Foreclosures
The problems in the sub prime lending area have led to a high amount of foreclosures. If a house has been through
the foreclosure process then the lending bank takes ownership of the property. When looking to buy a foreclosure
the process can take a little longer than purchasing a typical property. This is because banks are not set up to
sell properties and they can be slow. In addition when purchasing a foreclosure the banks typically want you to sign
various legal documents to protect them from liablity if there is something wrong with the house. Like buying any
property you should have a home inspection and be wary of any problems. If you do your homework buying a foreclosure
can be a great investment.
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| Scituate, Massachusetts - 02066 |
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| Listing Information |
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| MLS #: |
70841053 |
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Status: |
Active
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| List Price: |
$377,400 |
| Type: |
2 Family
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|
Units: |
2 |
| Lot Size: |
34979 sqft. |
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Acres: |
.80 |
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| Floors: |
3 |
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Liv. Area: |
1904 sqft. |
| Basement: |
Y |
| Garage: |
0 | |
Parking: |
6 |
| Rooms: |
8 |
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Bedrooms: |
3 |
| Full Baths: |
2 |
| Half Baths: |
0 |
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| Listing Remarks |
| Conv. loc. on beautiful Greenbush reservoir & near new train station.Large lot.1st floor LR 12x20,BR 10x19,Kit 10x14,Den 6x7... 2nd floor LR 14x20 (currently divided temp. wall, BR 10x19,Kit 8x14,mudroom 6x10,Loft on 3rd floor 12x16. Extra shared storage on 3rd floor. 30 day tenants at will.Sep. utilities.Oil heat. Good rental history.....See broker re: 2nd floor monthly rent...1st floor now vacant...Buyer to assume sewer betterment.Attention 1st time Buyers - Stimulus package...... |
The information in this listing was gathered from third party resources including the seller
and public records. MLS Property Information Network, Inc. and its subscribers disclaim any
and all representations or warranties as to the accuracy of this information. Content © 2005
MLS Property Information Network, Inc.
This listing is courtesy of Penny O Brien from Coldwell Banker Residential Brokerage - Cohasset.
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Mortgage Pre Approval and Your Credit
The first step when looking for a home is to get pre-approved for a mortgage. The seller of a property
wants to know that you are approved for a mortgage and that you can indeed afford the property. There
are various mortgage programs available to you. Your credit score or FICO score will greatly affect the
type of home loan you are able to receive. If you have bad credit you will pay a higher rate. There are
ways to improve your credit score that you should consider as this can save you thousands of dollars in
interest over the course of a loan. There are also ways to repair bad credit and small things you can do to improve
your credit score in a short time. As many Americans have discovered a Fixed rate mortgage is much easier to
manage than an Ajustable Rate Mortgage.
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