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MLS# 70977411 Single Family Home $549,900 Cambridge, 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
Cambridge, Massachusetts - 02141
County:Middlesex County
Population: 95,802
Tax Rate: 7.36 (Tax Year 2008)
Town Profile:Town Profile for Cambridge, MA
Web Site:Town Website
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Listing Remarks
BEST PRICE per sf single family in Cambridge! Need home office, art studio w lots of light or nanny suite w own bath? Spacious 3-level home located on quiet street adjacent to park. Completely re-done interior, freshly painted/carpeted. Kitchen w refinished cabinets, newer appl & sliders to deck/yard. Flexible floorplan w 2nd flr family room/den & 2nd fplc, exposed brick wall. Huge closets. Full bsmnt.3rd level vaulted ceilings, skylights & sliders to rooftop deck w views of park. Incl parking!

Listing Information
MLS #: 70977411   Status: Active
List Price: $549,900
Style: Colonial Antique Multi-Level   Acres: .03
Lot Size: 1663 sqft.   Liv. Area: 1930 sqft.
 
Basement: Y   Garage: 0
Rooms: 10 Bedrooms: 5
Full Baths: 2
Half Baths: 1
Master Bath: N
 
Room Information
  Room Level   Dimensions Features
  Living Room 1   13X12 Fireplace Wall to Wall Carpet
  Family Room 2   14X12 Fireplace Wall to Wall Carpet
  Dining Room 1   15X12 Wall to Wall Carpet
  Kitchen 1   15X12 Dining Area Balcony/Deck
  Master Bedroom 2   18X10 Wall to Wall Carpet
  Bedroom 2 2   14X10 Wall to Wall Carpet
  Bedroom 3 3   16X10 Skylight Cathedral Ceils Wall to Wall Carpet
  Bedroom 4 3   15X10 Skylight Cathedral Ceils Walk-in Closet Wall to Wall Carpet Balcony/Deck
  OFC 2   9X7 Wall to Wall Carpet
  BED 1   11X8 Half Bath 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 Roxanne Kazda from Keller Williams Realty Boston North West.
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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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