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MLS# 70983374 Single Family Home $859,000 Needham, 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
Needham, Massachusetts - 02492
County:Norfolk County
Population: 27,557
Tax Rate: 9.7 (Tax Year 2008)
Town Profile:Town Profile for Needham, MA
Web Site:Town Website
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Listing Remarks
Totally renovated Cape style colonial home with farmer's porch. Fabulous Birds Hill location. Open concept kitchen/dining room. Vaulted family room connects to over-sized deck. Beautifully landscaped level yard. Master suite w/closet space galore. Oversized bedrooms. Living space does not included fully finished basement - w/2 rooms, full bath and walk-out entrance - could be a wonderful au paire suite or office. Walk-up attic could be finished living space.

Listing Information
MLS #: 70983374   Status: Active
List Price: $859,000
Style: Colonial   Acres: .18
Lot Size: 8276 sqft.   Liv. Area: 2377 sqft.
 
Basement: Y   Garage: 1
Rooms: 9 Bedrooms: 4
Full Baths: 3
Half Baths: 1
Master Bath: Y
 
Room Information
  Room Level   Dimensions Features
  Living Room 1   11X21 Fireplace Hard Wood Floor
  Family Room 1   16X13 Cathedral Ceils Ceiling Fans Hard Wood Floor Balcony/Deck
  Dining Room 1   11X12 Hard Wood Floor
  Kitchen 1   20X10 Ceramic Tile Floor Granite/Solid Counters
  Master Bedroom 2   11X26 Walk-in Closet Wall to Wall Carpet
  Bedroom 2 2   16X11 Wall to Wall Carpet
  Bedroom 3 2   11X13 Wall to Wall Carpet
  Bedroom 4 2   12X9 Hard Wood Floor
  OFC 1   7X11 Ceramic Tile Floor
  OFC B   10X13 Wall to Wall Carpet
  PLY B   10X20 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 Angela Cox from Louise Condon Realty.
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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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