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Should I Price My Home Higher?

by Fontaine Family

Should I price my home higher to leave room to negotiate?


We hear that question almost daily when talking with home owners about selling their homes. 
Sellers feel that if they add a few thousand dollars on top of the price the Realtor® suggests, it will just give them room to negotiate. 

What can it hurt, after all? 
First of all, buyers have to see your house to make an offer.  Keep in mind that they are looking at photos and comparing it to other houses of the same price.  If you are not one of the best homes at that price, buyers may just move on to the next home and never ever set foot in yours.  Any good agent will provide a seller with comparable properties and the prices they have SOLD for.  Those houses actually SOLD.  There could be other houses, priced just a few thousand dollars high still sitting on the market months after being listing.  Now buyers just scroll right past those houses saying "There must be something wrong with it or it would have sold."  Is it worth the risk?  If you price your house right, you can create a sense of urgency.  Buyers will be afraid that someone else may beat them making an offer.  Sometimes that sense of urgency even produces multiple offers and a higher sales price! 

Which situation would you choose? 
The bottom line is overpricing your home is one of the most common and costliest mistakes you can make when selling your home. 

Are you ready to see what your home is worth in today's Maine real estate market? 
Give us a call and one of our talented agents will provide you with a FREE opinion of value! 

Auburn: (207)784-3800
Scarborough: (207)289-3830

Stay Well This Cold Season

by Fontaine Family
Cold and Flu season is here...
 

  
 
Did you know that adults catches an average
 2-4 colds each year?
 
If you think that is surprising, consider this...
 
Children catch and average of 6-12 colds each year!  Yikes!
 
With that in mind here are our
Top 5 Tips for staying healthy this winter
 
1.  Wash Your Hands
Seems obvious, but most people don't wash often enough
or well enough.  Make sure you use soap and
scrub your entire hands including around your fingernails. 

2.  Change Your Toothbrush
If you have been sick, toss your toothbrush and get a new one
to avoid any lingering germs on the bristles or handle.
 
3.  Drink Water
Make sure you drink plenty of water daily. 
Staying hydrated can reduce symptoms like a sore throat or stuffy nose.
 
4.  Keep Your Nose Clean
Consider using a saline nasal spray, Neti pot or taking a hot shower. 
The warm moisture can help clear your nasal passages.
 
5.  Get Moving
Getting a little exercise and sunlight for even 10-15 minutes a day
can boost your immune system and your mood.
 

 
By the way....if you are interested in buying or selling real estate in Maine,
call (207)784-3800 for our Auburn office, (207)289-3830 for our Scarborough office, or e-mail brenda@fontaineteam.com.  

Why Is November The Best Month To Sell?

by Fontaine Family

Should You Sell Your Home In November?
November Could Be The Best Month To Sell!


Most homeowners think that once fall comes around, the home buyers disappear.  That idea may have been true at one time, but in today's market with a shortage of inventory, your home may be more likely to sell more quickly and closer to asking price in November and December. 

In today's real estate market, half of buyers are not married, so their decisions may not be based on children's school schedules.  Buyers who are looking in November could be moving because of job changes, they may have been too busy during the summer months, or they could have waited until after the busy season in hopes of getting a better deal.  November house hunters are usually more motivated and less deterred by things like snow, short days, and holidays.  If you make your house ready to view, buyers are likely to make an offer close to list price! 

Sellers tend to think that it isn't worth trying to sell during November and December and they take their homes off the market.  That could be a huge mistake for sellers.  Serious buyers who are in the market have fewer homes to choose from so there is a sense of urgency to make a good offer before someone else beats them to it!  With an already short inventory of homes for sale in Maine...we could be expecting multiple offers on listings that are priced right this November and December!  

Are you ready to sell your Maine home this November? 
Call us at (207)784-3800 or (207)289-3830 to get started today! 

Welcome to the Team

by Fontaine Family

Welcome Tim!

We are pleased to announce the addition of Tim Cyr to the Fontaine team in our Scarborough location. Tim holds an Associate Broker license and is a member of the Merrymeeting Board of Realtors, Maine Association of Realtors, and the National Board of Realtors.  

Tim is an entrepreneur and business owner.  He started and grew an IT company in southern New England which was eventually sold to a larger firm.  He has also been a consultant to growing businesses.  Tim volunteers for the Lovell Invasive Plant Patrol Committee and the ME Voluntary lake Monitoring Program to maintain the quality of Maine’s waterways.    

Tim lives in Lovell and Old Orchard Beach.  In his spare time he likes to ski, golf, play hockey, and hike in the local mountains with his terrier. 

Tim can be reached at (860)559-2911 or at tim@fontaineteam.com.

Is Buying Cheaper Than Renting in Maine?

by Fontaine Family

Buying Remains Cheaper Than Renting in 39 States!

In the latest Rent vs. Buy Report from Trulia, they explained that homeownership remains cheaper than renting with a traditional 30-year fixed rate mortgage in the 100 largest metro areas in the United States.

The updated numbers show that the range is an average of 3.5% less expensive in San Jose (CA), all the way up to 50.1% less expensive in Baton Rouge (LA), and 33.1% nationwide!

A study by GoBankingRates looked at the cost of renting vs. owning a home at the state level and concluded that in 39 states, it is actually ‘a little’ or ‘a lot’ cheaper to own (represented by the two shades of blue in the map below).

Buying Remains Cheaper Than Renting in 39 States! | Simplifying The Market

One of the main reasons owning a home has remained significantly cheaper than renting is the fact that interest rates have remained at or near historic lows. Freddie Mac reports that the current interest rate on a 30-year fixed rate mortgage is 3.91%.

Nationally, rates would have to reach 9.1%, a 128% increase over today’s average of 4.0%, for renting to be cheaper than buying. Rates haven’t been that high since January of 1995, according to Freddie Mac.

Bottom Line
Buying a home makes sense socially and financially. If you are one of the many renters who would like to evaluate your ability to buy this year, let’s get together and find you your dream home.

Are you ready to start on the paty to financial independence by purchasing your own home? 
Give us a call today, and let one of the experienced Fontaine agents go to work for you!

Auburn:  (207)784-3800
Scarborough:  (207)289-3830

Thank You for the Cans!

by Fontaine Family

Our Communities Are Awesome!

Thank you to everyone who donated their cans and bottles to help us fill up the moving van for Q97.9's Cans for a Cure!  Thanks to you, we not only filled our moving van to overflowing...we also filled up a full sized pick-up truck!  Businesses and individuals in the communities around both our Auburn office and our Scarborough offices were very generous, bringing in donations until the last minute! 


We all know someone who has been touched by cancer.  That is why this event is so close to our hearts...it raises money for the Cancer Community Center which helps those that have been affected by cancer. 

Thank you once again...
we are proud to be part of such caring communities! 

We Want Your Empties

by Fontaine Family

We Want Your Empties! 

October is Breast Cancer Awareness Month
and we are once again collecting cans and bottles for
Q97.9's Cans-For-A-Cure!

Drop your empties off at either of our locations between Monday, October 2nd and Wednesday, October 11th to help fight cancer in Maine!
Call us at (207)784-3800 and we can schedule a pick-up in the Lewiston/Auburn area!

Maine Green Homes are Here!

by Fontaine Family

Would You Love To Have A New Green Home?
How about a Green and Affordable New Business Location?

If you would like a green home built with whatever layout you want, that could be built quickly, and save on future costs & maintenance...
We have the solution for you!


 

Shelter+7 is a New cutting edge state-of-the-art eco-green "ultra-high performance building shell system"TM offers a healthier lifestyle as well as...

  • A very short construction cycle that reduces carrying cost and wait time.
  • Extremely rugged structure that can withstand high winds and heavy snow loads.
  • Low maintenance and low energy costs, increasing disposable income and the time to enjoy family, travel, and life.
  • Unlimited floor plan design opportunities to meet everyone's living, socializing, entertaining, and work preferences.
  • Smart home technology.

Best of all, they are being built right here in Maine! 

These buildings are very versatile and can be uses for a Residential home, Vacation home, Commercial building, or even Condos or Apartments.  There are unlimited design options with the floor plan and buildings can be constructed and weather tight in as few as 7-10 days!


Visit our Green Homes In Maine site to find out more and see photos and video of the building process!

Are you ready to get started on your Green Home Dream?  
Contact our Exclusive Listing agents to design on your Maine Green Home or Building today!

Click here to contact Charmaine Raby or call (207)577-1034
Click here to contact Caleb Labrie or call (207)754-4275

Download your FREE Report
7 Benefits of Archtype Green Home
HERE!

Leaf Peeping in Maine

by Fontaine Family

Here Comes the Fall Colors!

It is hard to beat the beauty of Maine in the fall!  People come from all over to see the vibrant colors. 


Are you planning on taking a Maine leaf peeping trip this fall?
Here are some suggestions from MaineFoliage.com of when and where to plan your leaf peeping trip...

September 15 - 20:
This is the very early stage of our fall foliage season. To find color, we suggest you travel to northern Maine - Aroostook County, Aroostook State Park, Allagash Wilderness Waterway, Fort Kent, Presque Isle, Ashland, Mars Hill. Peak color typically occurs in these locations the last week in September.

September 22 - 27:
Maine is traditionally experiencing less than 30% color change at this time of the year. Higher elevations in northern areas display the most color. We suggest you visit Sherman Mills, Baxter State Park, Shin Pond, Ashland and Portage.

September 29 - October 4:
Maine's hillsides are beginning to blush with more than half of the trees displaying fall colors. The best locations to leaf peep are anywhere in northern Maine, like Aroostook State Park, Route 11, Eagle Lake Public Reserved Land unit, Pittston Farm, Kineo and Rockwood.

October 6 - 11:
This is the best week for Peak Color in central Maine. Fall foliage color is in full swing in western and central Maine: Visit Grafton Notch State Park, Route 17 near Richardson Lake, Bigelow Preserve, Route 27/16 in Carrabassett Valley, Cathedral Pines Rest Area in Eustis, the lookout from Eustis Ridge, Mt. Blue State Park in Weld, Tumbledown Mountain Range, Greenville, Moosehead, Jackman, Lily Bay State Park, Rockwood, Sebec Lake and Dover-Foxcroft.

October 13 - 18:
Best week for Peak Color in western and southern Maine This is one of the peak weeks for leaf peeping as peak conditions are coloring Maine hillsides. Visit Fryeburg, Bethel, Rangeley, Mt. Blue, Skowhegan, Farmington, Rumford, north of Portland and the greater Augusta area.

October 20 - 25:
Best week for Peak Color in southern and coastal Maine. Find peak color south of Portland, Sebago Lake region, Bridgton Limerick, Waterboro, Kennebunk, Kennebunkport, Wells and York.

Please note that these dates are typical projections dates and can fluctuate by 2-3 days.

Simple Ways to Save A Downpayment

by Fontaine Family

A Dollar A Day...
That's all it takes to start saving for the downpayment on your new home!

Approximately 60 percent of homebuyers financed their home using a 6 percent – or less – down payment, according to data from the National Association of REALTORS®.
With the most recent median existing-home price clocking in at $258,300, a 6 percent down payment is $15,498.

Here are some simple suggestions from NAR on how potential buyers can cut costs and save for that down payment.

Are you considering buying a home this fall?  We can help you get started! 
Give us a call to get started today! 
One of our talented buyer agents will walk you through the process...step by step.

Auburn: (207)784-3800
Scarborough: (207)289-3830

Displaying blog entries 1-10 of 166

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Fontaine Family - The Real Estate Leader
336 Center St. Auburn, ME 04210
432 US Route 1 Scarborough ME 04074
(207)784-3800 Auburn
(207)289-3830 Scarborough
Fax: (207)786-2957

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