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Mooers Realty Blog

Latest Real Estate News, Local Community Area Events From Mooers Realty.

Tell Me About The Property Listings In Maine.

The property listings in Maine, the real estate for sale.

That is a big part of the discussion at our beehive, the kitchen where we serve up what we list, market, sell (repeat). But lots of ground has to be covered about the area the property listings in Maine populate.

Because not all our buyers are not all up to speed about the area.

The out of state, out of the country Maine real estate buyer does their home work from afar. They search online for local community information. Hard. houlton maine courthouse photo

In larger areas of Maine, the handful of cities there are paid professionals stocking the information shelves.

In small Maine rural towns, do an online search and not much comes up.

Not because the areas are ho hum and sleepy.

But because all the flavor of the life there is just not posted in prose or photos, video loops. Not arranged on four color brochures that sit on slanted display shelves in tourist information centers around New England.

For years the magic of these small Maine towns has been a best kept secret.

That's why we buckle down and take on the task. To be the local cub reporter, wearing the chamber of commerce hat. Rolling out the red VIP carpet welcome wagon.

To blog post about Maine, the local area way of life. Same thing with videos for local Maine community events. And you have already discovered this platform, venue to learn about more thant just property listings for sale in Maine.

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The Number One Question Real Estate Property Buyers Ask.

For starters, every real estate market like weather forecasts for different areas of the country are way way different.

Same principles in play but every real estate market does not operate the exact same. Price range has something to do with it.

High priced, lots of zero places in the property listing markets have layers of players. The price tag supports the stagers, brings in the HOA (home owners associations) and talk about zoning regulations. houlton maine courthouse photo

City real estate compared to rural country property peddling, the two venues are night and day for complex vs keep it simple.

Also besides the different set of features asked for, expected in the various property price brackets on the MLS inventory, other area questions unique to the market come up. Like tell me about leased land, how does that work.

Or owner financing Maine land, explain that from A to Z will you Mr Real Estate Broker?

So I can not speak for other real estate markets outside my playing field in Northern Maine, but when the phone rings, emails buzz in or a text vibrates. Usually the first question is what are the property taxes? On this one, that one.Then how long on the market, why are they selling?

So let's talk about property taxes on Maine real estate.

I have seen a buyer of a home pick a property listing thirty miles out of their way to save a hundred dollars on real estate taxes. It is that important to the buyer to find lower property taxes.

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You Are The Seller Of Maine Real Estate, A Home.

Sticking around or bolting out of the Maine home for sale door, to the real estate on the market hunting for a buyer?

Should the Maine home seller stay or go? This question is batted around the real estate circles with professionals usually says leave please. ice fishing in maine photo

The agent or broker will take it from here thank you very much.

My take on stay or go is it depends. On the dynamics of the market, the location away from where the buyer lives out of state and if the seller helps or hurts the process. A Maine farm takes more time to tour, like a small business listing than just a home on a small lot.

Have found a Maine real estate property listing seller on board a deterrent in only the cases where they follow around and try to help sell to the point of being obnoxious.

Trying too hard or just talking too much, domineering the tour the way the seller thinks best.

Instead of the pace and stops the buyer wants to make.It should be free and easy and not like a Disney turnstyle and back and forth to kill time in line right? But zip through slam bam can kill the chances of a sale to the buyer treated with too much haste. That feels neckreined like a horse pushed hard and kicked by the spurs at a barrel race.

Making small talk, chit chat takes away from the job at hand showing a property listing.

To serious consider this piece of real estate as something to invest in or to keep looking. Does it fit or not?

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Farmstead, Homesteading In Maine

Farmstead, Homesteading In Maine

The desire surfaces a lot, about starting a farmstead, homesteading in Maine.

No so long ago back in history, most of us were small farmers of sorts. Food is a basic need that leads the list of essentials for daily life. And an increased awareness about what exactly is good food to fuel our bodies is the buzz, rattle and hum today. farmyard barn animals photo

Wanting to know what you are putting on your family's table has become front and center important.

Nutrition, good slow cooked quality food not the fast kind with empty calories is the growing shift in what is munched on.

Sent to the stomach below at least three times a day.

Lack of safety in a city, the high traffic and steep cost of living help propel the desire even further for a farmstead, to own a homestead in Maine.

Life is short and where to bring up your children best makes the choice obvious for small rural, low cost property Maine.

So where to begin, what are the ABC's of finding, buying and running a farmstead in Maine? To make it pay. Pull it off without a hitch.

If you don't know the first thing about homesteading in Maine. I can help because of my farming in Maine background. Raised on a 300 acre farm that I purchased from my three brothers after my mom passed away helps keep my hand in the farmsteading way of life.

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Reverse Mortgages, What Are Those In Real Estate?

You see the term "reverse mortgage" a lot in the media streams.

And have been urged to get one as reverse mortgages sound like the next best things next to sliced bread. But what are they and who needs a reverse mortgage? Can you see anyone in the crowd, are you one who does?parade in maine photo

You spend much of your life paying off a mortgage and to be debt free.

And to go in a direcition that sounds backwards, to take on debt once you are free and clear sounds like a bad idea. As you get older but clarification on what exactly is a reverse mortgage.

So how do reverse mortgages work? The money you get usually is tax-free. And here is what else the Federal Trade Commission says about reverse mortgages.

How many kinds or types are there for reverse mortgages? Three exist.

The single purpose reverse mortgages – offered by some state and local government agencies, as well as non-profits. Then there are  proprietary reverse mortgages that are private loans. It all gets rounded out when discussing reverse mortgages when talking federally backed, guarantted reverse mortgages. Called Home Equity Conversion Mortgages (HECMs).

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