Alluring Choices in Thriving Hub
The Lowell real estate market currently has only 196 foreclosure listings and properties among its foreclosure auctions advertised to take place in the next few days. These bear a tempting median price of just $168,000. The Lowell property auctions also include 331 other FSBO and MLS houses at the median quoted price of $199,900. The snapshot indicates that property prices in Lowell are relatively low, and that the foreclosed houses enjoy a discount of about 15 percent over the market prices. Most of the foreclosed listings are of homes that had been seized by various banks, with the others variously being auctioned by HUD, VA, Fannie Mae, Freddie Mac or the Sheriff. Despite the mere 200-odd foreclosure choices, buyers get a wide range of choices from among condos, apartments, duplexes, single-family homes, multifamily residences, commercial joints, farmlands and vacant lands of differing sizes.
Lowell is a city situated in Middlesex County, in the US state of Massachusetts. Lowell is the fourth most populous city in the state. Lowell and Cambridge are both county seats of Middlesex County, the most populated county in Massachusetts State.
Important cities in the vicinity of Lowell include Woburn, Medford, Everett, Malden, Newton, Marlborough, Melrose, Somerville, Waltham and Watertown. The sundry suburban towns of Lowell include Arlington, Maynard, Lincoln, Dracut, Ayer, Groton, Littleton, Carlisle, Hudson, Everett, Boxborough, Concord, Holliston and Belmont. Additionally, the several villages in proximity to Lowell include West Concord, Nobscott, North Billerica, Saxonville, Pinehurst, Newtonville, Waban, East Pepperell, Thompsonville, Auburndale, Chestnut Hill, Newton Highlands,
Expert Advice for Home Acquisition
The Lowell real estate market witnesses a vital role being played by its property brokers. As experts in the know of the latest home offerings at the city’s foreclosure auctions, as well as the relative merits of the different colonies and mortgage schemes, they are actively pursued by the intending homebuyers. Agents play a catalyzing role in the working out of property transactions. Since the agent is typically compensated his seven percent commission by the seller from the total sale proceeds, as a buyer, you get to benefit from the agent’s professional advice practically gratis. Eileen Emerson, James L. Cooney, Nick Flaris, Elizabeth Skinsacos and Sam Poulten rank among the more competent and successful real estate agents in Lowell. Hiring a seasoned agent to represent your interests can be your best first step in investing at the Lowell real estate listings auctions.
First-time buyers at the Lowell property auctions may find the auction procedures and processes bewildering. Moreover, a range of choices confronts buyers, be it over the selection of homes to bid for, the mortgage scheme that one should apply for, and the maximum bid that one can afford to make within one’s financial resources. Agents are naturally eminently experienced and qualified to guide you take just the right decisions timely. Moreover, expert counsel has acquired added importance in today’s times, with the economy in turmoil. Even seasoned investors may find the market to be volatile, fluid and unpredictable. A good agent is your best guarantee of a lucrative property investment at the Lowell foreclosure auctions.