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Manchester by the Sea, MA Real Estate News

By Jim Mushinsky
(Centsable Inspection)
A Manchester-by-the-Sea MA home buyer should receive a brochure, Home Inspectors Consumer Fact Sheet, at the time of the signing of the first written contract to purchase. A standard Massachusetts home inspection is a visual examination of the physical structure and major interior systems of a residential building consisting of one to four dwelling units. It should be understood that there are certain risks inherent in the purchase of property and a home inspection is inherently limited in its scope and depth. The information gained from home inspection conforming to the Massachusetts Home Inspector Standards of Practice may reduce some of those risks, but the home inspection is not intended to provide the client with protection from all of the risks involved. Visit the Manchester-by-th...
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http://www.bainmortgage.com/MortgageMarketWeekInReview http://www.bainmortgage.com/DailyRateLockAdvisory Newsletter-July 11th, 2011 Provided by Dana Bain Dana BainPremiere Mortgage Services11 Malvern Hill RoadSterling, MA 01564Phone: (978) 422-2311Fax: (978) 422-2313E-Mail: dana@bainmortgage.com     Market CommentMortgage bond prices rebounded last week, which helped mortgage interest rates improve. Weaker than expected data resulted in positive rate movements. Factory orders and the employment report both failed to meet expectations. Factory orders rose 0.8% in contrast to the expected 1.0% increase. Unemployment came in at 9.2%, higher than the expected 9.1% mark. Payrolls increased 18k, considerably weaker than the expected 110k increase. Mortgage bonds ended the week better by about...
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Manchester by the Sea Real Estate Homes Activity Report There were 40 Manchester MA Real Estate homes sold YTD in 2009 with an average sales price of $1,020,564 with an average days on market (DOM) of 227. The selling range was a low of $189,000 and a high of $6,232,500. As of November 30, there were 41 homes on the market with an average list price of $1,664,529, and an average DOM of 159. There is only one home under contract with an asking prive of $845,000. Additional resources for Manchester by the Sea real estate : Manchester MA Real Estate - Community, relocation and school information with town demographics. Manchester MA Foreclosures - Obtain a list of foreclosed and bank owned real estate and short sales Manchester MA MLS Search - View all listings in the statewide MLS.  For a...
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By Karen Nichols, Beach Realtor - Ft. Myers
(Premier Florida Realty of SWFL)
Houses are filled with memories, the reason why Mrs. Closson lived in her mansion until the day that she died.  Mrs. Closson was our landlord when my husband and I first married.  She owned an estate in Manchester-By-Sea, Massachusetts near Singing Beach in the exclusive section of exclusive Manchester known as Smith's Point.  On her grounds was a guest house.  Long ago, the house was probably the servant's quarters.  When I met Mrs. Closson, she was in her 80's.  My husband had known her from just living in Manchester.  When he told her of his upcoming marriage, she asked him if we would like to rent her guest house.  The couple that was living there had put a deposit on a house in Beverly.  Lloyd brought me to see the house and to meet Mrs. Closson.  We had tea in the main mansion.  M...
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By John Morrison, Exclusive Buyernulls Agent, CBR - Boston Area Real Estate
(Buyer's Choice Realty)
I recently heard about an unfortunate situation on Boston’s north shore, in Manchester. You can find more about it at the site of WCVB-tv. Here’s what happened: some unfortunate homeowners purchased a house that was most likely built on an old landfill. They tried to sell their house and potential buyers balked at the last minute. After learning why, the owners had their soil tested. Chemicals galore were lurking in their back yard. Lead, arsenic, mercury. Not exactly healthy. The worst part? Mom was weeks away from giving birth. Who’s responsible? Surely the builders knew what type of land they were building on, right? Maybe they had no idea - could have just been fulfilling a contract. Surely the town knew the history of the land that was to be built upon, right? It turns out they did...
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