Maine Real Estate For Sale !

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Hands Up Slowly, Put Down The Nail Gun... Step Away From Table Saw.

The property listing in Maine gets a visit from the real estate agent, broker.

For the what do you think of the place, how about suggesting a price to pin on the property. But as the tour through the home for sale in Maine progresses, it is easy to see one job is not done before the next is started. To the point the real estate professional has to say "whoa".ducks in a row photo

And wonder how is this house for sale in Maine ever going to get the ducks in a row. To clear all the hurdles for a secondary mortgage market home loan?

Even though we hear buyers all the time ask for something that needs tinkering, that is lower  priced but needing TLC.

The demand for handyman special homes for the Mister Fix it in the audience is a strong one.

Lots swimming in that property buyer sales pool. Give me, serve me up something I can easily afford. As the juggle with other life's obligations continues with hopefully not dropping any of the important balls.

The home buyer in Maine wants to chip away, work on the long list of do this, do that. Take their own sweet time, as money allows. But the bank appraiser for the picky, finicky Maine home loan programs says fix it all before the closing. Hurry up, there is a clock ticking, hear it? Chop chop. Or no dice.

So back to the listing where lots of house repair torn apart projects are underway.

All at the same time. But few are near completion or even close to being wrapped up, or near done. The sinking lots of more hours, money, materials into the how is the best way to close up, wrap up all these loose ends is not an option. For the seller, for most buyers.Out of time or money.old maine barn caving in photo

Investors buy those dirty but nice, handy man specials. That come with a 55 gallon job jar container but have to steal them for pennies on the dollar.

Theplaces with way way more than just paper and paint, one Saturday afternoon detailing and we're all done here.

The average Joe or Jane that are barely limbo up and over for the needed credit score.

Just doing the chin up for the having a job for two years and luke warm but just okay debt ratios in the spending.

But nothing extra in the cupboard for paying the bank application fee, lawyer, the other assorted closing costs usually on his/her side of the HUD 1. Houston, we have a problem. Let alone any repairs, to correct deficiencies.

You don't want to hurt the seller's feelings and he is pretty tickled pink with his success waving around power tools he got last Christmas. And is still paying for all those name brands from a big box home building supply store.

maine horse barn photoBut someone has to say this is tough sledding, uphill for expectations of a quick clear to close memo. To go through the round robin of players that gather around the long conference room table.

The face to face, heart to heart, explanation of what to expec.

How the financing a home in Maine goes talk is an sobering education.

And the end result is the owner says should have started a job, finished one before tackling another huh?

But no one is scolding, laying blame or enjoying the guilt trip. We have a listing to get on the market, quickly off and sold as possible.

The way it is is the way it is. Just what do we do now with what we have to work with to make this situation improve. To turn the property list, twist, sell corner. Come out with a happy, not dragged out conclusion to get everyone on with their lives. Someone new calling this property listing in Maine home their own sweet cocoon.

I'm Maine REALTOR Andrew Mooers, ME Broker

 

 

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Comment balloon 6 commentsAndrew Mooers | 207.532.6573 • November 25 2014 07:12AM

Comments

Andrew Mooers there will be many homes needing TLC and just hope the buyers have the knowledge and ability to fix things!   

Posted by Joan Cox, Denver Real Estate - Selling One Home at a Time (House to Home, Inc. - Denver Real Estate - 720-231-6373) over 5 years ago

Andrew

I have brought a number of handyman specials . . . . but you have to be ready for the work that's involved to get the home up to speed.

Good luck and success.

Lou Ludwig

Posted by Lou Ludwig, Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC (Ludwig & Associates) over 5 years ago

Hi Andrew.  I buy lot's of handyman specials in good locations.  I want the equity from repairing the home.

Posted by Conrad Allen, Webster, Ma, Realtor (Re/Max Professional Associates) over 5 years ago

Andrew, I've seen many a handyman's hard work not done to code and unfortunately need to be completely re-done.

Posted by Gabe Sanders, Stuart Florida Real Estate (Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales) over 5 years ago

Good morning Andy. Love the barn, if I owned it, it would be in better repair, but the horse will still get shelter.

Posted by Joe Petrowsky, Your Mortgage Consultant for Life (Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709) over 5 years ago

Agreed. Dirty but nice, mister fix it home. The Charlie Brown Christmas trees, the scrawny dog from the pound, rusted 1959 Cadillac with the fins. A labor of  love or match with the thin wafer thick wallet happens.

Posted by Andrew Mooers | 207.532.6573, Northern Maine Real Estate-Aroostook County Broker (MOOERS REALTY) over 5 years ago

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