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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| Link to this page: |
http://www.HomesForSaleinMA.com/propertydetail.cfm?mls=70998862
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Town Summary
| Belmont, Massachusetts - 02478 |
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| Listing Remarks |
| This 1945 Colonial with deceivingly modest exterior goes on forever. Behind the formal living room with fireplace is a huge family room, also with a fireplace. The large kitchen has long breakfast bar and sitting area with French doors onto the back deck and yard. There is a large wood paneled library with coffered ceilings, gas fireplace and French doors to the deck and yard. There are 4 spacious bedrooms, 2.5 baths and a playroom in the lower level. This listing is Entry Only |
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| Listing Information |
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| MLS #: |
70998862 |
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Status: |
Active
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| List Price: |
$959,000 |
| Style: |
Garrison
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|
Acres: |
.23 |
| Lot Size: |
10000 sqft. |
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Liv. Area: |
3118 sqft. |
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| Basement: |
Y |
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Garage: |
2 |
| Rooms: |
9 |
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Bedrooms: |
4 |
| Full Baths: |
2 |
| Half Baths: |
1 |
| Master Bath: |
Y |
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| Room Information |
| Room |
Level |
|
Dimensions |
Features |
| Living Room |
1 |
|
19X12 |
Fireplace
Hard Wood Floor
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| Family Room |
1 |
|
24X19 |
Fireplace
Wall to Wall Carpet
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| Dining Room |
1 |
|
12X11 |
Hard Wood Floor
Wall to Wall Carpet
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| Kitchen |
1 |
|
24X20 |
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| Master Bedroom |
2 |
|
19X12 |
Hard Wood Floor
Wall to Wall Carpet
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| Bedroom 2 |
2 |
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14X13 |
Hard Wood Floor
Wall to Wall Carpet
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| Bedroom 3 |
2 |
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13X10 |
Hard Wood Floor
Wall to Wall Carpet
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| Bedroom 4 |
2 |
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13X9 |
Hard Wood Floor
Wall to Wall Carpet
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| LIB |
1 |
|
23X18 |
Fireplace
Hard Wood Floor
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| PLY |
B |
|
23X12 |
Wall to Wall Carpet
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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 Elizabeth Dynan from Seaport Realty Group.
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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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