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MLS# 70951789 Single Family Home $650,000 Medway, 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
Medway, Massachusetts - 02053
County:Norfolk County
Population: 9,931
Tax Rate: 14.06 (Tax Year 2008)
Town Profile:Town Profile for Medway, MA
Web Site:Town Website
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View Map Of Town:Google Maps
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Listing Remarks
Fabulous price for this size home! Exquisite contemp colonial, built by "Unique Homes" quality construction w/detailed design & craftsmanship. Great floor plan. Abundant custom cabinets by "Dodd Kitchens" w/gorgeous granite counters & walk-in pantry. Luxurious master w/fireplace & spa like bathroom. 3rd fl.walk-up w/skylights used as office, could be ffantastic media room or teen suite. Wonderful opportunity to live in one of the areas most sought after neighborhoods.

Listing Information
MLS #: 70951789   Status: Active
List Price: $650,000
Style: Colonial Contemporary   Acres: 1.01
Lot Size: 43996 sqft.   Liv. Area: 3628 sqft.
 
Basement: Y   Garage: 2
Rooms: 9 Bedrooms: 4
Full Baths: 2
Half Baths: 1
Master Bath: Y
 
Room Information
  Room Level   Dimensions Features
  Living Room 1   15X17 Hard Wood Floor Bay/Bow Windows
  Family Room 1   16X17 Fireplace Hard Wood Floor Balcony/Deck
  Dining Room 1   16X16 Hard Wood Floor
  Kitchen 1   14X21 Hard Wood Floor Pantry Granite/Solid Counters
  Master Bedroom 2   17X19 Full Bath Fireplace Ceiling Fans Walk-in Closet Wall to Wall Carpet
  Bedroom 2 2   15X16 Walk-in Closet Cedar Closet Wall to Wall Carpet
  Bedroom 3 2   15X16 Walk-in Closet Wall to Wall Carpet
  Bedroom 4 2   13X14 Cathedral Ceils Wall to Wall Carpet
  OFC 3   20X22 Skylight Wall to Wall Carpet




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 Maria Varrichione from RE/MAX Executive Realty.
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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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