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July 20, 2010

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Real Estate Resources

The best way to inform yourself about Maine Real Estate Law and Real Estate related topics. Our Real Estate Resource Center includes the following sites for your personal use:

Are you currently looking to purchase Maine real estate? If so, contact one of our experienced Maine real estate lawyers today!

Did You Know?

Stopping foreclosure with Deed-in-lieu of foreclosure can be done
This won't save your house, but it is not as damaging to your credit rating as a foreclosure. You can qualify if: you are in default and don't qualify for any of the other options,your attempts at selling the house before foreclosure were unsuccessful, and you don't have another FHA mortgage in default.

	Newsroom
	News about real estate cases in Maine and nationwide: No Speculative Bubble In Housing Prices, No Speculative Bubble In Housing Prices, CU-Boulder Business Professor Says While rising interest rates and increased inve... Read more > April Survey Of Real Estate Trends Finds Continued Gains In Real Estate Markets "Our surveys have shown steady improvement in real estate markets since early last year," FDIC Chairman Ricki Helfer said. "We are pleased to repor... Read more > Farm Real Estate Values Continue Upward WASHINGTON, Aug. 2, 2002 - U.S. farm real estate values, including land in buildings, averaged $1,210 per acre as of January 1, 2002, up 5.2 percen... Read more > More Real Estate News >

Real Estate Terms

Today's Terms

Down payment

Definition:
The portion of a home's purchase price that is paid in cash and is not part of the mortgage loan.

FHA

Definition:
Federal Housing Administration; established in 1934 to advance homeownership opportunities for all Americans; assists homebuyers by providing mortgage insurance to lenders to cover most losses that may occur when a borrower defaults; this encourages lenders to make loans to borrowers who might not qualify for conventional mortgages.

Fair Market Value

Definition:
The price which a willing buyer will pay a willing seller for a piece of real estate.

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Real Estate Resources

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Real Estate Hot Topics

Topics Related to Real Estate Law:

Commercial Real Estate
Construction
Condemnation
Landlord / Tenant
Mortgage Matters

Maine Real Estate Attorney

If you live in the following cities and need an real estate attorney you should contact our Real Estate Attorney as soon as possible:

Auburn
Augusta
Bangor
Biddeford
Brunswick
Lewiston
Portland

Saco
Sanford
Scarborough
South Portland
Waterville
Westbrook
Windham

Legal Disclaimers
All attorney listings are a paid attorney advertisement, and do not in any way constitute a referral or endorsement by an approved or authorized lawyer referral service. The information provided on Maine Real Estate Lawyers.com is not intended to be real estate advice, but merely conveys general information related to real estate issues commonly encountered.

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