Governor Baldacci Promotes State and Federal Programs that Help Struggling Homeowners Avoid Foreclosure
October 29, 2007 Posted by Maine RealEstateRama
AUGUSTA - Although Maine has one of the lowest foreclosure rates in the country, Governor John E. Baldacci is taking steps to protect wary homebuyers and existing homeowners who may be struggling to pay their mortgage.
Tough Real Estate Market Has Many Homeowners Looking For Renters
October 11, 2007 Posted by Maine RealEstateRama
BANGOR (NEWS CENTER) — Drive through any community in Maine and you’ll see a lot of “For Sale” signs. Many properties are not selling, and as a result, some sellers are considering renting their homes instead.
Foreclosures increase in Maine
October 8, 2007 Posted by Maine RealEstateRama
Maine has fewer foreclosures than other parts of the country, but subprime loans and adjustable rate mortgages have affected the real estate industry here, and experts say more people are losing their homes.