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MLS# 70926097 Single Family Home $1,795,000 Concord, 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
Concord, Massachusetts - 01742
County:Middlesex County
Population: 17,076
Tax Rate: 10.56 (Tax Year 2007)
Town Profile:Town Profile for Concord, MA
Web Site:Town Website
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Listing Remarks
A family retreat overlooking conservation/wildlife refuge. Amazing exterior entertainment terrace w/views. Bluestone, fieldstone walls, outdoor fireplace and professional DCS grill/smoker. New England vernacular/three car garage. True gourmet kitchen fully equipped, superb pantry, Brazilian cherry floors, 8 zone audio, breathtaking vaulted family room w/ two story stone fireplace. Masterfully designed floor plan. Unique craftsmanship of staircase. No materials were too valuable to use!

Listing Information
MLS #: 70926097   Status: Active
List Price: $1,795,000
Style: Colonial   Acres: .81
Lot Size: 35284 sqft.   Liv. Area: 5700 sqft.
 
Basement: Y   Garage: 3
Rooms: 10 Bedrooms: 4
Full Baths: 3
Half Baths: 1
Master Bath: Y
 
Room Information
  Room Level   Dimensions Features
  Family Room 1   18X22
  Dining Room 1   13X16
  Kitchen 1   16X17 Granite/Solid Counters
  LAUNDRY 2   8X7
  Bath 1 1   5X9 Full Bath
  Bath 2 2   11X10 Full Bath
  Bath 3 2   17X16 Full Bath
  Master Bedroom 2   23X16
  Bedroom 2 2   17X12
  Bedroom 3 2   13X16
  Bedroom 4 2   12X14
  OFC 1   12X14
  BTH 3   5X6 Half Bath
  GRM 3   39X21
  OTH 1   16X14
  FOY 1   13X10
  MUD 1   21X17




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 Zur Attias from J M Barrett & Co., Inc..
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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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