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Raynham Real Estate and homes for sale 508-878-0917-http://southeastmahomes.com
As an top real estate agent in the Greater Taunton-Raynham area who's an expert in this local area, I bring a wealth of knowledge and expertise about buying and selling real estate here. It's not the same everywhere, so you need someone you can trust for up-to-date information. I am eager to serve you. Here are some of the things I can do for you:
Find Your Next Home in Raynham, Taunton areaYou need someone who knows this area inside and out! I can work with you to find the right home at the right price for you, including all the neighborhood amenities that matter - not to mention the essential criteria you have for your ideal home
Sell a HomeWhen it's time to move, you need someone who will advertise your home, show to prospective buyers, negotiate the purchase contract, arrange financing, oversee the inspections, handle all necessary paperwork and supervise the closing. I can take care of everything you need, from start to close.
Consult on Home Selling TacticsOftentimes buyers don't visualize living in your home the way you do. I can make your home attractive to its ideal audience - which can help you get top dollar. Things like staging the home, making repairs or minor improvements, or even simply painting the walls can be the difference between a home resting on the market and one that's sold fast.
Lori Horton Lincoln likes
For Your Ultimate and Complete home search go to http://www.southeastmahomes.com
Search Thousands of Homes for Sale -Ultimate Taunton MA Information and Home Search
Find out what your home is worth http://tauntonhomevalue.com
Get the latest Taunton Area real estate news at http://twitter.com/mahomesforsale
Taunton Massachusetts Real Estate
SELL YOUR HOME- Southcoast Real Estate and Homes 508-878-0917 http://www.southeastmahomes.com REALTOR IN GREATER TAUNTON MA.. Rehoboth MA, Somerset, Swansea, Seekonk, Lakeville, Dighton and other cities and towns in MA and RI
When you're looking for an experienced Taunton area real estate partner to help you negotiate the complexities of selling a home in Southcoast/Southeast Massachusetts (i.e.Taunton, Rehoboth, Dighton, Swansea, Somerset, Lakeville areas)
You've come to the right place. You need a top selling real estate agent who is a Top Realtor-Real Estate Agent- to list and sell your home. The realtor experience, dedication and strong communication you'll receive here will help ensure the successful and profitable sale of your home
1. The Local Advantage - Take advantage of a broad spectrum of technologies and tools to support the sale of your home from start to close. We will sell your homequickly for the most profit possible.
2. Internet Advertising - Since the lion's share of home buyers starts their search on the internet, top placement on search engines is essential. You'll gain access to placement on Google, MSNBC, and other websites. This will maximize your exposure and bring a large number of potential buyers to view information about your home.
3. Email Campaigns - It's important to "work the network." We can work together to identify the right people to target your home-and get in touch with them by email to drive excitement and interest.
4. Personal Touch - Of course, technology alone won't sell your home. Face-to-face interaction provides the advantage to sell your home-and you won't have to worry about a thing. The details will be handled with care and constant communication, to ensure the marketing and sale of your home go smoothly.
5. List Your home with Us Today-Southcoast Real Estate Group- Lori Lincoln is a top selling real estate agent for home sellers. Call Today. 508-878-0917 or email at lorilincoln@kw.com
Serving Taunton, Rehoboth, Somerset, Seekonk, Berkley, Lakeville, Swansea,Dighton, Norton, Attleboro, Plainville, Raynham and other cities in Bristol County or Plymouth County MA, Massachusetts, and Licensed in Rhode Island
Your home can be advertised on websites all across the web, making sure buyers see your home and everything it offers. Here are just a few of the national sites where your home will appear:
To find out more about selling your home, click here or call/text Lori Lincoln direct at 508-878-0917
Swansea MA Home for Sale and Real estate
Official Listing Site-24 James Birch- Home of Distinction-call for private showing today
You deserve to live this well! You will quickly appreciate this stunning designer quality built newer homes in Swansea MA Crown Moldings throughout, Gorgeous and Unique Brazillian Cherry Hardwoods downstairs. Floor Plan flow is designed for the way you live. Step into discovering the perfect blend of location, neighborhood, design and the amenities you've been searching for! easy to show, ready to go! Brand New Finished basement, 3 zone AC so much value, Builder packages starting at $400,000 in this subdivision
24 James Birch Lane, Swansea Birch Stevens Farm packages start at $389k. This one below is $525,000
Swansea MA homes and Real estate for sale
Mark, Thank you for letting me re-blog. This is important information for self-employed borrowers. I've been preaching it over and over again.. they have to show income, no such thing as stated any longer. Great stuff, Mark
FHA Changes rules for Self Employed Borrowers Documentation Requirements for Self-Employed Borrowers – Effective for all case numbers ordered on or after April 1, 2012 except non-credit qualifying streamlines and HECMs. Documentation Requirements for Self-Employed Borrowers Self Employed borrowers will need P&L and Balance Sheet if more than a calendar quarter has elapsed since date of most recent calendar or fiscal-year end tax return was filed by the borrower – with no exceptions. Additionally, If income used to qualify self-employed borrower exceeds a two-year average, need audited P&L or signed quarterly tax returns obtained from IRS are required. So as you can see after April 1st things are tightening up - so if you have a SE borrower in contract on a short sale and it is closing after 4/1/12 you need to have their lender re- review everything. Their expenses will be heavily scrutinized going forward - don't let this rule change affect your future closings. Thanks for stopping by and reading my blog: FHA Changes rules for Self Employed Borrowers This Active Rain post is by Mark Taylor, to get your free mortgage approval please call 602-361-0707. Please click on the links below to view my AWESOME websites! Mark Taylor | Arizona Home Loans | Blarming | Will You Listen to Me | Arizona Short Sales | Arizona Foreclosures | Arizona FHA Loans | Arizona USDA Loans | Arizona HUD Homes | Ariona VA Loans | Fix My Broken Credit | Arizona Mortgage | AZ Short Sale Help
FHA Changes rules for Self Employed Borrowers
Documentation Requirements for Self-Employed Borrowers – Effective for all case numbers ordered on or after April 1, 2012 except non-credit qualifying streamlines and HECMs.
Documentation Requirements for Self-Employed Borrowers
Self Employed borrowers will need P&L and Balance Sheet if more than a calendar quarter has elapsed since date of most recent calendar or fiscal-year end tax return was filed by the borrower – with no exceptions.
Additionally, If income used to qualify self-employed borrower exceeds a two-year average, need audited P&L or signed quarterly tax returns obtained from IRS are required.
So as you can see after April 1st things are tightening up - so if you have a SE borrower in contract on a short sale and it is closing after 4/1/12 you need to have their lender re- review everything. Their expenses will be heavily scrutinized going forward - don't let this rule change affect your future closings.
Thanks for stopping by and reading my blog: FHA Changes rules for Self Employed Borrowers
This Active Rain post is by Mark Taylor, to get your free mortgage approval please call 602-361-0707. Please click on the links below to view my AWESOME websites!
Mark Taylor | Arizona Home Loans | Blarming | Will You Listen to Me | Arizona Short Sales | Arizona Foreclosures | Arizona FHA Loans | Arizona USDA Loans | Arizona HUD Homes | Ariona VA Loans | Fix My Broken Credit | Arizona Mortgage | AZ Short Sale Help
Real Esate Market Value Assonet MA- Assonet Real Estate and Homes for Sale-02702
With all the talk about the housing market values are coming back.. lets not be too hasty.
As you already know, all real estate is local. Boston and it's suburbs may be improving. Other areas such as Assonet, Taunton, and Rehoboth are showing very slow improvements. As I stated in another blog, when the market turns we will be looking back. Nobody can predict the future.
So How do you determine what the local market is doing?
Review the inventory and health of the market by looking at the number of sold and listed properties.
To understand if the market inventory is growing or shrinking, compare the number of sold properties to new listings. If inventory is growing, the market could be trending toward a buyer's market. If inventory is shrinking, then it could be a seller's market.
Gauge the health of the market by comparing the number of standard to distressed listings. If the number of distressed listings is greater, the market could be unhealthy and more likely a buyer's market.
Here is a link to my website, you can get some really great information about Assonet and other towns and where they are in the real estate arena of supply and demand.
http://www.southeastmahomes.com/mimarket/zip/02702.
As usual, always feel free to pick up the phone, text or email me. I am happy to help.
The market is changing. We don't know yet if it's shifting, stabilizing or not..yet. All real estate is local. Read what Michael Dutra of Shamrock Mortgage has to say regarding local and national markets.
Keeping you updated on the market! For the week of February 27, 2012 MARKET RECAP So are things getting better or worse? We ask because the latest data on existing-home sales fail to provide a definitive answer. Sale were up once again, increasing 4.3 percent to a 4.57 million annualized rate in January, which, in turn, dropped supply to 6.1 months, the lowest inventory level in three years. The fact that existing-home sales are rising is good news. The not-so-good news is that sales appear to be driven by discounting. The national median price fell 4.6 percent to $154,700, while the national average price dropped 4.0 percent to $201,200. In short, existing-home sales are trending higher, but the trend is being fueled in part by price discounting – at least at the national level. We're always quick to point out that all real estate is local. National numbers – averages in particular – strip local data of their individuality and meaning. That's why we are always more interested in locally produced data, which nearly always differs from what the national numbers say. For example, data from Pro Teck Valuation Services and Collateral Analytics show significant improvement in South Florida, which a few years ago was one of the leading bubble markets. On the flip side, their data show significant weakness in a few Connecticut burgs, which mostly endured the post-2007 sell-off unscathed. The bottom line is markets aren't homogenous: The country has experienced varying degrees of price corrections and sales volumes since the market peaks of 2006 and 2007. These degrees are often smoothed away in aggregated national numbers, thus limiting their usefulness. The mortgage market, on the other hand, has seen few degrees of variability of late. Mortgage rates have held a bottom achieved a couple months ago. The consensus among mortgage pundits is that this bottom will hold for 2012. It's difficult to argue with the consensus when you consider the Federal Reserve has openly stated it intends to hold the fed funds rate – the influential short-term rate – at zero through 2014. On the long-end of the interest-rate spectrum, the Fed has stated it will continue to purchase longer-term Treasury securities and mortgage-backed assets to keep mortgage rates low. This doesn't mean that mortgage rates can't get more expensive, though. The FHA recently announced it was raising premium fees on its forward mortgages by 10 basis points on conforming loans and 25 basis points on jumbo loans. These costs must be recouped from the borrower. It's also worth keeping in mind that the Federal Reserve isn't omniscient. Market forces – such an unexpected spike in inflation or economic growth – will move rates higher, regardless of what the Fed does. So take the consensus for what it is – an opinion and not a guarantee. Economic Indicator Release Date and Time Consensus Estimate Analysis Pending Home Sales Index (January) Mon., Feb. 27, 10:00 am , et 96 Index Important. The trend in the index points to continuing improvement in existing-home sales. S&P Case-Shiller Home Price Index (December) Tues., Feb. 28, 9:00 am , et 0.5% (Decrease) Important. Home prices eroded in the 4 th quarter of 2011, though more contemporary data show signs of a turnaround. Mortgage Applications Wed., Feb. 29, 7:00 am , et None Important. The continuing decline in purchase applications points to lower sales, though the rise in cash purchases is an off-setting factor. Gross Domestic Product (4th Quarter 2011) Wed., Feb. 29, 8:30 am , et 2.7% (Annualized Growth) Moderately Important. Growth remains moderate and non-inflationary. Personal Income & Outlays (January) Thurs., March 1, 8:30 am , et Income: 0.3% (Increase) Outlays: 0.5% (Increase) Moderately Important. Recent income gains point to favorable future gains in consumer spending. Construction Spending (January) Thurs., March 1, 10:00 am , et 0.4% (Increase) Important. The rebound in residential spending reflects an improving new-home outlook. Beware of the Incomplete and the Obscure We came across a couple articles that piqued our interest this past week. One was on CNBC .com, where the writer laid out an interesting hypothesis on how fewer foreclosure sales could actually drive prices lower. The writer reasoned that foreclosures are in high demand and that distressed property buyers and sellers rule the market; therefore, if demand for foreclosed properties wanes, prices will wane as well. A separate article appeared in The Wall Street Journal lamenting that mortgage rates aren't as low as they should be. The writer points to the spread between mortgage-backed securities (MBS) and posted mortgage rates, which is wider than historical norms. The writer deduces mortgage rates should be lower. Both articles were interesting, but hardly conclusive. As for high foreclosure demand propping up overall prices, prices of non-distressed properties have held firm. If prices aren't firming in the new-home market, the surge in home builder optimism doesn't appear warranted. It seems to us that home builders are experiencing better pricing. As for the spread between MBS and mortgage rates, many influential variables are at work besides MBS demand: time preferences, risk aversion, supply and demand, liquidity preferences are just a few. The spread between MBS prices and mortgage rates alone is a very incomplete picture of the mortgage market. The point is, markets are dynamic and complex, so it's impossible to narrow price determination to only one or two variables. The variables can be insightful, to be sure, but they are hardly conclusive, much less predictive. Michael S. DutraRegional Sales ManagerShamrock Financial Corporation(401) 486-6894 Phone(401) 228-9693 FaxApply online at www.TeamDutra.comNMLS #13530 Licensed in RI, MA, CT and NH
Keeping you updated on the market! For the week of February 27, 2012
MARKET RECAP
So are things getting better or worse? We ask because the latest data on existing-home sales fail to provide a definitive answer. Sale were up once again, increasing 4.3 percent to a 4.57 million annualized rate in January, which, in turn, dropped supply to 6.1 months, the lowest inventory level in three years.
The fact that existing-home sales are rising is good news. The not-so-good news is that sales appear to be driven by discounting. The national median price fell 4.6 percent to $154,700, while the national average price dropped 4.0 percent to $201,200. In short, existing-home sales are trending higher, but the trend is being fueled in part by price discounting – at least at the national level.
We're always quick to point out that all real estate is local. National numbers – averages in particular – strip local data of their individuality and meaning. That's why we are always more interested in locally produced data, which nearly always differs from what the national numbers say.
For example, data from Pro Teck Valuation Services and Collateral Analytics show significant improvement in South Florida, which a few years ago was one of the leading bubble markets. On the flip side, their data show significant weakness in a few Connecticut burgs, which mostly endured the post-2007 sell-off unscathed.
The bottom line is markets aren't homogenous: The country has experienced varying degrees of price corrections and sales volumes since the market peaks of 2006 and 2007. These degrees are often smoothed away in aggregated national numbers, thus limiting their usefulness.
The mortgage market, on the other hand, has seen few degrees of variability of late. Mortgage rates have held a bottom achieved a couple months ago. The consensus among mortgage pundits is that this bottom will hold for 2012.
It's difficult to argue with the consensus when you consider the Federal Reserve has openly stated it intends to hold the fed funds rate – the influential short-term rate – at zero through 2014. On the long-end of the interest-rate spectrum, the Fed has stated it will continue to purchase longer-term Treasury securities and mortgage-backed assets to keep mortgage rates low.
This doesn't mean that mortgage rates can't get more expensive, though. The FHA recently announced it was raising premium fees on its forward mortgages by 10 basis points on conforming loans and 25 basis points on jumbo loans. These costs must be recouped from the borrower.
It's also worth keeping in mind that the Federal Reserve isn't omniscient. Market forces – such an unexpected spike in inflation or economic growth – will move rates higher, regardless of what the Fed does. So take the consensus for what it is – an opinion and not a guarantee.
Economic Indicator
Release Date and Time
Consensus Estimate
Analysis
Pending Home Sales Index (January)
Mon., Feb. 27, 10:00 am , et
96 Index
Important. The trend in the index points to continuing improvement in existing-home sales.
S&P Case-Shiller Home Price Index (December)
Tues., Feb. 28, 9:00 am , et
0.5% (Decrease)
Important. Home prices eroded in the 4 th quarter of 2011, though more contemporary data show signs of a turnaround.
Mortgage Applications
Wed., Feb. 29, 7:00 am , et
None
Important. The continuing decline in purchase applications points to lower sales, though the rise in cash purchases is an off-setting factor.
Gross Domestic Product (4th Quarter 2011)
Wed., Feb. 29, 8:30 am , et
2.7% (Annualized Growth)
Moderately Important. Growth remains moderate and non-inflationary.
Personal Income & Outlays (January)
Thurs., March 1, 8:30 am , et
Income: 0.3% (Increase) Outlays: 0.5% (Increase)
Moderately Important. Recent income gains point to favorable future gains in consumer spending.
Construction Spending (January)
Thurs., March 1, 10:00 am , et
0.4% (Increase)
Important. The rebound in residential spending reflects an improving new-home outlook.
Beware of the Incomplete and the Obscure
We came across a couple articles that piqued our interest this past week. One was on CNBC .com, where the writer laid out an interesting hypothesis on how fewer foreclosure sales could actually drive prices lower. The writer reasoned that foreclosures are in high demand and that distressed property buyers and sellers rule the market; therefore, if demand for foreclosed properties wanes, prices will wane as well.
A separate article appeared in The Wall Street Journal lamenting that mortgage rates aren't as low as they should be. The writer points to the spread between mortgage-backed securities (MBS) and posted mortgage rates, which is wider than historical norms. The writer deduces mortgage rates should be lower.
Both articles were interesting, but hardly conclusive. As for high foreclosure demand propping up overall prices, prices of non-distressed properties have held firm. If prices aren't firming in the new-home market, the surge in home builder optimism doesn't appear warranted. It seems to us that home builders are experiencing better pricing.
As for the spread between MBS and mortgage rates, many influential variables are at work besides MBS demand: time preferences, risk aversion, supply and demand, liquidity preferences are just a few. The spread between MBS prices and mortgage rates alone is a very incomplete picture of the mortgage market.
The point is, markets are dynamic and complex, so it's impossible to narrow price determination to only one or two variables. The variables can be insightful, to be sure, but they are hardly conclusive, much less predictive.
Michael S. DutraRegional Sales ManagerShamrock Financial Corporation(401) 486-6894 Phone(401) 228-9693 FaxApply online at www.TeamDutra.comNMLS #13530 Licensed in RI, MA, CT and NH
Sellers need a Top Producer- Listing/Sellers Real Estate Agent- Realtor Rehoboth-Dighton-Swansea-surrounding areas
You’re ready to sell your property. And, while you’re looking forward to seeing the word “SOLD” posted from the curb, you know there’s a lot to consider along the way. One of your first decisions is to select a top producer-real estate listing/sellers agent who’ll join you in the process.
You deserve much more than a sign in the yard, fliers in a box and an occasional open house. You deserve an experienced agent who will be at your side, proactively. From listing to closing, ensuring that your property sells smoothly and you get the most money possible from the sale of your home.
So how do you select the right agent to sell your home?
1. Ask how many homes they sold in the past 3 years and insist on documentation.
2. Ask about their market knowledge- statistics on the area (this will be give you an idea of how experienced the agent really is).
3. Ask them what their average days on market is, and inisist on evidence.
4. Ask what their average list to sales price is.
5. Get refererences with phone numbers of sellers.
Be sure that you don't hire an agent based on years of experience. Hire based on the quality of experience in those years. I know agents that have been in business 20+ years and only sell 2 houses a year.
My local real estate market (serving Rehoboth, Swansea, Dighton and all of Southeast MA) expertise means I’m able to interpret all data that dictates the optimum pricing strategy, so your property will be priced to sell. I dig deep to learn the unique selling points of your property and neighborhood. So my marketing plans and staging strategies will effectively target and attract your potential buyers. It’s a formula for success.
And, of course, I’ll take the time to listen, understand your challenges and goals and answer any questions you may have along the way. I am a Top producer-Real Estate Agent-Realtor in Southeast Massachusetts
I appreciate the opportunity to earn your business and look forward to meeting with you!
How to Ensure Clear Title on a Property and Why Is Title Insurance Important? Greater Taunton Real Estate and Homes for Sale Blog.
When buying a home you’re bound to encounter some things that you don’t know anything about. They are things that outside of the home buying process you won’t ever run into. And since the average homebuyer only goes through this process a few times in his or her lifetime, it’s understandable that these things would be unfamiliar. A couple of items that seem to be perplexing are title insurance and the property survey, specifically how easements are represented.
When purchasing a home with a mortgage you need to get title insurance and a survey. This is required for all financed home purchases. An attorney or title company such as Luke Travis- Bristol Legal (http://www.bristollegal.com) ,typically orders property surveys. Though the buyer has to pay for this service they usually don’t need to be directly involved in the process.
Title insurance is just another line item expense when purchasing your house, paid for one time at closing. Essentially, it is protection for you and your mortgage company that the person selling you the house has full and clear title to the property and was able to legally pass it to you. The title insurance company investigates the ownership of the property and then insures their work. If the seller didn’t rightfully own the home, and someone else does, the mortgage company and the homebuyer are financially protected. Fortunately, issues of title defects are relatively rare, meaning that title insurance isn’t too expensive and really not something to worry about.
A property survey is a carefully measured drawing that shows the land that is for sale and all structures on the property. It shows how large all the structures are and how far they are from each other and the borders of the property. Most importantly, it shows setbacks and easement lines.
Wait, what? It seems like the property lines and structures should be most important, but they are not. The setbacks and easement restrictions are actually the most critical elements of the survey because those are usually where the biggest problems are found.
A setback is the required distance between the house you wish to buy and other property features. For example, a city or county ordinance (or even a homeowners association) may require that homes be set back 20 feet from the road. So even though you own your front yard, you cannot extend your house any closer than 20 feet from the road.
Other setbacks indicate how closely you can build to your property boundaries or to your neighbors’ homes. If you live in an area with natural features like streams or lakes, certain special setbacks may also dictate how close you can build to these structures.
Easements refer to property with common usage rights. also known as a right of way. For example, you may own the land that a sidewalk is on, but anyone can walk on this part of your property.
What happens if the survey reveals that part of the house (the actual structure) up for sale sits within a setback or an easement? It’s a problem! In some instances it means that part of the house will need to be torn down before it can lawfully be sold. Otherwise title cannot be passed to a new owner because someone is attempting to sell property that was not built legally.
Surprisingly, this situation is not so uncommon. It may not affect the main domicile on a property, but garden sheds or pool equipment are occasionally located in an area where they don’t have a legal right to be. In these cases your lawyer has some work to do. Hopefully, you’ll discover that the structures are grandfathered because they were erected before certain setbacks were enacted. But definitely investigate these matters fully, as doing future improvements on the property may necessitate that they be corrected in the process.
For some, the survey process is one of those “check the box” items during home buying. Most get it done and move on. But it’s important to look over everything carefully and ask questions. Surveyors are happy to discuss the survey with you, and errors on surveys can occur. Spending 15 minutes looking this over will save you the headache of having it redone down the road when you want to build or make a change on your property. And always consult an attorney with questions about Title.
PRICE is most important- price must represent value in location, condition and style.. and please don't be offended by my direct approach- Today's buyer needs a home where value exceeds price. Buyers do not care what you paid, they don't care about your sweat equity, and they do not care what you think it's worth, they don't care that you and/or your agents thinks your house is "UNIQUE"..they do not carewhat you neigbhor says it's worth, or what is would cost to rebuild. period.
With all this said, Homes ARE selling! 20% of homes on the market sell fast and for top dollar in the market.
Here's some other things to consider when sellling and some pre-listing tips....
Buyers may look at your home if the price is low, but they will also consider the fix-ups and "shop up" instead of investing 20k. They will spend more on a home that's move in ready.
Curb appeal: Buyers do judge a book by its cover. Your front yard should be nicely landscaped and eye-appealing. Fresh paint or siding outside. Mulch, gardens. Make it look really nice
Be sure you keep your home clean, neat and tidy. Hire a stager if it's in your budget. Staging alone can net you thousands more for your home.
Hardwoods are in! If you got 'em flaunt them. Remove ugly, stained or dated carpet and replace with hardwoods or new carpeting. The best choice is hardwood floors. Ceramic flooring in the kitchens and baths.
Granite or Corian countertops, maple or cherry cabinets, White cabinets have also made a comeback ( not the 80's builders grade). If you have dark oak, dingy or old looking cabinets, you may want to consider painting them white. Orange countertops- OUT!
By the way, buyers hate dark rooms. Brighten up all of your rooms with light neutral wall colors. Paneling is OUT!
Leave your appliances if they are in good working order.. Not leaving them gives buyers the impression that "this seller is like the grinch".. takes the last light bulb. and the buyer may wonder if you'll strip the trim or take the front door.
If you don't want to do any work before placing on the market you may as well just take it off the price.
Small fixes can save you from having to sell below market.
Turn offs:
Pet odors, dirty laundry hanging around, yard debris, cigarette or cigar smoke-s freshen it up and deep clean
Unpopular walls or wall colors, holes in walls, shag carpet, dirty carpets, clutter ( especially around where the mechanical systems and electrical systems are located). Broken windows, torn screens.. welll now you're probably getting the picture.
My name is Lori Lincoln, I am a Realtor with Keller Williams Realty. I help buyers and sellers in Taunton, Rehoboth, Swansea, Somerset, Raynham, Assonet, Freetown, Middleboro, Lakeville, Berkley, Dighton and surrounding towns in RI and Mass.
For more help and pointers on selling your home in today's market, go to my website at
LoriLincolnTeam.com
What type of buyers are looking at For Sale By Owner homes?
1. Someone who has already sold a home or has had a job transfer.
The buyer who has sold their home or is being transferred needs to make a
quick decision to purchase and see as many homes as possible in a short
amount of time.
2. Cautious and qualified.
This buyer is looking for the special/perfect home, that they are qualified for.
This buyer does not have to buy, maybe still has a home to sell, an is not in a
hurry to make a decision.
3. Non-qualified buyers needing special financing.
These buyers are not with agents because they know they cannot afford what they
want and need sellers help to finance.
4. Deal shopper and investors.
These buyers are not typically qualified and are looking for a deal. They need or
want to buy at 10%, 20%, or maybe even 30% less than current market value.
5. Looki-Loo’s
These buyers are just getting decorating ideas. They can’t afford it, but it is
cheaper than the movies!
****Serious buyer****s such as one and two are working with buyers agents like Lori Lincoln already and have
buyer broker agreements.
Chances are you will end up with buyers three through five.
Did you know...The National Association of Realtor study shows For Sale By Owners Net 20% less than when listed with a Realtor?
Easton Massachusetts -Home Prices- Housing Market Data- a quick look
The current number of single family homes on the market in Easton is 113
The number of single family homes sold last month in Easton MA is 5
The average list price in Easton MA is $430,860 and Average Sales price is $ 393,000 (sellers get 91% of list price on homes that sell)
The average days on market for homes sold in Easton MA is approximately 20 months. (as of Dec 2, 2012
Homes the represent outstanding value sell are under contract in less than 2 weeks. What is "Outstanding Value?
When a house is priced competitively to similar homes.( All other factors being equal..i.e., location, condition, amenities, AND...hiring the most knowledgeable, pro-active agent like me. Lori Lincoln of Keller Williams Realty
To obtain a full DETAILED market analysis ( including facts of record)on your home in Easton Massachusetts or another town in Massachusetts please visit this website and request a no obligation price quote: Get My Home Value NOW!
FACTOID: DID YOU KNOW THAT 80% of the HOMES ON THE MARKET WILL NOT SELL?? Sellers have such high hopes of selling for over market value and/or they hire the wrong agent to sell their home.
Simply Stated, and pardon my direct demeanor.. but what are you waiting for? Take that plunge already. Fear shouldn't EVEN be a factor in this market. A 200,000 house could be less than $1000. in a mortgage payment. Can you rent a house for that low price per month? In addition to a low payment, you'll can park anywhere you want on your property. You can use the backyard whenever you like.
Interest rates are now in the low 4's for a 30 year fixed rate. What this means to you is a house payment that would be less than rent. Home prices are at an all time low too. Applying for a loan is easy peasy
Buyers, you are wondering where the bottom is, it could be now or 1 year from now or 4 years from now.. but hear this..
Over time, not only does buying real estate give you a place to live, it gives you some great tax advantages where you can write off your mortgage interest and some closing costs ( check with your accountant on this).
I know of a family who in 1993, bought their first single family home for $122,000 at an 8% interest rate!, sold for a $40,000 profit in 2000. In 2001 bought their second single family home..for $175,000, sold in 2004 for a whopping $140,000 profit and then bought their dream home.. where they live now... I have to say, with all of the home buying and selling they did over the last 15 years, they told me that not once did they "time" the market.
Be the one who says "I am glad I did" vs. the one who says "I wished I had!"Even if prices come down more, it really doesn't matter because you probably will not sell your new home for at least 7 years. and again, real estate historically, though not guaranteed has proven to be a profitable investment over time for those that decide to buy.. in any market.
Over the past week, we have already seen some strong activity from buyers who want to take advantage of the market,BEFORE interest rates increase.. what about you? Don't you deserve to own your own piece of the American Dream?
2. Serious buyers have fewer homes to choose from during the holidays and less competition means more money for you!
3. Houses show better when decorated for the Holidays!
4. Buyers have more time to look for a home during the Holidays than they do during a working week!
5. Some people must buy before the end of the year for tax reasons!
6. January is traditionally the month for employees to begin new jobs. Since relocation buyers cannot wait until Spring to buy, sellers must be on the market now.
7. You can sell now for more money and we will provide for a delayed closing or extended occupancy until early next year!
8. By selling now, you may have an opportunity to be a non-contingent buyer during the Spring, when many more houses are on the market for less money! This will allow for better negotiation power when you are ready!
13 Sandy Hill Road, Raynham MA -OFFICIAL LISTING OFFICE 71289249
Welcome to Raynham Massachusetts. Raynham is a southeastern Ma community sought after for it's school system and proximity to Route 24, and 495. This home offers a nice condo alternative for a great price in Raynham. Has granite kitchen, overlooks river, all rennovated and waiting for the right buyer. Priced to go at $169,000.
This home is not a short sale or a foreclosure.
There are currently 191 Single family homes on the market in Taunton Massachusetts
There are 43 Single Family homes under contract in Taunton Massachusetts
Over the past month as of this date June 21, 2011, there were 40 single family homes sold, the average sale price is $221,326
Last year for all of 2010 the average sale price in Taunton for single family homes was $225,851 and 327 houses were sold.
This year ( Year to date) - 127 single family homes sold through June 21 at an average sale price of $221,958 for Taunton Massachusetts
(source is MLS data provided by MLSPIN)
Swansea Massachusetts Real Estate Market Report-
Currently there are 103 single homes on the market as of this date June 8, 2011
There were just 15 homes sold in May of 2011 in Swansea Massachusetts. The average sale price was 221,227. Selling at 98% of list price. (This tells us that the buyers see the value in well priced real estate homes and tend to not look at homes that are over priced)
10 single family homes in Swansea Massachusetts are scheduled to closed or as we say "Under Contract
From January 1, 2010 to December 31, 2010- the average sale price in Swansea was $242,200
From January 1, 2011 to May 31, 2011 the average sale price in Swansea was $230,531.
This tells us that Real Estate in Swansea Massachusetts has declined- year over year.
Factoid: The 2010 Massachusetts US Census indicates that Swansea Massachusetts has lost population since 1990- about ¼ of 1% in 10 years.
Bristol County Massachusetts Census Data and Real Estate Values
A general statement: While population increases affect each towns real estate values positively, declining population skews towards negative home values.
From Massachusetts Census Bureau
Before I was a full time realtor, I bought a beautiful home where I live now. Multiple offers and I had to do something. I wasn't even in the market for a house until I saw this one. I love where I live, I don't care that my equity isn't there. My home is my lifestyle asset and moved mountains and jumped through hoops to get it.
I think of how things are today. Buyers care about resale.. Seller's do reverse offers, my how things have changed...read on:
July 9,2004
To the sellers,
I am writing to convince you that we are extremely interested in purchasing your property.
We love your property. We weren't even looking until we came across it on realtor.com. As soon as I saw it, around June 26th, 2004, I called Carolyn at Keller Williams.
She was very professional and indicated that you wouldn't take a buyer who had a house to sell or anyone that wouldn't pay full price. A day later: I put my house on the market. I did this because I really want to buy your house. Carolyn also indicated that you needed a sizable down payment, which I didn't have, and do not have until I sell my house. (Please understand that this was not a planned decision, since we have not considered any homes except yours.)
On or about July 1st, I found a bank that would give me 100% financing without selling my house. I immediately called Carolyn, and went to her house in Wareham (45 minutes away from where I live), to drop off my offer and the pre-approval letter. In the meantime, I have been using paychecks which I am saving up for you for the deposit.
On July 3rd. I received an offer on my house, and entered into an agreement. The buyer was a first time homebuyer and had been looking for over 6 months. She gave me a deposit, is pre-approved and plans on closing on or before August 6th.( She postponed her closing date from July 26th because I told her we probably couldn't move until late August.) She has to close on my house before August 6th, so that she doesn't lose her interest rate.
On July 9th, I scheduled an inspection on the Berkley street to convince you moreso that we want to and have the financial means to purchase your home. After inspection, there were no second thoughts, We are not asking for anything except the Title 5.
We are offering $384,000 and not asking for you to cleaning, repairs, etc. We would also offer to you that if there is anything that you would like to leave, we would take care of it.
I really don't know what else to do to be more convincing that we REALLY want to purchase your home.
Because this was un-planned, I am trying so hard to get your deposit together. I can't touch my 401k, my bank needs it for assets on the home that I am hopefully purchasing from you. I can't touch the equity in my home. My home is under agreement.
I just got a great raise, but it only started in June. I have been diligent in trying to gather enough cash to keep giving to Carolyn for your down payment requirement.
I am approved for 100% financing. We can close anytime, without selling my house. Carolyn has the pre-approval for this, and I already have the good faith estimate, which I will give to Carolyn on Monday 7/12.
Could you please let us close earlier? We will not move in until late August, nor will we bother you to move in until then.
Its just easier for your family because you can get funded sooner.
Its easier for us because we get the home of our dreams, and are guaranteed a place to live(since our house is sold), and again, you get your funds sooner.
Would you please consider closing the first week of August?
Respectfully,
Lori Lincoln
My stroll down memory lane, by the way, Carolyn Phillips the realtor who sold me the house, recruited me into the business..
Real Estate and Market Trends in Massachusetts
All Real Estate is Local and values can vary substantially even from one town to the next town over. While the Greater Boston area ( Newton, Boston, Cambridge, Brookline) is in recovery,New Bedford, Fall River, Swansea, Somerset, Taunton and most Bristol and Plymouth County Towns are not.
Are you confused about house values in Massachusetts.? There are several different camps out there.
So here's see it:
There is one camp that says there will be double dip.
Another camp says we are in recovery.
Another camp touting a new construction shortage..
...no wonder there's so much confusion.
When you watch a news program or read a Market trends publication, it's always good to consider the source.
As you read the list below, think about the audience of each media, and who they are attempting to reach.
Also when you review the numbers- most of the national companies that reporting data will only use the top 10-15-20-25 major cities/metro areas... and the data does not reflect every city and town in the Country:
Zillow
Banker and Tradesman (Massachusetts)
Clear Capital
Case Shiller
National Association of @[587360818:Realtors]
CNBC
CNN
... to name a few.. I am not going to post charts and graphs here. Leave that to the "experts"
Evaluate whether or not you believe the data is accurate or skewed and why.
I believe that whatever and wherever we are in real estate, people are still buying real estate and selling real estate. Loan rates are very low, and unemployment rates have come down, and hyper local real estate data is THE best way to determine home values.
People who've wanted to move have been pent up for years..waiting and waiting, only to realize that they aren't getting any younger, the value of their homes isn't improving and likely has declined, but now have become determined.. they must move to achieve their dreams and goals and have better lives. Those are facts.
If you or someone you know would like to know what their home is worth, please call me for a no obligation market analysis. Click Here for FREE Online Request.
Thank your for viewing my blog!
DOUBLE LOT! Grandfathered lot-possible subdivide for new owner! Enjoy 1 level living on a nice side street location with spacious back yard. Eat in Kitchen Open Floor Plan, sliders off dining area. Hardwood floors under carpet in most rooms. Full basement and large attic for storage. Call List agent for private showing. Easy to buy! Daily updates to this home are in process..there isn`t sign on the property.
Breath that Country Air! Own this home now- in time for summer fun, Imagine living in this gorgeous home with sparkling inground pool, pool house,outdoor hot tub in-law house,storage, privacy Built by the owner-up to 6 bedrooms.Eat in Kitchen, Whole house deck, 2 sliders to outdoors for easy entertaining, Hardwood Floors-custom beams,-l BONUS IN LAW HOUSE! Large separate 4 bay garage for horses? campers-farm equipment? More than you can possibly see online, call for appt.
You can find great local Massachusetts real estate information on Localism.com LoriLincoln,Taunton Massachusetts Real Estate