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MLS# 70980345 Single Family Home $1,199,000 Wellesley, 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
Wellesley, Massachusetts - 02482
County:Norfolk County
Population: 26,615
Tax Rate: 9.18 (Tax Year 2008)
Town Profile:Town Profile for Wellesley, MA
Web Site:Town Website
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Listing Remarks
Enjoy all that the Dana Hall neighborhood has to offer: steps from the Brook Path, walk to town, library, train, and Hunnewell, Wellesley Middle School and Wellesley High School. Classic 1930’s Cape with charm, generous proportion, and an open and sunny floor plan perfect for expansion. Two car side entry attached garage and a large, level yard. Wonderful opportunity to renovate or expand in sought-after neighborhood.

Listing Information
MLS #: 70980345   Status: Price Change
List Price: $1,199,000
Style: Cape   Acres: .36
Lot Size: 15666 sqft.   Liv. Area: 2176 sqft.
 
Basement: Y   Garage: 2
Rooms: 9 Bedrooms: 3
Full Baths: 2
Half Baths: 1
Master Bath: Y
 
Room Information
  Room Level   Dimensions Features
  Living Room 1   12X25 Fireplace Hard Wood Floor
  Family Room 1   10X19 Hard Wood Floor
  Dining Room 1   12X13 Hard Wood Floor
  Kitchen 1   12X12 Dining Area Pantry
  Master Bedroom 2   12X22 Fireplace Walk-in Closet Hard Wood Floor
  Bedroom 2 2   13X16 Hard Wood Floor
  Bedroom 3 2   14X16 Hard Wood Floor
  Bedroom 4 2   9X10 Hard Wood Floor
  OFC 1   8X11 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 Christine Lawrence from Rutledge Properties.
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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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