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Find Maine Foreclosures and Short Sales

by Fontaine Family

Are you looking for a Real Estate Bargain?

In the last few years, I am sure you have heard a lot about Foreclosures and Short Sales.  If you are looking for a real estate bargain, one of these distressed properties might be a good fit for you.

Most of these properties need some work and usually the owner can't or won't take care of it before closing, so you should do your homework and be prepared to do a little work. 

So, how do you find these properties?
  There are some websites where you can sign up and search for distressed properties (for a fee) or you can go to each banks website and search for their REO properties (Real Estate Owned).  We have an easier way.  Fontaine Team lists a lot of Bank Owned and Short Sale properties so we have them easily accessible on our website


Search Foreclosures Here

Search Short Sales Here

 


If you are interested in purchasing a Foreclosure or Short Sale, we have agents experienced in the process to help guide you through the process.  Give us a call at (207)784-3800 to get started today!

The Danger of Overpricing Your Home

by Fontaine Family

The biggest mistake homeowners make when selling
is overpricing their property. 

We know it is disappointing when you meet with a Realtor and the price they suggest you list your home for is not what you hoped.  It can be tempting to just "test the market" with a higher listing price...after all what can it hurt?  We hear this all the time, but you really can hurt your chances of selling for the highest possible price the market will bear by overpricing.  What are the dangers?

1. Buyers comparison shop

Keep in mind that buyers are comparing your home to other homes on the market.  With pictures and videos of almost every home listed for sale on real estate websites, buyers "shop" online before they ever schedule a showing.  If your house isn't one of the best houses in that price range, the buyer might never even schedule a showing and if they do and the home doesn't live up to the competition...they will just write an offer on something else.  You want to be the best home in your price range.  If you are, you may even get multiple offers which will drive your price up! 

2.  Buyers may not find your home

Most buyers are searching online for their next home so they are usually at the mercy of preset price increments set by the websites.  If your home is priced at $205,000 and a buyer is searching up to $200,000, your home will not show up on their search.  They will never know you exist.  Your best bet is to keep the search increments in mind when pricing.  Instead of pricing at $205,000 consider $199,000.  You will increase the amount of buyers seeing your home and therefore increasing your chances to sell.

3.  Your home might get stale

You may want to "try" a higher price than the comps show and "just reduced the price later".   Buyers are watching what is on the market.  If they keep seeing the same listing over and over, they tend to think something is wrong with the home and just pass it over without a second thought.  You have to have people walk through the door to get offers.  Your best chance of selling for top dollar is when your listing is "fresh" on the market.  Don't blow your first impression...you only get one!

Are you interested in knowing what your home is worth in today's market?  Let us give you a FREE opinion of value.  Call (207)784-3800 and one of our experts will meet with you at your convenience.

Multiple Offers - What You Should Know

by Fontaine Family

What You Need To Know About Competing Offers?

Summer may be over, but it still feels like a Summer Market in Maine!  Just last week, we received multiple offers on 4 different properties!  While it may be great for the seller, it becomes very stressful if you are trying to buy a property with competing offers.  If a seller gets more than one offer, they have several options.  They can accept one offer and reject the rest, counter one offer, reject all offers, or ask everyone for thier highest and best offer. 


Here are some things you should know to be prepared for a multiple offer situation.

1.  Your first offer may be your only opportunity - If the seller decides to accept another offer, they do not have to give you the chance to top that offer.

2.  The seller does NOT have to tell you that there is another offer - this means you can be in a situation where you are competing with another buyer and never know it.

3.  The seller can only negotiate with one buyer at a time.

4.  The seller or sellers agent can't tell you the terms of any other offer.

5.  The seller does NOT have to accept the highest offer - other things such as closing date, type of financing, etc...may be factors in their decision.

6.  The seller can ask all buyers to present their highest and best offer before deciding to accept an offer.

In a multiple offer situation the advice of a Buyer's Agent can be very valuable.  They can guide you through every step of the way to give you your best opprotunity to purchase your dream house!

Let's Fight Breast Cancer with Cans!

by Fontaine Family

October is
Breast Cancer Awareness Month...

so we are collecting cans!

Everyone knows someone affected by cancer...a family member, friend, co-worker, or even you may have had cancer.  So, we are once again participating in Q97.9's Cans-For-A Cure and we need your help!

We will have our moving van opened up in our parking lot Monday - Friday from 8am - 4pm.  Swing by and throw in your empties.  We want to have our van packed by October 16th when one of the radio personalities from WJBQ Q97.9 comes to pick them up.  All proceeds raised will benefit the Maine Cancer Foundation and the Cancer Community Center to help with the fight against breast cancer. The money stays right here in Maine!

Stop by, say "hi", and throw your cans in the van! 

5 Tips For Staying Healthy This Winter

by Fontaine Family

5 Tips For Staying Healthy This Winter

Cold and Flu season is here...
 
 
Did you know that adults catch 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 daycan 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 or visit us at www.brendafontaine.com.

Displaying blog entries 1-5 of 5

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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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