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MLS# 70995767 Single Family Home $259,900 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
**$20,000 PRICE REDUCTION** You can own this 7 rm, 3 bdrm, 1 bath ranch featuring a newer sun-filled 20x7 bonus rm, with C/T,C/F, Insul. Doors w/built-in-blinds. The eat-in kitchen is spacious W/newer flooring. L/R offers w/w with many windows for natural sunlight which overlooks D/R with H/W & built in corner hutch.The attic and basement offer additional storage. Exterior is vinyl sided W/newer windows, handicapped ramp and Garage on large corner lot. Don't miss out on the Tax Credit!!

Listing Information
MLS #: 70995767   Status: Active
List Price: $259,900
Style: Ranch   Acres: .31
Lot Size: 13503 sqft.   Liv. Area: 1072 sqft.
 
Basement: Y   Garage: 1
Rooms: 7 Bedrooms: 3
Full Baths: 1
Half Baths: 0
Master Bath: N
 
Room Information
  Room Level   Dimensions Features
  Living Room 1   19X12 Wall to Wall Carpet Main Level
  Dining Room 1   14X9 Custom Built Closet / Cabinets Main Level Wood Floor
  Kitchen 1   16X14 Full Bath Main Level Vinyl Flooring
  Bath 1 1   7X6 Full Bath Linen Closet Ceramic Tile Floor Main Level
  Master Bedroom 1   12X11 Wall to Wall Carpet Closet Main Level
  Bedroom 2 1   13X10 Wall to Wall Carpet Closet Main Level
  Bedroom 3 1   11X9 Wall to Wall Carpet Closet Main Level
  OTH 1   20X7 Ceiling Fans Ceramic Tile Floor Main Level




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 Josephine Porter from RE/MAX Prestige.
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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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