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Freeport : Real Estate Advice

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  • Local Info2
  • Home Buying3
  • Home Selling0
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Activity 5
Fri Sep 30, 2016
Steelrail5355 answered:
Update March 23, 2015:The politicians probably have no idea of the importance of it. No one cares. Oh boy. Wait until you try to sell your home on a private road and your buyer cannot get the FHA loan. Hundreds of homeowners will be affected by this, and imagine the devastation if you simply cannot sell your home to anyone getting a loan that requires FNMA involvement. By not passing this simple bill, many will not be able to sell their homes, except to cash buyers or those getting a conventional loan. ... more
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Tue Jul 23, 2013
Ron Thomas answered:
If you're BUYING,
you don't care about that:
You don't go through a Property Manager to buy a property.
Have your Realtor take control of the situation.
0 votes 7 answers Share Flag
Mon Jul 22, 2013
Kim Benedict answered:
Its hard to say none of us have a crystal ball to predict the future... it could go up and it could go down, we never know how the market is going to go. There could be so many reasons the home is not selling... condition of what’s been put in the house, area, the current owner could be holding out for better offers, may not really want to sell, maybe difficult getting financing to purchase if its a town home/condo or planned community with a larger percentage rented out it would make the home a cash purchase and depending on cost. I'd call, go take a look and see what the property looks like and decide from there what the issue could be, and it could be just a sign of the times not every thing is selling... good luck! ... more
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Sat Jul 2, 2011
CJ Dubois-Cote answered:
Hi Tika9581,

This property went under contract on 6/14/11. Is there another I may assist you with?

Feel free to contact me directly with questions: CJ Dubois-Cote, Prudential Prime Properties, 207-615-1663 or cindy@prubay.com ... more
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Sat Feb 5, 2011
Linda Snyder answered:
Hi Ginny,

I agree with Margaret that the lack of a lockbox doesn't mean anything.

However you must be given 24 hour notice before a potential buyer can look at your unit. 9 South doesn't show up in the MLS at all, so I don't know how many units are in your building... the fewer there are, the more likely a potential buyer will want to see yours on a first showing. Unfortunately, it is entirely possible that a landlord would put a property on the market without telling the tenants until the first buyer showing is scheduled... and that could be when you first find out. (It happened to a friend of mine.)

Is there a reason why you're worrying about this? Has the landlord been having difficulties paying for heat or other bills? Have "insurance companies" been around, taking pictures? Often that's an indication that something is up... the so-called insurance company is actually an appraiser or Realtor.

If the building does go on the market to sell, your best bet is to make sure you are current with your rent, and that you're keeping your apartment in excellent shape. A new landlord won't usually want to lose a good tenant.

If there's a possible foreclosure in the horizon, you'll still want to stay current on your rent in order to have good references when it's time to look for a new place to live.

My husband John has a property management company (http://www.onthespotrentals.com), with a wonderful 2 bedroom, 2 story duplex apartment in Freeport about to come on the market... we just saw it last night with the landlord. He also has other available apartments all over Androscoggin, Cumberland, Kennebec & York Counties.

If you find yourself in a difficult position, please give him a call at 207.713.0674.

In the meantime, unless there are some things going on that you haven't mentioned, it sounds like you're okay - no sense in worrying about something that may not be an issue at all.

Take good care of yourself.
Linda Snyder, Associate Broker
Allen & Selig Realty
One Walnut Hill Commons
N Yarmouth 04097
Cell: 207.740.2247
... more
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