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Rent vs Buy in Maine : Real Estate Advice

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

Activity 3
Erin Evans, Real Estate Pro in Schenectady, NY
Tue Dec 31, 2013
Erin Evans answered:
Coldwell Banker is a nation wide name and has a close relation with one of the biggest relocation programs. There are many relocation agents that I can refer you to in which ever location you decide to move to. Feel free to call, text, or email me me anytime with any questions you may have.

Erin Evans
Coldwell Banker Prime Properties
erin.evans@coldwellbankerprime.com
(518) 649-2758
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John Snyder,  in Auburn, ME
Sat Aug 10, 2013
John Snyder answered:
In Maine, a residential lease can only be written for two years max.

As a Property Manager, I heavily discourage either side from signing an initial lease for two years. If either side is unhappy with the other it is far easier to get out after one year rather then be mad at each other for two or even wind up in court.

If a one year lease works out for both parties, additional leases can be written after that or even move to a month-to-month situation.

Do you have a specific question that you are asking?
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Cindy McKenna, Real Estate Pro in York, ME
Sun Jan 22, 2012
Cindy McKenna answered:
I would not limit your search to "private parties".... in the York area there are very few for sale by owners, and don't be misled that you may get a better price without a Realtor. If you do have a buyer broker, their responsibility is to represent your best interest, including financially.
I personally purchased a lot just over a year ago, for a great price, and am now building an investment property on it.......was listed with an agency but had a few "issues" which I was able to get answers from the town and resolve, and ultimately was a more desireable buildable piece of land.
Best of luck!
Cindy McKenna, Realtor
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