State Regulators Order Foreclosure Rescue Companies to Cease Doing Business in Maine

Augusta, ME - July 8, 2009 - (RealEstateRama) — State regulators today issued orders directing 15 separate foreclosure rescue companies to cease doing business with Maine consumers. The companies, all located out of state, enticed consumers with radio, television and internet advertisements promising to help the consumers avoid foreclosure but then took the consumers’ advance fees and did nothing to assist the consumers.

New Home Heating Oil Tank Regulations Protect Drinking Water

AUGUSTA, ME - June 23, 2009 - (RealEstateRama) — As of July 1, 2009 all new and replacement home heating oil tanks within the wellhead protection zone of community drinking water wells must be double-walled or have additional spill containment. The wellhead protection zone is the area around a well where it is most susceptible to contamination.“Protecting this area helps to keep Maine’s drinking water safe,” says Department of Environmental Protection (DEP) engineer David McCaskill. “The DEP responds, on average, to more than one spill a day from residential home heating oil tanks, and corrosion is the single largest cause.”

GOVENOR’S PRESS OFFICE -MaineHousing’s “Gift of Green” Offers Cash Incentives of Up to $5,500...

Combined with federal tax credits, total incentives for first time buyers can be as high as $15,000. PORTLAND, ME - June 18, 2009 - (RealEstateRama) — Governor John E. Baldacci announced today some good news for first-time homebuyers – and for Maine’s housing market. MaineHousing is starting a new “Gift of Green” homeownership initiative that provides eligible First Home program borrowers with up to $5,500 in financial incentives to purchase a home

Bureau of Financial Institutions’ Survey Shows Home Foreclosures at Maine Banks and Credit Unions...

Foreclosures and Loan Delinquencies Continue to Trend Upward but the Number of Completed Foreclosures Declines for Second Consecutive Quarter. AUGUSTA, ME - June 11, 2009 – (RealEstateRama) — Superintendent Lloyd P. LaFountain, III announced this week that recently completed analysis by the Bureau of Financial Institutions of first quarter 2009 data submitted by Maine-chartered banks and credit unions shows a continuing modest increase in home foreclosures in Maine.

Governor Baldacci Ceremonially Signs Bill Addressing Homelessness

AUGUSTA, ME - June 10, 2009 - (RealEstateRama) — Governor John E. Baldacci today ceremonially signed LD 1127, An Act To Define Services for Maine Runaway and Homeless Youth. The law establishes a comprehensive program for homeless youth and runaways. The Department of Health and Human Services will enter into performance-based contracts with agencies and organizations to provide street and community outreach, drop-in programs, emergency shelter and transitioning living services. Monitoring will be in place to ensure quality and track rates of homelessness.

Governor Highlights Awardees of Community Development Block Grants

AUGUSTA, ME - June 10, 2009 - (RealEstateRama) — Governor John E. Baldacci today highlighted five of the 56 communities who have benefited from Community Development Block Grants over the past year. The Governor participated in a press conference to acknowledge the work done around Maine through the CDBG program.

Home Builders & Remodelers Association of Maine will present first President’s Award to MaineHousing...

PORTLAND, ME - June 9, 2009 - (RealEstateRama) — The Home Builders and Remodelers Association of Maine will present its first ever President’s Award to MaineHousing Director Dale McCormick at the Association’s annual meeting Wednesday at the Holiday Inn West in Portland.

Bureau of Insurance Encourages Consumers to Protect their Property with Flood Insurance

Waiting Period for Insurance to Take Effect Means NOW is the Time to Act to be Covered for Spring Flooding February 25, 2009 - (RealEstateRama) — Insurance Superintendent Mila Kofman is urging all Maine residents to evaluate their need for flood insurance, especially with spring approaching and a typical 30-day waiting period before a new flood insurance policy takes effect.

Governor Marks Next Step for Florence House

PORTLAND - January 28, 2009 - (RealEstateRama) — Governor John E. Baldacci tonight joined supporters of Florence House to mark the next step toward the project starting construction. Florence House will provide permanent, supported housing to chronically homeless women in Portland. The project is a partnership between Avesta Housing and Preble Street

Project Canopy Grants Available to Support Community Forestry Projects

AUGUSTA, ME - January 13, 2009 - (RealEstateRama) — Maine’s Project Canopy will award $100,000 in grants this spring to local municipalities, educational institutions, and non-profit organizations that support community efforts to develop and maintain long-term community forestry programs

Regional Greenhouse Gas Initiative Auction Process Goes Live Today

60-day Bidding Process Opens for First-in-the-Nation Carbon Emissions Allowances Auction AUGUSTA, ME - Jul 30 2008 - (RealEstateRama) — The Regional Greenhouse Gas Initiative (RGGI)...

Organization has helped educate home buyers for 10 years

AUGUSTA – Over the past 10 years more than 12,500 potential Maine home buyers have learned the ins and outs of buying a home,...

HELP will help Maine homeowners cut energy use, save money

AUGUSTA – HELP may be on the way for many Maine homeowners wondering how they will be able to heat their homes with oil...

MaineHousing offers home repair, home replacement financing for Aroostook County flood victims

AUGUSTA – MaineHousing (the Maine State Housing Authority) is offering low interest rate loans to help people in Aroostook County whose homes were damaged...

New MaineHousing mortgage options expand home buying opportunities

AUGUSTA – New mortgage options offered by the Maine State Housing Authority (MaineHousing) make it easier for more Maine people to buy homes of...


Maine Real Estate & Development Association Names New President and Announces...

Paul Peck, attorney at Drummond & Drummond and real estate developer with LWS Development LLC is the new president of the Maine Real Estate & Development Association (MEREDA), a statewide organization of commercial real estate owners, developers and related service providers. Founded in 1985, MEREDA promotes responsible development and ownership of real estate in Maine through legislative advocacy, educational programs and professional networking opportunities.


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