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Quality of Life in Maine : Real Estate Advice

  • All68
  • Local Info1
  • Home Buying41
  • Home Selling11
  • Market Conditions1

Activity 11
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.
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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.
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Sun Feb 2, 2014
Gaikman answered:
Why choose a town like Belfast for retirement? Have you vacationed up here and love the area? Unless you have spent time in any community that is so different from your current location/home, you could be making a big mistake. Do a taste test first, preferably in the off-season. ... more
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Sat Jan 19, 2013
Janice Samson asked:
Wed Jun 15, 2011
Jeannette Beaulieu answered:
Have seen a lot of homes on the water for under $300 in the area from Edgecomb to Wiscasset. It is rare to find an owner finance. Is that a must? Send me your email address and what you are looking for as far as bedroom/bath. I can then set you up on an automatic notification so that whenever something comes on the market you will be immediately notified. ... more
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Thu Mar 31, 2011
Martha Laitin answered:
For 23 years I have been a real estate broker in the greater Belfast area. I am the product of the Belfast school system myself and a former guidance counselor at the Belfast Middle School. When I was a child there were neighborhood elementary schools and consolidation began at grade 7 through high school.

Now, Belfast has a beautiful new consolidated elementary school for all neighborhoods on the Belfast harbor side of town and a separate elementary school on the East Side, across the bridge in East Belfast. The middle school is consolidated from all neighborhoods in Belfast and the other seven district towns, grades 6 through 8 and is also a relatively new facility with a fantastic gardening program for the students (www.schoolgardenproject.com).

A busy mom with children involved in after school and weekend activities would probably prefer to be located in Belfast itself where car-pooling will ease the transportation burden, although raising children in the other towns of the school district could be the best choice for your children.

I suggest you arrange for visits and tours of a couple of the elementary schools. It will be evident to you which schools share your education goals.
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Fri Jan 23, 2009
Bill Eckler answered:
Andrew,

Check the Trulia usage guidelines.....
Your post has the look and feel of "self promotion"
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Sat Apr 26, 2008
Matthew Trudel answered:
Hi Betsy,

Currrently I don't have any single family homes in that area, but if you would like to send me an email with your min requirements, # bedrooms, ect, I would be happy to let you know if something becomes available. Have a great weekend.

Matt Trudel
Five Star Realty 207 939-6971 cell
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Tue Jul 17, 2007
James L Thompson answered:
about .8% gay couples in the population. City-Data is a great demographic info site
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