Are prices stabiizing in the Taunton/Rehoboth/Dighton? - 12/20/08 07:21 PM
Is stabilization around the corner?  Someone approaches me at least once a day regarding the state of the market. Nobody has a crystal ball. When the market changes, nobody will know it until they look back. It happens fast.
There are basic opinions on this:
The first is that interest rates are going down and are now in the low 5's high 4's. This means that a $200,000 mortgage would be between $1000-1100 a month (excluding taxes and insurance.  Now homes in the Taunton  Massachusetts can be bought for about the same monthly payment as what one would pay to rent!
(3 comments)

Taunton MA- Bank Owned Horror Stories- Homebuyers don't let this happen to you! - 12/10/08 10:42 PM
I heard this today ....a situation where a buyer submitted an offer on a bank owned property with her buyers agent. The Buyer was given the lock box combo with permission from the listing agent and the buyers agent to go into the property prior to closing and do some fix up work.
The buyer stripped wallpaper, repainted, then.. hired a home inspector.. The home inspector inspected the property and informed the buyer that her $45,000 bank owned home would cost $45000 more to bring to a point where the bank would actually finance the property.. missing copper, structural issues, etc. The buyer … (3 comments)

Foreclosures, REO's, Short Sales- The market of the moment. - 12/03/08 06:33 PM
If you are buyer, you are probably intrigued with purchasing a foreclosure/bank owned property. I think I've seen all the bank owned properties in Taunton this week!
First time homebuyers who use FHA loans must be advised that FHA has strict guidelines on the homes condition. Many homes in the $100,000 dollar range-$190,000 urban Taunton- Need substantial work.
There are still some good ones out there. I know which ones you should stay away from if you'll be using an FHA loan.
Items that will not meet FHA guidelines:
Most of the foreclosed  homes I've been showing have no heat due … (4 comments)

 
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Taunton Real Estate- Lori Lincoln Homes for sale in Massachusetts & RI

Taunton, MA

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Greater Taunton Massachusetts Homes For Sale and Real Estate Market Value for Home Sellers and Buyers Education for home sellers and home buyers and homes for sale and Real Estate in Taunton MA, Assonet , Lakeville homes,Rehoboth homes,Seekonk homes, Somerset homes, Dighton homes, Berkley homesFall River homes, Swansea homes, Lakeville homes, Easton homes, Raynham and more. Homes Seller Staging tips, house values, housing market values, Real Estate Market Trends. News for Real Estate Agents and Realtors. FREE Nationwide Home Search- FREE Online Home Value for Bristol County Massachusetts including Assonet MA,Taunton MA, Rehoboth, Freetown, Berkley, and more MLS Search Free and surrounding communities. FREE Short Sale,Foreclosures, Bank owned homes, House Auctions, Mortgage calculator too.


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