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MLS# 70911221 Single Family Home $774,000 Stow, 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
Stow, Massachusetts - 01775
County:Middlesex County
Population: 5,328
Tax Rate: 14.73 (Tax Year 2008)
Town Profile:Town Profile for Stow, MA
Web Site:Town Website
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Listing Remarks
This 5 yr. young reproduction colonial is nestled on a 2 acre wooded cul-de-sac close to commuter routes and rail. This beautiful home has it all: front and back staircases, 2nd floor bonus room, hardwood floors throughout, granite kitchen and baths, stainless steel appliances, walk-up attic, walk-out basement and five-bedroom septic design. Enjoy the views from the 3-season porch, deck, patio. Enormous flat level yard for your own Field of Dreams. Privacy and a neighborhood all in one.

Listing Information
MLS #: 70911221   Status: Active
List Price: $774,000
Style: Colonial   Acres: 2.03
Lot Size: 88496 sqft.   Liv. Area: 3875 sqft.
 
Basement: Y   Garage: 3
Rooms: 10 Bedrooms: 4
Full Baths: 2
Half Baths: 1
Master Bath: Y
 
Room Information
  Room Level   Dimensions Features
  Living Room 1   24X14 Fireplace Hard Wood Floor
  Family Room 1   24X14 Hard Wood Floor
  Dining Room 1   15X12 Hard Wood Floor
  Kitchen 1   18X14 Hard Wood Floor Granite/Solid Counters
  Master Bedroom 2   24X14 Walk-in Closet Hard Wood Floor
  Bedroom 2 2   15X12 Hard Wood Floor
  Bedroom 3 2   15X12 Hard Wood Floor
  Bedroom 4 2   19X14 Hard Wood Floor
  OFC 1   14X12 Hard Wood Floor
  GRT 2   24X22 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 Cat Lathrop Strahan from Coldwell Banker Residential Brokerage - Sudbury.
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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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