Tag Archives: maine short sales

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

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About the Free Bank Owned property list…

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Loan Modifications and the HAFA program

You dont have to pay a Lawyer thousands of dollars to stop foreclosure and apply for a loan modification. You can do it yourself if you have some time, patience and a little help from your local Realtor. The Home … 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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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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Back on the market: Approved Short Sale at $93,000 – needs septic/furnace – tons of potential!

So much potential!  Sold "AS-IS" Wood floors and open concept make this a cute Ranch 5 min from the WATER. 5 min from BIW! 20 from Boothbay Harbor! Needs furnace and septic – repaired value well over $130,000!  As-Is Asking … Continue reading

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