Home Buying in Scarborough : Advice

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Murphy Team, Real Estate Pro in 04101
Murphy Team answered:
I am selling my home and have a successful, reputable broker. We are always one of the favorites but never get an offer.
In our experience, a buyer will see many properties and base their decision on their individual criteria. If the location is fine and the price is fine, then the buyer will take a look. ... more
0 votes Share Flag Fri Jul 24, 2015 Home Buying in Scarborough
Christopher…, Real Estate Pro in 10591
Christopher Pagli - ABR, GREEN answered:
If a home is on Gorham Road in Scarborough, how much less would it sell for than being on a quiet street?
Hi, Typically a bank appraiser may adjust the appraisal amount by 20k or so for being on a busy road. It will also depend on the buyer in question. Some buyers won't mind as much as o ... more
0 votes Share Flag Wed May 6, 2015 Home Buying in Scarborough
Gail Blanche…, Real Estate Pro in Buxton, ME
Gail Blanchette answered:
Septic installation beyond closing date - how can buyers protect themselves from overages/work incompletion?
Prepaying is great unless the contractor goes bankrupt or closes shop before the install date.
0 votes Share Flag Mon Mar 23, 2015 Home Buying in Scarborough
Gail Blanche…, Real Estate Pro in Buxton, ME
Gail Blanchette answered:
When I decide on the location in Maine to buy a single family home or condo, it will be a cash purchase. Would a cash purchase be to my advantage?
Cash is always nice but whether it helps you or not depends on the $amount and other terms. A seller may very well be willing to go with a buyer who needs a mortgage if they are offerin ... more
0 votes Share Flag Mon Mar 23, 2015 Home Buying in Scarborough
Laura 'B' By…, Real Estate Pro in Saco, ME
Laura 'B' Byther answered:
How much value would it add to my home if I finished my basment,and my home is in Scarbrough.?
Hi Ann,
It is wise to not spend too much money in basements regarding return on investment.
Also, depends on amenities like ; daylight (full windows) and walkout (dog house not bulk ... more
0 votes Share Flag Fri Mar 21, 2014 Home Buying in Scarborough
Jonathan Rob…, Real Estate Pro in Portland, ME
Jonathan Robert answered:
My son and I want to purchase a home in Scarboro w/an apt both credit scores are low but I do have $20K to put down. Chances of a bank loaning?
Hello CarrieJo,


I will go the extra mile to get you approved in days.

Please call me tonight or anytime Sunday or Monday.


Thanks,

Jonathan
207 632 2110

Prudential P ... more
1 vote Share Flag Sat Sep 7, 2013 Home Buying in Scarborough
Kate Hodgson, Real Estate Pro in Portland, ME
Kate Hodgson answered:
what are taxes like in Scarborough?
The mil rate in Scarborough is $13.8 and the average for the area is around $15.33 (depending on how far out you go. The surrounding towns are usual higher: Gorham is $16.30, South Port ... more
0 votes Share Flag Thu May 23, 2013 Home Buying in Scarborough
Charlene Ham…, Real Estate Pro in Camden, ME
Charlene Hamiwka answered:
Meaning of OT when listing room types and what's on each floor of the house.
Jeff is right - it does mean OTHER. We have certain codes for different rooms - KT, DN, LR, FR, MBR, 2BR, 3BR, 4BR, OT, OT2 - on the listing sheet

OT could be a bonus room, a 5th be ... more
0 votes Share Flag Mon Aug 13, 2012 Home Buying in Scarborough
Dale W Dough…, Real Estate Pro in Maine
Dale W Doughty, Jr. answered:
My single parent step son is looking for a small house in the $100K range close to shopping and parks.
I strongly recommend that you contact someone to act as his buyer's agent. I see a couple of choices have already responded. A buyer's agent will have access to listings that meet you ... more
0 votes Share Flag Mon May 7, 2012 Home Buying in Scarborough
Rick Beal, Real Estate Pro in Portland, ME
Rick Beal answered:
Who is the real estate agent for 210 Holmes Rd. in Scarborough? We were wondering what the house taxes are generally for the year. Thanks!
Hello Wrights60. Unfortunately that property was sold on Friday and is no longer available. You can check the details on my web site below under
0 votes Share Flag Tue Mar 1, 2011 Home Buying in Scarborough
George Spato…, Real Estate Pro in Scarborough, ME
George Spatoulas answered:
When I decide on the location in Maine to buy a single family home or condo, it will be a cash purchase. Would a cash purchase be to my advantage?
Catherine,

As it was answered already, when a typical buyer buys a home, he/she "rents" money from a bank and the bank charges them a fee (Interest rate). At closing you d ... more
0 votes Share Flag Sun Feb 21, 2010 Home Buying in Scarborough
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