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Wednesday, 08 September 2010
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Last Update 8-27-2010

Interest rates are still at an all time low, the OBAMA tax credit incentive is at least for now on hold. July sales nationally were not stellar. The lack of current tax credits are most likely at fault. It is still a buyers market nevertheless. The trick of course good credit and or cash and to be able to pay the mortgage. Many homes out there are probably as cheap or cheaper than renting a similar home right now in some areas so the numbers make sense. Click on the left on the "Financial Calculators" to see if buy versus lease may make sense for you and a particular property that you are prospecting. Times like these and any time are exactly why Vestport Inc. provides financial calculators like this to take the guess work out of your next acquisition or disposition. Good luck and please call us when buying or selling your next property or for commercial leasing.

 

Right now Vestport Inc. is offering a single family home in North Medford for $159,900. Do the math or use our financial calculators. This home makes sense all day long and will not last at this price. Yes it needs some TLC but is weather tight and has a heat & hot water system about a year and a half old. MLS # 71120563. Pre-Approved buyers call Art @ 617-799-6928 now!

 

When you are ready to start prospecting for a new property or are listing one of your current assets for sale we can help get you the exposure and the results that you need. Please give us a call at 617-799-6928. All of our sales associates are designated Realtors.  


Vestport Inc.

CCIM Partner

Real Estate Advisors

Commercial & Residential Property Experts

Buyer, Seller and Tenant Representation

Accelerated Marketing and Auctioneering Services

Triple Net Commercial & Residential Leasing

Financial Analysis for Commercial Real Estate

Short Sales & Foreclosures

Property Management

Demographic Studies

Professionalism and Expertise

 

 

Thank you for visiting Vestport Inc.!

 

Arthur S. Jovellas, CCIM

 

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(Certified Commercial Investment Memeber)

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Short Sales
Vestport Inc. has been working with many customers and clients buying and selling short sale properties in the last several months. Though it is unfortunate that a seller may need to short sale a property it can be a great opportunity for both sides of the transaction. First, for the seller they can avoid foreclosure provided the property closes escrow successfully. In most cases a buyer will save money buying a short sale below market value. If you are a potential seller with an ARM mortgage and the ARM is coming down way too fast for you to handle financially then call us immediately if you don't know what to do next. We can help more than likely and will do our very best to save your good credit. It is far better to short sale a property than to destroy your credit for 7 years or so. We say or so because typicall lenders go back 7 years when looking at your credit but sometimes they go back even further. If you wait until you receive your foreclosure notice it may be far too late unless you can pay off the entire loan. You must try at all cost not to fall behing on your payments. You need to act well in advance of a foreclosure sale and know exactly how to deal with the banks. We have worked with buyer's and seller's of short sale properties for some time now and understand what needs to be done and when. The banks expect these transactions to be completed in very specific ways. You need to understand the way that they think from A-Z for the best chance of avoiding foreclosure. Each bank is different and some cooperate more than others. We are familiar with the entire process and can help if you call. There are no fees. We get paid by the bank only if we succeed in selling your property.

Call Vestport Inc. today at 617-799-6928 to get started. It cost nothing for us to talk and there is absolutely no obligation. We don't constantly market new potential customers and clients. 99% or our business comes from repeat referrals and networking. We consider our referrals as the highest of compliments. Going it alone is ridiculous. We have seasoned professionals, multiple subscriptions to several listing services (not just one service), all the necessary contracts, superior network/telecommunications network and are committed to use all of our assets to get you results. At Vestport Inc. it's all about assessing the clients needs first!

 

 

 
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