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All agents are NOT alike! Find out why we are top real estate experts. Call us: 207-784-2525.
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Request Our Free Relocation Package! Moving your family to another town or state is a major event in your life! We have helped many families and individuals relocate! Find Out More > View All Offers >
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Rodney and Julie Gagnon "...Sue was like a friend instead of a broker, always pleasant and positive..." Rodney and Julie Gagnon - Topsham, ME Read Quote > View All Quotes >
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Compare three mortgages
at one time. Download TripleCalc now. It's free.
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Sue Meservier is one of The Top Selling Real Estate Experts Find Out More > |
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Don't Forget To Request A Quick Status Report On Any Homes Or Properties That Interest You! It can take days, weeks, or longer for changes to appear on web sites. Don't waste your time with less than current information. Request our free Status Report and find out if the homes you are interested in are still on the market, under contract, in escrow, or if the price has been reduced. The Status Report that you'll receive by email will also include other important information that has been left out or that is available to us through our professional resources, such as how long the property has been on the market, when it was last sold, what it sold for, and more. Remember: As Auburn, Lewiston and Turner area real estate agents, it's our job to know more about a property than any web site. Make sure you have the most current information! 
Financing Your Home >Home Buyers Education
As the number of mortgage lenders increases, competition forces lenders to get more creative in finding ways to lend people money. This often takes the form of giving homebuyers a "break" in the down payment. The downside of this approach is that statistically, the smaller the down payment, the more likely the borrower will default. Lenders have put together an education program to prevent delinquencies, which fills a much-needed gap in the increasingly complex world of home finance.
Home buyer education classes focus on a variety of money management topics, including all the costs connected with obtaining and owning a home. One lender got together with FANNIE MAE (a government-sponsored loan guarantor) to launch a 3 percent down payment loan which requires participation in this education course. Other lenders have shown a decline in the default rate with five percent loans that are associated with similar education courses.
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| Q |
What characteristics must a home have to be considered a prestigious property?
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| A |
Unique architectural design; Highly desirable location; celebrity status--owned by a well-known person. |
See More Real Estate Trivia > |
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