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MLS# 70953218 Single Family Home $465,000 Berkley, 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
Berkley, Massachusetts - 02779
County:Bristol County
Population: 4,237
Tax Rate: 7.82 (Tax Year 2005)
Town Profile:Town Profile for Berkley, MA
Web Site:Town Website
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View Map Of Town:Google Maps
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Listing Remarks
Wonderful Tri-Level Colonial w/farmers porch in great neighborhood in an estate setting,Open Floor Plan, Spacious Fireplaced Liv. Rm w/hwd with french doors to spacious deck, Kitchen w/island and pantry,Dining Room with built-ins, Huge Master Suite w/MB with jacuzzi, Finished rooms on third level w/skylights, Closets Galore!! Horse corrals,Multi use barn w/stalls,elec,water Great for work trucks,etc. Access to property from 2 streets. Great commuter location!!!

Listing Information
MLS #: 70953218   Status: Active
List Price: $465,000
Style: Colonial   Acres: 2.31
Lot Size: 101059 sqft.   Liv. Area: 1976 sqft.
 
Basement: Y   Garage: 0
Rooms: 7 Bedrooms: 3
Full Baths: 2
Half Baths: 0
Master Bath: Y
 
Room Information
  Room Level   Dimensions Features
  Living Room 1   25X17 Fireplace Ceiling Fans Hard Wood Floor
  Dining Room 1   13X11 Ceiling Fans
  Kitchen 1   13X12 Ceramic Tile Floor
  Master Bedroom 2   25X13 Ceiling Fans Wall to Wall Carpet
  Bedroom 2 2   25X13 Ceiling Fans Wall to Wall Carpet
  Bedroom 3 3   14X17 Skylight Wall to Wall Carpet
  OFC 3   16X14 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 Rosanne Dupont from Kelly Lewis Realty/Church Green Real Estate Services.
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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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