Real Estate Information

Updated Limits For FHA Mortgages In Maine

FHA adjusts their mortgage limits yearly. If you are buying a property this season and intend to apply for an FHA mortgage, it is important to be familiar with these limits and how they can fluctuate. … [Read more...]

Maine FHA Home Loans New PMI Rates starting January 26, 2015

President Obama recently announced that the PMI rates for FHA home loans is lowering by half a percent. This will help people currently looking for a property. Here is some helpful information on … [Read more...]

Ownership Relationships For Maine Property Purchases

When multiple parties buy property together, they start an agreement known as a tenancy agreement. It determines what will occur when one individual passes away. There are three types of tenancy and … [Read more...]

The Importance Of A Comparative Market Analysis For Maine Properties

A comparative market analysis (CMA) is a report compiled by an experienced listing agent to determine the potential price of a house. It is different from an appraisal, which pinpoints a exact dollar … [Read more...]

Maine Home Equity Loan Information

There are many different home equity loan options. Some can be a better fit than others based on your situation, mortgage rates, and what you need the loan for. The Maine home equity loan information … [Read more...]

Predicted Interest Rate Fluctuations In 2015 – What Maine Buyers Should Keep In Mind

Interest rates have risen since the beginning of 2015. According to many professionals, it will likely go up even more as 2015 progresses. This is critical information for individuals who plan to find … [Read more...]

Moving Suggestions For Families

Moving is one of life's most challenging occasions, especially for children. To help the family cope with the change, there are certain things that you may do preceding, amidst, and after the … [Read more...]

Eliminating PMI From FHA Home Loans Issued Prior To June 3, 2013

Many home buyers who have FHA mortgages were interested in the low down payment requirement. Since PMI is often required on mortgages with less than a 20% down payment, most FHA borrowers have … [Read more...]

Advantages Of 1031 Exchanges In Maine

A 1031 exchange is a way to defer taxes when selling one property and buying another. Properties used for business or investment can qualify. When used properly, it may lead to significant savings. … [Read more...]

Pricing Homes To Sell In Maine

Pricing is directly related to marketing time a real estate listing and whether it may sell at all. Pricing is crucial at all times but is particularly critical when there are a lot of real estate … [Read more...]