Tag Archives: Maine Foreclosures

Great introduction to the benefits of buying a HUD home

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Federal foreclosure initiative involves renting foreclosed homes

  A federal initiative to have investors buy and rent out thousands of government-owned homes to prevent foreclosures is drawing cautious optimism locally. The intent is to help stabilize falling home prices, particularly in neighborhoods hit by foreclosures. Local real … Continue reading

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Shadow Inventory is piling up while Foreclosure sales dip

Short Sales and negative equity will continue for a couple more years This staggering 50 to 1 ratio of 90 days or more delinquent properties and those currently in foreclosure vs. distressed sales is the latest estimate of Lender Processing … Continue reading

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Special Short Sale Listing Offer – $100 gas card upfront!

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About the Free Bank Owned property list…

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Important changes to Short Sale disclosures!

Marty Macisso discusses the new changes by the MARS rules and how it affects the seller!

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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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The difference between Maine Short Sales, Bank Owned Homes and Foreclosures

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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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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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