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Month: February 2017

The Big Down Payment Myth

According to a recent article by The National Association of Realtors, there is a common misconception that buying a home requires a 20% down payment. “The average down payment on a purchase mortgage was just 11 percent in 2016. And

Posted in For Buyers

Should I buy a house with a well?

When buying a house you may come across a house that uses a private well for water supply instead of public water. There are advantages and disadvantages to a well water system and a public water system so it’s not

Posted in For Buyers

2016 Housing Report

MaineListings.com has released their annual report of real estate sales by county. Cumberland county had a 2.68% increase in the number of homes sold and a 6% average price increase. York county has an 11.78% increase in the number of

Posted in Uncategorized