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MLS# 70965863 Single Family Home $475,000 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 - 02462
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 solid, well maintained home built and lived in by the original owner is set upon large lot. Close to 6 major routes including the Pike, 16,128. Near Starbucks, restaurants, shops. Main level w/ gorgeous harwood floors,open floor plan w/ kitchen, big breakfast bar, dining area and living room w/ fireplace leading to back deck. Lower level is above grade w/ sliders out to yard. 1999 roof and 2008 oil burner. New bedroom and lower level carpeting just installed.

Listing Information
MLS #: 70965863   Status: Active
List Price: $475,000
Style: Raised Ranch   Acres: .23
Lot Size: 10072 sqft.   Liv. Area: 1537 sqft.
 
Basement: Y   Garage: 0
Rooms: 6 Bedrooms: 3
Full Baths: 2
Half Baths: 0
Master Bath: Y
 
Room Information
  Room Level   Dimensions Features
  Living Room 2   16X13 Hard Wood Floor
  Family Room B   21X13 Wall to Wall Carpet
  Dining Room 2   13X10 Hard Wood Floor
  Kitchen 2   15X13
  LAUNDRY B   14X6
  Master Bedroom 1   19X11 Wall to Wall Carpet
  Bedroom 2 1   11X11 Wall to Wall Carpet
  Bedroom 3 B   15X13 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 Lee Pirolli Haley from Hammond Residential R. E..
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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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