Here’s a quick way to check out home sales near you.

When you sell or purchase a home, its appraised value is based largely on recent sales of similar properties nearby. Looking at recent sales can help you better understand the value of your own home or one you may someday hope to purchase.   Here’s an online resource that will allow you to check salesContinue reading “Here’s a quick way to check out home sales near you.”

Five Steps To Buying A Home in Maine

  Five Steps To Buying A Home in Maine 1. How much can you afford? Getting in touch with a lender is the best way find out what you qualify for. Your Maine loan officer will take your debt to income ratio, run your credit and give you what is known as a “prequalification letter”.Continue reading “Five Steps To Buying A Home in Maine”

2011 Year End Tax Deductions, Credits, and Planning Tips

As the year draws to a close, it’s time to squeeze in some tax deductions and credits that might save you money. If you are looking to reduce your tax liability, here are some 2011 year end tax planning tips or options you may want to consider READ MORE

REFINANCE UPDATE if your home is under water

This morning, FHFA announced their enhancements to the HARP refinancing program. Operational details of the plan are to be released on November 15. Only loans that were purchased or guaranteed by Fannie Mae or Freddie Mac on or before May 31, 2009 and have a current LTV over 80% are eligible. In addition, the loan mustContinue reading “REFINANCE UPDATE if your home is under water”

National Home Value – A look back over the last 36 years

  The housing market still faces many challenges. High unemployment, foreclosures and other distress sales are keeping negative pressure on prices. This of course is good news if you are looking to buy as low rates and lower prices have brought affordability to record levels. How Affordable? – Since 1963, it has cost an averageContinue reading “National Home Value – A look back over the last 36 years”

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