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Like Pizza, What Do You Want On That Maine Land, For Feature Toppings?

By
Real Estate Agent with MOOERS REALTY ME Broker License 106759

Land in Maine ... Three words that are loaded, can be like toppings on the pizza you order from the local deli or corner take out grocery.

maine holstein field cows

Many of our Maine land buyers just want as big as they can get for as low cost as possible.

Others like purchasing a diamond, a precious gem say ease back on the quantity and throw in some quality feature toppings if you would, please and thank you.

Like make half of it Maine water frontage, the other half Maine farm land.

But no matter if the property offers a jaw dropping view, proximity to some Maine recreational attraction, the lower cost the listing, the better.

The bread and butter Maine land listings have less zero places in the property price.

And if there are owner financing terms, a seller owner who will carry a mortgage, all the better. Banks in Maine, everywhere are not so cranked on making land loads. Lending money on property secured by just acreage.

Why?

The banks like to sell the property mortgage. Make a chunk of change up front. Not have to carry the debt, strain on the books. Homes are easy to get out there for investors in the wide open blue yonder to purchase a chunk of the mortgage paper. Peddling it with much success on the secondary mortgage market. Land, not so much. The more attractive the owner financing land loan terms, the higher the price that can be dialed in, factored for the purchasing final selling price too.

Today's Maine land special report from the Maine Real Estate Channel is on farms. Maine farms, how to surgically perform the delicate operation to make one big one smaller and not shoot yourself in both feet in the process.

Maine, big state, some kind of friendly people and four season natural beauty. Pure and simple. That's ME.

I'm Maine REALTOR Andrew Mooers, ME Broker

Comments (7)

Virginia Hepp - Mesquite NV REALTOR
Desert Gold Realty - Mesquite NV Homes For Sale - Mesquite, NV
Mesquite NV Homes and Neighborhoods - Search MLS

A trip to Maine is on the itinerary for a future road trip - never been there.

Apr 09, 2011 05:45 AM
Andrew Mooers | 207.532.6573
MOOERS REALTY - Houlton, ME
Northern Maine Real Estate-Aroostook County Broker

(Writing "Maine" on her bucket list, Virginia puts "visit to Vacationland" on the top of her yellow legal pad list.) Thanks for popping in. Get in a state of Maine mindset.

Apr 09, 2011 06:00 AM
Tim Peterson
Wisconsin Realtor Safety and Concealed Carry Classes - Madison, WI
Realtor Safety Training Classes

Hi Andy-I love the videos you have on your posts and also your profile-great job

Apr 10, 2011 12:33 AM
Noah Levy
Coldwell Banker - Highland Park, IL
Coldwell Banker Highland Park IL

Maine is so great - returning again this summer it's where our kids spend their summers and we get our hiking and lobster fix!

Apr 10, 2011 01:55 AM
Andrew Mooers | 207.532.6573
MOOERS REALTY - Houlton, ME
Northern Maine Real Estate-Aroostook County Broker

Hoah .... Come visit, the Maine people are some kind of special, like the LOB-stahhhh.

Apr 10, 2011 02:34 AM
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Andrew,

Wonderful video, and I have enjoyed your photos as I perused through your posts.  You certainly are THE Maine Ambassador in every way...if anybody ever asks us about Maine, we know you are the man.  A

Apr 10, 2011 10:49 AM
Andrew Mooers | 207.532.6573
MOOERS REALTY - Houlton, ME
Northern Maine Real Estate-Aroostook County Broker

R & A ... Thanks for the kind words. Like doing the videos, photo collecting because I am one big personal fan of Maine. Can not imagine living anywhere else.

Apr 10, 2011 02:13 PM