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Maine : Real Estate Advice

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

Activity 637
Tue Jun 26, 2012
Shanna Rogers answered:
Hi Ellen,

There is no set percentage. The list price may be high, low, or right at current market value. The best way to know what you should offer is to have your Realtor do a Comparative Market Analysis (CMA) on the property using SOLD comps within a 1 mile radius of the property (the closer, the better) that have SOLD within the last 3 months. This will give you current market price and this is what you should base your offer on - not on list price.

Good luck.

Shanna Rogers
SR Realty
www.RealtyBySR.com
... more
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Sat Apr 6, 2013
Jeffrey Campbell answered:
sounds like a candidate for HUD or Rural Development Loan.

I recently read an article where Maine has some special loan programs out there right now for low interest loans.

Email me and I will see if I can send you some info on a lender that might be able to help.

Or maybe a lender will step up on here and offer some thoughts!
... more
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Tue Jun 26, 2012
Patricia "Pat" Aureli answered:
Hello Lee,
I'm sorry to hear that you are still having trouble getting a home equity loan. I think the last time I responded to your question, I suggested that you give me a call so I can put you in touch with expert lenders who may be able to provide you with better assistance. My offer offer still stands: call me at Coast & Dream Properties at 207-251-4566 and I will point you in the right direction. You don't have to choose to do business with this lender that can't seem to offer you what you need. Please call me. ... more
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Mon Jun 25, 2012
Tim Moore answered:
There would be no reason to try and find out. If it has not gone through the foreclosure process then the bank does not yet own it, the person with the mortgage in default still owns it until the foreclosure auction occurs, then the bank owns it. They can't sell it until they do own it. Once they own it they will look into putting it up for sale and they will not speak to you or anyone else until they are ready to do that and it can take months to get to the point where they list it for sale. ... more
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Tue Mar 19, 2013
A Keyson answered:
Nice question, I hope my answer was helpful lol
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Thu Jun 21, 2012
Jim Olive answered:
Depends where you are. Each government (state, county, town, city, etc.) does it a bit differently. Once you figure out who does the statistics for your area, it is usually pretty easy to go to their website and find out who the owner of record is for the property. For example, here in Monroe County Florida, the County Property Appraiser maintains those records and a great website to go get information on a property based on address. It will tell you who owns it, how much they paid, when they bought it, and how much the current tax assessment is. Good luck in your search... ... more
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Sat Jun 23, 2012
Nancy Moreshead answered:
Mon Jun 18, 2012
Thomas Field answered:
Newcastle Square Vacation Rentals (Mainecoastcottages.com) does vacation and year round rentals. They are located in Damariscotta. 207-563-6500
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Fri Nov 23, 2012
Anna M Brocco answered:
Since no link is visible--consider scheduling a showing and see all firsthand...
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Mon Jun 18, 2012
Gloria Hewey answered:
Sure, please forward your email to gloriahewey@masiello.com and we'll send them to you!
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Thu Jun 21, 2012
Antolin Du Bois, CFP® answered:
Depends on how much the gas costs, how cold the winters are, how big the house is, how well insulated it is, and how low you set the thermostat.
0 votes 1 answer Share Flag
Mon Mar 23, 2015
Doug Schauf answered:
It depends on the square footage of the finished space and the quality of materials you use. Hard to answer this one online.

I would be happy to come by and take a look. I could do a CMA with and without the garage. Send me an email if you want me to take a look.

Thanks,

Doug
doug@makemaineyourhome.com
... more
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Mon Jul 2, 2012
Jill Huard answered:
Try www.spectrumpropertiesofmaine.com Jayne and Cathy are great to work with, and they might have something that meets your needs!
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Tue Jun 26, 2012
Patricia "Pat" Aureli answered:
Hi Lee,
Sorry to hear about this equity loan nightmare situation you are going through. It doesn't seem fair at all, but I can tell you that the current appraisal of a property may very well not match the current town assessment, especially if the assessment was done a few years back when the selling prices of homes were considerably higher. It's not much comfort, but you certainly are not alone in this situation where equity loans are tougher to come by for the very fact that the home may not appraise "high enough" or have enough equity in it to draw against it. I can't imagine why the bank would state that there "is no value" since you bought it and have no mortgage on it. It has the value of what it can currently command in today's market which, according to the bank appraiser is $130,000. If you need recommendations for expert, local lenders and mortgage representatives, please give me a call at 207-251-4566. I'm sure they could help you sort out the truth. Pat Aureli, Broker, Coast & Dream Properties ... more
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Wed Aug 28, 2013
Ryan Rich answered:
Very interested :) send me the details or give me a call.

Ryanrich@masiello.com
2072109753
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Fri Apr 10, 2015
Ryan Rich answered:
Tue Jun 12, 2012
Stanley Tupaj answered:
I know people who have scuba-dived in Kezar Lake before but I'm not sure of anyone renting equipment around here. You could try the Kezar Lake Marina. www.kezarlake.com
or 207-925-3000. Perhaps they could point you in the right direction. ... more
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Sun Jun 10, 2012
Waterfrontregular asked:
0 votes 0 Answers Share Flag
Wed Apr 10, 2013
CJ Dubois-Cote answered:
LC,

Yes, they do.

Give me a call on Monday and we can schedule a time to go see the ones you are interested in. There are currently 3 available.

CJ Dubois-Cote, Prudential Prime Properties, 207-615-1663 or cindy@prubay.com. ... more
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