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MLS# 70866598 Single Family Home $2,695,000 Weston, 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
Weston, Massachusetts - 02493
County:Middlesex County
Population: 10,200
Tax Rate: 10.67 (Tax Year 2008)
Town Profile:Town Profile for Weston, MA
Web Site:Town Website
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Listing Remarks
Introducing a stunning Shingle Style estate offered by an acclaimed New England architect/builder team. This special new construction is situated in an estate neighborhood near Wellesley. The elegant 5 bedroom design encompasses picturesque pond views and includes a fabulous walk-out lower level, porch and gracious entertaining rooms. The beautiful appointments are timeless with a contemporary edge. Construction to begin 3/09. Available as land/approved building plans - See MLS #70866602.

Listing Information
MLS #: 70866598   Status: Active
List Price: $2,695,000
Style: Other (See Remarks)   Acres: 1.89
Lot Size: 82651 sqft.   Liv. Area: 7694 sqft.
 
Basement: Y   Garage: 3
Rooms: 14 Bedrooms: 5
Full Baths: 5
Half Baths: 2
Master Bath: Y
 
Room Information
  Room Level   Dimensions Features
  Living Room 1   17X22 Fireplace
  Family Room 1   20X22 Fireplace
  Dining Room 1   14X17
  Kitchen 1   16X21
  LAUNDRY 2   8X9
  Master Bedroom 2   17X21 Full Bath Fireplace Walk-in Closet
  Bedroom 2 2   13X15 Full Bath
  Bedroom 3 2   14X14 Full Bath
  Bedroom 4 2   11X12 Full Bath
  Bedroom 5 1   12X14
  LIB 1   15X16
  OTH 1   14X16
  EXC B   14X16
  PLY B   17X21
  OFC B   15X16




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 Amy Mizner from Coldwell Banker Residential Brokerage - Weston.
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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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