Category Archives: Uncategorized

Rural Development loans offer 4.5% and NO down payment and loose credit standards for buyers

  Here's the Real Estate Report brought to you by me:  Home sales down about 25% compared to this time last year thanks to expiration of tax credit + 14 months of inventory of existing homes on the market + … Continue reading

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Get a Loan Modification with the HAFA program!

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OAK HILL CONDO’s: 22 Blackpoint Rd Unit 4D Scarborough, Maine – $199,000

  FEATURED PROPERTY! 22 Blackpoint Rd Unit 4D Scarborough, ME 04074 Lovely 3 story Townhouse, full finished basement, 1 car garage detached, tennis courts, refinished wood floors through out….$199,000!  

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Rule of 88: The net proceeds to get a deal done

by Marty Macisso, Realtor, Regency Realty Group There is a common misconception that you can buy bank owned properties and short sales for HUGE discounts. This is not true…in most cases. When a mortgage goes into default and the bank … Continue reading

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Vote YES for Biddeford Downs: Support Maine harness racing and Maine’s future

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HR 3648: Mortgage Debt Relief Act

HR 3648 Mortgage Forgiveness Debt Relief Act By Katy Lindamood, eHow Contributor I want to do this! What's This? HR 3648 Mortgage Forgiveness Debt Relief Act The U.S. Capitol – Courtesy of Kevin McCoy The Mortgage Forgiveness Debt Relief Act … Continue reading

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Report indicates nearly 25% of all home sales last quarter were bank owned

A report released last month by RealtyTrac, which tracks foreclosures, found that foreclosure sales amounted to an average of 24% of all home sales during the second quarter of this year, which totaled about 248,000 homes. In Nevada, one of several western … Continue reading

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Foreclosure Auction Tuesday 9/28 in Freeport!!

Back from Auction and still available bring an offer! When bank owned properties do not sell fast enough, the bank puts them out to auction. This is a where bidders can get great deals! 101         2547 … Continue reading

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BANK OWNED SPLIT LEVEL – FREE PIANO….no joke.

BANK OWNED Split in the Lake Arrowhead association in Waterboro.  Condition is good and major systems are fine. There is really a piano in the basement This will be removed upon request. PRICE: $80,000 or b/o

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Waterfront Bank Owned Property….only in Maine!

Many properties in Maine are in a distressed situation, either in foreclosure or upside-down in value. Some of these properties are located in very desirable locations – at the water's edge. For example, the Sheepscot Harbor Resort is located in … Continue reading

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