Danvers, MA

It has come time to say" Thank you for wonderful memories and wonderful people I have met in the past 8 years". It is no longer in my family's best interest to continue with this career choice. I love what I do and dreamed about being a Real Estate Agent since I was just a teenage girl. I made that dream come true when I was 34. I invested my heart and soul into the industry since 2004. With the decline in sales and clients my dreams and drive has come to a crashing hault. I can not afford the Board dues,MLS fees and so on.

I will continue to hold my Real Estate license in Mass and take a one year break. I wanted to say how lucky I have been to meet some extrodaniary Agents, Clients a made new friends along the way. I will refere out any possible sales/listings to agents in my current company.

Thank you everyone who has taught me how to be my best. I wish all you associates the best of luck in the year to come. Take care and be well.

I hope to be back in 2013.

I recently had a total Thyroidectomy in Febuary and that was the start of my down fall. Sick, not being able to work etc. I am not even insurable for a life insurance policy, I have no 401k,any retirement for my girls incase anything happens to me. This was a shock to me. So now I know If it is not coming in I can't give it out...

Home inspectors working in Danvers MA are required to perform a home inspection to the Massachusetts Home Inspector Standards of Practice. A copy of the standard will be provided to the client by the home inspector.

The MA Home Inspector Standards of Practice is written for the professional home inspector. United Inspection Service has created some easy to read Consumer Information Sheets illustrating what is included and excluded in a Standard MA home inspection. Clear client communications (3c) are one of our core values. See the easy to read one page consumer information sheets for each of the systems in a MA Home Inspection.

Visit the Danvers MA Home Inspection web page from United Inspection Service for some useful information about homes in Danvers MA and our Massachusetts Home Inspection.

• Massachusetts Home Inspector Standards of Practice
• Home Inspection Photographs
• Recommended Questions to Ask the Seller/Seller's Representative
• Flood Zones
• Lead Paint
• Hazardous Waste Release
• Check the Danvers MA Home Inspector web page for consumer information links ...
  

Danvers MA Short Sales - Pre-foreclosure Values

As a home buyer looking for value in the purchase of real estate a short sale may be your best option. Buying a Danvers Massachusetts short sale is a difficult and often a frustrating process. To achieve your goal, hire experienced professionals that understand all aspects of the transaction. Expert advice can be provided by real estate agents, attorneys, mortgage brokers, bankers and home inspectors. Visit Danvers MA real estate for tools and resources to evaluate the community.

What is a Short Sale?

Homeowners in financial distress should consider various options, including a short sale, prior to foreclosure. This process may be the best option to preserve their credit and limit their debt exposure. In MA, the laws governing foreclosures provide incentives for lenders to workwith homeowners that have financial hardships. The foreclosure process takes time and money and may prove to be more costly to the lender. In April of 2010, the government enacted legislation under the HAFA (Home Affordable Alternatives Program)which provided homeowners and lenders with a streamlined process and incentives to negotiate short sales.

The first step in the process is to negotiate a contract with the homeowner that must be approved by the lender. If the contract is not acceptable to the lender then the Seller may not have sufficient time to sell to another party and avoid foreclosure. The following tips will increase your chances of negotiating a successful Danvers MA short sale.

Are You a Qualified Buyer?

Providing creditable evidence that you can purchase the property is absolutely necessary. The Seller is not likely to accept your offer without a valid credit approval as the lender will not grant approval. Obtain a credit approval from a reputable lender or if a cash buyer provide proof of funds. The approval must not contain conditions such as selling an existing property as this is an issue for the lender. If you are a strong motivated buyer with flexibility in your closing date, you will have greater success in negotiationg Danvers short sales.

Indentifying Potential Danvers Listings

Sellers selling short typically have a time-line they must meet to avoid foreclosure. If they have not connected with their lender(s) and started the process, it may not be possible to close before foreclosure. Your real estate agent can identify properties that you may consider. To preview properties currently available go to Danvers MA homes for sale. Additional information our agents will obtain includes:
Is the seller's short sale package prepared for submission to the lender? How many liens are on the property? If more than one, what are they? Is there a plan to obtain releases from all the lien-holders?

Don't take yourself out of the market for a property that has no chance of closing. Consider all properties for sale including Danvers MA short sales and foreclosures.

Offer and Acceptance by the Seller

The first step is to negotiate a contract with the Seller and you will be competing against other contracts. Some real estate agents market the property substantially below market value to entice buyers. Others price the property at the bottom of fair market value. The terms and conditions of your offer can be as important as the offered price. Sellers and lenders prefer offers with fewer contingencies.

Your Deposit - Sellers will not be likely to accept your offer with a low deposit. A buyer that has little to lose can easily pursue another property and "walk away". To demonstrate good faith offer the Seller a strong deposit.

Home Inspection - be prepared to invest the time and money in the home inspection prior to lender approval. A seller can't take the risk of conducting the inspection after lender approval. The buyer can easily "walk" from the home inspection and lenders normally will not approve them.

Flexible Closing Date - once the lender approves the offer, they may require a "quick" closing. You must be prepared to comply if you want to consummate the sale.

Subsequent Offers -As a rule, real estate agents must present all offers. A contract with a higher sales price may have a better chance of being approved by the lender. The lender will give the homeowner direction as to submitting additional offers. Also, be prepared to lock your interest rate thru closing so that your mortgage commitment will be valid.

Lender Approval

Lenders will do their "due diligence" to substantiate the value of the property and have no set formula to determine an acceptable price. However, Freddie Mac (one of the largest secondary market lenders) has a target sales price of 88% of one or more broker price opinions (BOP). Have realistic expectations of the approval process as it may take between 30-180 days and market conditions can change. If the lender and the Seller are participating in the HAFA program, these timelines will be streamlined for a quicker response. In fact, the Lender may have approved a listing price for the property.

Virtual Homes Real Estate agents can assist you with Danvers Massachusetts short sales, foreclosures and MLS listings currently on the market. Please call us at 800-856-2479.

Warning to those searching Craigslist for Rentals!

I have heard various different versions of the same scam involving Craigslist. In a nut shell, the con artist takes a home that is being listed for sale by a local Realtor and posts it as a rental by owner as well. It is all an effort to get your personal information and possibly a first and last deposit on a home that you can never live in. Be very careful when dealing with anyone on a rental that claims to be out of the State or Country and needs to do the transaction by e-mail.

If the wording of the post seems odd, don't hesitate to go with your gut feeling and investigate the situation further. For example, I saw one earlier today that said many have offered to rent this unit, I am just waiting for the right person who will appreciate this property. That doesn't sound like a landlord to me!

If you drive by to take a look at the property and see a For Sale sign in the yard, call the listing agent or broker to make sure the owners are who they say they are. Of course most of the postings will tell you not to bother the Real Estate Agent because they are not involved in the renting of the property.

It is very odd that an owner would be trying to rent the property without telling the Listing Agent. It's unfortunate that Craigslist has become such a feeding ground for scammers. If you have any questions on whether a property is currently being listed for sale, you can search the MLS with my Free MLS Search/Save System

Danvers Massachusetts Single Family Market Report - Year to Date (10/31/2009)

There were 122 single family residences sold YTD in Danvers, MA with an average sales price of $358,731 and an average days on market (DOM) of 127. The selling range was a low of $135,000 and a high of $735,000. As of October 31, there were 65 homes on the market with an average list price of $432,272, and an average DOM of 143. There were 14 homes under contract with an average price of $382,600 and an average DOM of 62.

The number of homes sold decreased since 2008 from 137 to 122 units.

Virtual Homes Real Estate provides search tools to asist you in learning about the community, listing and market conditions. Click on the following links for your choice of services.

Danvers MA Real Estate - Community, relocation and school information with town demographics.

Danvers MA Foreclosures - Obtain a list of foreclosed and bank owned real estate and short sales

Danvers MA MLS Search - View all listings in the statewide MLS.

Danvers MA Homes for Sale - Map Search - Search by location, neighborhood and commuting.

This report is based on activity reported from the MLSPin MA MLS system and is not guaranteed to be accurate. It does not represent all of the listings that have sold during the specified time frame.

Vist NH Homes for Sale and MA Homes for Sale for direct MLS access to all listings. To obtain school, demographic, commuting, relocation, home buying and selling information go to New Hampshire real estate, Massachusetts real estate, Connecticut real estate, Maine real estate and Rhode Island real estate. For information regarding foreclosures visit Massachusetts foreclosures, New Hampshire foreclosures and Connecticut foreclosures.