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MLS# 70993305 Single Family Home $1,474,900 Burlington, 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
Burlington, Massachusetts - 01803
County:Middlesex County
Population: 23,302
Tax Rate: 9.6 (Tax Year 2008)
Town Profile:Town Profile for Burlington, MA
Web Site:Town Website
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Listing Remarks
Stately custom built Col in Foxhill featuring grand foyer & striking staircase make this home like no other. Luxury entertaining in formal liv.rm & elegant dining rm w/gorg. chandeliers, bordered cherry floors & french doors. Stunning cherry cabinet kitchen offering custom built island, stainless steel & granite. Great room w/gas FP & beaut. windows. 1st fl study. Master suite w/fireplace, 2 walkin closets, master bath w/jacuzzi, & his/her vanities. Detailed tray ceilings & moulding throughout.

Listing Information
MLS #: 70993305   Status: Active
List Price: $1,474,900
Style: Colonial   Acres: .76
Lot Size: 33207 sqft.   Liv. Area: 7264 sqft.
 
Basement: Y   Garage: 3
Rooms: 15 Bedrooms: 6
Full Baths: 6
Half Baths: 0
Master Bath: Y
 
Room Information
  Room Level   Dimensions Features
  Living Room 1   18X17 Hard Wood Floor
  Family Room 1   19X17 Fireplace Hard Wood Floor
  Dining Room 1   20X17 Hard Wood Floor
  Kitchen 1   28X19 Ceramic Tile Floor Dining Area Granite/Solid Counters French Doors Kitchen Island
  Master Bedroom 2   37X20 Full Bath Fireplace Cathedral Ceils Walk-in Closet Hard Wood Floor French Doors
  Bedroom 2 2   20X17 Walk-in Closet Hard Wood Floor
  Bedroom 3 2   22X15 Hard Wood Floor Custom Built Closet / Cabinets
  Bedroom 4 2   17X14 Hard Wood Floor Custom Built Closet / Cabinets
  Bedroom 5 2   15X14 Hard Wood Floor Custom Built Closet / Cabinets
  GRT 1   35X24 Fireplace Hard Wood Floor French Doors
  STU 1   15X15 Hard Wood Floor French Doors
  BED 1   15X14 Hard Wood Floor Custom Built Closet / Cabinets
  SIT 2   15X15 Hard Wood Floor
  GRM 3   46X29 Full Bath 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 Paula Fico from RE/MAX LEADING EDGE.
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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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