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MLS# 70977873 Single Family Home $1,595,000 Bedford, 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
Bedford, Massachusetts - 01730
County:Middlesex County
Population: 12,996
Tax Rate: 11.29 (Tax Year 2007)
Town Profile:Town Profile for Bedford, MA
Web Site:Town Website
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Listing Remarks
Cul-de-sac setting in Bedford's prestigious Page Hill Estates! Grand, better-than-new 6,800SF Colonial on lush 1-acre. Spectacular 2-story marble Foyer. Gourmet, granite Kitchen with white cabinetry, top-of-line appliances & sunny Breakfast Area. Over-sized deck overlooks heated pool with Coy Pond & gated landscaped grounds. Spacious Master Suite with elegant entry. Finished walk-out Lower Level includes Kitchen, Cozy Great Room with fireplace, 2 Bedrooms & full Bath with steam shower.

Listing Information
MLS #: 70977873   Status: Active
List Price: $1,595,000
Style: Colonial   Acres: .91
Lot Size: 40005 sqft.   Liv. Area: 6800 sqft.
 
Basement: Y   Garage: 3
Rooms: 10 Bedrooms: 6
Full Baths: 4
Half Baths: 1
Master Bath: Y
 
Room Information
  Room Level   Dimensions Features
  Living Room 1   15X14 Hard Wood Floor
  Family Room 1   25X18 Fireplace Hard Wood Floor
  Dining Room 1   15X14 Hard Wood Floor
  Kitchen 1   20X17 Hard Wood Floor Dining Area Pantry Granite/Solid Counters
  LAUNDRY 1   9X8 Ceramic Tile Floor
  Master Bedroom 2   24X23 Full Bath Linen Closet Hard Wood Floor Granite/Solid Counters
  Bedroom 2 2   15X15 Hard Wood Floor
  Bedroom 3 2   15X14 Hard Wood Floor
  Bedroom 4 2   15X14 Hard Wood Floor
  Bedroom 5 B   12X11 Ceramic Tile Floor
  BED B   17X16 Ceramic Tile Floor
  GRT B   26X22 Fireplace Ceramic Tile Floor
  LIB 1   16X15 Hard Wood Floor
  KIT B   13X10 Ceramic Tile Floor Pantry
  FOY 1   20X14 Cathedral Ceils




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 Elizabeth Crampton from Coldwell Banker Residential Brokerage - Lexington.
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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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