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Peaceful Year Round Getaway on Stream

$120,000

Photo of 90 Ledgewood Lane, Gardiner, ME, 04345.

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Exterior Front : Front of the cottage, facing the Cobbossee Stream.

Address: 90 Ledgewood Lane	City/ST: Gardiner, ME	Zip Code: 04345
Property Type: Single Family Home	New or Resale: Resale	Square Footage: 784
Bedrooms: 2	Bathrooms: 0 full, 1 3/4 baths	MLS# 982121
Property Tax: 1538

There are many possibilities with this peaceful year round getaway on Cobbosee Stream! On 4 acres, this 2 bedroom home offers a spacious front lawn, desirable frontage & 2nd floor expansion possibilities. Hours of water fun literally out the front door!

Last Updated: 7/2/2010 11:24:44 AM

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Financing Your Home >Financial Help

Escalating home prices often cause many first-time buyers to seek help from their families for the down payment on a new home. If your parents are providing financial assistance for the purchase of a home, it is important that you have very clear agreements with them about the conditions under which their help will be provided.

Sit down with your parents to discuss the details of the arrangement. Is the money they are providing a gift or a loan? If it is a gift, be sure to check with your tax expert to minimize the tax implications. If your parents are loaning the money for the down payment, how will it be paid back? Will there be joint ownership with an equity-sharing agreement? Will your parents be named on the ownership papers with you? Are special documents needed?

Whatever form it takes, parents who help their children buy a home give them an incredible gift!

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Q	What city boasts eight of the world's ten biggest hotels?
A	Las Vegas has eight of the largest resort hotels; the latest and most extravagant is the $2.7 billion, 2,716-room Wynn Las Vegas.
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Brady Palmer, REALTOR�, real estate agent and broker for Augusta, Mid Coast, Central Maine and Brunswick, Maine home listings, property and land for sale - NUMBER1EXPERT

Brady Palmer
Brady Palmer Real Estate
122 Brunswick Ave
Gardiner, ME 04345
207-582-0800
Fax: 207-582-0808
bradypalmer@NUMBER1EXPERT.com

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