Beginning December 1, 2009, the revised Gift of Green promotion will provide all MaineHousing borrowers with $2,500 – to help with down payment, closing costs, and prepaid escrow expenses, after the borrower contributes 1% of the mortgage loan amount to the transaction. Eligible home buyers need to act quickly to take advantage of the current Gift of Green offer before it changes. Loans registered on or before November 30, 2009 will receive a grant of 4% of the first mortgage loan amount, up to a max of $5,000. Loans reserved on or after December 1, 2009 receive a grant of $2,500.
Information provided by: Maine Association of REALTORS
FOR IMMEDIATE RELEASE:
Contact Person Julia Hixon
Company Name Meservier & Associates, Keller Williams Realty Mid Maine
Telephone Number 207-784-2525
Fax Number 207-689-9801
Email Address Julia@meservier.com
Web site address http://www.meservier.com
Auburn, Maine, June 22, 2009 — Meservier & Associates of Keller Williams Realty Mid Maine is launching Home Buyer University (HBU), and offering its first free HBU workshop for home buyers to learn the ins and outs of buying real estate on Saturday, July 25 from 10:00 am to 2:00 pm. at their offices located at 34 Center Street in Auburn.
HBU is designed to educate today’s buyers on relevant issues in the home-buying process. Topics include understanding today’s buying process, information on the $8,000 tax credit available to first-time home buyers, mortgage options, the value of inspections before you buy, and understanding the legal aspects of home buying. Licensed, experienced professionals in the respective fields will present the topics and a free lunch will be provided. Following classroom time, attendees will be given the opportunity to participate in a tour of local homes to apply what they’ve learned. Anyone interested in purchasing real estate including first time home buyers and renters who want to explore what the home ownership process entails will benefit from this event. Seating is limited. For more information, to request a flyer, or to register, please call Meservier & Associates, Keller Williams Realty Mid Maine, at 784-2525.
HBU is an initiative to educate today’s consumers in purchasing real estate by providing accurate information and practical application of that information through viewing local properties for sale. Meservier & Associates is a local established real estate team lead by Sue Meservier, a top producing agent and licensed team with a combined total of over 40 years of real estate experience.
For more information, please contact Meservier & Associates, Keller Williams Realty Mid Maine, 34 Center Street, Auburn, Maine, 784-2525.
Did you know that timing the market is impossible?
The longer buyers wait for the real estate bottom, the more likely it is that they’ll miss it. As Jay Papasan, co-author of Your First Home, and a member of Gary Keller’s expert writing team, said in a recent article in the Boston Herald, “Many desperate sellers are slashing prices, paying buyers’ closing costs and throwing in home improvements. [But] once a few (potential buyers) get off the fence . . . you lose your leverage.”
Let’s repeat the end of that last sentence again.”…YOU LOOSE YOUR LEVERAGE”
I cannot express enough that leverage is the most important part of your negotiation. Sellers are motivated, inventory is at an all time high, Interest rates are still very low and for the first time home buyers, there is the 2009 tax credit up to $8000. It doesn’t get any better than this. Start your home search with the Maine MLS, get preapproved or read up on Maine real estate information at our blog at http://www.mainerealestateexperts.com
So, are you still saying….
- “I don’t feel comfortable buying right now.”
- “Let’s hold out to get the best price.”
- “We’re going to wait for the market to turn around.”
We can help you find the right home. Unsure of where to begin or don’t understand the home buying process? We got that covered too. Visit http://www.HowToBuyAHomeInMaine.com, the home buyers online resource to the home buying process. Still have questions? Call us at 207-784-2525. We’ve got answers.
LINDA GIFFORD ON “207”: Here’s the 5-minute video of Linda Gifford on last night’s “207” television program, explaining the $8,000 First Time Home Buyer Tax Credit – http://www.wcsh6.com/video/default.aspx?aid=47674
A double or single-wide manufactured home is now eligible for RD (Rural Developement) financing only when purchased from one of their approved dealers. The manufactured home requirements are:
Rural Development – Manufactured Homes
Units must be new
Placed on a private lot (not in a park)
Put on a permanent, approved foundation
Purchased through approved dealer-contractor
No furniture, including drapes, beds, chairs, sofas, lamps, tables, televisions, etc.
Furniture does not include refrigerators, ovens, ranges, washers and dryers, etc.
Certification and Inspection Requirements:
Must be stamped by a Maine Registered Professional Engineer
Must be approved/stamped by State Office
Must transfer all loads below the established frost line
Home must be permanently anchored to foundation
Manufactured Housing Unit:
Unit must have a properly affixed certification label indicating the construction of the unit is in accordance with Federal Manufactured Home Construction and Safety Standards (FMHCSS):
Must meet agency thermal requirements:
Comfort Heating and Cooling Certification
FMHCCS Uo Value Zone 3 for all of Maine
Required Contractor Statements:
Statement by dealer-contractor that any cash payments/rebates will be deducted from price of unit and not paid to applicant
Statement by dealer-contractor that the proposed cost is the full price of the unit and all development activities
If the applicant is purchasing furniture with other funds, a lien will not be filed against the Agency/Lender’s security property
Required Inspections for Manufactured Homes:
Stage 1 Inspection: Prior to or during placement of permanent foundation, but prior to backfill
Stage 2 Inspection: Final inspection when construction is complete, unit is in place but prior to occupancy
-Comfort Heating & Cooling Certificate for Zone 3
Approved Dealer/Contractor to provide:
Lien Release for all materials or labor furnished
Manufacturer’s Certificate of Origin indicating that the unit is free and clear of all encumbrances
All manufacturer’s warranties to the applicant
Recertification or Satisfactory Completion Certificate
Water Test, where applicable
Septic System Approval, where applicable
For a list of approved manufactured home Maine dealers, call our office at: 207-784-2525 or email – firstname.lastname@example.org
Well it’s done and we rolled it out today! It’s a new buyer’s guide to inform Maine home buyers. We had this wonderful idea of helping Maine real estate buyers feel more comfortable and knowledgeable about the home buying process through the use of a user friendly website at http://www.HowToBuyAHomeInMaine.com
Here you won’t be in the least bit intimidated by the Maine real estate home buying process with great content like an easy to understand flow chart, link bookmarks and a glossary with definitions of real estate terms. We discuss key points needed to make informed decisions on your journey into home ownership. Whether you’re a first time home owner or an investor, you’ll see great value in these free tools, documents and information. We are here for you and want to be your REALTORS for life!
So if you are currently renting, moving to Maine or investing in Maine property, visit http://www.HowToBuyAHomeInMaine.com and you’ll soon see why the professional REALTORS at Meservier & Associates of Keller Williams Realty Mid Maine are your trusted resource to home ownership.
This Maine real estate web site is brought to you by Meservier & Associates of Keller Williams Realty Mid Maine – 34 Center Street Auburn, Maine 04210 – Office# 207-784-2525 – 43 years of combined service! Visit us online at these great sites: www.meservier.com – www.mainemls.info – www.mainerealestateexperts.com – www.MaineWaterfrontRental.com