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Home Buying in Lewiston : Real Estate Advice

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  • Local Info1
  • Home Buying9
  • Home Selling1
  • Market Conditions1

Activity 7
Wed Aug 15, 2012
Ryan Rich answered:
I get a list every month. E mail me and I'll get it to you.
0 votes 1 answer Share Flag
Wed Aug 8, 2012
Colette Couter answered:
We sometimes have sellers who will rent their homes, but do not generally handle rentals. Please contact me directly and I can send request for any possibiliteis.
0 votes 2 answers Share Flag
Thu Jun 26, 2014
Murphy Team answered:
Devin, Since you are moving here to complete a project, perhaps your company is paying you a housing allowance. We have had clients in the past who were in your same situation and they decided to purchase a property instead of rent. If you have a reasonable down payment you may be able to invest that into a property that you could either rent when the project is done or sell (hopefully for a profit) when you leave the area.

There are many communities within commuting distance of Lewiston where you may be able to find a property. Contact a Lewiston Realtor and see if this is a possibility. Good Luck
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Wed Jun 2, 2010
Rick Beal answered:
Hi Missy,

It sounds like your Buyer Agent might be a part time real estate agent with a full time job outside the industry. Is this the first time he hasn't been available during the week? it's not the best alternative, but perhaps he could have one of his associates at the agency cover for him. ... more
0 votes 13 answers Share Flag
Tue Jul 29, 2008
Margaret Mitchell answered:
Hi Renia - I don't handle your area but you can search all Maine MLS listings on my web site, address below. Trulia is a useful tool for searching, too. If you are interested in viewing a listing, you will need to contact an agent who works in that area. Let me know if you need a few names. ... more
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Fri May 22, 2009
Sandy Shores answered:
I am not located in Idaho, and real estate markets are typically local in nature. With that being said, we often see the same thing happening in our area. Often times, appraisals come in for right at the agreed upon price on the contract. Not always, though. If the appraisal comes in too high, then it causes concern to the seller (although they are not always privy to a copy of the appraisal itself). The thought may be, did I under sell? Did my agent give me incorrect advice as to the true market value of the home? Thus, the owner may not want to proceed ahead with the transaction. They may have an issue to take up with their agent. And often it sends a red flag to the lender making the loan. Most loans stipulate that there should be not outside transactions between buyer and seller. So, it's a potential problem.

If the home does not appraise, you know what that means...the lender will not make the loan.

In my experience here, I have seen times where the lender provides the appraiser with a copy of the contract for sale and purchase before the appraisal is done. I don't know what the custom is across the US.

Also, be aware with the overinflated prices we just experienced in many areas of the country, many appraisers were put in very uncomfortable situations. Many fingers were pointed at them later, for appraising homes so high. They really couldn't win, for losing. Now whose fault was it? Buyer, seller, lender, appraiser?

Appraisers have a very, very difficult job, especially in the types of markets we have been experiencing over the past several years! I certainly would not want to do what they do!

An appraiser is probably the one that would best be qualified to answer a question like this.

Sandy Shores
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0 votes 8 answers Share Flag
Mon Feb 11, 2008
Bill Eckler answered:
Many people have are successful using

Hope this helps.

The "Eckler Team"
Century 21 Almar & Associates
Venice, Fl 34285
0 votes 1 answer Share Flag
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