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MLS# 70950686 Single Family Home $770,000 Newton, 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
Newton, Massachusetts - 02466  ()
County:Middlesex County
Population: 82,585
Tax Rate: 9.7 (Tax Year 2008)
Town Profile:Town Profile for Newton, MA
Web Site:Town Website
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Listing Remarks
This is the property for you if you need space for an extended family, au-paire suite, or separate entrance home office. Open floor plan flows from livrm, fp, to dinrm w/glass doors, to spacious eat-in kit, 3 bdrms, bath, hrdwd floors. Lower level offers an over-sized family rm, kitchen, bath, laundry. Plus, 4 multi-use rms on 2 levels. Brick two-family features CA, central vac, alarm system, garage. Walk to T, bus, train, Williams School. See MLS #70950685, Multi-Fam.

Listing Information
MLS #: 70950686   Status: Active
List Price: $770,000
Style: Raised Ranch   Acres: .24
Lot Size: 10639 sqft.   Liv. Area: 3623 sqft.
 
Basement: Y   Garage: 1
Rooms: 12 Bedrooms: 6
Full Baths: 3
Half Baths: 0
Master Bath:
 
Room Information
  Room Level   Dimensions Features
  Living Room 2   16X15 Fireplace Hard Wood Floor
  Family Room 1   24X13
  Dining Room 2   16X10 Hard Wood Floor
  Kitchen 2   16X15 Ceiling Fans Ceramic Tile Floor
  Master Bedroom 2   12X10 Wall to Wall Carpet
  Bedroom 2 2   13X12 Hard Wood Floor
  Bedroom 3 2   12X10 Hard Wood Floor
  BED 2   18X12 Ceiling Fans Wall to Wall Carpet
  BED 2   14X13 Wall to Wall Carpet
  BED 1   16X10 Wall to Wall Carpet
  OFC 1   13X13 Wall to Wall Carpet
  KIT 1   17X10




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 Alice Kreider from RE/MAX First Realty, 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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