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MLS# 70912185 Single Family Home $969,900 Lexington, 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
Lexington, Massachusetts - 02421
County:Middlesex County
Population: 28,974
Tax Rate: 12.52 (Tax Year 2008)
Town Profile:Town Profile for Lexington, MA
Web Site:Town Website
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Listing Remarks
Available for short term rental @ $4750/mo If you love dramatic design this is your home! Custom plan by renowned architect Claude H. Miquelle features balconies, curved staircase, vaulted ceilings, generous foyers, 2 master BR options and above all a perfect relationship to the land from the living area. 2004 renovations include new heating system, new a/c, new roof, gutters, 2nd floor bath and acoustically enhanced suite of bedrooms. Pond, waterfall, brick patio, gardens +private yard.

Listing Information
MLS #: 70912185   Status: Active
List Price: $969,900
Style: Tudor   Acres: .36
Lot Size: 15936 sqft.   Liv. Area: 3310 sqft.
 
Basement: Y   Garage: 2
Rooms: 10 Bedrooms: 4
Full Baths: 2
Half Baths: 1
Master Bath: Y
 
Room Information
  Room Level   Dimensions Features
  Living Room 1   24X17 Fireplace Cathedral Ceils Hard Wood Floor Balcony/Deck
  Family Room 2   16X15 Hard Wood Floor
  Dining Room 1   16X15 Ceramic Tile Floor
  Kitchen 1   16X14 Hard Wood Floor
  Bath 1 1   10X8 Ceramic Tile Floor
  Bath 2 2   14X7 Granite/Solid Counters
  Bath 3 1   8X7 Half Bath
  Master Bedroom 1   17X13 Full Bath Wall to Wall Carpet
  Bedroom 2 2   16X13 Hard Wood Floor Balcony/Deck
  Bedroom 3 2   13X13 Hard Wood Floor
  Bedroom 4 2   16X10 Skylight
  B   32X17 Fireplace
  1   17X13 Wall to Wall Carpet
  1   17X8 Skylight Ceramic Tile Floor
  B   16X9 Cedar Closet
  2   6X6 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 Jean Winchester from Hammond Residential.
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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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