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MLS# 70902136 Single Family Home $1,450,000 Hanover, 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
Hanover, Massachusetts - 02339
County:Plymouth County
Population: 11,912
Tax Rate: 10.61 (Tax Year 2008)
Town Profile:Town Profile for Hanover, MA
Web Site:Town Website
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Listing Remarks
Custom built Victorian; quality craftsmanship unlike any other. Solid 1 3/4" mahogany & oak doors. Mahogany, oak, Brazillian cherry & Honduran Rosewood flooring throughtout. Rich paneling, parquet flooring and custom window & door casings. All bedrooms feature private baths. Third floor has 3 addtional rooms & bath. Home theater. Viessman boiler; radiant heating first & second floor & lower level; hot air heat third floor.

Listing Information
MLS #: 70902136   Status: Active
List Price: $1,450,000
Style: Victorian   Acres: 5.35
Lot Size: 233045 sqft.   Liv. Area: 6000 sqft.
 
Basement: Y   Garage: 2
Rooms: 13 Bedrooms: 4
Full Baths: 5
Half Baths: 2
Master Bath: Y
 
Room Information
  Room Level   Dimensions Features
  Living Room 1   14X21 Fireplace Hard Wood Floor
  Family Room 1   14X17 Hard Wood Floor
  Dining Room 1   15X16 Hard Wood Floor
  Kitchen 1   21X18 Fireplace Skylight Hard Wood Floor Ceramic Tile Floor Dining Area
  Master Bedroom 2   15X20 Fireplace Walk-in Closet Hard Wood Floor
  Bedroom 2 2   17X13 Ceiling Fans Walk-in Closet Hard Wood Floor
  Bedroom 3 2   15X15 Hard Wood Floor
  Bedroom 4 2   14X18 Ceiling Fans Walk-in Closet Hard Wood Floor
  SIT 2   16X12 Hard Wood Floor
  GRM 3   20X15 Hard Wood Floor
  MED B   12X18 Wall to Wall Carpet
  EXC 3   15X9 Hard Wood Floor
  OFC 3   14X14 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 Paul Jevne from Coldwell Banker Residential Brokerage - Norwell.
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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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