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Norm and Margaret Straffin
"...in a down market-- Sue Meservier sold three properties for us, all close to asking price and within the time frame promised."
Norm and Margaret Straffin
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Sue Meservier is one of The Top Selling Real Estate Experts™
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Allstate - The Patti Gagne Agency
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Residential Mortgage Services
Residential Mortgage Services is a full-service mortgage banker and we offer a variety of loan programs and we're sure we can find the right mortgage for your unique situation.
Our Trusted Loan Advisors have the experience which allows us to prepare borrowers for their very first mortgage transaction, or for multiple mortgages over a lifetime. Once you are an RMS borrower, your advisor will follow with you through the coming years to advise of changes in market conditions and fill your needs each and every time a mortgage transaction is considered.
Buying Land and New Construction >Buying New or Buying Old
New homes typically have a higher sales price than comparable existing homes, and buyers are usually willing to spend more on a new home because of lower maintenance costs. Builders' warranties on new homes, when combined with a new roof, appliances, and major systems, usually make major repairs unnecessary and help to counter a slower initial rate of appreciation.
Census Bureau Housing Surveys suggests that operating costs are lowest for brand new homes and slightly higher for relatively new existing homes. Operating costs per square foot of living space are consistently higher for progressively older existing homes. Utility costs represent the largest factor in operating costs. Energy consumption per square foot depends on the size of the home, the insulation and quality of the windows, air leakage and the efficiency of the furnace.
New homes require fewer expenditures for routine maintenance. The cost of maintenance first increases with age, then declines, so you will generally spend less maintaining a home built before 1960 than for a home built between 1970 and 1975.
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| Q |
During what great land boom (1919) did investors pay up to $25,000 for lots that had not yet been dredged up from the ocean?
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| A |
The Florida Land Boom--Carl Fisher founded Miami Beach that year and brought hundreds of investors to the state. |
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