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MLS# 70920415 Single Family Home $1,600,000 Groton, 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
Groton, Massachusetts - 01450
County:Middlesex County
Population: 7,511
Tax Rate: 13.87 (Tax Year 2008)
Town Profile:Town Profile for Groton, MA
Web Site:Town Website
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Listing Remarks
Working Horse Farm. Beautifully sited on 17 acres of mostly open fields. Gracious 1900 home with attached 1800 7 room farmhouse. Extensive equestrian facilities with two barns includes 30 stalls, 75x150 indoor arena with lg windows that open, 100x200 outdoor arena, indoor and outdoor wash stalls, heated observation room & 2-3 tack rooms. Lofts for hay storage.Multiple paddocks and pastures. Abuts the rail trail. More land available!

Listing Information
MLS #: 70920415   Status: Active
List Price: $1,600,000
Style: Colonial Antique Farmhouse   Acres: 17.00
Lot Size: 740520 sqft.   Liv. Area: 4679 sqft.
 
Basement: Y   Garage: 4
Rooms: 10 Bedrooms: 4
Full Baths: 4
Half Baths: 2
Master Bath: Y
 
Room Information
  Room Level   Dimensions Features
  Living Room 1   24X16 Fireplace Hard Wood Floor
  Dining Room 1   16X16 Fireplace Hard Wood Floor
  Kitchen 1   17X14 Wood/Coal Stove
  Master Bedroom 2   16X14 Full Bath Fireplace
  Bedroom 2 2   15X13
  Bedroom 3 2   14X12
  Bedroom 4 2   13X12
  DEN 1   11X11
  OFC 1   10X12
  SIT 1   10X11




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 Genevieve Brockway from Keller Williams Realty Boston North West.
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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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