Because of the closing of Maine’s Brunswick Naval Air Station (BNAS), not only do we have low interest rates, the $8,000 federal tax credit, the $5500 Gift of Green from the Maine State Housing Authority (to help with closing costs), we also have all the houses that have been, or will be, vacated because the P3 Orion squadrons have been transferred to other bases around the country. These are generally not short sales or foreclosures and they are in good shape. There is a program, Homeowners Assistance Program (HAP) whereby the Army Corps of Engineers buys the homes from the military families if they are unable to sell but must leave the area due to base closure. This has left many wonderful homes in many wonderful neighborhoods just waiting for new families to own them! Talk about a First Time Buyer Paradise - - Maine really is "the way life should be."
Who wants to live in a ghost-town,? you ask. It won't be a ghost-town for long; there has been redevelopment work going on since the closure announcement in 2005 -- we are ready to hit the ground running when the Navy turns the base over to the redevelopment gurus. Brunswick wasn't ever just a "Navy town", it has always been so much more, and will be incredible in the future!
For information about wonderful Maine homes in wonderful Maine neighborhoods and how to maximize your home-buying opportunities, CONTACT ME TODAY!
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