Tag Archives: Maine Real Estate News

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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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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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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