Winthrop, MA

Winthrop Massachusetts Foreclosure Report June 2011

According to Realty Trac, Inc. There were 6 foreclosure filings in Winthrop Massachusetts in June of 2011. That works out to be 1 in every 1,401 homes and represents a 50% increase over May 2011. While this may be better than the national average, a 50% increase is very alarming. The increasing number of foreclosure filings are further evidence that the housing crisis is not over. From my understanding the Banks and The Department of Housing and Urban Development have all agreed that 2011 will be the year they push through with most of the pending foreclosures that have been held up due to title issues, faulty assignments and moratoriums. Many economists believe that the best way to deal with this problem is to get through it as quickly as possible. Sellers who are facing foreclosure have two primary options. If they desire to save their homes they can apply for a loan modification. A loan modification is basically the restructuring of the home owners mortgage debt. This usually involves assessing how much the home owner can afford to pay based on their income and adjusting the payment schedule accordingly. If a home owner does not qualify for a loan modification, a second option is a short sale. A short sale enables a home owner to sell their home based on the market value instead of the loan amount. Once the bank has agreed to the sales price, the seller will be able to sell the home and move on with their lives. In most instances the bank will also forgive the debt that is not covered by the short sale amount. But above all a short sale enables a home owner to avoid foreclosure and stave off the negative impact a foreclosure will have on ones credit. For more information on your options in Winthrop Massachusetts visit www.FYourLender.com

Nothing to do but unpack! This lovely open floor plan condo has 2 large bedrooms, 1 bath AND laundry room in the unit! Step onto your covered porch, grill and enjoy Awesome Water Views! Hardwood floors throughout the Living, Dining and Hallway. Wall to wall carpets in the bedrooms. Master has walk in/through closet that must be seen! A fully applianced kitchen opens up to the living and dining rooms. Wonderful natural light compliments this move in ready unit!

You have been looking for it! An affordably priced TWO Bedroom Condo in Winthrop with Water Views This lovely open floor plan condo has 2 large bedrooms, 1 bath AND laundry room in the unit! Step onto your covered porch, grill and enjoy Awesome Ocean Views! Hardwood floors throughout the Living, Dining and Hallway. Wall to wall carpets in the bedrooms. Master has walk in/through closet that must be seen! A fully applianced kitchen opens up to the living and dining rooms. Wonderful natural light compliments this move in ready unit! Come get close to the beach

Winthrop by the Sea Homes. Below you will see my girls enjoying some free swim after their lesson at the Garfield School in Revere. The lesson runs for an hour and the children are put into small groups according to their swimming abilities. For more information www.revereaqatics.com

If you are looking for information on local activities for children I can be reached at 617-504-4381.

Could anyone please explain why I see my girls in bathing caps and think future surgeons? I'll save that for another blog!

Susan

Winthropbytheseahomes.com