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MLS# 70888428 Single Family Home $7,800,000 Dover, 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
Dover, Massachusetts - 02030
County:Norfolk County
Population: 4,915
Tax Rate: 9.75 (Tax Year 2008)
Town Profile:Town Profile for Dover, MA
Web Site:Town Website
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Listing Remarks
This custom construction residence features superior quality materials and the finest craftsmanship throughout. The home has been designed to provide both formal entertainment and informal family living spaces. There are six bedrooms including an expansive master suite. The residence is sited on 4 private acres with exceptional landscaping and heated driveway. A swimming pool, sunken tennis court and a four-car attached garage complete this offering.

Listing Information
MLS #: 70888428   Status: Active
List Price: $7,800,000
Style: Other (See Remarks)   Acres: 4.00
Lot Size: 174232 sqft.   Liv. Area: 10814 sqft.
 
Basement: Y   Garage: 4
Rooms: 22 Bedrooms: 6
Full Baths: 6
Half Baths: 2
Master Bath:
 
Room Information
  Room Level   Dimensions Features
  Living Room 1   15X23 Fireplace Hard Wood Floor
  Family Room 1   19X29 Fireplace Cathedral Ceils Hard Wood Floor Bay/Bow Windows
  Dining Room 1   17X21 Fireplace Hard Wood Floor
  Kitchen 1   18X21 Hard Wood Floor Bay/Bow Windows Dining Area
  Bath 1 2   7X19 Full Bath Linen Closet
  Master Bedroom 2   16X21 Full Bath Half Bath Cathedral Ceils Walk-in Closet Hard Wood Floor Balcony/Deck
  Bedroom 2 2   13X17 Walk-in Closet Wall to Wall Carpet
  Bedroom 3 2   13X17 Walk-in Closet Wall to Wall Carpet
  Bedroom 4 2   15X23 Full Bath Cathedral Ceils Walk-in Closet Hard Wood Floor
  Bedroom 5 2   12X15 Full Bath Walk-in Closet Hard Wood Floor
  LIB 1   16X17 Fireplace Hard Wood Floor
  DEN 1   12X20 Hard Wood Floor
  EXC 1   19X31 Full Bath Cathedral Ceils Bay/Bow Windows Steam/Sauna
  GRM 2   21X24 Hard Wood Floor
  MED 2   17X23 Hard Wood Floor
  BED 3   17X21 Full Bath Wall to Wall Carpet




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 Jonathan Radford from Coldwell Banker Residential Brokerage - Boston - Newbury St..
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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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