Own Maine Real Estate Blog

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The Maine House Is Haunted, Does That Hurt A Home Sale?

The Maine House Is Haunted, Does That Hurt A Home  Sale?

The Maine house is haunted, is that reputation going to hurt the home sale?

Whether you believe in spooks, goblins, things that go bump in the night or not, the haunted home label can scare away a good portion of the house buying audience. We have blogged about haunted homes in Maine before. houlton maine photo

Often times the story telling that for some reason centers around a particular home for sale in the local area grows over the years.

It just looks more haunted than the next run of the mill home. More piled on, sticking like Maine burdocks from wagging tongues of the tenants. Or home owners add to the folk lore by contributing, keeping the dark tale going.

Some people just have a vivid imagination and their mind fills in the blanks without much help needed from any former renters or home owners. Others in the real estate audience just like the novelty of owning a property with extra house guests.

The kind that don't need to use open doors, that come and go on a whim. That some how are stuck in a holding mode at the house that would not longer be haunted if they could just get a ticket to ride out of the home.

The reputation of a a home being haunted for many house buyers is not a deterrent from buying the sticks and bricks. 

But as a real estate agent or broker that listed a haunted house in Maine, is that something that needs to be disclosed? Regardless if you put stock into the idea of haunted homes or not?

More on stigmatized properties, what they are. Haunted houses, the buyer can think no big deal. And then after a few days, following the house showing and stepping up to say "I do" there is a turn around of 180 degrees.

And no thank you, the spell to buy is broken. Gone from red hot in love dovey to stone cold, no way in heck are you dragging me back into that place. To buy or otherwise.

Suddenly it has ten foot pole marks from top to bottom in their eyes and hearts. And they are not tight lipped about spreading the word on what happened to the house of their dreams that went up in a poof of mental smoke.

Someone's girlfriend whispers stories she has heard. A neighbor or family member adds to the rich history of a place known to be haunted. If you believe in haunted houses or not.

And every time a conversation is opened up on haunted homes, more is added to fuel the fire. To enrich the tale. You know how the grape vine works.

If a home buyer does not, the worry about is the next buyer going to be laying awake nights thinking about the creaking steps, the foot steps in the attic, etc is a real concern.

You always think about the next buyer as a seller when toying with a purchase. Or should. Because real estate is an emotional experience. None of us really owns real estate forever.

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The Value Of Your Home, How To Figure Out What It's Worth.

The Value Of Your Home, How To Figure Out What It's Worth.

The value of your home, anything, how do you know what it is worth?

Just Google it, look it up in a book or slider your finger down a row of numbers on a chart? That works for some things like coins, stamps, and anything not fixed to land. Where location does matter, where what is around the home for sale all adds to the rise and fall of value. hero, slow lazy like a home value photo

What's my home worth?

That question comes up a lot.

Especially pushing a grocery cart through a food store or when bumping into someone I know filling the wire cart with one squeaky wheel. Even the seller of a home that is relaxed, layed back and not really ready to list it and put it on the market.

Just wondering about what is my home worth today is a common concern.

Curious to know because maybe contemplating a move to another location, a different house. Or because improvements are about to be put into action and worry about is it cheaper to sell and buyer bigger and better/ Or bite the bullet. And make what you already have for a castle new and improved.

In small rural areas, the valuation of a home for sale does not spike so high and down so low. Steady as she goes happens. Things appreciate with inflation but everything is priced pretty down, close to ground. No surprises.

The other question that comes on the heel of what's my home worth, what is the value of my house is what can I do to make that valuation number go higher?

What can I do to make my home worth more?  In any real estate market, there are items added to a house that increase the value. Other areas tackled that are for personal enjoyment but no financial gain on the valuation.

And there are those routine, joys of ownership areas that just need tackling. But you don't get back the amount invested or more because it is a given your home needs these items repaired and updated to be functional. To please the audience and the bank financing the home, the sticks and bricks have to be up to standards.

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Real Estate Terms, There Is Audience Confusion.

Real Estate Terms, There Is Audience Confusion.

Like any industry, when you peddle a product or provide a service, the terms and buzz words can be misunderstood.

The abbreviations, letter combinations used can cause uncertainty in a real estate sale. And when you factor in that  most buyers and sellers of real estate property listings don't do these big life transfers very often, fear can enter the process.white water rafting seasonal property photo

Being scared of selling a house in time before the three years of back taxes caused a forfeiture and total loss is real scary.

So is a family having their heart set on a new home cross town or the country and the sale of the old one is stalled. Threatening whether the real estate domino will fall in the right direction or at all is terrifying.

Where are we going to live when it is your small family member asking a parent the question makes the home buyer or seller second guess themselves. Are they getting the job done and what are all the real estate expressions, terms being tossed back and forth in conversations and emails?

Between the bank, lawyer, appraiser, and other professionals that can forget their are others in the real estate operation room.

Who wonder what strange, foreign language have you slipped into that has them worried. Baffled on what was just said that somehow if important but not sure why.

It starts at the listing level. If the information on the property listing is neat and complete and all the spaces are filled in, that means the buyer has less unknowns. Hoping, wishing and assuming anything in life or real estate can be disasterous.

Wrong information is bad but missing details the buyer needs to make informed decisions is worse.

Because human nature is left fills in the blanks and not always with the correct answers. It depends on is the person snarky and negative or upbeat and positive? Or are their expectations way to high or down low go with the flow?

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Buying The Waterfront Property In Maine Next To You, Oh Oh.

Buying The Waterfront Property In Maine Next To You, Oh Oh.

The chance to buy a neighboring waterfront property in Maine.

Something to add to whatever you already own located next to you comes up. And shoreland zoning considerations enter the room conversation.

Like a NASA countdown pre-flight systems check, what you are about buy and how needs to be addressed carefully. With eyes wide open and the best laid plan hammered out. To proceed slowly and put into play before the actual sit down and let's have a real estate closing.lake waterfront sunset photo

Because how you merge the properties legally will impact forever if you can ever convey part of it on to a loved one or sell it off at all down the line.

When the real estate for sale is lucky enough to fall into a shore land zoning region in Maine, a big overhead crane lowers a more protective set of regulations.

To guide what does or does not happen to the real estate next to the water.

It lays a big protective template over the region 250' back from the waterfront.

In this case where a lake ends and the land out front of the cottage and extra lot begins.

The purpose of the shore land zoning law was to help assure the water quality of the precious natural resource that Maine is so fiercely protective of and that needs extra scrutiny.

When development around the waterfront is entertained.

Or existing properties next to the water are modified and what you can and can not do is not left up to the the owner's imagination. Or the township or plantation or unorganized location in Maine's code enforcement officer has clear cut guidelines to go by.

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Financing To Buy A New Home, More Than A Pretty, High Credit Score.

The financing to buy a home, the one you really have your heart set on.

Want to own for your family. It's out there. And along with kicking tires curbside and spending more of your time checking out the what is new to the market, what's for sale for homes.mobile friendly realestate web site photo

You've been hit with all the ads, offers and pelted with rates, programs and chances to get a loan. Peddled and presented smoothly as being as easy as just sign here.

You can't see the rest of the bank lending fine print to snag that low low rate with asterisk beside it and then hang on, the drop to the bottom of the monitor screen.

Or actually hear all about it in the thirty second holler for a dollar. To keep up with the liquid tongue announcer who rattles off the legal disclaimers at the tail end with not enough time to humanly hear.

That all goes along with the catchy sound bite. That enticed you in to the marketing tent to begin answering questions, filling in the spaces on the four page form where the banking process all begins.

What was your social security number and middle initial again?

It is Jane and John Doe, do I have that right? How long have you lived in your present address. I see. Okay. Now place of employment, savings accounts, who do you owe money.... (audio drops, picture fades to blac, scene changes to the home picked to buy,) 

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