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MLS# 70959953 Single Family Home $4,250,000 Southborough, 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
Southborough, Massachusetts - 01772
County:Worcester County
Population: 6,628
Tax Rate: 12.54 (Tax Year 2008)
Town Profile:Town Profile for Southborough, MA
Web Site:Town Website
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Listing Remarks
Elegant & inviting ~10,000 sf Mediterranean Style home set on 2.4 private acres w/breathtaking pastoral views of abutting conservation land. Exquisite detail & thoughtful design w/family-centered living & multiple entertainment areas including a spectacular European Spa Retreat w/In-door Lap Pool, Jacuzzi & Fitness Ctr steps away from a richly appointed Billiards Rm w/glamorous Mahogany Bar, ultimate Home Theatre & Sound System fit for an audiophile. Entertain, relax & enjoy this Southboro Gem!

Listing Information
MLS #: 70959953   Status: Active
List Price: $4,250,000
Style: Colonial Other (See Remarks)   Acres: 2.38
Lot Size: 103673 sqft.   Liv. Area: 10070 sqft.
 
Basement: Y   Garage: 4
Rooms: 14 Bedrooms: 4
Full Baths: 5
Half Baths: 2
Master Bath: Y
 
Room Information
  Room Level   Dimensions Features
  Living Room 1   20X21 Fireplace Cathedral Ceils Hard Wood Floor Bay/Bow Windows
  Family Room 1   19X18 Fireplace Wall to Wall Carpet Balcony/Deck
  Dining Room 1   18X16 Hard Wood Floor
  Kitchen 1   26X23 Ceramic Tile Floor Dining Area Pantry Granite/Solid Counters
  Master Bedroom 2   19X17 Full Bath Fireplace Ceiling Fans Walk-in Closet Wall to Wall Carpet Balcony/Deck
  Bedroom 2 2   18X15 Full Bath Wall to Wall Carpet
  Bedroom 3 2   18X11 Wall to Wall Carpet
  Bedroom 4 2   16X14 Wall to Wall Carpet
  SIT 1   22X15 Balcony/Deck
  OTH 1   56X24 Full Bath Cathedral Ceils Balcony/Deck Hot Tub/Spa Steam/Sauna
  GRM 2   36X21 Half Bath Fireplace Cathedral Ceils Hard Wood Floor Bay/Bow Windows Granite/Solid Counters
  MED 2   24X15 Wall to Wall Carpet
  EXC 1   17X16 Ceiling Fans Wall to Wall Carpet
  OFC 2   19X15 Hard Wood Floor Balcony/Deck Granite/Solid Counters




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 Gail DuBois from Keller Williams 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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