Norwell, MA

Three years ago we would never have thought that so much time and effort and energies would go into the Distressed Property Arena. No one had a crystal ball to see what bedlam would ensue in the United States of America, the home of the American Dream, HOMEOWNERSHIP.

Processing all of the paperwork, communicating with the numerous individuals involved in a distressed property sale and counseling the individuals who are directly affected takes a professional Realtor, trained in the area of Loan Modifications, Short Sales and unfortunately Foreclosures and Bank Owned Property Sales and Marketing.

One may feel like they fell into Oz when getting involved in a Short Sale. This is no place to be a COWARDLY LION, sometimes you may even have to roar to be heard. Knowing who to call and when to call is most important. Most likely you will feel like Dorothy walking through a very strange land with no signs of direction, questioning which way is truly dangerous and where the Emerald City may be located.

During the course of a loan modification, short sale or foreclosure you will run into many characters. Do not make any kind of payment to anyone promising you how easy all of this will be for you - no problem. For the most part if one had the funds to make a big payment out to servicing company then you would be current with your mortgage payments too. (You do not need to be behind to get the attention of the lender, before you get behind call me, this will be the subject or another posting - rules are changing.)

We at TradeWinds Realty Group, LLC understand this can be a confusing voyage for the owners, the agents and the buyers of the property. We will walk you through the different aspects of the process starting with a LOAN MODIFICATION to assist you with staying in your home if possible, to handling the Short Sale and obtaining a buyer for your property and navigating the encumbered path through the communication with the Lenders until closing or negotiating through the Short Sale or Foreclosure process and assisting you with finding suitable housing. Call on me before you have bigger issues to deal with, if you are already involved in the process, call on me and we will work out a plan to assist you with difficult time of your life.

There are solutions for those involved in a Distressed Property sale in Massachusetts, let the experts on the South Shore and Plymouth bring you into a safe harbor.

You can reach me on 781-910-7294 my cellular or via email at MaryBeth@TradeWindsRealtyGroup.com to schedule an appointment at my Norwell office at 124 Washington Street, Route 53 or One Court Street, Suite 26, Route 3A, Downtown Plymouth.

I am experienced, I am familiar with this process, my goal is to become your REALTOR FOR LIFE. I look forward to hearing from you.

Sales in September were 7, the same as last month. Sales/list price ratio in September moved down to 94.3% from 95.8% in August.

Median price for Norwell in September was $623,700. This is up 10.9% from $562,500 in September of 2008. Average sale price (most recent 3 months) is $594,985, way down from $743,996 in 2008.

Inventory is 82, down modestly from 89 in 2008. New listings in September were 23, unchanged from the same month last year.

Days on market of 100 in September was up substantially from 68 in August and way up from 81 in September of 2008. Months of supply in September moved up to 12.1 from 11.3 in August.

Wondering about real estate values in your neighborhood? Visit www.NorwellRealEstateValues.com to see prices of sold and homes for sale.

Copyright © RealtyMarketPublishing, 2009 Data courtesy of: MLSPIN Listing and sales information comes from various sources and may not always be accurate. No representation or warranty is made as to the accuracy of this information. You should verify any information that is important to your buying decision.

Well, you have to close on a home by November 30th. to take advantage of the 8K tax credit. They are really not talking about extending it either.

If you do not have some thing under agreement now, forget it for the most part. Put it all down on paper. Even if you have been saving, you will never see these prices (in the east) or rates like this. Even if you have been a squirrel with your money, FHA is the way to go. Fore go the fancy wedding, lets talk a roof over your head, and some nice equity down the road. How fast people forget about a wedding...sorry, but this is true.

I sure wished this was available to me when I was buying my first house.

A shameless plug for our office!

Raveis Team Earns Top Market Share in Norwell for 2007

Norwell, MA - January 11, 2008 - As 2007 was coming to a close, you could feel the excitement building for the Norwell Office team of William Raveis Real Estate, Mortgage & Insurance. In a year in which the credit and housing markets have experienced considerable negatives, the positives for Raveis Norwell were clearly many. "We did what very few companies did in 2007. We showed year over year growth in many of the communities we serve including Hanover, Kingston, Marshfield, Pembroke and Scituate, but becoming the number one real estate office in Norwell for 2007, that is what we are most proud of." Commented Jill Duffy Sales Manager, "We thank the Norwell community for entrusting their real estate transactions to us. I am so proud of our team of full-time, real estate consultants who have been the driving force behind this achievement."

William Raveis Real Estate in Norwell showed a nearly 23% gain in sales volume over 2006 in the town of Norwell according to multiple listing service statistics reports Duffy. This is in stark contrast to the 26% decrease in sales volume and number of homes sold in all of Norwell for 2007. Duffy further commented, "We continue to show positive growth in a challenging market. Now, we are looking forward to 2008. We have a plan and our focus will remain on providing an outstanding level of service to our clients by supporting our agents. Our philosophy is simple. Our team is dedicated. We differentiate ourselves from the competition in ways that are meaningful to our seller and buyer clients. It's simply a team approach." With housing and market stability still a major concern for both Buyers and Sellers, the Norwell Office works closely with their clients and the Raveis "family of companies" - Real Estate, Mortgage & Insurance - to offer the one-stop shopping many consumers find convenient and beneficial. Raveis Mortgage has also experienced significant growth in 2007.

In addition to being the number one real estate office in Norwell, the Raveis Norwell team showed over 40% growth for 2007 in the towns of Hanover, Kingston, Marshfield, Norwell, Pembroke and Scituate combined. William Raveis Real Estate in Norwell is a full service real estate brokerage. The office is open Monday through Sunday 9am to 5pm.