Tag Archives: maine short sales

Maine Short Sale Vlog: Qualify for mortgage after a short sale – no wait time!

Most people don't realize that a Maine short sale seller can qualify for a mortgage immediately after completing the sale. A few criteria must fit: Seller must not have been late on the mortgage or any consumer debts within a … Continue reading

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Foreclosures in pipeline likely to speed up in wake of robo signing settlement

Portland, Maine – Homeowners who lost their homes to questionable foreclosures from 2008-2011 may be eligible for $2,000 — not much consolation. Much has been reported about the recent robo signing settlement reached by attorneys general last week. The simple … Continue reading

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Maine Short Sale Mindset – Rebuilding your life

  The Right Maine Short Sale mindset is one of "starting over the right way"  This is not like landing on Bankruptcy on the Wheel of Fortune…its a new beginning. Rebuild your life by putting this Hardship behind you and … Continue reading

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Owning more affordable than renting

By NICK TIMIRAOS Home prices and mortgage rates have fallen so far that the monthly cost of owning a home is more affordable than at any point in the past 15 years and is less expensive than renting in a … Continue reading

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13 Tall Pines Lane Scarborough, ME – $239,000

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Bank of America Short Sales equator system

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Bank of America’s getting help to hurt homeowners in high places

  What's the worse than Bank of America acting as if it deserves immunity from all its  bad foreclosure behavior? A presidential administration that agrees. President Obama's administration is putting pressure on New York Attorney General Eric T. Schneiderman to give into … Continue reading

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Buying Maine Short Sales: Understanding the Short Sale Addendum will make or break your deal!

This is a new era, a new day and age of Maine Real Estate negotiation. One aspect to the Real Estate transaction is Contract Negotiation. When a homebuyer and seller agree to a purchase price and general terms, this is laid … 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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New Prices on 2 great Maine short sale Listings

338 Rocky Dundee Rd Buxton $239,000!!! 3 acres of pure country Maine just outside Gorham! 79 Payeur Circle Sanford, Maine $249,000 (wow!!! 4500 sq feet, great neighborhood, down street from Sanford Country Club)

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