There’s a reason why one of Maine’s mottos is “The Way Life Should Be.” Mostly rural in landscape, Maine is also known as the Pine Tree State thanks to its pristine wilderness that covers nearly 90% of the state, as well as a picturesque rocky coastline that stretches along the North Atlantic Ocean. An outdoor lover’s paradise, Maine is famous for its vast array of recreational opportunities both on land and at sea. Its tourism industry is strong year round, thanks to the 2,700 lakes and ponds and more than 700 mountains that are over 1,000-feet high.
A relatively low cost of living coupled with safe communities and good schools draws people from throughout the country to plant their roots and purchase homes in Maine. If you’re thinking of joining the legions of folks who’ve already discovered that Maine is the place to be, make sure you understand the assistance and educational material available on Maine mortgages. The state also offers abundant tax incentives and refunds for homeowners.
Average median property taxes paid on homes
Ranked 12th lowest in US as of December, 2016
Average property taxes as a % of median income
The midway point of all homes sold at market price
"The Blue Water team went above and beyond what was expected to meet our closing demands for our recent home purchase. Our broker was willing to come to my work, our apartment, and provided multiple phone calls and numerous emails to assist with the closing. He was knowledgable and very kind during the entire process. "