http://www.CherylCaldwellHomes.com – Newbury, Massachusetts, established in 1635 is a town rich in history and beauty. Its boundaries are filled with beaches, marshes and farm land. Newbury is also the home of the Parker River and a portion of Plum Island, providing ample opportunities for boating, fishing, swimming and bird watching. Located next to the historic seaport City of Newburyport, less than 1 hour north of Boston and ½ hour south of Maine and New Hampshire it is easily accessible and becoming a well known tourist destination, while keeping its historic charm and character.
36 High Road was built in 1749 as the Parsonage of the First Church of Newbury for the Reverend John Tucker and his family. This treasure stands proudly overlooking the Newbury Upper Green, which was once used as a training ground for the military. The Upper Green is now better known as a town common, with a duck pond that doubles as a skating pond in the winter for young and old alike, a baseball field for little leaguers, the venue for the firemans muster during Yankee Homecoming events and is even home of the Annual Tree Lighting for the Town of Newburys own Christmas Tree. Its become a focal point looked upon fondly by residents and visitors alike, and the homes that border the Upper Green have become some of the most sought after addresses in the area.
The home itself is as charming as it is historic and has been lovingly maintained and enhanced by the current owner. Upon entering through the expansive front porch, you are greeted by an elegant center staircase leading to the second floor. Period features and rich hardwood floors abound. A warm and inviting wood burning fireplace in the keeping room off the kitchen provide the perfect respite from cold evenings and wintry days. The first floor consists of the kitchen, living room, dining room, family room and full bath. A second staircase provides easy access from the kitchen to the second floor as well. Four large, sunfilled bedrooms and full bath make up the 2nd floor plan. The walkup attic, currently unfinished, would make a tremendous master bedroom suite, au pair or guest suite.
There is also a full basement with walk-out access providing more than ample space for storage.
The home is located on a .61 acre parcel, providing additional opportunities for expansion. Positioned at the foot of Rolfes Lane which was touted in 2006 by Boston Magazine as one of the 10 best addresses in Massachusetts – 36 High Road is a short 20 minute walk to downtown Newburyport, a leisurely bike ride to Plum Island, and a 5 minute drive to the Commuter Rail into Boston.
Newbury’s Upper Green properties, which rarely become available for sale, boast an average sale price of over $1 million – 36 High Road offers not only a tremendous investment opportunity, but ownership in a piece of history.
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Lowest Price Acreage in Dragoon Mountain Ranch- Upscale Gated Luxury Home Community. Contact http://www.SherryTejada.com for 39.7 acres @ $1738. per acre! Current homes in Dragoon Mt Ranch range in price from the $300K to the Multi-Million $ Price. 360 Views Centrally located in Cochise County- Wild Wild West!! Connect or be off the Grid…Your choice! Dragoon Mountains are part of the Coronado Forest and Cochise Stronghold. Much History in this grand land with room to roam on state land bordering 2 sides of this huge parcel! Not far from Bachman Springs Golf Course in Tombstone AZ.
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Auctioneer Mike Harper of Harper Auction and Realty has 32 years of experience in the real estate and auction world, having sold property throughout the eastern U.S. as well as Puerto Rico and the U.S. Virgin Islands. Mike holds a BA in History and Social Sciences from UNC-Greensboro. Born and
raised in Clemmons NC, Mike has lived in Mt. Pleasant SC since 1993, and is a licensed Real Estate Broker and licensed Auctioneer in both his home state of North Carolina, and his adopted home state of South Carolina. He is also a Certified Real Estate Instructor. In addition to being a Real Estate Specialist, Mike also has vast experience in Business Liquidations, Heavy Equipment Sales and
Classic/Collectible Automobiles.
Our Mission / Vision: Harper Auction and Realty exists to assist sellers in realizing the maximum sales price, at a date certain, at a reasonable cost. As an Auctioneer/Broker, I am a seller’s agent. Our passion is showing how the Auction Method of selling is superior in every way to traditional Real Estate Brokerage. My favorite saying is “A traditional Real Estate Broker sets a price and comes down, while an Auctioneer sets a price and goes up.”
We also occasionally will lend our vast experience in the auction world to those investors interested in purchasing at auction, by representing them as a buyer’s agent. (Not at our own auctions, however.) We NEVER practice dual agency.
We are small, and for a good reason: We like it that way! We are not interested in dominating the world Real Estate or Auction market. We simply do our little piece of it ABSOLUTELY RIGHT!
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253′ private frontage on Suttons Bay! Waterfront estate featuring a 4BR farmhouse and 3BR modular currently undergoing renovation. 5 acre setting is partially wooded providing privacy. At north end of Village Limits. Walk to everything the village has to offer! Rental history available. Family retreat, or rent one and keep one for personal use! Price reduced to $325,000 Century 21 McCoy Real Estate 325 N St. Joseph St., Suite G, Suttons Bay, MI 49682. 231/920-0520
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This beautiful four square Victorian retains all of the charm of long ago with its polished woodwork, dramatic staircase, high ceilings, sun-drenched rooms. It’s been skillfully updated with all the modern conveniences and systems so as not to compromise the ambiance of a time of gracious living. Truly an impressive residence at a less than impressive price. Truly a part of the history of Springfield Mo houses and Springfield Mo real estate.
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Two of Las Vegas top real estate analyst Kendall Trotter and Steve Hawks discuss the future of the luxury home market in Las Vegas.Steve Hawks states the semi custom million dollar luxury homes in guard gated communities is going to be hit the hardest. “We already see some homes that were one to two million selling between 600 thousand and 800 thousand” The high rate of cash back mortgage fraud in the million dollar market will cause the highest rate of million dollar foreclosures in history. The jumbo loan market has all but dried up. Jumbo loans are now requiring 15-25% down and usually a point or two higher on the rate. The two forecasters would like to report better news but the facts are the facts, prices are getting butchered in the million dollar market! Buyers get ready to have a feast grander than any Las Vegas buffet.
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Price: $160,000
Enter Rivertown off HWY 41 go straight and left at Rivertown Country Club, and turn right The North Creek and The Pointe entrance, turn left just before the traffic circle at Kiln Creek
Remarks: Build your Lowcountry elevated home on this marsh lot and have a wonderful view of the Wando River. $160,000! Buffered by marsh and wetlands and Wando River views in The Pointe. Survey or plat of the lot online with MLS. Rivertown Country Club Golf memeberships are available. Amenity Center with pool, play park and tennis courts are nearby. Plus there is a beautiful community dock for the property owners of The Pointe and North Creek. Please view photos for the dock, picnic areas, which are great places to enjoy the evening sunsets overlooking the spectacular Wando River. The remains of the brick kiln have been preserved in this area for the people interested in the history of the South Carolina Low Country. Excellent price for a marsh lot with Wando River views in The Pointe of Rivertown Country Club $160,000!
Agnt Notes: Please call 886-8845 for HOA questions and answers for The Pointe at Rivertowne Country Club
Contact: Sammie Ferrigan, REALTOR
Carolina One Real Estate 843.209.3544
843-209-3544
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Amidst the Real Estate & Mortgage Meltdown; Foreclosure Fraud & Scams; Real Estates Future is Great. First Time Home Buyers, FHA Loans & Seller Paid Closing Costs. Go To http://RealEstateMarketingThisWeek.com
Part 6 (Excerpt)
World wide recession caused by the mortgage melt-down. Is inflation far behind?
What their ratings were based on was simply that nobody thought real estate would go down again. They were just going to keep going up forever, doesn’t really matter if you call it AAA or BBB. Isnt going to matter if the note never gets called.
We certainly saw that for years in the mortgage industry. We would refinances somebody and a couple of years later they would call us up again and say hey my house went up $100,000 in value and I bought a car and a boat and my kids need to go to school and give me another hundred grand out of my property, and it just kept going up forever and ever and ever and as long as that was happening everything was just fine. But then as we know everything just stopped.
There’s only so much leverage that could exist out there and that is why the stop started if you will. Because as that leverage continued to balloon; how much more leverage can a Wall Street firm or a bank take on to buy up more mortgage backed securities? Oh I know well carve out these tranches and well sell them off overseas. So that is where it ballooned, how wide reaching and impactful has it been?
Well we see it now it’s a global recession. It’s not a US recession for that reason. And that is starting to clean itself up, not only by the Fed aggressively here at home, by working with other developed nations around the world with their equivalents of the Fed in those countries they are doing the same thing. They are acting aggressively and that’s great for the short-term but that is like putting a band-aid on a carotid artery that has been severed, it doesn’t work. That is okay for today and tomorrow, long term there are bigger issues, bigger issues translate into inflation. Where I am going with this is the fact that right now with money being cheaper than it has been at any other time in the history of the United States.
That’s your motivation, if you’re looking for a loan, if you are looking to refinance a loan, if youre looking for a loan modification, whatever your circumstances are, this is your opportunity. I am of the opinion that five years from now we’ll look back on this time period and say, my gosh look at all the mistakes the Fed made.
One of the things I want to go back to is something you said earlier about how all these mortgage derivatives were broken up and put back together. And most of them certainly many of them got bought by hedge funds. A lot of them got bought up by foreign governments and whatever around the world. One of the things about where that’s coming in is it’s causing a massive structural problem, especially in the mortgage industry when it comes to the servicing aspect and a loan modification aspect.
These hedge funds are now coming along, and they are suing the servicers because the servicers are doing what they had a right to do under the contract that they signed with the hedge fund in the first place which was to modify these loans. While the hedge funds are saying if you’re going to modify the loan we want all the money and the servicers or the bank or whatever is saying, no were not going to so now they are getting into a big fight and I have a feeling were going to see a lot of lawsuits, which is only going to hurt the American homeowner, because unfortunately it’s only going to delay a loan modification process.
But it’s also one more reason why you want to have an attorney on your side negotiating with the servicers, negotiating with the bank, maybe even negotiating with the hedge fund for all we know. But negotiating with somebody on your behalf, somebody with the legal power, negotiating for you so if they need to go after the bank for lack of standing, because maybe that’s what it takes to get their attention, go after them and prove they have a lack of standing and say, oh great now that I have your attention let’s do something to help the home owner.
Duration : 0:6:17
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First Time Home Buyers use FHA Mortgage and Seller Paid Closing Costs to Buy Real Estate Now. Best Market Conditions for Foreclosures and Short Sales in Decades. Go To http://RealEstateMarketingThisWeek.com
Part 7 (Excerpt)
The old rules no longer apply and Suze Ormond should know that.
We have Dan Havey the author of Real Estates Future in the studio today.
Michael, I was just curious, back when I got into the industry many, many years ago there used to be a rule of thumb that if you were going to refinance you had to lower your interest rate by at least two percent and I know as time went along and products changed that really became unnecessary, but I am just curious in todays mortgage market its a lot different than we were dealing with even two years ago. Is that still true that there is a 2% rule? Whats going on now?
I happened to catch Suze Orman on television and she was talking about mortgages, the caller who called in to the program, the question became I believe similar to what Dan just asked, her comment was that basically if you’re in 6% interest rate or above now is the time to re-fi. That is what she said, a blanket recommendation. I know a lot of people put a lot of credence into what she says, maybe you could speak to that, the lowest interest rates you’ve seen in your career, you have been doing this for a while.
I have, and they are. You know there was a lot of speak the last couple weeks about the Fed, the Fed funds rate by the way is the lowest it’s ever been in history. As of this week the discount rate is to the point that banks are lending money to each other at nothing, the Fed funds rate for intrabank lending is at zero, the problem is the banks don’t have any money.
To be serious about the refinancing, because its a serious topic, I think people are starting to see their mail boxes filled with lots of advertising crap about refinance. I believe that doing the refinance is no different from doing a loan modification or buying a house, you need to sit down with the human being that’s local, that you can know is a legitimate source. You’re going to give all this personal information about you, your family, your kids, your Social Security number, you want to make sure you have somebody there that you know whos legit.
In regard to the old rule of thumb 2%, nothing could be further from the truth, and I will expand, but to the point of Ms Ormond that if youre at 6% or higher, that is a blanket statement and blanket statements never work. We just did a refinance for a guy who was at 5 1/2%, and it makes sense. Every situation is different, as far as how much do I have to lower my interest rate to make it work? It depends on the type of mortgage that you get.
The only type of loan to get today in December of 2008 is a 30 year fixed. I know that one of the things that was really interesting to me, and that you and I have referred clients to one another for several years, so we share a number of clients, were familiar with those families and those households, and this is Wednesday, on Monday and Tuesday of this week I’ve had seven phone calls from clients who you’ve already done loans for, refinances for, asking if this is the time to refinance a loan that is only a couple years old.
And I know in several of those cases the answer is yes you’re actually helping families right now with that process. I am and we do. To answer the question, you need to determine what the payback term is, in other words when your refinance is done it’s a new loan, there’s the title insurance, appraisals, lots of different things may need to be done, not in every case, but in most cases there are costs associated with that. The cost has to be offset by the amount of savings. Its a breakeven analysis
Absolutely it is, the shorter the breakeven the better the loan. I am working on a case right now which is going to be done in the next couple of days where the guy lowered his interest rate by an1/8 of a percent and it made sense for him. It’s not for everybody, 2 percent or lower, 2% is significant, now you’re talking about really significant savings in terms of cash flow…
Duration : 0:6:31
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Home Loan Modifications Negotiated by Licensed Attorneys. Real Estate & Mortgage Laws and Guidelines are Complex. Beware of the Banks Loss Mitigation Department. Go To http://RealEstateMarketingThisWeek.com
Part 8 (Excerpt)
The pitfall of forcing your bank to rescind your loan for lending violations
I have a question on that, it is my understanding and I could be wrong, but they dont need a copy of the note, they need the original note.
You are correct. Your attorney of course will get a copy, because they are not going to send them the original.
Items that your attorney is going to ask for, and I forget the number, I think its 47 different items that the attorney could ask for. Heres one. I’ve been in the industry for 20 years and I just heard this term a couple months ago, it’s known as an alonge. What the heck is an alonge? Well apparently it’s one of the documents that has to be in the file.
While essentially the whole purpose of this is to catch the bank, the lender having messed up your loan somewhere along the way. Because if it is true that they violated some kind of Federal Law in the past when they gave you the loan or are in violation of the loan now, you can then take them to court. And you can sue them. You can have your loan rescinded. Which basically means it comes off your credit report. This loan never happened. As good as that sounds that may not be the best thing for the home owner.
I want to back up just a little tiny bit, you mentioned the alonge, there’s more to the alonge then it sounds like. The bank needs to have the original alonge, more importantly, the person who signed the alonge has to have been authorized by the licensed entity to sign that alonge. And I know for a fact that several people in this town, in this industry, were signing alonges because they needed it signed before the loans could fund. And they were not qualified to sign.
So let’s go back to this discovery process, when we find the lender has to rescind. And I will admit after being in the real estate and mortgage industry for over 20 years, I would have to say that almost 100% of the loans that are originated, if you look at them hard enough you could find something wrong with them. Something wrong, where there could be a reason for you to rescind this loan.
So let’s say you go to that point and push it and get the bank to rescind your loan. Here’s the problem. The loan is gone, it is no longer on your credit report, but let’s say you have a $200,000 loan you took out two years ago, in that time, you would’ve paid about $35,000 in interest. You get a credit for the 35,000, and let’s say you had attorney fees to fight the bank, let’s say $10,000, I don’t think it would be that high but we are just throwing out numbers here. And $5000 in closing costs when you bought the house, so that total is $50,000. You get a credit for $50,000 off of the $200,000 loan, which means you still owe $150,000 on the house. You have to pay the difference.
You have to pay back to the bank $150,000. So its nice that we filed suit and won but frankly in this market where are you going to get the $150,000 from? I think it would be very difficult to find a bank or lender right now that will lend you $150,000 for your house. Chances are you may be several months behind on your payment and although the lender cant show your payment history because the loan was rescinded more than likely the new bank is going to say they need a mortgage payment history. And you say you have been in the house for two years, but the loan got rescinded and they say you need payment history, you cant produce it.
In this marketplace today you are not going to get that loan done. And so the attorneys know that and that’s why once they get the lenders attention they say to the lender, we dont want to rescinded the loan, we dont want to incur a ton of attorney fees but we will if we need to, if you dont want to play ball with us. What we want to do is to work together to get the best possible loan modification for our clients. So we can keep them in their home, keep their family intact.
The reality of a it is, here what we are doing we are working with a national network of attorneys that care about you and you first.
You can go to http://mortgageanswerman.com where there’s going to be information about everything including, one thing I’ll add really quickly. I have something there that is known as a Decision Matrix. The Decision Matrix will walk you through step by step by step, every single step of the process regarding what you should do with your property, should you do a short sale, should you do loan modification, should you just let the bank foreclose? Is bankruptcy an okay idea for you, or not? What are the tax consequences?…
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