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Falmouth : Real Estate Advice

  • All19
  • Local Info2
  • Home Buying6
  • Home Selling1
  • Market Conditions0

Activity 17
Sun Jan 8, 2017
Kathy Burgreen answered:
You and I have similar stories. Glad to know I'm not the only one. To answer your question, do you know if your Mom had a Will? Did your sister have Power of Attorney? At this point, contact an attorney specializing in Estate Planning. Get their advice. ... more
1 vote 1 answer Share Flag
Wed Aug 17, 2016
Cathy-costa asked:
please update the listing to show it correctly? Zillow has it correct if you are pulling data from Zillow. MLS # 1277879. Falmouth has top rated schools - Trulia is potentially turning away…
0 votes 0 Answers Share Flag
Sat Mar 19, 2016
Mdyoungs asked:
Tue Aug 25, 2015
Christopher Pagli answered:
Hi, Are you listing or looking for celebrity homes in Falmouth?

Portland ME
0 votes 1 answer Share Flag
Tue Jun 2, 2015
Murphy Team answered:
If you can afford it (down payment and closing costs) and can qualify, you should buy. Rental prices, at least in our area, are high and many people pay less for a mortgage than they paid for rent. Granted, you would have to pay taxes and insurance, but those are probably deductible on your income tax. ... more
0 votes 3 answers Share Flag
Mon Mar 17, 2014
Annette Lawrence answered:
As Linda indicated, this is a life style choice.
At 66 years of age it is possible you want to enjoy your new freedoms and be available to travel more and spend extended time in place like Juneau or San Juan or even a stint in Key West.

Consult with your financial adviser to determine the best use of your resources that will align with your short and long term goals.

A rule of thumb would be if you are staying longer that 5 years, you should buy. Purchase methods and local economy can skew that time line.
... more
0 votes 11 answers Share Flag
Mon Mar 17, 2014
My NC Homes Team answered:
The advantages are no mortgage payments and as cash buyers you put yourselves in the strongest possible negotiating position possible. In essence you're paying yourselves a rate of interest equal to whatever the mortgage interest rate would be.

The disadvantages are you pulling retirement money out that you may need at some point in the future and you're losing whatever rate of return it's generating.

Whether this is a good strategy is hard for any one of us who responds to say. We don't know enough about your financial status in specific; nor are the majority of us certified as financial planners, advisers etc. This is something you should be discussing with your financial adviser.
... more
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Tue Jan 28, 2014
Murphy Team answered:
Have you tried Craig's List? They have a rental section that changes quite often.
0 votes 4 answers Share Flag
Tue Apr 30, 2013
Lois Lengyel answered:
This is the season when all motivated home sellers are sprucing up their properties to list and sell when activity is most active. Closer to end of summer, if homes have not sold, you will find more available for rentals. Real Estate brokers are a great resource for these types of homes. Please keep in touch and happy to assist! Cheers, LOIS ... more
0 votes 9 answers Share Flag
Tue Apr 30, 2013
Lois Lengyel answered:
There are several properties in West Falmouth that might be perfect for your needs for larger land and barns. Closer to the town center of course, the lots are smaller. The climate in our area may be more similar to yours than you imagine. Please keep in touch and happy to assist with your search. Cheers! LOIS ... more
0 votes 10 answers Share Flag
Sun Apr 22, 2012
Carole L. MacCollum answered:
I also have someone looking in Cape E - with a lower price range, however. If I run across something fabulous for your folks, I will certainly let you know!
0 votes 3 answers Share Flag
Sat Jun 4, 2011
Susan Moore answered:
Some owners are willing to participate in lease to own agreements. The answer tends to be property specific. There are some general questions that sellers consider.

1) What are the terms offered? I.e., do you have a downpayment with which to tempt the seller?
2) What is the seller's personal situation? Some sellers are comfortable being landlords, some aren't. Some can afford to hold their homes, some can't.
3) What is the buyer's reason for not simply buying now? Sellers are nervous that if you don't qualify for a loan now, you may not qualify a year from now. They will want to know that you have specific criteria from a lender and a real plan for being able to purchase down the road.
Most brokers know a seller or two who would consider leasing to own. I would suggest you get yourself a good buyer's agent and make proposals to specific sellers.

Susan Moore, Broker/ REALTOR
The Susan Moore Team
Better Homes and Gardens Masiello
76 TandbergTrail
Windham, ME 04062
(207) 615-1390 (cell)
(207) 893-2133 (fax) - visit me online!
... more
0 votes 1 answer Share Flag
Tue Mar 29, 2011
Rick Beal answered:
Hi Roxana,

That sold on March 11 for $163,000. You can see the details as well as other recently sold and currently available properties on my web site below. Please let me know if I can help in your search. ... more
0 votes 2 answers Share Flag
Thu Mar 3, 2011
Terry Driscoll answered:
I had a couple listings last year where this actually happened - in each case, the Seller couldn't get the price they wanted/needed in the time allowed so I hooked them up with a property manager and they are now landlords. Not every seller will want to, or will be able to (if the listing is a short sale, for example) do this. Since you seem to have looked beyond the available rental pool, all I can guess is that you found a home that you like that is for sale. Contact the homeowners and ask them. If it's been on the market for awhile, they may be interested. But be aware that you still need good credit, good employment, good references, etc. to be considered a good tenant that someone would rent their home to & you can expect a 1 year lease, max. Good luck! ... more
0 votes 2 answers Share Flag
Sun Jan 2, 2011
Laura Fleischer answered:
What a wonderful subdivision off of Blackstrap Rd in Falmouth. Let me know what questions you ahve that have not been answered already. If you have not begun your search yet, know that I would welcome the opportunity to provide you with buyer representation. My contact info is in my profile, or call me 207-776-8436
... more
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Mon May 3, 2010
Ken Lambert answered:
Hi Mahesh- This is what I found-

Feel free to contact me anytime if you need some more help. Thanks,
Ken L.
0 votes 2 answers Share Flag
Fri Jan 29, 2010
Ken Lambert answered:
Hello Mike- Did you get that listing from realtytrac or one of the other foreclosure websites? Often times, those are pretty old listings for sale that have already sold or they have been pulled off the market, etc.

If I can be of any help, please let me know. Thanks, and good luck,

Ken L.
... more
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