Home For Sale – 21 Atlantic Street, Rockland, Maine 04841

About 21 Atlantic Street, Rockland, Maine 04841

Rockland Harbor’s brilliant brick warehouse conversion with 16’ Ceilings, Multi levels, Exposed Brick, Roof Top Deck & Outstanding Ocean Views from every room! Incredible location – take a stroll on the waterfront board walk to Rockland’s historic down town area and visit the Farnsworth Art Museum, the Center for Maine Contemporary Art, numerous galleries, outstanding restaurants and quaint shops or collect sea glass and shells on the intown beach located diagonally across the street! The first floor is bright and sunny with soaring 16’ ceilings, concrete stained floors with radiant heat, large open living room and eat in kitchen with stainless steel appliances, separate island, granite counter tops and exposed brick. The additional and separate first floor family room offers a more formal dining area with stainless steel wet bar and large entertainment space. The open staircase leads to the second floor which provides the master bedroom suite and two guest rooms both with ocean views and walk in closes. The recently renovated master suite has a direct view of Rockland Breakwater Lighthouse, large walk in closet, laundry room and new master bath with free standing tub, 6’ shower with dual shower heads, dual vanity and bidet. Also on the second floor is another living room, full bath, kitchen and circular staircase to the loft bedroom all of which is easily separated to convert to legal two unit. This unique and incredible home also has a built-in pool, three more decks and two separate off street driveways. Outstanding rental history makes this a great second home or investment property.

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Homeowners: Your Home Must Be Sold TWICE

Maine Real EstateIn today’s housing market, where supply is very low and demand is very high, home values are increasing rapidly. Many experts are projecting that home values could appreciate by another 5%+ over the next twelve months. One major challenge in such a market is the bank appraisal.

If prices are surging, it is difficult for appraisers to find adequate, comparable sales (similar houses in the neighborhood that recently closed) to defend the selling price when performing the appraisal for the bank.

Every month in their Home Price Perception Index (HPPI), Quicken Loans measures the disparity between what a homeowner who is seeking to refinance their home believes their house is worth, as compared to an appraiser’s evaluation of that same home.

Bill Banfield, VP of Capital Markets at Quicken Loans urges anyone looking to buy or sell in today’s market to remember the impact of this challenge: 

“While a 1 or 2 percent difference in home value opinions may not seem like a lot, it could be enough to derail a mortgage.

A homeowner [or a buyer] could be forced to bring more cash to closing in order to make a mortgage work if the appraisal is lower than expected. On the other hand, if an appraisal comes in higher, they could be surprised with more equity than they had planned. Either way, if owners are aware of their local markets it will lead to smoother mortgage transactions.”

The chart below illustrates the changes in home price estimates over the last 12 months.

Homeowners: Your Home Must Be Sold TWICE | Keeping Current Matters

Bottom Line

Every house on the market must be sold twice; once to a prospective buyer and then to the bank (through the bank’s appraisal). With escalating prices, the second sale might be even more difficult than the first. If you are planning on entering the housing market this year, meet with an experienced professional who can guide you through this and any other obstacle that may arise.

Home For Sale – 142 Royall Point Road, Yarmouth, Maine 04096

About 142 Royall Point Road, Yarmouth, Maine 04096

Exceptional home with outstanding attention to detail! Located in Yarmouth’s highly desirable Royall Point neighborhood, this sunny home boasts: a large front yard, private back yard with water views, 2 sun rooms, 4 bedrooms/4.5 bathrooms, gourmet kitchen, 2 fireplaces, cathedral ceilings, pantry with wet bar, generator, sound system and more! Accented by extensive landscape and hardscape, this is truly an enchanting property!

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Home For Sale – 173 Malcolm Road, Bridgton, Maine 04009

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About 173 Malcolm Road, Bridgton, Maine 04009

Stunning custom designed log cape on beautiful Long Lake. This true log home has an open floor plan with a wall of windows looking out to the lake. Sliders from the dining, living, and master suite lead to an oversize deck giving you even more room for summertime entertaining! The front to back first floor master suite features a wood burning fireplace, office/sitting area, jetted tub and separate shower and walk in closet. The first floor laundry area off the kitchen provides for one floor living.. Other amenities include heated 2 car garage AND paved heated driveway, 205′ of waterfront, dock, whole house generator, and beautiful landscaping. The full basement is unfinished and is pre-framed for large walkout under the deck. Open it up and finish it for more space. This is the perfect 4 season home or vacation getaway!

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Home For Sale – 42 Sea Street, Rockport, Maine 04856

About 42 Sea Street, Rockport, Maine 04856

Classic village farmhouse with a wonderful view of Rockport Harbor in a neighborhood of fine homes. Well maintained and completely updated, with pine plank floors, 2 fireplaces, 3 bedrooms, an updated kitchen , 2 car garage and a well landscaped yard. Room for expansion. Watch all the harbor activity from your front deck. A perfect spot.

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Home For Sale – 78 Goodwin Road, Kittery, Maine 03905

About 78 Goodwin Road, Kittery, Maine 03905

Dreaming of a private cottage on the coast of Maine? Imagine sitting on your front deck watching the sun or moon rise over the Atlantic Ocean. Oceanfront setting for a buyer seeking privacy & simplicity. 3 bedroom/2 bath seasonal cottage in need of repair, features rocky shorefront with a sandy beach a short walk down the road. An ideal location on Gerrish Island in Kittery Point. Only an hour from Boston & minutes from Portsmouth NH.

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Home For Sale – 19 Salt Spray Lane, Cape Elizabeth, Maine 04107

About 19 Salt Spray Lane, Cape Elizabeth, Maine 04107

Remarkable water views from most rooms in this 4 bedroom Broad Cove home. Sited on an elevated lot this sunny home offers a wonderful lifestyle and terrific layout. French doors to upper/lower balconies allow for indoor/outdoor living and capture expansive views of the Atlantic.

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Home For Sale – 53 Whitney Farm Road, Mount Desert, Maine 04660

About 53 Whitney Farm Road, Mount Desert, Maine 04660

Privacy in a pastoral setting, yet close to the village center, Oak Hill Farm has so much to offer – a elegant custom-built house on 37+ acres with solid copper roof, hardwood floors, 2-story granite fireplace, 4 bedrooms, 3.5 bathrooms, stone patio, 3-car garage, four paddocks, a post and beam four-stall horse barn, and so many custom features. An idyllic setting for those with or without horses, with room to roam, garden, watch the bird and animal life or just relax.

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Home For Sale – 12 Black Rock Road, Scarborough, Maine 04074

 

About 12 Black Rock Road, Scarborough, Maine 04074

A rare Ferry Beach offering featuring 170′ of private beachfront with panoramic southwest ocean vistas. The property is surrounded by beachfront and a marsh rich with wildlife. The cottage is tucked in a private, unmatched setting that offers unlimited recreational activities including boating, swimming, fishing for stripers from private beach and watching the eagles soar above the marsh. The three bed, 3 bath cottage offers plenty of space for family and friends.

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Home For Sale – 67 Marquis Road, Freeport, Maine 04032

About 67 Marquis Road, Freeport, Maine 04032

Picturesque views surround this private custom built home privately nestled on 25.54 acres. This incomparable property offers a pond, open pastures, quality built home, workshop, pole barn and chicken coop. The 3 bedroom, 3 bath home features an open floor plan, vaulted ceilings, screened porch, 1st floor master and approximately 1800SF of expandable space on the 2nd floor. It’s simply a tranquil setting and just minutes to schools, shopping, highways and 30 min. to Portland.

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