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MLS# 70649632 Single Family Home $5,800,000 Dedham, Massachusetts  

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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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Town Summary
Dedham, Massachusetts - 02026
County:Norfolk County
Population: 23,782
Tax Rate: 12.05 (Tax Year 2008)
Town Profile:Town Profile for Dedham, MA
Web Site:Town Website
School Research Dept. of Education  |  Independent Research
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Listing Remarks
Incredible offering! Jobs Island: over 15 acres of land in Precinct 1 with nearly one-half mile of water frontage on Motley's Pond and the Charles River. Completely private with a long drive under a canopy of trees. French Manor House, built in 1920 and superbly maintained. Over 8,000 square feet of living space with staff/guest quarters above the garage. Pool, tennis court. A true estate!

Listing Information
MLS #: 70649632   Status: Active
List Price: $5,800,000
Style: Other (See Remarks)   Acres: 15.80
Lot Size: 688248 sqft.   Liv. Area: 8391 sqft.
 
Basement: Y   Garage: 3
Rooms: 10 Bedrooms: 6
Full Baths: 6
Half Baths: 2
Master Bath:
 
Room Information
  Room Level   Dimensions Features
  Living Room 1   19X35 Fireplace Hard Wood Floor Balcony/Deck
  Family Room 1   18X38 Fireplace Hard Wood Floor Balcony/Deck
  Dining Room 1   17X20 Fireplace Hard Wood Floor
  Kitchen 1   13X18 Dining Area
  LAUNDRY 1   7X10
  Master Bedroom 2   19X21 Full Bath Fireplace Balcony/Deck
  Bedroom 2 2   14X18 Full Bath
  Bedroom 3 2   12X16 Full Bath
  Bedroom 4 2   13X17 Full Bath
  Bedroom 5 2   14X12
  LIB 1   14X17 Fireplace
  FOY 1   19X25 Fireplace
  OFC 2   9X15
  GRM B   17X29 Fireplace
  OTH 2   11X11
  OTH 2   7X11




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 Nicole Gagnon from Landvest.
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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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