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MLS# 70983632 Single Family Home $489,900 Hanover, 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
Hanover, Massachusetts - 02339
County:Plymouth County
Population: 11,912
Tax Rate: 10.61 (Tax Year 2008)
Town Profile:Town Profile for Hanover, MA
Web Site:Town Website
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Listing Remarks
Working HORSE FARM abuts conservation land & riding trails. Charming antique home with lots of character, cherry kitchen w/ center island seats 7, large living room & dining room each w/ fireplace & wood flooring, 2 baths, 3 bedrooms w/wood floors, att. bzway & 2 car garage, lg 2-level mahogany & trex deck. Horse barn w/6 stalls, tack room, shavings storage rm, hay loft, electric & water. Full size (60x20 meters) dressage ring w/lights, one grass and two dirt paddocks, 3 sheds. SEE VISUAL TOUR!

Listing Information
MLS #: 70983632   Status: Active
List Price: $489,900
Style: Antique   Acres: 1.74
Lot Size: 75794 sqft.   Liv. Area: 1514 sqft.
 
Basement: Y   Garage: 2
Rooms: 6 Bedrooms: 3
Full Baths: 2
Half Baths: 0
Master Bath: N
 
Room Information
  Room Level   Dimensions Features
  Living Room 1   22X13 Fireplace
  Dining Room 1   14X13 Fireplace
  Kitchen 1   20X14
  Master Bedroom 2   14X13
  Bedroom 2 2   20X10
  Bedroom 3 2   15X10




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 Dan Majkut from Realty Executives Metro South.
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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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