properties: For Sale by Owner, Pros and Cons, Gray Maine, houses for sale - 03/29/10 02:26 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)

properties: 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)

 

Matthew Trudel

Gray, ME

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Five Star Realty

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