coast of Maine travel has to offer, such as, beautiful beaches, shops, anitque stores, restaurants and much more.
The town was a farming community, producing hay and vegetables. Other industries included shipbuilding and fisheries. In the 19th century, with the arrival of the railroad, the town's beautiful beaches attracted tourists. Many inns and hotels were built along the seashore. Today, tourism remains important to the economy.
Wells celebrated its 350th anniversary in 2003. The year-long celebration included a New Year's Eve party with fireworks, parade, a visit by the traveling Russian circus, concerts, historical reenactments, and more. The town commissioned a member of the celebration committee, Kristi Borst, to design a town flag. Her design portrays historic aspects of the Town's settlement and agriculture as well as the 2003 Town Hall and focus on tourism represented by a train. Also included is the motto she penned for the project: "Proud of our Past, Ready for our Future.
Prices have come down and interest rates are still doing well...Many buyers are hoping to come into the Maine market and get a lot for their money....but the truth is that many sellers have already marked prices as low as they possibly can....Sellers today are having to go to closing with some cash in order to clear title...
Buyers may want to understand the market that they are shopping in first of all.....for example Biddeford is a little different from Ogunquit....and the prices will dictate that....
It is nice to see buyers doing their homework over the internet before seeking to see a property, but keep in mind that many properties out there are in an up side down loan and sellers can decrease their prices just so far..
Overall many properties are closing at 15% under the accessed values....Of course each property and each situation is unique.
ZIP Code: 04072 Location Characteristics: Saco is a city in York County, Maine, United States. The population was 16,822 at the 2000 census. It is home to Ferry Beach State Park, Funtown Splashtown USA, Thornton Academy, as well as General Dynamics Armament Systems (also known by its former name, Saco Defense), a subsidiary of the defense contractor General Dynamics. Saco has two growing business parks and another one under development. Saco sees much tourism during summer months, due to its amusement parks, Ferry Beach State Park, and proximity to Old Orchard Beach.
Saco has taken steps to make the city more environmentally friendly. In early 2007 a wind turbine was erected near the water treatment plant at the foot of Front street. Another wind turbine was erected on the top of York Hill in December 2007 to generate power for the new train station for Amtrak's "Downeaster." This is part of the project to restore Factory Island, including the renovation of several abandoned mills that have fallen into disrepair, and the erection of new townhouses and a marina.
Prices have come down and interest rates are still doing well...Many buyers are hoping to come into the Maine market and get a lot for their money....but the truth is that many sellers have already marked prices as low as they possibly can....Sellers today are having to go to closing with some cash in order to clear title...
Buyers may want to understand the market that they are shopping in first of all.....for example Biddeford is a little different from Ogunquit....and the prices will dictate that....
It is nice to see buyers doing their homework over the internet before seeking to see a property, but keep in mind that many properties out there are in an up side down loan and sellers can decrease their prices just so far..
Overall many properties are closing at 15% under the accessed values....Of course each property and each situation is unique.
ZIP Code: 03907 Location Characteristics: Ogunquit offers the perfect summer in Maine Vacation. The beaches go for miles with beautiful white sand and natural dunes. The Ogunquit trolleys can easily take you from the beaches to Perkins Cove or the center of town. Ogunquit is known for its restaurants (from casual lobster dinners to 5 star dining) and professional theater at the Ogunquit Playhouse. This summer the Playhouse is offering a chorus line, The Mod Musical Shout!, Guys and Dolls, Singing in the Rain, and All Shook Up The New Broadway Musical --All Elvis Hits.The village of Ogunquit has shops, museums, antiquing, ice cream, dancing and nightlife. There is a 1 mile paved walk winding its way along the coast from town to Perkins Cove.
Prices have come down and interest rates are still doing well...Many buyers are hoping to come into the Maine market and get a lot for their money....but the truth is that many sellers have already marked prices as low as they possibly can....Sellers today are having to go to closing with some cash in order to clear title...
Buyers may want to understand the market that they are shopping in first of all.....for example Biddeford is a little different from Ogunquit....and the prices will dictate that....
It is nice to see buyers doing their homework over the internet before seeking to see a property, but keep in mind that many properties out there are in an up side down loan and sellers can decrease their prices just so far..
Overall many properties are closing at 15% under the accessed values....Of course each property and each situation is unique.
ZIP Code: 03904 Location Characteristics: Kittery is a town in York County, incorporated from Piscataquis Plantation on November 20, 1652 as the first town in the District of Maine. It was joined by York two days later. Apledore was incorporated as a town in 1661; its name was changed to Isles of Shoals in 1665 and then annexed to Kittery in 1696.
The town serves as the gateway to Maine from points south with its old and more modern bridges spanning the Piscataqua River.
The federal government established the Navy Yard at Kittery in 1806. The 74-gun ship Washington was the first vessel built in the Yard in 1815.
Kittery shipyards have been producing for nearly two hundred years, including famous vessels such as ?Washington? and the ?Kearsage.? Come feel the history.
County: York ~ School Dist/Dept: Kittery School Department ~ Senate District: 1 ~ House District: 149 , 151 ~ Congressional District: 1 ~ Population: 9543 ~ Area: 18.5 sq miles ~ Pop. Density: 536/sq mile Longitude: W 70:42:52 ~ Latitude: N 43:06:04
Prices have come down and interest rates are still doing well...Many buyers are hoping to come into the Maine market and get a lot for their money....but the truth is that many sellers have already marked prices as low as they possibly can....Sellers today are having to go to closing with some cash in order to clear title...
Buyers may want to understand the market that they are shopping in first of all.....for example Biddeford is a little different from Ogunquit....and the prices will dictate that....
It is nice to see buyers doing their homework over the internet before seeking to see a property, but keep in mind that many properties out there are in an up side down loan and sellers can decrease their prices just so far..
Overall many properties are closing at 15% under the accessed values....Of course each property and each situation is unique.
ZIP Code: 04046 Location Characteristics: Kennebunkport is a town in York County, Maine, United States. The population was 3,720 at the 2000 census. It is part of the Portland-South Portland-Biddeford Metropolitan Statistical Area.
The town center located along the Kennebunk River, approximately 1 mile (1.6 km) from the mouth of the river on the ocean. Historically a shipbuilding and fishing village, for well over a century the town has been a popular seaside tourist destination. Kennebunkport has a small district of souvenir shops, art galleries, seafood restaurants, and bed and breakfasts. Its reputation as an upscale community comes from the numerous large seaside estates along Ocean Avenue and other coastal thoroughfares. In the summer months, many wealthy people from across the Northeast vacation in Kennebunkport and nearby Goose Rocks Beach. It is regarded as one of the most expensive vacation areas in the Northeast. During the fall, Kennebunkport is a frequent stop for tour buses showing visitors the famous New England fall colors.
Kennebunkport and neighboring Kennebunk comprise Maine School Administrative District 71.
Kennebunkport is known as the location of the summer home of former U.S. president George H. W. Bush, father of former U.S. president George W. Bush. First built by Bush's grandfather George Herbert Walker, it has been a family home ever since, and has been owned by Bush since shortly after he became Vice President in the 1980s. During his presidency, Bush often invited world leaders, from Margaret Thatcher to Mikhail Gorbachev, to Kennebunkport. In 2007, his son George W. Bush invited Vladimir Putin and Nicolas Sarkozy.
Prices have come down and interest rates are still doing well...Many buyers are hoping to come into the Maine market and get a lot for their money....but the truth is that many sellers have already marked prices as low as they possibly can....Sellers today are having to go to closing with some cash in order to clear title...
Buyers may want to understand the market that they are shopping in first of all.....for example Biddeford is a little different from Ogunquit....and the prices will dictate that....
It is nice to see buyers doing their homework over the internet before seeking to see a property, but keep in mind that many properties out there are in an up side down loan and sellers can decrease their prices just so far..
Overall many properties are closing at 15% under the accessed values....Of course each property and each situation is unique.
ZIP Code: 03903 Location Characteristics: Eliot is a town in York County, Maine, United States. The population was 5,954 at the 2000 census. It is part of the Portland-South Portland-Biddeford, Maine Metropolitan Statistical Area.
Originally part of the Piscataqua Plantation (renamed Kittery in 1647) called Sturgeon Creek in the 1630-40s, it became the North, or Second, Parish of Kittery in 1713 following the incorporation of Berwick. On March 1, 1810, Eliot became a town. The town was either named after Robert Eliot, who was a member of the Provincial Council of New Hampshire, or for Reverend John Eliot of Boston, a friend of General Andrew P. Fernald, the town agent largely responsible for its separation.
Bruce Edgerly | Ogunquit Sunrise Properties | 207-450-6513
733 Post Road Unit 126, Wells, ME
Great Investment Opportunity!!!! Perfect for 1-4 people with kitchenette.
Studio/0.5BA Condo
offered at $36,000
Year Built
1987
Sq Footage
264
Bedrooms
Studio
Bathrooms
0 full, 1 partial
Floors
1
Parking
1 Uncovered spaces
Lot Size
Unspecified
HOA/Maint
$170 per month
DESCRIPTION
Built in 1987, this condominium unit represents a great investment opportunity. It is perfect for one to two people and is "neat as a pin". It features a full bathroom.
Property includes a really nice indoor pool, outdoor deck with barbecue area, and marsh to ocean views. Rental property management services are available.
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