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JPFCO

JPFCO REAL ESTATE BUZZ

May 15, 2010       Issue: 159

J Pepper Frazier Company
The Nantucket Lightship LV-112, the largest lightship ever built, made her way back to Massachusetts waters Tuesday after spending nearly a decade in New York. The United States Lightship Museum, acquired the vessel for $1 last October and plans to permanently moor her in East Boston to serve as a museum.
 
 New Listings VIEW ALL

Jul 26, 2017

Cliff
$5,975,000

Jul 26, 2017

Middle Moors
$1,995,000
 
 Recently Sold VIEW ALL 

Jun 22, 2017

Mid Island
$930,000

Jun 26, 2017

Town
$5,585,000

Jun 26, 2017

Cliff
$2,450,000

Jun 16, 2017

South of Town
$325,250
 

ISLAND HAPPENINGS
Nantucket Wine Festival: May 19th - May 23rd

This celebrated and prestigious wine and food event is situated in the heart of downtown Nantucket and attended by world-renowned winemakers, chefs, and celebrities. This is the 14th yearly celebration, and highlights of the festival include: The 200th anniversary celebration of Veuve Clicquot’s vintage Champagne release featuring Veuve Clicquot’s winemaker, A Grand Tasting event, Great Wines in Grand Houses, Wine & Food Seminars, Luncheon Symposia, a Harbor Gala, and Celebrity Chef & Winemaker Auction Dinner. Tickets are available for each event and can be purchased via the link below.
  Nantucket Wine Festival 
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REAL ESTATE BUZZ
  Hot Sales Pick: Great Value for Under $600K!

Spacious Gambrel style house in great condition on a quarter acre with pristine landscaping. The property offers 3 bedrooms, 3.5 baths, multiple living areas, including private outdoor space and a finished basement. Listed at $559,000.
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RENTAL BUZZ
  Value of a Rental Agent Part Two: Owner Perspective

It may seem like a more cost-effective solution to use a rent-it-yourself website, but following are a few reasons that Rental Agents are worth their commissions. Agents find you tenants that they have often worked with for years, and that you can trust to stay in your home. Agencies have advertising budgets with far reaching internet keywords and on-line presence, that directly increases traffic into your rental house. They explain your house layout and amenities, take extra photos, negotiate lease rates, dates, create and follow-up on leases, and late payments. There is no worry of fraudulent checks or Tenants when dealing with an Agency. The Owner's responsibilities are limited to receiving and cashing the funds, keeping track of the calendar, booking the cleaning company and maintaining the property. Agents assist Tenants with everything from ferry reservations to babysitter suggestions, they coordinate with caretakers to deal with any problems that a Tenant may encounter during their stay. In summary, the Agents manage most of the details so the Owners can relax and feel comfortable renting their property.
 
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NANTUCKET REAL ESTATE NEWSWIRE
 

NOTES FROM PEPPER THE ELDER
  Where to Invest?

The stock market is about as reliable as J.D. Drew with two outs in the ninth. Unionism has reared its ugly head and is destroying Europe and beyond. What to do? Here I go again. Tangibles. Gold, rare coins, silver. platinum, autographed pictures of Don Ameche, etc. And, of course, quality real estate. Much to my surprise, one of the biggies, General Growth Properties, returned to profitability, and that's a good thing. Also, start going to auctions. There can be some incredible deals. The boys and I picked five lots in North Port FL two weeks ago and they have quadrupled in value, mainly because the Swiss and French are gobbling up everything they can get their mitts on. Happy Whitsunday.
 
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