Rick Tourgee's Blog on Provincetown Real Estate & Cape Cod Real Estate

CENTURY 21 Shoreland, Provincetown

Invites you to a

Holiday Wine Tasting Open House

November 22 from 3:00 until 5:00

Featuring 3 Holiday Wines Presented by Truro Vineyards

  
2007 Truro Vineyards Chardonnay- Tasting Notes Toasty oak aromas with layers of ripe apple and vanilla. Finish is long, warm and slightly citrusy. Serve lightly chilled with broiled seafood, lobster, roasted poultry, and pastas with cream sauce.   Grapes 100% Chardonnay.

 
2006 Truro Vineyards Cabernet Franc- Tasting Notes Cabernet Franc is the signature varietal of Truro Vineyards.  Open vat fermentation, extended maceration and 18 months barrel aging all contribute to rich varietal fruit flavors and herbal tannins.  This tasty dry red wine is best served with beef, pork and varied roasted dishes. Grapes 100% Cabernet Franc

NV Truro Vineyards Cranberry Red- Tasting Notes Fresh and bold, red Beaujolais character blended with delicate Cape Cod cranberries. Super with roast turkey, duck, or pheasant.  Also blend with orange juice or mulling spices for a harvest treat!

CENTURY 21 Shoreland  68 Shank Painter Rd Provincetown

1-508-487-6002

*all attendees must be a minimum of 21 years of age

After many months of rumors, it is now official that Stop & Shop grocery store will take over the local Grand Union Supermarket on Shank Painter Road in Provincetown.  This supermarket is the only larger scale grocery store within about a 30 minute drive.

Many people in the Provincetown area have complained over recent years of the lack of high quality fruits, vegetables, meats, etc that has been in Grand Union's offering- at substantially high prices.  We all now hope that Stop & Shop will bring much higher quality groceries to us in the Provincetown and surrounding area.  We know prices of groceries probably will not decrease.  But, we all hope the quality and the selections of groceries will increase dramatically.

Stay tuned!  It is estimated the take over will occur in early December 2008.

When looking to buy or sell your piece of Provincetown Real Estate or in the surrounding area, please call me at 508-487-6002 or e-mail me at Rick.Tourgee@Century21.com

I am an Accredited Buyer Representative (ABR) and a Seller Representative Specialist (SRS) with a successful track record servicing many Buyers and Sellers. I follow the Golden Rule and look out for my Clients needs above my own.

 I just read an article online on www.cnbc.comabout how the Iphone is selling faster than the Razr and has become the top choice among business people.  Here is a link to the article. 

I bought my new Iphone 3G in August and I never looked back at my old Blackberry!  I love the graphics on the Iphone, the speed, the ability to touch a number to dial, the ease of connecting to Microsoft Outlook and syncing to update my contacts, calendar, and to do list.  I enjoy the ability to connect to Itunes anywhere and download a song I just heard on the radio.  There are so many applications for free that are a lot of fun!  Now that I have had my phone for several months and have tried all of the features of the phone, I can only say great things about the phone.

I am not an Iphone salesperson getting paid to write this post.  But, if you are considering a smartphone, in my opinion the Iphone is the best choice!  Would I like a few more bells and whistles- of course.  But, what phone is perfect?

When looking to buy or sell your piece of Provincetown Real Estate or in the surrounding area, please call me at 508-487-6002 or e-mail me at Rick.Tourgee@Century21.com

I am an Accredited Buyer Representative (ABR) and a Seller Representative Specialist (SRS) with a successful track record servicing many Buyers and Sellers. I follow the Golden Rule and look out for my Clients needs above my own.

4 Winslow Street

Provincetown, MA  02657

$539,000

Great location, just off Bradford Street, steps away from the monument, town hall and everything on Commercial Street, yet in a quiet and residential area.  The second floor was totally renovated in 2003.  It features cathedral ceilings, open living area, old wide pine floors and tons of light and opens to a 12 x 8 deck. The kitchen has a sub-zero refrigerator and Bosch dishwasher and some truly beautiful granite counter-tops. The living area has a wood burning RAIS stove.  The bedrooms have  queen sized beds and ample closet space. The marble bath with tiled shower stall is quite impressive. There is a separate small laundry area, shared basement storage, attic storage with a pull down stair, and parking for one car.  Please note this is a new condo conversion.  Taxes and condos fees have not been assessed at this point.

When looking to buy or sell your piece of Provincetown Real Estate or in the surrounding area, please call me at 508-487-6002 or e-mail me at Rick.Tourgee@Century21.com

I am an Accredited Buyer Representative (ABR) and a Seller Representative Specialist (SRS) with a successful track record servicing many Buyers and Sellers. I follow the Golden Rule and look out for my Clients needs above my own.

3 Race Road

Provincetown, MA

$419,000

Provincetown condo for sale: Tucked away in the desirable west end, you will love the privacy of this 2 bedroom free standing condo in a small association. View the sun drenched outdoor exclusive use deck through double sliders from the inside of your dining/living/kitchen area. This 2 bedroom condo has one bath, in unit laundry and an open kitchen to the living area and deck on the first floor. Complimented by a second bedroom upstairs with a vaulted ceiling which owner currently uses as a media room. Well maintained by current owners as private retreat for the past 13 years, this free standing unit would be ideal for owner living or weekly summer rentals. Pets allowed for owners.

When looking to buy or sell your piece of Provincetown Real Estate or in the surrounding area, please call me at 508-487-6002 or e-mail me at Rick.Tourgee@Century21.com

I am an Accredited Buyer Representative (ABR) and a Seller Representative Specialist (SRS) with a successful track record servicing many Buyers and Sellers. I follow the Golden Rule and look out for my Clients needs above my own.

When looking to buy or sell your piece of Provincetown Real Estate or in the surrounding area, please call me at 508-487-6002 or e-mail me at Rick.Tourgee@Century21.com

I am an Accredited Buyer Representative (ABR) and a Seller Representative Specialist (SRS) with a successful track record servicing many Buyers and Sellers. I follow the Golden Rule and look out for my Clients needs above my own.

Attention anyone and everyone looking to buy real estate:  I wrote a post here in my blog about a year ago about Buyer Representation and how valuable it is when looking to purchase real estate.  I had a few potential Buyers share their initial impressions about how they “viewed” looking for an Agent or Agency when looking to purchase.  Much to my surprise, they initially felt they should work with an Agency that has the highest number of listings.  That is totally false and shows consumers need a better education on Agency Representation.

I was delighted to explain Buyer representation and how it provides significant value to the Buyer- regardless of the number of listings I have or my company has listed.  As an Accredited Buyer Representative (ABR), I have a duty to look after my Buyers best interest above my own interest.  I am able to show Buyers any listings for sale in the State of Massachusetts, regardless of who the property is listed with.  Thus, it does not matter how many listings I have under my name, since I can show and sell all listings.  I can share all of the positive and negative attributes about a property.  I can give my opinion about the price- whether it is over priced or a terrific value.

If a Buyer works with an Agent that has the listing, the Agent might be working as a Dual Agent where as the Agent works for both parties.  Or depending on the model which the Agency has set up, the Agent could be working for the Seller.

If I were a Buyer, I would would want someone working for me, exclusively.  I would not want to wonder whether an Agent is looking out for their own interest above my own.

Think about this long and hard prior to working with an Agent.  Be sure to know the facts and not the myths!

When looking to buy or sell your piece of Provincetown Real Estate or in the surrounding area, please call me at 508-487-6002 or e-mail me at Rick.Tourgee@Century21.com

I am an Accredited Buyer Representative (ABR) and a Seller Representative Specialist (SRS) with a successful track record servicing many Buyers and Sellers. I follow the Golden Rule and look out for my Clients needs above my own.

With prices for everything increasing, the stock market falling and economic uncertainty spreading, more and more of Cape Cod's senior citizens are looking to reverse mortgages as a source of income.

As financial pressures drive increased interest, however, homeowners considering a reverse mortgage should make sure they know exactly what they're getting — and who they are getting from, experts cautioned.

A reverse mortgage is, most simply, a type of loan that lets homeowners, generally 62 or older, trade their equity for income. With a reverse mortgage, a borrower can choose to receive regular monthly payments or open a line of credit. When the homeowner either moves or dies, the loan is paid back out of the proceeds of the property's sale.

Neither the borrower nor his or her heirs will ever have to pay back more than the value of the home. If the home sells for more than is owed, the borrower or the heirs keep the difference.

Due to a rising tide of foreclosure proceedings, a reverse mortgage can, in some cases, provide homeowners with enough money to stay in their houses.  In other cases, reverse mortgage funds can pay off an existing home loan, making more money available for basic needs.

Reverse mortgages, however, are not without their downside, experts clearly point out.  The fees for the loan can be very expensive.  Closing costs often range between $10,000 and $17,000 or higher. And monthly insurance and administrative fees can pile on even more cost.

These fees are not paid up front, but are rolled into the loan, and can eat up available equity faster than the borrower expects or realizes.

All of this makes me wonder whether reverse mortgages are part of the problem along with sub-prime loans.  We have been reading in the news media that sub-prime loans is part of the reason for the current financial problems.  Maybe they should also consider whether reverse mortgages should continue to be made due to falling values.

I could be all wrong since I am not a mortgage expert.  I would love to hear comments from mortgage people with their opinion.  Are reverse mortgages good for the borrower and the lender???

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When looking to buy or sell your piece of Provincetown Real Estate or in the surrounding area, please call me at 508-487-6002 or e-mail me at Rick.Tourgee@Century21.com

I am an Accredited Buyer Representative (ABR) and a Seller Representative Specialist (SRS) with a successful track record servicing many Buyers and Sellers. I follow the Golden Rule and look out for my Clients needs above my own.

I was chatting with a fellow Real Estate Agent this morning.  He brought up a very interesting idea about the $700 billion bailout package recently passed by Congress.  Think of this:  if you were to take that money and divide it equally to every adult in the USA, that would put about $500,000 in the pocket of every adult!! 

If this happened, can you imagine what would happen to the economy??  His thought is if the adults used the money to pay off their mortgages and spent the rest on cars, big screen TV's, etc., etc.........this would be a tremdous boost to the economy while funding the mortgage companies for these "poor performing assets" while creating tons of jobs, which would in turn create even more jobs as these people spent their income!!

Something to think about!!!!!!!

What are your thoughts??

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When looking to buy or sell your piece of Provincetown Real Estate or in the surrounding area, please call me at 508-487-6002 or e-mail me at Rick.Tourgee@Century21.com

I am an Accredited Buyer Representative (ABR) and a Seller Representative Specialist (SRS) with a successful track record servicing many Buyers and Sellers. I follow the Golden Rule and look out for my Clients needs above my own.