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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 top Lewiston, Auburn and Poland 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! 



School Reports in Lewiston, Auburn and Poland, Maine
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Real Estate Tips
Buyers Remorse >First Time Loans

Most first-time buyers can qualify for a mortgage loan, but they may need help from parents to make the down payment or closing costs on their home. There are loan programs that minimize the down payment and closing costs for first-time buyers. These programs usually require that 3 to 5 percent of the purchase price come from the buyers' funds, not from a loan or gift. Most lenders ask for the last three months' bank records. The borrower will be asked to reveal the origin of any large deposits. If the money comes from the homebuyer's parents, the lender may not consider those funds when qualifying the buyers.

Parents who are planning to help their children finance a home should transfer any funds several months before the house-hunting process begins. If it is a loan rather than a gift, a formal re-payment agreement should be drawn up between parents and children to eliminate potential misunderstandings or future complications with either estate.

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Real Estate Trivia
Q 
What is the most expensive piece of property ever recorded?

A 
In October 1988, the Mediya Building in central Tokyo was quoted at 358.5 million yen ($248,000) per square foot.
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Gina Letourneau, REALTOR®, real estate agents and broker for Lewiston, Auburn and Poland, Maine home listings, property and land for sale - NUMBER1EXPERT(tm)

Gina Letourneau
Coldwell Banker Millett Realty

155 Center Street
Auburn, ME. 04210
Phone: 207-795-9633
Fax: 207-782-2232
Email: ginaletourneau@NUMBER1EXPERT.com

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