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MLS# 70978359 Single Family Home $164,000 Oxford, 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
Oxford, Massachusetts - 01540
County:Worcester County
Population: 12,588
Tax Rate: 10.6 (Tax Year 2007)
Town Profile:Town Profile for Oxford, MA
Web Site:Town Website
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Listing Remarks
Large older colonial in good condition. Eleven rooms, four bedrooms, two full baths. Hardwood floors, high ceilings and built-ins. Potential for multifamily or In Law apartment. Lots of storage space with interior access to the Barn/Garage/Workshop area. Perfect for a craftsman, hobbyist, or tradesman. Center of town location

Listing Information
MLS #: 70978359   Status: Active
List Price: $164,000
Style: Colonial   Acres: .25
Lot Size: 10890 sqft.   Liv. Area: 2884 sqft.
 
Basement: Y   Garage: 1
Rooms: 11 Bedrooms: 4
Full Baths: 2
Half Baths: 0
Master Bath: N
 
Room Information
  Room Level   Dimensions Features
  Living Room 1   13X15 Hard Wood Floor
  Family Room 1   13X15 Hard Wood Floor
  Dining Room 1   11X16 Hard Wood Floor
  Kitchen 1   12X12 Ceramic Tile Floor
  LAUNDRY 1   8X9
  Bath 1 1   8X10 Full Bath Linen Closet
  Bath 2 2   5X7 Full Bath Ceramic Tile Floor
  Master Bedroom 1   11X13 Hard Wood Floor
  Bedroom 2 2   11X13 Ceiling Fans Hard Wood Floor
  Bedroom 3 2   11X12 Hard Wood Floor
  Bedroom 4 2   12X14 Wall to Wall Carpet
  SUN 1   9X10
  KIT 2   13X14
  OTH 2   10X12
  OTH 2   11X16




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 Michael Deluca from Coldwell Banker Residential Brokerage - Worcester - Park Ave..
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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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