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All posts tagged Foreclosures

There are some key differences between a short sale and a foreclosure in today’s real estate market. Although the economy is on the up and up, many people are still faced with this decision and we hope this video clarifies some of the differences to help you make an informed decision.

5 comparison criteria:

  1. Ability to obtain a mortgage in the future
  2. Effect on credit score and credit history
  3. Possible effects on security clearances
  4. Current and future employment
  5. Deficiency judgement

Short Sales impact you less severely than foreclosures!

If You have further questions on the process or would like to schedule a free, no obligation consultation, contact us at Contact@MadrellCo.com.

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Word around town is that the big banks are going to start to foreclosing on many past due mortgages they have on their books. The feeling is they’ve been holding off until the economy shows signs of stabilizing and in many place we’re starting to see that stability. If you’re interested in locating investment opportunities through short sale and foreclosed properties, now would be a good time to start really eyeing to the market.

Here is our current Short Sale and Foreclosure list for Dorchester, MA.

197 Woodrow – Single Family
List Price: $235,853
Boston, MA : Dorchester 02124
36 Mount Ida Rd – Unit 3 List Price: $209,900
Boston, MA 02122
55 Devon Street – Unit 1 List Price: $234,900
Boston, MA : Dorchester 02121
123 Ruthven St – Unit 123 List Price: $241,000
Boston, MA : Dorchester 02121
77 Willowwood Street – 3 Family
List Price: $389,900
Boston, MA : Dorchester 02124
636-638 West Park Street – 3 Family
List Price: $424,000
Boston, MA 02124
47-49 Walnut – 3 Family
List Price: $480,000
Boston, MA 02122

Not interested in Dorchester? Are you interested in foreclosures and/or shorts sales in another area of Massachusetts? Please email (Contact@MandrellCo.com) your area(s) of interest and we can send you an updated report within a few hours.

 

 

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