Pipeline 1, home sales 0

“The last communication that a real estate agent wants to get is cancellation of a sale.

The transaction should have been a done deal. Realtor Paul Nicoli worked with a Townsend client who wanted to move within town. The seller wanted to sell the home.

An offer was made and accepted.

Then withdrawn.

Niles Busler, co-owner of KKing 11/6/14 I think this spelling of Squanacook is wrong Squanicook Associates Real Estate, where Nicoli works, gave him the bad news.

“I regret to inform you that Mark and I are going to have to withdraw our offer to purchase 94 New Fitchburg Road. We have recently learned that the pipeline is planned for installation in the conservation area behind that house. While we know that this is not a definite, we just cannot take that risk.”

The three-bedroom house abutting a state park was set at $388,400. The original asking price was $389,999.

The proposed high-pressure, natural gas pipeline is affecting home values, Nicoli said.”

read the entire article

O’Connor, Anne. Nashoba Publishing 18 November 2014.