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Home Buying in Sebago : Real Estate Advice

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  • Home Buying2
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Activity 2
Thu Aug 8, 2013
Diane Libby answered:
Good Morning,
Twelve home have sold in Sebago, Maine since March 1, 2013.
Sebago is a very nice town with beautiful lakes.
Diane Libby
Portland's Choice Realty
1051 Washington Ave.
Portland, ME 04103
207-878-3035 x 204
... more
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Fri May 14, 2010
Linda Gardiner answered:
Hi Cindy,
It sounds like the foreclosure process has not been completed. The process can take anywhere from 12-18 months. The seller has the right to redeem the loan until the gavel falls at auction. So until the auction is completed and the foreclopsure process is completed, the bank does not actually have the legal right to sell the property. They sort of sit in "limbo" for a period. If this is the case, your only option would be to buy direct from the seller who stillowns the property until the foreclosure is completed.
Good luck!
Linda Gardiner
Town & Country REALTORS
1162 Union Street
Bangor, ME 04401
... more
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