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Home Buyer ~ Seller FAQS – Why Real Estate Deals Die!
I have seen estimates stating that 29% of deals that go to contract and require a mortgage, don’t close. That number boggles my mind. It means that even after a buyer and seller come to terms on a sale (not an easy feat these days), 3 out of 10 transactions fall apart. What are some of the more common reasons?
Appraisal issues – In many markets, we are still seeing declining values. Appraisers are in a difficult position, and with so many transactions (including seller’s concessions to assist buyers with closing costs) values aren’t always coming in at sales prices. …continue reading
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Local Fare
We’re excited about adding “Local Fare” to our site. Local Fare will feature short blurbs on things that are happening in the area, photos of local sites, a review of a local restaurant or attraction, things to do, places to visit and more. We think it’s a neat way to show off southern Maine. Best of all…you’re invited to join us. If you have something that you’d like to say or have us do a short story on, simply drop us a line at info@TheMaineRealEstateGuy.com. We’d love to hear from you! We can’t promise that we’ll be able to publish everything, but we’ll do our best.
I hope you enjoy our blog and we look forward to your questions and comments!
York County Maine ~ Real Estate News and Local Fare
Famous People of Maine
Posted Jan. 06, 2012, at 2:42 p.m. By Emily Burnham, BDN Staff http://bangordailynews.com/2012/01/06/living/the-famous-faces-of-maine/?ref=mostReadBox We all know why Maine is a great place to ...
Wells Maine Annual Southern Maine Christmas Parade
The holidays are a great time of year in Wells Maine and York County! There are always tons of fun ...
Sanford Maine Holly Daze – December 2011
We're sharing this article written by Shawn P. Sullivan Sanford News Editor - Fosters Daily Democrat Thursday, December 1, 2011 There ...
Pick Your Own Apples – Apple Picking In Southern Maine
It's Apple Harvest Time in New England Pick Your Own Apples at These Southern Maine Orchards It's been uncommonly warm in Maine ...
Maine Open Lighthouse Day – September 17, 2011
Maine Lighthouses from Maine Office of Tourism on Vimeo. The third annual Maine Open Lighthouse Day will take place rain or ...
Acton Maine Fair August 25 through August 28, 2011
Hold On To Your Hats! Will Irene interrupt the 146th annual Acton Fair? Gates will open at 7 AM daily and ...
North Berwick ME Mill Field Festival August 20, 2011!
NORTH BERWICK, Maine - Foster's.com — The North Berwick Annual Mill Field Festival will be held on Saturday, August 20, ...
Sanford Maine 4th of July Throws A U.S. A Birthday Bash
Look at what I found for you! Below is a list of activities going on in Sanford Maine to celebrate ...
New Post
GREAT NEWS…Home Sale Up! Interest Rates Down! December Existing-Home Sales Show Uptrend — Interest Rates Hit All Time Low! Existing-home sales continued on an uptrend in December, rising for three consecutive months and remaining above a year ago, according to the National Association of REALTORS®. The latest monthly data shows total existing-home sales rose 5.0 percent to a seasonally adjusted annual rate [...]
Southern Maine Homes For Sale And Their Communities
45 Indian Ledge Drive, Springvale, ME3 Bedroom Home For Sale Sanford ME 04073. This exceptional 6 room, 3 bedroom, 3 bath townhouse is peacefully nestled along the shore of the Mousam river. This fine property offers nearly 2,000 sq. ft. of well designed living space including a spacious living area with vaulted ceiling and fireplace, open kitchen dining with patio [...]
Just For Buyers
Americans Still Believe in the Value of Homeownership by The KCM Crew Fannie Mae recently released their National Housing Survey for the third quarter of 2011. They survey the American public on a multitude of questions concerning today’s housing market. Each quarter, we like to pull out some of the findings we deem most interesting. Here they are for the most recent report: [...]
Home Financing
Protecting Your Credit Scores Over the past few years, lenders have raised their standards on credit scores. In other words, you need a better credit score today than you did two years ago in order to get the best deal on rates. Consumers have to be more diligent in protecting their scores. Credit scores are calculated by five categories: [...]
Just For Sellers
Is Your Real Estate Agent Getting You Maximum Exposure? Is Your Real Estate Agent Getting You Maximum Exposure? What can your real estate agent offer you? That is the question you ought to be asking yourself these days. With the huge shift in traditional marketing methods to the internet, and now social media/networking platforms online, it pays to do your homework before signing any [...]
Ask The Broker
Ask The Broker…Seller Questions Q. I listed my home with a realtor for 6 months, but I’m not happy with his performance and I would like to change to another. Is that allowed or legal? A. Since you have a contract for 6 months, you will have to get your agent’s permission to be released from the agreement so [...]
Just For Laughs
The Humorous Side Of The Real Estate Profession – The Steve Sells Maine Team Let’s face it, real estate is stressful for everyone these days… buyers, sellers, and real estate pros. Sometimes you have to just let it all go and look at the humorous side of the real estate profession. Congratulations On Your New Home A client bought a new home and the broker wanted to send flowers [...]
