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MLS# 70989463 Single Family Home $449,500 Franklin, 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
Franklin, Massachusetts - 02038
County:Norfolk County
Population: 22,095
Tax Rate: 10.23 (Tax Year 2008)
Town Profile:Town Profile for Franklin, MA
Web Site:Town Website
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Listing Remarks
METICULOUSLY MAINTAINED,this MAJESTIC COLONIAL will surprise & delight! Perched off the road w/a fantastic view. Wide Open Floor Plan. Hardwoods throughout & central air/w air purified sys. Recent updates; kitchen w/granite & stainless Jenn Air appliances, updated baths, new roof, all new Harvey vinyl clad windows. Other features; newly rebuilt front portico, vaulted family room w/bow window & fireplace,1st fl laundry & screened-in porch. Lower Level w/playroom & storage. OH SUN 11/22 FROM 1-3p

Listing Information
MLS #: 70989463   Status: Active
List Price: $449,500
Style: Colonial   Acres: 1.02
Lot Size: 44388 sqft.   Liv. Area: 2388 sqft.
 
Basement: Y   Garage: 2
Rooms: 10 Bedrooms: 4
Full Baths: 3
Half Baths: 0
Master Bath: Y
 
Room Information
  Room Level   Dimensions Features
  Living Room 1   25X15 Hard Wood Floor Balcony/Deck
  Family Room 1   21X14 Skylight Cathedral Ceils Hard Wood Floor Bay/Bow Windows
  Master Bedroom 2   18X13 Full Bath Ceiling Fans Walk-in Closet Hard Wood Floor
  PLY B   20X12




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 Paula Pollard from Country Living 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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