Jim Nadeau Realty offers real estate brokerage services for buyers and sellers of residential properties, mixed-use properties, new construction, vacant land, waterfront properties, and multi-unit or investment properties.
Our clients can expect:
- Professionalism, honesty, and confidentiality
- Timely and consistent communication
- Resources and information to make well-informed decisions
- Customized property searches
- Strategic negotiations to achieve ideal terms and conditions
- Review of current property records to identify potential title issues
Comprehensive Guidance & Support
Utilizing our diverse professional experience, we can offer clients general guidance on important building and site features that may not be apparent to the traditionally trained real estate licensee or appraiser. Our evaluation can help identify unique benefits and risks associated with a property, as well as, options for resolving potential issues.
If you have plans to modify a property for a sale, or after purchase, we can competently speak on your behalf, or suggest relevant questions to ask a code enforcement officer, designer, insurance agent, or other consultant, to make sure your plans are executed in the most time and cost efficient manner.
Research & Analysis
We know the market and want to help buyers understand value in terms of current and future affordability. Interest rates, insurance requirements, property taxes, repairs – these are all expenses that can change over time and need to be considered when looking at the long-term viability of a home purchase.
We also offer Comparative Market Analysis to make sure you are getting the appropriate value for your property. If nearby properties are found to be priced lower than what is being offered on a prospective property, this analysis could provide leverage for negotiating a lower price. It also helps sellers create a price based on comparative values so you can avoid pricing something too high to sell in the current market.
We also offer assistance with due diligence research. Sellers are only responsible for disclosing known issues and it is the buyer's responsibility to research potential issues or defects which may not be apparent through disclosure. We can make recommendations for trustworthy home inspectors as well as offer our own observations based on many years of experience.
The Importance of Due Diligence
Flood risk, as an example, is a topic that is very minimally addressed on Maine's Seller Disclosure form. There is one simple question asking whether or not the seller has a flood insurance policy. But, having an insurance policy in place, or not, does not exempt a property from having actual flood risk. As well, if a seller is without a mortgage, they would not be required to carry flood insurance, and therefore would not indicate having an insurance policy on disclosure, which could lead a buyer to believe flood risk does not exist.
As real estate professionals who are also flood zone consultants, we can help you determine if flood risk and flood insurance will impact the value of a property. Many sellers who were not required to have a flood insurance policy when they purchased the home may not be aware flood risk is an issue until they try to sell. We can provide guidance on how to address these issues, for both buyers and sellers, before it becomes a detriment to the deal.
Throughout our many years as local consultants, we have developed many trustworthy connections with other professionals. Attorneys, title companies, lenders, insurance agents, builders, developers, engineers, architects, soil scientists, wetland delineators, and building inspectors are just a phone call away.
We strive to build lasting relationships with our clients. Let us know how we can help you make your next move!
Jim grew up in Biddeford, Maine and has lived and worked in the Greater Portland Area for almost thirty years. He knows the communities, businesses, and neighborhoods. He's seen how the area has grown over the years and has a keen interest in how it will develop in the future.
If you are interested in purchasing, selling, or investing in property in the Greater Portland Area, Jim Nadeau Realty is a great place to start!
If you are interested in property outside of this region, we are happy to refer you to a trusted agent who specializes in that area. It is important to us that you get the best service possible, and finding an agent who is familiar with the community is essential to meeting your individual needs.