Real Estate Resources
Links to help Buyers and Sellers on Martha’s Vineyard
Links to help Buyers and Sellers on Martha’s Vineyard
How much can I afford.
This mortgage calculator can provide an estimate of the amount you can barrow. You should contact a mortgage finance company to get a more accurate amount. Today, many sellers require at least a Pre-approval letter from a financial institution before accepting an offer. Mortgage Calculator.
2018 Property Tax Rates – Property tax on Martha’s Vineyard varies by town. Below are the latest residential property tax rates for 2017. If would like more information about real estate on Martha’s Vineyard or have a question on property tax, our team of knowledgeable professionals can help you with all of your buying or selling needs on the island. If you are ready to begin the buying process, let us know.
Aquinnah: $5.48; Chilmark: $2.75; Edgartown: $3.87; Oak Bluffs: $7.83; Tisbury: $9.41; West Tisbury: $6.06
Breakdown of Real Estate Activities on the Island.
Keep yourself up-to-date with the current real estate market trends in Martha’s Vineyard.
How is the Real Estate Market doing? Here are the numbers to determine what properties have sold or which Town is experiencing the most growth and what are the average home prices selling for? These reports provide an in depth analysis of happening within the Martha’s Vineyard Real Estate market.
2018 Year End Review
First Quarter 2018 – Martha’s Vineyard Quarterly Sales Report
Second Quarter 2018 – Martha’s Vineyard Quarterly Sales Report
Third Quarter – 2018
Fourth Quarter – 2018
2017 – Martha’s Vineyard Annual Sales Summary
First Quarter 2017 – Martha’s Vineyard Quarterly Sales Summary
Second Quarter 2017 – Martha’s Vineyard Quarterly Sales Summary
Third Quarter 2017 – Martha’s Vineyard Quarterly Sales Summary
Fourth Quarter 2017 – Martha’s Vineyard Quarterly Sales Summary
Where can I get financial information?
The best way to determine how much you can barrow if to work with a financial institute. We have found working with local banks and mortgage companies offer competitive rates and terms. They are also knowledgeable with the local rules and regulations and the unique issues that the second home market often arise. Below is a list of local banks and mortgage institutions.
Cape Cod Five – www.capecodfive.com
508 693-4815
Martha’s Vineyard Savings Bank – www.mvbank.com
508 627-4266
Rockland Trust – www.yourislandbank.com
508.696.0974
Santander Bank – www.santanderbank.com
877 768-2265
Helpful information to help our clients make informed decisions.
If you are thinking of selling or are planning to buy, find the information you need to begin your process. You can get in touch with us directly if you have any questions.
Home Inspections – When buying a house, the home inspection is an important part of the process. It’s kind of like taking a peek under the hood of a used car before buying it; you want to ensure that everything is in working order so you don’t drive off the lot with a lemon. The same goes for buying a home. The last thing any buyer wants is to close on a home only to encounter unseen issues upon moving in. Click here for more information about Home Inspections.
Lead Paint – Under Massachusetts and federal law, owners and real estate agents must comply with Property Transfer Lead Paint Notification requirements when a prospective buyer or tenant with an option to buy is about to purchase a home built before 1978.
The aim of this requirement is to inform prospective buyers about: The danger lead paint poses to children and adults; Lead poisoning prevention steps; and The requirements of the Lead Law. Click here for more information about Lead Paint.
Mold – This fact sheet provides information regarding health concerns related to mold exposure. It also provides general guidelines about mold detection, cleanup, and removal of mold contaminated materials. Click here for more information about Mold.
Types of Agency – It’s required by State Law that a Real Estate agent must disclose who they of representing by having a client or customer sign a Agency Disclosure Form on the first face to face meeting when discussing a specific property. Click here for more information about Type of Agency.
Wetlands/Flood Zones – If you as a buyer has any concerns about whether a property is within a flood zone or wetland, we advise you to seek the opinion of a Certified Engineer. Even if it doesn’t look like you are near a wetlands or Flood Plain, problems can still arise without a professional opinion. Click here to download local FEMA Maps.
Martha’s Vineyard Real Estate
31 North Summer Street
PO Box 5096
Edgartown, MA 02539
Tel: 508-627-7890
Fax: 508-627-4976
Today, Martha’s Vineyard Real Estate has a well-deserved reputation for integrity, commitment and a strong working knowledge of the island’s real estate community.
Unlike the larger agencies that often can treat a sale as just another transaction, Joan and Skip have chose to keep the agency small in order to provide individual attention with each and every client.