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Home Buying in Falmouth : Real Estate Advice

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  • Home Buying6
  • Home Selling1
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Activity 6
Sun Apr 22, 2012
Carole L. MacCollum answered:
Tue Mar 29, 2011
John Herrigel answered:
Good day Roxana,

It actually sold about 3 weeks ago.. sorry! Alas Trulia data is not always that accurate.

Just let me know if you would like to see some similar listings in the area at anytime directly from the MLS.

My email is johnherrigel@gmail.com or call anytime 207-6500-5383.

All the best and stay warm,
John
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Thu Mar 3, 2011
Tim Moore answered:
It's good to avoid the rent to buy pit fall. There are cycles in real estate and we are entering the cycle where renters are thinking they can get a break on buying after their credit has been damaged by going to the rent to buy. These so seldom ever work out right that they are best to be avoided.

Your approach is a fine one, not everyone should be a buyer and it is up to you to decide if it's right for you or not. If you are planning to move in the next 1-3 years, then you don't want to be burdened with the sale of a home that you have not owned long. Just to break even you need some equity in the house and you are not going to get much in this economy in 3 years. If you are planning to be around the same place for 4-5+ years, then buy, now is a great time.
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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)
www.susanmoore.masiello.com - visit me online!
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Sun Jan 2, 2011
CJ Dubois-Cote answered:
Hi Lerobeck,

The Stone Ridge Farm development is just off Blackstrap Road. If you'd like more information, please feel free to contact me directly at: CJ Dubois-Cote, Prudential Prime Properties, 207-615-1663 or cindy@prubay.com. I would be delighted to assist you. ... more
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Fri Jan 29, 2010
Linda Gardiner answered:
Good question. It is not isted in the MLS system and there obviously is no contact information. The last sale I see was back in 2003 for 255,000. It may be a "rougue" listing. They sometimes have old, expired, sold or withdrawn listings that have not been taken off the sites. Or it could be a FSBO but again, without contact info could be difficult to track down since this is a condo complex all with the same address.
If you are interested in these condos I would still contact a buyer agent for more information and again, I do recommend Brenda Whitney at ReMax.
Hope that helps!
Linda Gardiner, ABR, Town & Country REALTORS
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