Tag Archives: McGeough Lamacchia

The real estate professionals at McGeough Lamacchia Realty have been proponents of short sales for quite some time, insisting that everyone comes out ahead when a short sale is achieved as opposed to a foreclosure. Now they're sharing the facts that back up their claim: On average a home sold through short sale brings a 24 percent greater return than a foreclosed property. The firm reviewed prices for short sale and foreclosure sale properties in 2010 and 2011 in Boston, Phoenix, Tuscon, Southern California, and Southwest Florida.

John McGeough and Anthony Lamacchia, founders of McGeough Lamacchia Realty Inc. traveled to Washington, D.C., last week to educate policy makers on the benefits of short sales. McGeough Lamacchia Realty is a full-service real estate firm in Waltham, Massachusetts, specializing in short sales. The company's two principals conducted meetings with officials at Capitol Hill, the FDIC, the U.S. Treasury, and the National Association of Realtors.

McGeough Lamacchia, a real estate agency headquartered in Waltham, Massachusetts, recently extended its services to include the Rhode Island market. Specializing in short sales, the agency says it hopes to expand into additional markets across New England. According to a statement from the company, it has successfully completed more short sale transactions than any other real estate firm in Massachusetts and currently holds a number one MLS ranking in short sales.