Thank you Stefan for the copy of your trends report!
real estate
This Western MA home appraisal is STUPID
So, I have a listing in Westfield, MA that is going under contract and today the appraiser called to make an appointment to view the property. This is good, EXCEPT, the appraiser is from central New Hampshire!
There is no denying that we are still rebounding from a huge financial disaster and I understand (better than most) how appraisals affected this problem. I know why we need to be conservative and careful but do we really need to be outright STUPID?
Did Your Western MA Home Fail To Sell? Expired Listing Checklist
Did your home in Westfield, Southwick, Agawam, West Springfield or other parts of Western MA fail to sell and is now an expired listing?
Are you still hoping to sell your Western MA home but feeling frustrated by the previous failure?
Do you wonder WHY your Western MA home didn’t sell?
The team of Jeremie Lambert-Faria and Lesley Lambert of Park Square Realty can help you to find the answer to why your Western MA didn’t sell. Known as an expired listing, this is a property that was exposed to the buying market in Western MA and failed to sell.
Go through this Expired Listing Checklist to help see why your home didn’t sell. If you can say NO to any one of these steps then we can help.
Please call Lesley Lambert and Jeremie Lambert-Faria of Park Square Realty today for your free evaluation on “why your Western MA house didn’t sell” and consultation on our Expired Listing Checklist. Our team prides itself on helping home owners in Westfield, Southwick, Agawam, West Springfield and other parts of Western MA find success in selling their home.
If you prefer you can fill out this form and we will contact you.
We are REALTORS in Western MA with over 25 years of professional experience geared towards working with our clients on a personal level with a high level of service and unique tools.
Call Lesley and Jeremie, real estate agents at Park Square Realty at 413-454-4089 today to schedule a free, no obligation expired listing consultation.
Southwick, MA Distressed Property Report
Are you curious about foreclosures or short sale homes for sale in Southwick, MA 01077?
Here is the distressed properties available as of the beginning of February 2011.
Southwick MA Distressed Property for Sale
View more documents from Lesley Lambert.
If you would like to be added to an automated email that will send you a list of all distressed properties available in Southwick, MA or the surrounding areas, please fill out this form:
What difference can 1% make in your home buying power?
Mortgage rates are on the rise and home buyers and home sellers in Western Massachusetts need to know what the changing rates mean to their buying and selling power.
Let’s take a look at a specific example in a post that I wrote for Masslive.com:
Susie Buyer wants to purchase a $200,000 house. Her current loan is set at 5% with $10,000 down over 30 years. Her monthly payment is approximately $1,230.
She waits on making her purchase and interest rates rise to 6% changing her monthly payment to $1,350.
Now, you may say to yourself, “well, that is only $120 a month, not a big deal”. However…this change will affect her debt to income ratios and in many cases will reduce her buying power. It is very possible that Susie will now have to reduce her purchase level to $184,000 or lower to meet her guidelines and keep the monthly payment at about $1,230. Now I think we can all agree that $16,000 or more is pretty significant.
Susie qualifies for less home, which will surely be disappointing to her when she starts to comparison shop, but is also significant for home sellers.
When rates go up the pool of buyers who qualify to purchase your home goes down.
What can you do about it?
Buyers can get qualified now and lock in their rate for as long as possible.
Sellers can make sure that their home is priced competitively to attract as many qualified buyers as possible.
The important thing is to understand that 1% is more than you think.
