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MLS# 70853878 Single Family Home $1,048,000 Needham, 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
Needham, Massachusetts - 02492
County:Norfolk County
Population: 27,557
Tax Rate: 9.7 (Tax Year 2008)
Town Profile:Town Profile for Needham, MA
Web Site:Town Website
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View Map Of Town:Google Maps
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Listing Remarks
New home - Just completed - Can close quickly! Designed & constructed by top quality local builder w/ meticulous attention to detail. Portico & Farmers Porch Entrance to 3,200 sq.ft. 10 Room, 4 Bedroom, 2 1/2 Bath Colonial, 2 Car Garage. Raised Panel Cherry Cabinet/Granite Kitchen. Gas Fireplace Family Room, Living Room w/ walkout bay. Tuscan columned Dining Room. Ceilings-9' first floor. Arched Entrances, Pocket doors, Hardwood & Tile floors thru-out, Rough Bath in Basement, Gas Heat.

Listing Information
MLS #: 70853878   Status: Active
List Price: $1,048,000
Style: Colonial   Acres: .24
Lot Size: 10681 sqft.   Liv. Area: 3195 sqft.
 
Basement: Y   Garage: 2
Rooms: 10 Bedrooms: 4
Full Baths: 2
Half Baths: 1
Master Bath: Y
 
Room Information
  Room Level   Dimensions Features
  Living Room 1   16X14 Hard Wood Floor Bay/Bow Windows
  Family Room 1   22X16 Fireplace Hard Wood Floor
  Dining Room 1   14X13 Hard Wood Floor
  Kitchen 1   26X16 Hard Wood Floor
  LAUNDRY 2   16X7 Ceramic Tile Floor
  Bath 1 1   8X4 Half Bath Ceramic Tile Floor
  Bath 2 2   13X12 Full Bath Ceramic Tile Floor
  Bath 3 2   12X6 Full Bath Ceramic Tile Floor
  Master Bedroom 2   24X21 Walk-in Closet Hard Wood Floor
  Bedroom 2 2   16X13 Hard Wood Floor
  Bedroom 3 2   16X14 Hard Wood Floor
  Bedroom 4 2   16X14 Hard Wood Floor
  FOY 1   16X12 Hard Wood Floor
  OFC 2   12X10 Hard Wood Floor
  MUD 1   10X8 Hard Wood Floor




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 James Riley from Cross Real Estate .
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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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