Real Estate News from Westfield, MA: July 2009

My newest article is up at Agent Genius Magazine where I am a featured writer on the topic of homeowners in distress.  I find that many agents fail to empathize properly with homeowners going through a troubled time and worse than that: fail to HELP.

Take a look at my article which explains my thoughts as to the reasons for foreclosures and how I think each of us can help many people avoid the worst. 

We are in a unique position to stop foreclosure before it happens if we are informed, concerned and involved!

If you or someone you know is in a situation due to: divorce, lost job, illness or injury, subprime mortgage, sinking home values or for any other reason: visit my site:   Westfield Home Help.  This site is designed to show homeowners in the Westfield, MA and surrounding areas that they aren't alone and there is help available.

 

 

Located on a pastoral 2 acre lot in the Mundale section of Westfield, MA is this historically significant Colonial.

Boasting 5 bedrooms with the potential for a first floor Master Suite, this home is large (2488square feet!) and has architectural integrity.

Loving families have inhabited these gracious walls since the mid 1800's and your family can be the next! 

 

For more information, photos, historic documention and video visit the website at http://www.1046granvilleroad.com

 

 

Contact Lesley Lambert of Park Square Realty at 413-575-3611 or @LesleyLambert on Twitter or email therealestatenatural@yahoo.com for your private viewing of this wonderful opportunity.

The clock is ticking on the time left to take advantage of your first time homebuyer tax credit!

Countdown Timers

I have had many young buyers ask me if I really think now is the right time for them to purchase a home. The answer is YES and not only because I would love to help them. I would say yes to these young people even if I wasn't involved in the real estate industry and this is why:

#1- The tax credit. I had a buyer purchase a home in Springfield, MA, file an amended tax return and get her $8,000 within two weeks after closing!

#2- Home prices. It seems to be unanimous that home values have tabled in the Western Massachusetts area. Buyers can enjoy the benefit of the 5-9% deflation in home values since 2005. Values have tabled and are expected to start gaining in certain areas.

#3- Interest rates. While they have been fluctuating over the past few weeks, an FHA mortgage remains a great option for almost all first time homebuyers.

For more information on buying your first home see my series of informational videos that cover the process from shopping to inspections and beyond. If you have questions about the tax credit, buying your first home or real estate in general, please feel free to contact me anytime!

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