homes: Properties for sale Gray Maine and everywhere to be affected. - 05/20/08 11:05 PM
There is about to be a major change in investment property... that could put some people who don't plan in a very tough situation.
Freddie Mac has just released information regarding new cuts that become effective on August 1, 2008.  They are now restricting the number of financed properties a borrower can have to four total, including the subject property.  These are 1-4 unit(s) properties, and the current restriction is 10 total properties.
Another change that takes effect at the same time is a seasoning restriction on refinancing an investment property of 6 months.  Currently there is no restriction.
This will have … (0 comments)

homes: Houses for sale Gray Maine, selling a home in Gray ME - 05/01/08 11:34 PM
Thinking about listing your home for sale? There are many things to consider before selecting a realtor to assist with this process. WAIT, thinking of selling your house on your own without using a realtor. Check out my blog, "For Sale By Owner- the pros and cons" of being a FSBO (For Sale By Owner).
HOME VALUES or what your home is worth, is a big part of the equation. Realtors generally use what is called a CMA, Comparative Market Analysis. Similar in some ways to getting an appraisal done, but we are not liscensed as appraisers and there are no set … (0 comments)

homes: Homes for sale, Gray ME; for sale by owner or list with Five Star Realty - 04/28/08 07:26 AM
For many people the option of selling their house own their own is not really an option due to circumstances, such as being transferred through work or just the time needed to sell your own property is not available. The Pros, or upside of selling your home yourself. More Money in your pocket if you are not paying a realtor's commission. You know your house the best, so who better to point out all the ammenties.You have complete control over the entire transaction, from setting the price, to showings, to all negotiations and prequalifing buyers (just to name a few).The Cons, … (1 comments)

homes: Home values, Gray, Maine - 04/27/08 03:43 AM
HOME VALUES or what your home is worth, is a big part of the equation. Realtors generally use what is called a CMA, Comparative Market Analysis. Similar in some ways to getting an appraisal done, but we are not liscensed as appraisers and there are no set guidelines for us to follow. Basically, it is just an opinion of value, and like all opinions, two people can have some very different ideas. You had BETTER BE INVOLVED AND INFORMED when you have a CMA done to help determine what your property value is. There are realtors out there who, in my … (4 comments)

homes: Homes for sale Gray Maine, listing your home. - 04/27/08 03:39 AM
There is a lot to consider when selling your home.
click here to search for Homes For Sale Gray, ME and other areas in Maine.
 Call several real estate agents before listing with anyone. 
Be sure to call me as well, and get an honest overview of your home and where the market is.
 I am not opposed to listing your home for more than I tell you it is worth, as long as we discuss how we are going to go about it.
IT DOES ME NO GOOD TO TELL YOU YOUR HOUSE IS WORTH MORE THAN IT IS, OTHER THAN MAYBE GET ME … (2 comments)

 

Matthew Trudel

Gray, ME

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Five Star Realty

Office: (207) 657-2277

Mobile: (207) 939-6971

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