H128445 - Hampden Village 55+ Retirement Community
• 2 bedrooms
• 1 baths
• Manufactured home
• 3 season porch w/ deck
.... visit our website and call the owner direct to schedule your showing today!
Thursday, February 28, 2008
Westfield, MA 01085 Retirement Community For Sale By Owner
H128445 - Hampden Village 55+ Retirement Community
• 2 bedrooms
• 1 baths
• Manufactured home
• 3 season porch w/ deck
.... visit our website and call the owner direct to schedule your showing today!
Tuesday, February 26, 2008
Granby, MA 01033 Home For Sale By Owner
SOLD
Colonial home bordering conservation land, featured property with Virtual Tour
• 3 bedrooms
• 1.5 baths
• Bi-level 3 season porch w/ deck
• 2 patios
.... visit our website and call the owner direct to schedule your showing today!
Friday, February 22, 2008
New Lender Requirements In Massachusetts
In response to the rise in Massachusetts foreclosures and after the sub-prime lender fallout, the Attorney General has imposed new regulations on mortgage lenders, effective January 2, 2008. While many in the industry are not thrilled with the new provisions, it seems that measures were needed to curtail more problems from arising.
One of the new regulations requires loan originators to have a "reasonable belief" that a borrower can afford a loan, based on available information about the borrower's financial circumstances. Now, that's a novel idea, or as my teenage daughter would say, "Duh."
When you stop to think about it, mortgage brokers and real estate agents both depend upon commission sales to make a living. The higher the sales price of the home, the more the agent stands to gain. Similarly, the higher the sales price, the bigger the loan and the higher commission for the mortgage broker or loan originator.
As a buyer, you can thank your friendly real estate agent for helping you to "overpay" for your dream home, as the cost of a commission is added to the seller's bottom line. You may think you don't pay a commission, but you really do. Of course, purchasing directly through the owner helps reduce the chance of overpaying. As a home owner whose taxes continue to increase, just remember how your property valuation is tied into real estate sales in your neighborhood.
One of the new regulations requires loan originators to have a "reasonable belief" that a borrower can afford a loan, based on available information about the borrower's financial circumstances. Now, that's a novel idea, or as my teenage daughter would say, "Duh."
When you stop to think about it, mortgage brokers and real estate agents both depend upon commission sales to make a living. The higher the sales price of the home, the more the agent stands to gain. Similarly, the higher the sales price, the bigger the loan and the higher commission for the mortgage broker or loan originator.
As a buyer, you can thank your friendly real estate agent for helping you to "overpay" for your dream home, as the cost of a commission is added to the seller's bottom line. You may think you don't pay a commission, but you really do. Of course, purchasing directly through the owner helps reduce the chance of overpaying. As a home owner whose taxes continue to increase, just remember how your property valuation is tied into real estate sales in your neighborhood.
Plymouth, MA Commercial School For Sale
H128321 - 4,000 sq. ft. commercial building for sale.
• Currently a pre-school
• Seller will convert to suit
.... visit our website and call the owner direct to schedule your showing today!
Wednesday, February 6, 2008
Belchertown MA 01007 Home For Sale By Owner
H128386 - tri-level, featured property with Virtual Tour
• 3/4 bedrooms
• 1.5 baths
• Pool and pond!
.... visit our website and call the owner direct to schedule your showing today!
Northampton MA Co Housing Home For Sale By Owner
SOLD!#H128426 - Rocky Hill Cohousing, featured property w/Virtual Tour
• 3 bedrooms
• 1.5 baths
• High quality construction
.... visit our website for new listings!
Monday, February 4, 2008
Feeding Hills MA Home For Sale By Owner
#H128430 - Cozy Cape, featured property w/Virtual Tour• 3/4 bedrooms
• 2 baths
• Many improvements
• Walk to elementary school
.... visit our website and call the owner direct to schedule your showing today!
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