Tom – Page 324 – Mr. Lake Front | We Are Maine's Lake Specialists

January 20, 2009

Maine Lakefront Real Estate – Thompson Lake Property

Thompson Lake has some of the highest water quality around, has a deep, cold water fishery, one marina (for sale, see below), and a great location – just thirty minutes from the Gray turnpike exit. Thompson Lake is big and brawny, but also has an “old-timey” […]

January 19, 2009

Maine Waterfront Property – New Ways to Help Your Search

Over the last couple of years we have been refining the search capabilities on our website to make it easier for potential buyers of Maine lakefront property to find what they’re looking for – even if they’re not sure exactly what it is they’re looking for. […]

January 16, 2009

Maine Lakefront Real Estate – Mortgage Rates at Historic Lows

This mortgage news came into my email box yesterday: CHICAGO (MarketWatch) — The benchmark 30-year mortgage fell below 5% for the first time ever in Freddie Mac’s weekly rate survey as economic weakness continued to push interest rates lower, the mortgage agency said Thursday. The article went […]

January 10, 2009

Maine Lakefront Real Estate on Long Lake – An Embarrassment of Riches

While this general geographic area where we live and work is called the Sebago Lake Region (and rightly so), anyone familiar with this area knows there are several somewhat smaller lakes that are equally beautiful and desireable. The short list would include Kezar Lake, Long Lake, […]

January 9, 2009

Maine Waterfront Property – Dropping Rates, Rising Opportunities

Falling mortgage rates provide a reason for hope in a pokey, off-season Maine lakefront property market. As activity levels decline, so will prices, while strong inventories continue to offer lots to look at. Given the low mortgage rates, this combination of factors sets up a good […]

January 7, 2009

Maine Lakefront Real Estate – Beware the Pitfalls of Personal Property

Most lakefront homes in Maine are sold to folks “from away”. These types of buyers have their primary home back in the suburbs of major cities like Boston, Hartford, and New York. When purchasing one’s primary home in the suburbs it’s rare that the home one […]

January 2, 2009

Maine Lakefront Real Estate – Getting the Word Out

I got a call from my brother who asked me how the market is for lakefront property. I told him that selection was great, interest rates were at 5% heading even lower, prices had fallen 10 to 15% and sellers were motivated. He said, “Tom, that’s […]

December 30, 2008

Buying Maine Lakefront Real Estate – Two More Considerations

In our last blog post, Tom spoke about some issues regarding purchasing a year round vs. seasonal lakefront home. Here are a couple of more things to consider. Are you looking for a lakefront home or a lake access home? Nine out of ten people when posed […]

December 27, 2008

Maine Lakefront Property – Year Round or Seasonal?

When it comes to buying lakefront property answering fundamental questions will greatly affect affordability. For instance: Are you looking for a summer place or a year round vacation home? Nine out of ten people when posed this question will answer ” year round vacation home”. However, […]