Brewer Real Estate News
Real Estate news for Brewer, ME continually updated from thousands of sources.
Aug 22, 2016 | via Bangor Daily News
In prior columns, we've discussed the need to shop around for low annual percentage rates or APRs when borrowing money. Either a hefty APR or a term that's too long can add interest dollars that end up making that loan a bad deal. Comment?
Aug 16, 2016 | via National Mortgage News
A notorious house in Brewer, Maine, the site of more than 150 police calls during the past two years, has been foreclosed upon by the city for unpaid taxes, despite the objections of the former owner who accuses officials of stealing her home. Candice White stopped paying property taxes on her home at 91 Longmeadow Drive in 2013, which led city officials to foreclose after repeated warnings. Comment?
Aug 11, 2016 | via Bangor Daily News
The city of Brewer has foreclosed on the property at 91 Longmeadow Drive after the homeowner failed to pay her 2013 property taxes. Buy Photo Candice White has not paid her Brewer property taxes for 91 Longmeadow Drive since 2013 and the city has foreclosed on the property. Comment?
Friday Mar 17 | via The Harbor Times Soup
Anna Eleanor Roosevelt, whose grandfather Franklin Delano Roosevelt's administration was responsible for passing the Federal Credit Union Act of 1934, is an organizer of what would be known as the Maine Harvest Credit Union. A Maine-based project to create a new credit union for farmers and food entrepreneurs has reached an important milestone with the formation of an expert panel that includes one member with a famous grandfather who helped create the modern credit union system. Comment?
Feb 1, 2017 | via Bangor Daily News
Aroostook County has the state's lowest home prices, something that helped more than 500 home buyers last year, as home sales in The County increased almost 20 percent. Home sales across the state increased more than 11 percent last year, and the median price grew almost 5 percent to $189,400, according to the Maine Realtors Association's annual report . Comment?
Jan 31, 2017 | via Bangor Daily News
We've curated our top ten most viewed posts, reminding us what a strange trip it's been. "Nestled deep in the Maine Woods near the northwest end of Chamberlain Lake sit the rusting hulks of two large steam powered locomotives. Comment?
Jan 22, 2017 | via Bangor Daily News
Mainers trying to sell timeshare vacation units should be on the lookout for scammers intent on taking advantage of them. "Timeshare resale scams happen to Mainers all over the state because people all over the state buy timeshares," Tim Feeley, special assistant at the Maine attorney general's office, said in a recent email. Comment?
Jan 16, 2017 | via Twin City Times
In 2002 when Governor Angus King left office the State was seeing red-big time. He left a billion-dollar structural deficit for the next administration. Comment?
3 min ago | via The Daily Millbury
Bank of Queensland says it has seen a surge in mortgage applications in recent weeks, despite tough competition in the home loan market and stricter regulatory controls. The bank reported cash earnings of $175 million for the first half of the financial year, down 2 per cent from a year earlier. Comment?
15 min ago | via CBC News
The low vacancy rate in Merritt has forced some residents who lost everything in an apartment fire to move to Kamloops and Logan Lake. An apartment fire at Kengard Manor in Merritt, March 16, forced 58 people out of their homes and with the tight rental market in the city, it's unlikely any of them will be able to find an affordable rental. Comment?
25 min ago | via Steuben Courier
U.S. stock indexes closed mostly higher Wednesday after a sharp increase in crude oil prices helped drive market-leading gains for energy companies. Banks and other financial stocks declined the most as bond yields headed lower, which translates into lower interest rates on loans and lower profits for banks. Comment?
31 min ago | via WFAA-TV Dallas
Will Donald Trump be good or bad for the housing market? It is far too early to say, but ultimately, it may depend on what side of the housing transaction you find yourself. So far, indications are that the Trump years may produce a more conservative market for home loans, especially for those with fewer resources and lower down-payment money. Comment?
45 min ago | via SouthCoastToday.com
Santander, which Healey called the largest packager of subprime auto loans in the nation, funded "unfair and unaffordable" loans to more than 2,000 consumers in Massachusetts, knowing that many of the borrowers could not meet the terms and would default, Healey said. Buyers often agree to financing terms through contracts signed at car dealerships, but the loans are backed by financial institutions such as Santander, who often resell the loans to third parties or place them into asset pools. The bank also was accused by the states of knowingly taking on loans from car dealers that submitted loan applications that inflated the reported incomes of customers, and continued to fund loans from dealers it knew had high rates of delinquency and default among customers. "We will continue to pursue investigations in this area to ensure that Delaware consumers receive a fair deal ... (more) Comment?
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