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MLS# 70988086 Single Family Home $469,000 Medfield, 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
Medfield, Massachusetts - 02052
County:Norfolk County
Population: 10,531
Tax Rate: 12.27 (Tax Year 2007)
Town Profile:Town Profile for Medfield, MA
Web Site:Town Website
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Listing Remarks
Fantastic family neighborhood. Bright, open, spacious split with 4th bedroom potential in basement. Huge kitchen with stainless steel appliances, granite counters, pantry, and extra large eating area or additional family room that opens to deck. Features 2 fireplaces, hardwood floors though out, 2 full and 1 half baths, generous closets, sunny open floor plan for maximum living space all set on a private, wooded nearly 3/4 acre lot. Decorator colors and absolutely move-in-ready condition!

Listing Information
MLS #: 70988086   Status: Active
List Price: $469,000
Style: Split Entry   Acres: .70
Lot Size: 30615 sqft.   Liv. Area: 1990 sqft.
 
Basement: Y   Garage: 2
Rooms: 7 Bedrooms: 3
Full Baths: 2
Half Baths: 1
Master Bath: Y
 
Room Information
  Room Level   Dimensions Features
  Living Room 1   19X12 Fireplace Hard Wood Floor
  Family Room B   21X19 Fireplace Wall to Wall Carpet
  Dining Room 1   17X11 Hard Wood Floor Bay/Bow Windows
  Kitchen 1   27X11 Skylight Cathedral Ceils Ceiling Fans Hard Wood Floor Dining Area Granite/Solid Counters
  Master Bedroom 1   14X11 Full Bath Walk-in Closet Hard Wood Floor
  Bedroom 2 1   14X11 Hard Wood Floor
  Bedroom 3 1   12X10 Cathedral Ceils 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 Kelly Hinds from Century 21 Commonwealth.
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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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