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MLS# 70899344 Single Family Home $595,000 Hopkinton, 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
Hopkinton, Massachusetts - 01748
County:Middlesex County
Population: 9,191
Tax Rate: 14.15 (Tax Year 2008)
Town Profile:Town Profile for Hopkinton, MA
Web Site:Town Website
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Listing Remarks
Kitchen space GALORE replete w/ abundant cherry cabinetry & endless counter-space including an 11' island. Adjacent step-down family room has propane fireplace, hardwood floors, vaulted ceiling, dual skylites, & access to deck. Lower level offers a kitchenette of its own, den w/slider to patio, spare room, full bath, & exercise space. Outdoor living areas are multiple & elaborate: deck, mezzanine, patio, hot tub deck, plus yard and privacy in great neighborhood setting convenient to all.

Listing Information
MLS #: 70899344   Status: Active
List Price: $595,000
Style: Colonial   Acres: .92
Lot Size: 39866 sqft.   Liv. Area: 3671 sqft.
 
Basement: Y   Garage: 2
Rooms: 12 Bedrooms: 4
Full Baths: 3
Half Baths: 1
Master Bath: Y
 
Room Information
  Room Level   Dimensions Features
  Family Room 1   18X15 Fireplace Skylight Cathedral Ceils Ceiling Fans Hard Wood Floor Balcony/Deck
  Dining Room 1   17X12 Hard Wood Floor Bay/Bow Windows
  Kitchen 1   32X14 Ceramic Tile Floor Dining Area Pantry
  Master Bedroom 2   17X12 Full Bath Walk-in Closet Wall to Wall Carpet
  Bedroom 2 2   14X12 Wall to Wall Carpet
  Bedroom 3 2   12X12 Wall to Wall Carpet
  Bedroom 4 2   12X11 Wall to Wall Carpet
  OFC 1   12X11 Wall to Wall Carpet
  KIT B   21X11 Ceramic Tile Floor Pantry
  GRM B   15X15 Ceiling Fans Wall to Wall Carpet
  EXC B   19X13 Wall to Wall Carpet
  OTH B   16X11 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 Kathleen Buckley from STAR REALTY Hopkinton.
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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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