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MLS# 70979451 Single Family Home $444,000 Reading, 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
Reading, Massachusetts - 01867
County:Middlesex County
Population: 22,539
Tax Rate: 12.6 (Tax Year 2008)
Town Profile:Town Profile for Reading, MA
Web Site:Town Website
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View Map Of Town:Google Maps
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Listing Remarks
This spacious 9 room Cape in desirable WEST SIDE neighborhood boasts 4/5 bedrooms, New Brazilian Cherry floors, fireplaced living room, dining room with french doors that lead to a beautiful back yard. Newly updated sunfilled kitchen. Guest suite may be used for in-laws, home office or au pair. This area also provides a separate entrance. All this and only steps from the Barrows School. Ready to just move in!!!

Listing Information
MLS #: 70979451   Status: Active
List Price: $444,000
Style: Cape   Acres: .38
Lot Size: 16553 sqft.   Liv. Area: 1902 sqft.
 
Basement: N   Garage: 0
Rooms: 9 Bedrooms: 5
Full Baths: 2
Half Baths: 1
Master Bath: Y
 
Room Information
  Room Level   Dimensions Features
  Living Room 1   17X12 Fireplace Hard Wood Floor Bay/Bow Windows
  Family Room 1   14X10 Wall to Wall Carpet Bay/Bow Windows
  Dining Room 1   18X9 Hard Wood Floor
  Kitchen 1   15X8 Hard Wood Floor
  Master Bedroom 1   18X14 Full Bath Hard Wood Floor Bay/Bow Windows
  Bedroom 2 1   13X11 Hard Wood Floor
  Bedroom 3 1   10X10 Wall to Wall Carpet
  Bedroom 4 2   14X11 Hard Wood Floor
  Bedroom 5 2   15X9 Walk-in Closet Hard Wood Floor




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 Cheryl Volpe from Premier Realty Group, Inc..
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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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