Sanford Maine: Housing Sales & Rentals

02/18/2016

Broker Open House Thursday, 2/18/16 from 11:30 to 1:30 - Bring another Agent or a Buyer! Listed for $155,900

Updated and Remodeled Cape with hardwood floors, bath and laundry on the first floor, formal dining and living room with a brick fireplace (may need work to use for other than a gas fireplace), sun porch and 2 bedrooms up. This home sits on a 2 acre lot in the village zone. So businesses are allowed. Come take a look Thursday or Sunday there is a public Open House from 11:30 to 1:30. Hope to see you there.

Jane Frankland of Frankland-Phillips Team Real Estate of The Maine Real Estate Network.
207-229-6261 or Sandy at 207-590-1945

12/14/2015

First floor apartment for rent, available Jan. 1st. 975$/month. In town Sanford, Maine. Three bedroom, one and a quarter bath. No pets. First month/Security Deposit required. Contact Melanie Paige with questions details. Contact in the "Visitor's Posts" section.

11/22/2015

Looking to add a few more administrators to this page to increase usage.

If you are a Realtor in the Sanford area and are interested, please send a message.

09/11/2015

This 2 Beds 1 Bath Apartment is For Rent at $995/mo.

09/01/2015

No Red Tape * No Fine Print * No Hidden Fees * No Catch

The "Homes For Heroes" program is a group of professionals that have volunteered to GIVE BACK to their clients from their commissions from a Real Estate transaction. No strings, and can save you thousands! Discounts for firefighters, emergency medical professionals, military and veterans, law enforcement, teachers and healthcare workers when buying, selling, renting, or refinancing a home.

If you fall into any of these categories and want to save hundreds (possibly thousands), then take a look and contact a Professional registered with the program who will give back to you!

Discounts for firefighters, emergency medical professionals, military and veterans, law enforcement, teachers and healthcare workers when buying, selling, renting, or refinancing a home.

08/09/2015

Lately I've been seeing a lot of people asking about/ looking for "Rent to Own" properties. I wonder if everyone looking for this option is aware what Rent to Own deals are, and understand their downsides.

'"Rent To Own"' is a type of legally documented transaction under which property, is leased in exchange for a weekly or monthly payment, with the option to purchase at some point during the agreement.

Tenant/buyers who have imperfect credit scores are typically drawn to rent-to-own properties since the lease terms allow them to live in the home while they take the steps necessary to fix their credit and secure a mortgage. Most Lease Purchase Agreements allow them to lock in a market rate when they sign the contract. People with poor credit find the leasing period a crucial opportunity to repair their financial profile to secure a loan. A common complaint tenant/buyers have with Rent-to-Own agreements, however, stems from their inability to secure a loan in time to purchase the property, whether due to insufficient downpayment or credit, at which point they are left to restructure the agreement (if the owner/seller allows this) or forced to walk away.

In a Rent-To-Own transaction, the tenant lives on the real property and pay towards purchasing the property at a fixed price within a specific period of time, usually one to three years. As part of the contract, the renter is typically required to make a nonrefundable deposit often included as part of a down payment at the end of the lease term.

In addition to monthly rent, often an additional amount called a rent credit is paid into an escrow account during the lease period. This amount is added to the deposit and used as part of the down payment at the end of the lease term. This pushes the rent above the market rate but helps build savings for purchase if the buy option is taken. At the end of the lease term, the tenant is offered right of first refusal to purchase the property at the agreed upon sale price, or walk away and forfeit the deposit. If the tenant is unable or unwilling to exercise the option to buy, the owner is then free to rent or sell the property to another buyer.

In other words, if you're looking for a "Rent To Own" property expect to pay a higher monthly rent. Also be prepared to loose your deposit, and the extra you paid towards the purchase if you still cannot get a mortgage at the end of the lease contract!!

Because Rent-to-Own real estate contracts are flexible open-source documents, there is room for scammers to take advantage of unprepared tenants. Rent-to-Own proponents recommend consulting licensed realtors and/or real estate lawyers for every step throughout your transaction for your safety. Many people have lost thousands of dollars, and ended up with nothing.

06/18/2015

For Sale: 42 Kent St., Sanford. Asking price $159,000. Open to working with buyer's brokers

Take a look and contact the seller through the advertisement.

GORGEOUS HOME, built in 2000 with many upgrades! Quartz counter tops, lots of kitchen cabinet space, open concept, cathedral ceilings, with hardwood, and ceramic tile flooring. Two bedrooms, one...

06/10/2015

Colton Properties has 2 bedroom apartments available for rent. Asking $1,200/month. Everything included.

Call (207) 324-1311 for more details.

05/29/2015

For Sale: $169,000

24x44 3 bedroom, 1 bath. New septic system and on town water. New oil fired boiler, full basement. 3/4 acre property with 2 water gardens, greenhouse and a large veggie garden. Beautiful landscaping.

If interested call (207) 324-5384 for sale, not for rent.

05/29/2015

3 bed 2 Bath Home w/ pool, playground area and completely fenced in yard! http://www.realtor.com/realestateandhomes-detail/492-Horace-Mills-Rd_Sanford_ME_04073_M44251-96020

05/17/2015

PRICE REDUCED!
67 River Street, Sanford
NOW $189,900 Was $199,000
MLS # 1204062
STYLISH RENOVATION!
▪ New Englander w/ views of Number One Pond.
▪ 4 BRs, 3 BAs, Master Suite, Office.
▪ Pellet stove, tile floors, refinished hardwood & pine floors, granite countertops.