Buyers beware! It is safe to say that there is a percentage of first time home buyers who are not well versed in the finer points mortgage financing. Real Estate agents and brokers therefore have a responsibility to guide first time home buyers through what can easily become a tangled maze. If you are thinking of buying a home and you are not pre-approved, you need to do so right away. If you feel that you are not equipped to make a final decision you should be able to use your Real Estate sales professional as a spring board for questions, key points and direction. Real … (0 comments)
maine: Real Estate Professionals have a special obligation to Sellers in this Market.
- 10/11/06 05:17 PM
Sellers in the current market might find themselves in trouble if they do not have someone to guide them through the current market conditions. According to the National Association of Realtors Existing-home sales stabilized at a sustainable pace in August, while home prices showed an anticipated decline, according to the National Association of Realtors®. What does this mean for sellers? It means that real estate agents, associate brokers and brokers need to take special care to explain the current market in detail to all sellers. It is only human nature for these sellers to compare the "price they want today" for their … (0 comments)
maine: Thinking of buying a home?
- 10/11/06 05:04 PM
If you are thinking of buying a home, you will need to put a lot of thought into many things: Can you afford the type of home you desireHow far are you willing to move to have "more house"Are the schools in your potential area a factorWhat type of loan can you obtain?Will you be able to pay all of your bills, not just your home loan repayment monthlyThese are very basic questions that many first time home buyers over look when they find themselves in the midst of searching for a home. I think there is something to be said for taking … (0 comments)
When they begin their search for a home, they need to ask themselves if they can afford the type of home they are looking for in the greater Portland area. For many people the best and most logical choice is to look for a home that meets their financial abilities. And for more and more people this means making a choice to move away from Portland. For some this means moving south, to either Saco or Biddeford, but for many it means taking … (2 comments)
see why so many people come to live here, and why so many stay for life!
Buying or selling a property in Maine? Call Maine Realty today for the Maine standard! (207)671-6604
… (0 comments)
maine: Starter house or a multi-unit?
- 10/04/06 04:48 PM
Many first time home buyers struggle with this question. Do I buy a starter home that isn't quite what you want, or do you buy a multi-unit and owner occupy. There is compelling arguments for both sides, and it is a question that should be thought about long and hard, especially if you are going to buy a 1-4 unit and become a professional landlord. Many first time home buyers are not even aware that they can purchase a 1-4 family building with the same financing that is available to them for single family homes. Buying a multi family is a great way … (4 comments)
maine: First Time Home Buyer?
- 10/04/06 04:40 PM
Are you a first time buyer?If so, you might have many questions that you don't know how to get answered. You should take advantage of free home buyer seminars located throughout your community. Many real estate agents, and loan officers are more than happy to offer these services for free. In fact, a real estate agent or loan officer in some ways can act as a personal coach to get you on the right track to home owner ship. Check the local listings of your newspaper, free on-line calendars for such events. Many of these are put together quite well and … (0 comments)
maine: Why Buy Now?
- 10/04/06 04:19 PM
Why buy now?Buying now makes more sense because the real estate market in Maine has had an obvious shift. Sellers are more willing to reduce their prices, and give seller concessions if it is crucial to unloading their property. The market has shifted so much in fact, that many buyers are starting to have many more choices than they did even six months ago. This turn in the market is natural, appropriate and good for both buyers and sellers. Why buy now? Because buying now gives the buyer more power and more leverage in what has been commonly noted as … (0 comments)
;)
;)
