Falmouth, MA

Buddy, our 5 year old adopted beagle was so contented on the ferry.

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Copyright photo by Kathleen Ann Pacheco-Corbett, all rights reserved and may not be reproduced without the written permission of Kathleen Ann Pacheco-Corbett, The Buyer's Choice, Lincoln, RI. Permission granted with a link back to my website and/or blog providing site is appropriate for all ages. Thank you.

We want to be your "Personal Realtors for Life"

http://www.thebuyerschoice.com

KATHLEEN ANN PACHECO-CORBETT

Office 401-725-5608 Cell 401-556-6911 Fax 401-423-4377

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POSTING FOR THE WEEK OF JULY 12, 2009 through JULY 18,2009

07/12/2009 Where do I begin? VIRAL REQUEST

07/13/2009 19 RE-BLOGS - 86,400 seconds

07/15/2009 Wordless Wednesday 07-15-09 Welcoming seagull

07/15/2009 Wordless Wednesday - Hilda's Entourage

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Copyright photo by Kathleen Ann Pacheco-Corbett, all rights reserved and may not be reproduced without the written permission of Kathleen Ann Pacheco-Corbett, The Buyer's Choice, Lincoln, RI. Permission granted with a link back to my website and/or blog providing site is appropriate for all ages. Thank you.

We want to be your "Personal Realtors for Life"

http://www.thebuyerschoice.com

KATHLEEN ANN PACHECO-CORBETT

Office 401-725-5608 Cell 401-556-6911 Fax 401-423-4377

*******************

POSTING FOR THE WEEK OF JULY 12, 2009 through JULY 18,2009

07/12/2009 Where do I begin? VIRAL REQUEST

07/13/2009 19 RE-BLOGS - 86,400 seconds

07/15/2009 Wordless Wednesday 07-15-09 Welcoming seagull

07/15/2009 Wordless Wednesday - Hilda's Entourage

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Copyright photo by Kathleen Ann Pacheco-Corbett, all rights reserved and may not be reproduced without the written permission of Kathleen Ann Pacheco-Corbett, The Buyer's Choice, Lincoln, RI. Permission granted with a link back to my website and/or blog providing site is appropriate for all ages. Thank you.

We want to be your "Personal Realtors for Life"

http://www.thebuyerschoice.com

KATHLEEN ANN PACHECO-CORBETT

Office 401-725-5608 Cell 401-556-6911 Fax 401-423-4377

*******************

POSTING FOR THE WEEK OF JULY 12, 2009 through JULY 18,2009

07/12/2009 Where do I begin? VIRAL REQUEST

07/13/2009 19 RE-BLOGS - 86,400 seconds

07/15/2009 Wordless Wednesday 07-15-09 Welcoming seagull

07/15/2009 Wordless Wednesday - Hilda's Entourage

l

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Copyright photo by Kathleen Ann Pacheco-Corbett, all rights reserved and may not be reproduced without the written permission of Kathleen Ann Pacheco-Corbett, The Buyer's Choice, Lincoln, RI. Permission granted with a link back to my website and/or blog providing site is appropriate for all ages. Thank you.

We want to be your "Personal Realtors for Life"

http://www.thebuyerschoice.com

KATHLEEN ANN PACHECO-CORBETT

Office 401-725-5608 Cell 401-556-6911 Fax 401-423-4377

*******************

POSTING FOR THE WEEK OF JULY 12, 2009 through JULY 18,2009

07/12/2009 Where do I begin? VIRAL REQUEST

07/13/2009 19 RE-BLOGS - 86,400 seconds

07/15/2009 Wordless Wednesday 07-15-09 Welcoming seagull

07/15/2009 Wordless Wednesday - Hilda's Entourage

The downward pressure on the sales prices of Cape Condos continues as the challenges of getting financing continue.

The very same condo that I mentioned in May had a new buyer and a new lender and fell apart again at the last minute. This time it was about the buyer's income. Needless to say, the bank (in this case Citizens Bank) had preapproved the buyer, received all the information requested in a timely manner, and gave no indication of a problem until the day of the final commitment when they issued a "declination letter."

Another condo in a very well managed, well funded complex that has never had a special assessment, is under agreement with a strong buyer. The buyer is putting 20% down. Yesterday, the date of the final commitment, the lender (Provident) could not meet the original commitment date because their underwriters are backed up. The commitment is now due next week. Stay tuned.

Needless to say, this continues the downward pressure on condo prices because buyers are reluctant to get involved.

On the bright side, however, I do have a closing today on a very nice condo. Bank of America is providing the financing for this one.