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Shannon Donohue
Shannon Donohue Real Estate, LLC
4 Springfield St.
Three Rivers MA 01080
Office: 413-283-6324
Fax: 413-289-1223
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Shannon Donohue's Blog

Shannon Donohue

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Displaying blog entries 11-20 of 71

Western MA Real Estate: How Main Street Protects Against Wall Street

Friday, October 03, 2008
by Shannon Donohue
You can’t turn on a TV, computer or radio these days without hearing about financial crisis America is experiencing and the proposed $700 million dollar government bailout.
 
It is still unclear how this legislation will affect every day folks like you and me, but there are some things we can do to protect our personal financial futures.
 
Gibran Nicholas, chairman of the CMPS Institute, an organization that certifies mortgage bankers and brokers, makes 4 suggestions for protecting ourselves in today’s troubled economy in an article on Rismedia.com:
 
1 - Make Sure Your Investments Are Protected Through the SIPC.
 
2 - Make Sure All Your Bank Accounts Are Covered with FDIC Insurance.
 
3 - Max Out Your Home Equity Line of Credit Before Your Lender Cuts Off the Limit.
 
4 - Stop Making Extra Mortgage Payments and Take Out a Mortgage Even If You Don’t Need One.
 
Please read Nicholas’s entire article to best understand his suggestions. They are so important, I did not want to try to paraphrase his comments.
 
If you have question concerning Western MA real estate, visit ShannonDonohueHomes.com or give me a call, 413-283-6324.

Western MA Real Estate Sales Statistics - August 2008

Thursday, September 25, 2008
by Shannon Donohue
Western MA Real Estate Market Trends Report
The level of home sales is expected to show little movement in the months ahead, according to the latest projections by the National Association of Realtors®.

The Pending Home Sales Index, a forward-looking indicator based on contracts signed in July, fell 3.2 percent to 86.5 from an upwardly revised reading of 89.4 in June, which had risen 5.8 percent from May. The July index remains 6.8 percent below July 2007 when it stood at 92.8.

Lawrence Yun, NAR chief economist, said home sales continue to edge up and down. “Pending home sales are oscillating month-to-month, with the long-term trend essentially flat,” he said. “Overly stringent lending criteria imposed by Fannie Mae and Freddie Mac in the past month no doubt held back contract signings.”

Let’s take a look at the sales statistics for August 2008 to see how the Western MA real estate market looks:

 
  
This August, Worcester County saw a 14% decrease in sales, when compared against August 2007.  The average sales price declined 15% to $328,589, and homes were on the market an average of 9 days longer than the same time last year.

Worcester County
Active Listings
Pending Sales
Sold Listings
Average DOM
Average Sale Price
August 2008
774
292
557
143
$278,251
August 2007
n/a
n/a
644
134
$328,589


In Hampden County, sales were down 18% in August 2008, while homes were on the market an average of 19 days longer than in August 2007.  The average sales price dropped 12% to $202,979.

Hampden 
County
Active Listings
Pending Sales
Sold Listings
Average DOM
Average Sale Price
August 2008
369
172
259
119
$202,979
August 2007
n/a
n/a
315
100
$230,499


Hampshire County experienced a 16% decrease in sales this August.  Market times were only 5 days shorter than in August 2007.  The average sales price dropped 6% to $294,754.

Hampshire County
Active Listings
Pending Sales
Sold Listings
Average DOM
Average Sale Price
July 2008
119
53
107
136
$294,754
July 2007
n/a
n/a
127
131
$314,145


For the latest Western MA real estate market conditions in your area, please call me at 413-283-1223 or visit ShannonDonohueHomes.com.

5 Powerful Buying Strategies for Western MA Real Estate Buyers

Thursday, September 18, 2008
by Shannon Donohue
5 Powerful Buying Strategies for Western MA Real Estate Buyers
 
 
puzzle1. Don't Get "Pre-Qualified!" Get "Pre-Approved"
 
Do you want to get the best house you can for the least amount of money when buying Western MA real estate? Then make sure you are in the strongest negotiating position possible. Price is only one bargaining chip in the negotiations, and not necessarily the most important one. Often other terms, such as the strength of the buyer or the length of escrow, are critical to a seller. In years past, we always recommended that buyers get "pre-qualified" by a lender. This means that you spend a few minutes on the phone with a lender who asks you a few questions. Based on the answers, the lender pronounces you "pre-qualified" and issues a certificate that you can show to a seller. Sellers are aware that such certificates are WORTHLESS, and here's why! None of the information has been verified! Unknown problems can surface for example: recorded judgments, child support payments due, glitches on the credit report (due to any number of reasons both accurately and inaccurately), down payment funds that have not been in the clients' bank account long enough, etc. So the way to make a strong offer today is to get "pre-approved". This happens AFTER all information has been checked and verified. You are actually APPROVED for the loan and the only loose end is the appraisal on the property. This process takes anywhere from a few days to a few weeks depending on your situation. It's VERY POWERFUL and a weapon we recommend all of our clients have in their negotiating arsenal.
 
2. Sell First, Then Buy
 
If you have a house to sell, sell it before selecting a house to buy! Let's pretend that we go out looking for the perfect house for you. We find it and you love it! Now you have to go make an offer to the seller. You want the seller to reduce the price and wait until you sell your house. The seller figures that's a risky deal, since he might pass up a buyer who DOESN'T have to sell a house while he's waiting for you. So he says OK, he'll do the contingency but it has to be a full price offer! So you see, you paid more for the house than you could have because of the contingency. Now you have to sell your existing house, and in a hurry! Otherwise you lose the dream house! So to sell quickly you might take an offer that's lower than if you had more time. The bottom line is that buying before selling might cost you TENS OF THOUSANDS of dollars. We always recommend that you sell first, then buy. If you're concerned that there is not a house on the market for you, then go on a window-shopping trip. You can identify possible houses and locations without falling in love with a specific house. If you feel confident after that then put your house on the market. Another tactic is to make the sale "subject to seller finding suitable housing". Adding this phrase to the listing means that WHEN YOU DO FIND A BUYER, you will have some time to find the new place. If you don't find anything to your liking, you don't have to sell your present home.
 
3. Play the Game of Nines
 
Before house hunting for Western MA real estate, make a list of nine things you want in the new place. Then make a list of the nine things you don't want. We call this "NINE OF THIS AND NONE OF THAT". You can use this list as a scorecard to rate each property that you see. The one with the biggest score wins! This helps avoid confusion and keeps things in perspective when you're comparing dozens of homes. When house hunting, keep in mind the difference between "SKIN AND BONES". The BONES are things that cannot be changed such as the location, view, size of lot, noise in the area, school district, and floor plan. The SKIN represents easily changed surface finishes like carpet, wallpaper, color, and window coverings. Buy the house with good BONES, because the SKIN can always be changed to match your tastes. I always recommend that you imagine each house as if it were vacant. Consider each house on its underlying merits, not the seller's decorating skills.
 
4. Don't Be Pushed Into Any House
 
Your agent should show you everything available that meets your requirements. Don't make a decision on a house until you feel that you've seen enough to pick the best one. Review the Multiple Listing printout with your agent to make sure that you are getting a COMPLETE list. In the late 1980's, homes were selling quickly, usually a few days after listing. In that kind of market, agents advised their clients to make an offer ON THE SPOT if they liked the house. That was good advice at the time. Today there isn't always this urgency, unless a home is drastically under priced, and you'll know if it is. Don't forget to check into the SCHOOL DISTRICTS of the area you're considering. Information is available on every school; such as class sizes, % of students that go on to college, SAT scores, etc. You can get this information from your agent or directly from the school.
 
5. Stop Calling Ads!
 
A word of caution - agents create ads solely to make the phone ring! Many of the homes have some drawback that's not mentioned in the ad, such as traffic noise, power lines, or litigation in the community. What's not mentioned in the ad is usually more important than what is. For this reason, we want you to be very careful when reading ads. Remember that the person writing the ad is representing the seller and not you! The most important thing you can do is have someone on your side looking out for your best interests. Your own agent will critique the property with an eye towards how well it meets your needs and will point out any drawbacks you should know about. So whether you decide to work with us or not, pick an agent you feel comfortable with and enlist the services of that agent as a buyer's broker. Then you become a client with all the rights, benefits, and privileges created by this agency relationship, and you're no longer just a shopper. Did you know that many homes are sold WITHOUT A SIGN ever going up or an AD EVER BEING PUT IN THE PAPER? These "great deals" go to those people who are committed to working with one agent. When an agent hears of a great buy, who do you think he's going to call? His client, who he has a legal obligation to work hard for, or someone who just called on the phone and said "keep your eyes open"? So, to get the best buy on a property, we always recommend that you hire your own agent and stick with him.
 
To learn more about buying Western MA real estate, visit our website, ShannonDonohueHomes.com or give us a call, 413-283-6324.
 

Is Western MA Homeownership A Good Investment In Today’s Economy?

Thursday, September 11, 2008
by Shannon Donohue
As a long-term investment, Western MA homeownership is still one of the best investments for individual households.
 
abacusEverywhere you look, headlines say the housing market is in a free-fall, foreclosures are rising at an alarming rate, and mortgage money is so tight that buyers can’t get a home loan at any price.
 
In today’s economy, is buying a home and investing in Western MA real estate a good idea? As a long-term investment, homeownership is still one of the best investments you can make. And the operative word here is “long-term.”
 
Why is Western MA real estate a good investment, you ask. The housing market, like all markets, is cyclical and will inevitably have ups and downs. But, homeownership has a track record that is virtually unmatched by any other investment of stocks, bonds or mutual funds.
 
Despite the current unrest in the mortgage industry, if you have good credit, a job and steady income, you will find there is still plenty of mortgage money to be had at decent interest rates. For well-qualified buyers, rates close to historical lows and the new Housing Recovery Act is offering first-time home buyers a $7,500 tax credit.
 
Western MA Homeownership’s Real Value
 
Homeownership is a solid stepping stone to financial security and the single largest creator of wealth for many Americans. Despite cyclical ups and downs, real estate has consistently appreciated over the long-term. The National Association of Home Builders reports home appreciation has, historically, increased 5-6 percent annually.
 
This may not seem like much, but let’s look at some figures that will put it into perspective. If you were to put down the 3.5 percent required by FHA on a $200,000 house, you would put down $7,000. At a 5 percent annual appreciation rate, that $200,000 home would increase in value $10,000 during the first year. Earning $10,000 on an investment of $7,000 is an extraordinary annual return.
 
In contrast, putting that $7,000 down payment into the stock market and getting a 5 percent gain would only yield a $350 profit.
 
Compared to Stocks
 
Looking at it another way, over a longer period of time, if someone put $10,000 into the stock market in 1996, the average annual S&P return would make that investment worth $21,500 today—an increase of $11,500. The median home price in 1996 was $140,000.
Today, that same home would have gained nearly $100,000 in value.
 
Don’t miss out on the benefits of Western MA homeownership.
 
For more information on Western MA real estate, visit ShannonDonohueHomes.com or give us a call at 413-283-6324.
 

Should You Rent Your Western MA Vacation Home

Friday, September 05, 2008
by Shannon Donohue
One of the biggest decision Western MA second-home buyers must decide is whether or not to rent their property when they are not using it. According to the U.S. Census Bureau, one-half of all second-home owners leave their home unoccupied for more than 330 days a year. The question becomes, will your vacation home be a financial burden or a financial cow with the rental income is can generate, thus paying for itself.
Renting does have its pros and cons. Some owners don’t like the idea of ‘strangers’ in their home. Others don’t want the hassle of being a landlord, especially a long distance landlord. And then there is the decision to give up the prime vacation season for rental income. The flip side is renting your vacation home provides a stream of easy money.
EscapeHomes.com offers advice and tips when considering a Western MA vacation home purchase and deciding whether renting out that home is right for you:

Before You Buy
If you already know you will rent your vacation home, consider these questions as you look at properties:

Is there a rental market in the area?
What is the average rent that your neighbors receive?
If you are looking in a development, are there any by-laws which restrict your rental capabilities?
Is this a seasonal area or year-round location?

The answers to these questions will help you select a more lucrative property for your vacation home.
Rental Seasons
How do you decide when to rent your property and when to use it yourself? Since you are buying primarily for your own fun and enjoyment, you shouldn’t sacrifice this. If the home is in a one-season area, for example, summers at the Maine coast, then giving up that time of year for rental income defeats the purpose of having the home. In this case, you might look for a long-term (9-month) renter for the off-season, among the local population, while you use it in the summer. On the other hand, if you buy a winter ski condo or chalet, it is still highly rentable in the summer time for the mountaineering types. If you buy a property for weekend use, perhaps there are local people who need a Monday-Friday escape option. In short, if you balance your own needs with the market demands, you get both fun and money.
Practical Considerations
For successful renting, first find out the going rental market rate. Second, determine if you want to market it yourself, or use a rental agent. Self-marketing takes time, but often generates more qualified renters as you are not competing with all the other properties of an agent. Third, be sure to arrange for a property manager. This is different from a rental agency. The manager will take 10 to 20 percent of the rent, and free you up from cleaning, being on call for maintenance (especially important if you live far away), and dealing with the daily needs of the renters.
Make it Personal
By far, the most important factor in success is your personal investment in the process. This means your personal contact with your renters. From a simple welcome note and local maps to a thank-you note and on-going contact, your relationship creates a repeat flow of guests who not only love your second home as much as you do but also pay for the privilege of using it. What could be better?
If you are considering buying a Western MA vacation home, give us a call, 413-283-6324. We are glad to provide you with the information you need to make a good buying and renting decision.
Think you want to rent out your Western MA vacation home, but don’t want to handle the day-to-day details yourself, we can recommend a Property Manager.

Western MA Second-Home Sellers Pay For Tax Credits

Saturday, August 30, 2008
by Shannon Donohue
Western MA Second-home Sellers Pay For Tax Credits
You have probably heard, last week President signed into law the Housing Rescue and Foreclosure Prevention Act. This is the most comprehensive housing bill to be enacted in over a decade. The bill is designed to help more buyers of Western MA real estate realize their dreams, as well as, boast the struggling housing and mortgage markets.
dollarOne of the biggest benefits, and probably one of the most talked about provisions in this legislation, is the $7,500 tax credit to first time home buyers. Tax breaks are all well and good, but they have to be paid for somehow. While first time home buyers are getting a break, second home sellers will be paying for the $15.1 million dollars in tax cuts.
Up until the new legislation went into effect last week, homeowners could exclude up to $250,000 taxable profit on the sale of their home if they're single taxpayers and $500,000 if married filing joint returns. The catch being, they had to live the in house as their primary residence for two of the five years before it is sold.
Many second home owners took advantage of this by moving into a property that was once a rental or vacation home, live there for two years prior to selling and benefiting from the tax-free profit.
With the new legislation, owners selling on or after January 1, 2009 will have to factor out the period when the property was still a rental or vacation home and pay taxes on that portion of the profit.
Here's an example courtesy of BankRate.com:
Jim and Joan are in their 50s and next January buy a vacation home for $200,000. Ten years later, they retire, sell their old principal residence and make the vacation home their new principal residence. Fifteen years after that, Jim and Joan, now in their 80s, move to an assisted-living community and sell the vacation-turned-primary-residence for $700,000. That nets them a gain of $500,000.
Under pre-housing bill statute, Jim and Joan wouldn't face any tax on the entire $500,000 gain.
The new law, howev
er, means that Jim and Joan can exclude only 15/25, or 60 percent, of the gain. That would give them $300,000 of nontaxable property sale profit and $200,000 upon which they would owe long-term gain taxes.
As you can see, the new legislation significantly affects second home owners and their retirement strategies. The second home market has remained strong in the last few years, but this may change dramatically in the near future….something congress may not have intended.
If you own Western MA real estate and are in the middle of converting your second home to your main residence, you could be out of luck. If you don't have enough time left in 2008 to meet the two year lived-in rule and sell the property, when you do sell next year, you will pay.
If you need to sell your Western MA home before January 1, 2009, give us a call at 413-283-6324. We will help you get the highest price for your Western MA real estate before the end of the year!

Western MA Real Estate Market Trends-July 2008

Thursday, August 21, 2008
by Shannon Donohue

Existing-home sales rose from the first quarter in 13 states, largely from buyers responding to discounted home prices, according to the latest quarterly survey by the National Association of Realtors®. Nearly one-quarter of metropolitan areas showed rising home prices in the second quarter from a year ago, with greatly mixed conditions continuing around the country.

NAR President Richard Gaylord, a broker with RE/MAX Real Estate Specialists in Long Beach, Calif., said foreclosures are distorting the price data. “In many areas with large concentrations of foreclosure sales, homes are being purchased below replacement cost values,” Gaylord said. “Many buyers with long-term expectations are getting exceptional value in the current market. Once the inventory is drawn down, price pressure will return because the costs of construction are rising – today’s buyers are very well positioned to build wealth over time.” National Association of Realtors®.
Let’s take a look at the sales statistics for July 2008 to see how the Western MA real estate market looks: 
  
This July, Worcester County saw a 15% decrease in sales, when compared against July 2007.  The average sales price declined 15% to $285,378, and homes were on the market an average of 2 days longer than the same time last year.

Worcester County
Active Listings
Pending Sales
Sold Listings
Average DOM
Average Sale Price
July 2008
896
293
496
149
$285,378
July 2007
n/a
n/a
583
144
$335,710


In Hampden County, sales were down 14% in July 2008, while homes were on the market an average of 33 days longer than in July 2007.  The average sales price dropped 3% to $215,459.

Hampden 
County
Active Listings
Pending Sales
Sold Listings
Average DOM
Average Sale Price
July 2008
416
151
284
129
$215,459
July 2007
n/a
n/a
332
96
$222,732


Hampshire County experienced a more dramatic 23% decrease in sales this July.  Market times were, on average, one week shorter than in July 2007.  The average sales price dropped only 1% to $301,041.

Hampshire County
Active Listings
Pending Sales
Sold Listings
Average DOM
Average Sale Price
July 2008
134
50
98
110
$301,041
July 2007
n/a
n/a
127
118
$304,273


Again, as Gaylord said and as these statistics show, real estate prices are declining in some areas, even within the same city. 

For the latest Western MA real estate market conditions in your area, please call me at 413-283-1223 or visit ShannonDonohueHomes.com.

Western MA Real Estate: It’s Easy Being Green

Friday, August 15, 2008
by Shannon Donohue
greenNot so long ago helping the environment meant recycling plastic and newspapers, but today it has evolved into “green” thinking and extends to our homes and our living environments.
 
According to a recent NAR survey, nine out of 10 Realtors® said their clients are interested in energy efficient features of green homes and the potential cost savings of such features. An overwhelming 90 percent agreed there will be even more interest in green building practices a year from now.
 
Results of a Harris Interactive poll by Move, Inc. show potential home buyers consider “green” building features more important than luxury amenities. Almost half of the adults surveyed (49 percent) said features such as solar panels or energy-saving appliances were “important,” compared to just 31 percent who rated luxury amenities important.
 
Ninety-three percent of all home buyers are not willing to pay more for green or energy efficient features when building a home, according to a recent independent study commissioned by The New York Times Customer Insight Group.
 
However, a recent survey from Green Builder Media reports U.S. home buyers are willing to pay a premium for more environmentally friendly, green-built homes.
 
More than half of home builders surveyed (250 residential builders across the U.S.) said that buyers are willing to pay a premium of between 11-25 percent for green-built homes. The same builders report that the average green home buyer is between the ages of 35-50 with a college degree and fair understanding of green products.
 
Despite the conflicting statistics, the U.S. Green Building Council believes thinking “green” is an industry trend, rather than a passing fad; not only does it save on energy costs, it is better for our overall health and the environment as a whole.
Interested in buying a "green" home? Visit WesternMAHomes.com or give us a call at 413-283-6324.

How Does Housing Recovery Act Help Western MA Home Buyers

Thursday, August 07, 2008
by Shannon Donohue
rescuePresident Bush signed into law this week The Housing and Economic Recovery Act. This is the most sweeping change to housing reform since the New Deal of 1934. It is designed to assist more Americans invest in home ownership and shore up the faltering housing and mortgage markets. Like any legislation, it comes with the good and the bad. I encourage you to write your Congressmen to see if we can get legislation to revoke some of the bad.  

For example, effective October 1, 2008, FHA will increase the minimum required down payment from 3% to 3.5% for Western MA home buyers. The legislation also calls for the elimination of seller down-payment assistance programs such as AmeriDream and Nehemiah by October 1, 2008.

As of July 14, 2008, upfront MIP premiums became risk-based on credit scores and the annual premium increased across the board. Instead of the original plan of making FHA loans more affordable for potential Western MA home buyers; the new legislation is doing the exact opposite and makes it more expensive.

Details of the Housing and Economic Recovery Act:

Here are some key provisions of the Housing and Economic Recovery Act that most affect Western MA home buyers:
  • GSE Reform – including a strong independent regulator, and permanent conforming loan limits up to the greater of $417,000 or 115% local area median home price, capped at $625,500. The effective date for reforms is immediate upon enactment, but the loan limits will not go into effect until the expiration of the Economic Stimulus limits (December 31, 2008).
    View 2009 FHA and GSE loan limit estimates (PDF)
  • FHA Reform – including permanent FHA loan limits at the greater of $271,050 or 115% of local area median home price, capped at $625,500; streamlined processing for FHA condos; reforms to the HECM program, and reforms to the FHA manufactured housing program. The down payment requirement on FHA loans will go up to 3.5% (from 3%). The effective date for reforms is immediate upon enactment, but the loan limits will not go into effect until the expiration of the Economic Stimulus limits (December 31, 2008).
    View 2009 FHA and GSE loan limit estimates (PDF)
    FHA Reform Chart (PDF)
  • FHA foreclosure rescue – development of a refinance program for homebuyers with problematic subprime loans. Lenders would write down qualified mortgages to 85% of the current appraised value and qualified borrowers would get a new FHA 30-year fixed mortgage at 90% of appraised value. Borrowers would have to share 50% of all future appreciation with FHA. The loan limit for this program is $550,440 nationwide. Program is effective on October 1, 2008.
    FHA Foreclosure Rescue Chart
  • VA loan limits – temporarily increases the VA home loan guarantee loan limits to the same level as the Economic Stimulus limits through December 31, 2008.
  • Risk-based pricing – puts a moratorium on FHA using risk-based pricing for one year. This provision is effective from October 1, 2008 through September 30, 2009.
  • GSE Stabilization – includes language proposed by the Treasury Department to authorize Treasury to make loans to and buy stock from the GSEs to make sure that Freddie Mac and Fannie Mae could not fail.
  • Mortgage Revenue Bond Authority – authorizes $10 billion in mortgage revenue bonds for refinancing subprime mortgages.
  • National Affordable Housing Trust Fund – Develops a Trust Fund funded by a percentage of profits from the GSEs. In its first years, the Trust Fund would cover costs of any defaulted loans in FHA foreclosure program. In out years, the Trust Fund would be used for the development of affordable housing.
  • LIHTC – Modernizes the Low Income Housing Tax Credit program to make it more efficient.
  • Loan Originator Requirements – Strengthens the existing state-run nationwide mortgage originator licensing and registration system (and requires a parallel HUD system for states that fail to participate). Federal bank regulators will establish a parallel registration system for FDIC-insured banks. The purpose is to prevent fraud and require minimum licensing and education requirements. The bill exempts those who only perform real estate brokerage activities and are licensed or registered by a state, unless they are compensated by a lender, mortgage broker, or other loan originator.
It remains to be seen the overall effect the Recovery Act will have on both the individual home buyer and the housing industry as a whole.

From the Experts: 
“We’re going through a major financial crisis…let’s be clear: Fannie and Freddie can’t be allowed to fail. With the collapse of subprime lending, they’re now more central than ever to the housing market, and the economy as a whole.”
– Paul Krugman, Professor of Economics at Princeton and New York Times columnist, 7/14/2008

Western MA Real Estate: Short Sale Tips

Thursday, July 31, 2008
by Shannon Donohue
short saleIn the current Western MA real estate market, there has been a lot of buzz around “short sales.” What is a short sale, exactly? A short sale is when a lender agrees to accept a mortgage payoff amount less than what is owed in order to facilitate a sale of a property by a financially distressed owner – in essence, the lender forgives the outstanding balance of the loan.
 
There are pro’s and con’s to short sales on both sides of the deal. For the seller, credit history is seriously damaged, but not as badly as it would be by foreclosure. Sellers also walk away with no profit, which makes it difficult to purchase another home. For the buyer, the property comes at a reduced price, but it also generally comes with its fair share of problems, and there is a considerable amount of “red tape” to get through to complete the purchase.
 
The short sale buying process can be a confusing one, especially for a first-time short sale buyer. Check out this helpful article from BankRate.com and see 10 Steps for Short Sale Buying below:
 
  1. Identify potential short sales
  2. View the property
  3. Do your research
  4. Find all liens and mortgages
  5. Figure out the financing
  6. Contact the lender
  7. Complete the lender’s short sale application
  8. Assemble the proposal
  9. Negotiate
  10. Close the deal
 
To learn more about investing in Western MA real estate, please visit ShannonDonohueHomes.com.  For more personalized service, please call me today at 413-283-1223. 
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Shannon Donohue
Shannon Donohue Real Estate, LLC
4 Springfield St.
Three Rivers MA 01080
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Last modified 9/4/2010