Ken Lambert

"Housing and Finance Local Expert"
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Ken Lambert, in Portsmouth
  • 99 Answers
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  • 12 First Answers
  • 7 Useful Answers
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Ken Lambert's Questions (0)
Ken Lambert's Answers (99)
Donna, Just Looking in Massachusetts

Is there a master bath?

Asked Sat Nov 15 2008, 06:50 by Donna  -  East Falmouth  -  Home Buying  -  1 answer
Ken Lambert answered:
Hi Donna- I don't know for sure, but I would say No- because the quasi- master bedroom is also a den (optional) on the first floor- and I'm sure if there is a bath next to it- it is also accessed by other areas of the first floor. If I can be of any help, please let me know. Thanks and Good luck,

Ken L. - Yesterday, 16:12
Kevin E Park…, Home Buyer in Springfield

would owner be willing to do a lease,if so on what terms?

Asked Sun Nov 16 2008, 14:45 by Kevin E Park…  -  Springfield  -  Home Buying  -  1 answer
Ken Lambert answered:
Hi Kevin- This posted in Massachusetts instead of Ohio. On your property, call the listing agent noted. My guess is this is a preforeclosure and probably a short sale and the current seller (homeowner or the bank) will not do a lease/ rent. Thanks, and Good luck,

Ken L. - Yesterday, 15:59
Darrell Smith, Just Looking in Soouth Dakota

Is Brockton, ma safe enough to move a family of 5 (3 little girls) too?

Asked yesterday, 12:50 by Darrell Smith  -  Brockton  -  Crime & Safety  -  1 answer
Ken Lambert answered:
Hello Darrell. Tough question to answer; most realtors cannot really answer this legally- that's why there's been no responses yet. I'm not an expert of Brockton, but I do know that some of it is quite "iffy" whereas a lot of it is much like most other towns or suburbs. This question is always relative - it depends on what you are used to as a resident. Best bet is to talk to the police precincts in town about the crime rate in different neighborhoods or areas.
If I can be of any help, let me know. Thanks and Good Luck,

Ken L. - Yesterday, 15:54
Jocelyn Bish…, Home Seller in Windham

Should we drop our price AGAIN to $309.9 or lower after the election?

Asked Wed Oct 29 2008, 17:42 by Jocelyn Bish…  -  03087  -  Home Selling  -  7 answers
Ken Lambert answered:
Hello Jocelyn- Like others have said, 95 days is not that long these days. Have there been any offers in that time? How much foot traffic? Those are keys you have to know; its not all about written offers in order to determine if the home is properly advertised and/or priced.
What's the average DOM in your town?
Get another opinion on the current true value of your home, and then take 10% off of that value. Statistics show that will help your traffic and your offers.
You might also consider offering an extra 1% to the buyer's agent that brings you the buyer. That's an extra 1% out of your pocket/ proceeds, but maybe will help your foot traffic and interest a little.
Thanks, and Good luck,
Ken L.

PS- If you want an independent opinion on the value of the home, please feel free to contact me directly. Thanks. - Mon Nov 10 2008, 14:41
Michael Aron…, Real Estate Pro in 03809

Material misrepresentation of square footage

Asked Mon Nov 10 2008, 13:29 by Michael Aron…  -  03226  -  Home Buying  -  14 answers
Ken Lambert answered:
Hello Michael- I don't have anything much more to add that hasn't been said, but this is something that I have much experience in and been on every side of with different deals and sales. If you had 7 people-
buyer
seller
buyer's agent
seller's agent
appraiser
town tax assesor
home builder

All measure the SF-GLA of a home, you will likely get 7 different answers and totals. Especially if it has SF added after the house was built, or up in an attic area, etc. The home builder (and most sellers) will use the SF based on the exterior of the walls to the exterior of the walls, even though officially that will be a little high as one cannot live within the wall space; that would not be "living area".
Thanks, and Good luck,
Ken L. - Mon Nov 10 2008, 14:33
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I have over 10 years experience in real estae, including the following wide range of areas-
Mortgages
Construction loans
Rehab loan
Real Estate Investing
Homebuilding/ New Construction
Home Inspection
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