Maine REALTOR, if you are listing your home for sale should the real estate agent or broker handling the sale be wearing a blue and gold "R" lapel pin?
Like Rotary International that was started to add some ethic training and accountability for early business folks in Chicago, lots of trade organizations started up about the same time to tame the lawlessness and wide open shoot from the hip approach to many business dealings.
Buying land in Maine, what to look out for when building a house from scratch.
This blog post also considers the top mistakes to avoid making when you build your own home in Maine. First the Maine land.
Like people the soils are different on house lots or larger property acreages.
And the first rule of real estate everyone knows about the three location, location, location mantra that reminds under everything is the land and where it is on the planet is everything when building a home.
It is so true that the land location, the how it lays in the terrain and setting is everything to the future home owner. What is happening on the adjacent lots, the property across the street or road from the Maine land where you want to build?
Will the house you have in mind fit the flavor of the other houses already constructed? What is planned for development on vacant land for the best finished structure all goes into the selection of the best possible house site for your Maine home.
What is in your view, the orientation to the southern exposure sun? Where are you toying with placing the improvements on this Maine land? Does the house, the garage, septic system, big garden, tennis court or swimming pool all go together like a puzzle where you don't have to force the pieces?
Next building permits, HHE 200 soil tests for private septic systems leach field designs are needed on your Maine land.
Every municipality is different on what is required and believe it or not there are itty bitty Maine towns that don't require building permits. Some of these small burgs or plantations that are more like settlements run everything through the Land Use Regulation Commission (LURC). The majority of folks who growl about LURC are ot the out of state building on land buyers because they are used to heavy duty zoning and layers of players.
See the local officials before you plow in to the construction and then are told hold it, you are missing some vital paperwork from town hall.
No private mortgage insurance (PMI), no down payment using your veterans eligibility certificate to buy a house.... Two pretty darn good reasons for going after a VA home loan.
Are you in the market to purchase a Maine home and in the dark on the best mortgage loan to fit your finances and match the home of your dreams? Considering a VA home loan may be the best mortgage product out there to lock and load for the shock and awe soldier. Keep your head down, your socks dry and skip the step about crawling on your belly like a reptile under barbed wire. At ease... VA home loans explained from A to Z in this real estate blog post.
My Dad was a veteran, a tail gunner in a B-24 squeezed tight in the back end of the Liberator four engine aircraft during World War Two. I have two older brothers who served and are veterans.
Part of the benefits that are many to being a veteran is your ability to use a VA eligibility certificate to buy a home in Maine. But who is a veteran. For years I was told that serving in the National Guard did not mean you were able to get a VA home loan. So let's thrash out who qualifies for a VA loan.
For starters, the all important discussion about who exactly is eligible for a VA mortgage home loan?
What's it take to qualify. It starts with your answers to a few simple questions. Can you say yes to any one of the following questions to determine VA home loan eligibility?
1) Were you on active duty for at least 90 consecutive days during wartime?
2) Have you served at least 181 days of active duty during peacetime?
3) Did you serve in the National Guard or Reserves for more than 6 years?
4) Are you a widower or widow of a military service member who died either in the line of duty or as the result of an active-duty service-related injury or disability?
How's the real estate market, is this a good time to sell my home in Maine?
What is my home worth? Is this the best time to buy a property? Study of the local real estate market in Maine, the snapshot changes like any investment right?
It's a simple math exercise with bar graph pipes and lines going up, down, sideway. The activity report to show the real estate market report numbers.
Maine has sixteen counties and they do not all behave the same just like kids. Link to county by county real estate listing activity. At the time of hunting, pecking this blog post, Maine has 16,224 active listings for sale. 3069 of them are under contract with a sale pending status. 2041 is the number of new listings in 2018 and 1872 properties have been sold this year to date. So here is what's cooking in the current market.
To look at the state of Maine to see what's for sale and where, hit this helpful search link.
My home town of Houlton Maine has 102 listings and that is not just houses but all types of property.
Raw Maine land, waterfront listings, multi unit rental housing are all in that figure to break out if needed. Not every property buyer is after the same thing. Like a menu, everyone does not select the same ole same ole.
It is interesting how many single family or condo or land listings populate one market in Maine and the supply of inventory in other markets is not the same mix amounts.
Prices for properties is a big difference too. A average house price of $70,000 could increase to $210,000 depending on the real estate property location in Maine. Maine is one big vast state. It is eight hours long. More if you are a turtle.
The maps, zoning on property in Houlton Maine.
Taking the issue to the zoning board of appeals when an exemption to permitted uses is needed all takes time with no guarantee of the outcome.
There is nothing better than looking up online or leafing through the zoning plan. Seeing okay, fine and dandy for the use. The zoning plan for a small town does allow just what you intend to do with the land location and structures planted on top.
Small Maine towns don't have home owner's associations (HOA), no snarky layers of zoning regulations or bylaws as a rule. That restrict the use of the real estate big time. In unorganized townships, plantations there is LURC, the land use regulation commission to approve the do's and don'ts when local planning and zoning boards are missing. On the 250' zone back from and around your Maine waterways, there is shoreland zoning regulations to wrestle with on new construction.
When your structures were built before the the lake front zoning became law, you are grandfathered in. But when it comes time to hope to add on or to replace a deck with something bigger, to repair a boathouse, whatever. It starts and ends with reading over current shore land zoning regulations.