Friday, May 11, 2012

Find and Evaluate the Property, Part 3, Bank Owned Home


Foreclosed Home (Bank Owned):

Property Type: Single Family Home
Address: Perry Henderson Drive, Framingham MA 01701
Price: $304,900 
Rooms: 3 Bedrooms, 1 Bathroom - Year Built: 1985
Size: 1,700 sqft 

http://www.trulia.com/foreclosure/3084121584--Perry-Henderson-Dr-Framingham-MA-01701

http://www.trulia.com/foreclosure/schools/3084121584--Perry-Henderson-Dr-Framingham-MA-01701

http://www.familywatchdog.us/ShowMap.asp?frm=0

http://www.trulia.com/real_estate/Framingham-Massachusetts/community-info/

Are there any sexual Predators in the neighborhood? 30 Offenders, 8 Non-Mappable Offenders.

What is the violent crime rate? Please see the property and crime graphs posted below. This data is current from 2012.

What are the social demographics of your neighbors?
- 73.53% are White
- 6.46% are African American
- 7.42% are Asian
- .21% are Native American
- 12.40% Other

Is your property free of environmental hazards, noise pollution, and other issues? Yes.

How good are the schools? Framingham has a public school system with the following ratings. Elementary School .33 miles away with a 6/10 rating. Middle School .33 miles away with a 6/10 ratings. Lastly, High School 1.15 miles away with a 7/10 rating. 

Are there good hospitals nearby? Metro West Medical Center, located in Framingham, Ma.

How efficient and transparent is your local government? In my opinion, governments are never as “truthful and reliable” as they may seem.

How does this compare to other homes on the market?
This home is also much older than the original home mentioned. This home has unfortunately been foreclosed. This happens to families that cannot keep up with their mortgage payments and they are forced to have their home purchased by the bank.

Well or Septic? (Why is Massachusetts is this important?)
Having a well allows your water source to be close to home and less expensive than relying on a public system.

Septic Systems call for a decent amount of maintenance overtime however it is still less expensive than utilizing a public sewage system.


   

Find and Evaluate the Property, Part 2, Summer Home


Summer Home:

Property Type: Multi Family Home
Address: 58 Lexington Avenue, Gloucester MA 01930
Price: $875,000 - Estimated Payment: $4,260/Month - Price/sqft: $438
Rooms: 4 Bedrooms, 4 Bathrooms - Year Built: 1957
Size: 2,000 sqft – Lot: .46 Acres

http://www.trulia.com/property/3084301098-58-Lexington-Ave-Gloucester-MA-01930

http://www.familywatchdog.us/ShowMap.asp?frm=0

http://www.trulia.com/property/schools/3084301098-58-Lexington-Ave-Gloucester-MA-01930

http://www.bestplaces.net/people/zip-code/massachusetts/gloucester/01930

Are there any sexual Predators in the neighborhood? 12 Offenders, 3 Non-Mappable Offenders.

What is the violent crime rate? Please see the property and crime graphs posted below. This data is current from 2012.

What are the social demographics of your neighbors?
- 95.13% are White
- 1.12% are African American
- 1.12% are Asian
- .14% are Native American
- 2.48% Other

Is your property free of environmental hazards, noise pollution, and other issues? Yes.

How good are the schools? Schools are available but we would not need to utilize them since this would be our “summer” home when school is not in session. However, the public schools are rated 10/10 for Elementary School, 7/10 for Middle School, and 7/10 for High School.
Are there good hospitals nearby? Cape Ann Medical Center, located in Gloucester, Ma.

How efficient and transparent is your local government? In my opinion, governments are never as “truthful and reliable” as they may seem.

How does this compare to other homes on the market?
This home is much older than the first house that was presented. However, this home allows the residents to live right by the water all year round especially during the summers!

Well or Septic? (Why is Massachusetts is this important?)
Having a well allows your water source to be close to home and less expensive than relying on a public system.

Septic Systems call for a decent amount of maintenance overtime however it is still less expensive than utilizing a public sewage system.



   

Find and Evaluate the Property, Part 1, Permanent Home


Permanent Home:

Property Type: Single Family Home
Address: 10 Hartford Street, Bedford MA 01730
Price: $1,149,000 - Estimated Payment: $5,593/Month - Price/sqft: $267
Rooms: 5 Bedrooms, 4.5 Bathrooms - Year Built: 2012
Size: 4,300 sqft – Lot: 10,600 sqft

http://www.trulia.com/property/3010553676-10-Hartford-St-Bedford-MA-01730

http://www.bestplaces.net/people/zip-code/massachusetts/bedford/01730

http://www.trulia.com/real_estate/Bedford-Massachusetts/community-info/

http://www.trulia.com/property/schools/3010553676-10-Hartford-St-Bedford-MA-01730

http://www.familywatchdog.us/ShowMap.asp?frm=0

Are there any sexual Predators in the neighborhood? 29 Offenders, 7 Non-Mappable Offenders

What is the violent crime rate? Please see the property and crime graphs posted below. This data is current from 2012.

What are the social demographics of your neighbors?
- 89.15% are White
- 1.33% are African American
- 7.49% are Asian
- .22% are Native American
- 1.81% Other

Is your property free of environmental hazards, noise pollution, and other issues? Yes.

How good are the schools? The following schools are public schools that are the closest to home. Elementary school is 1.91 miles away with a 9/10 rating. Middle School is .41 miles away with a 9/10 rating. Lastly, High School is .43 miles away with a 9/10 rating.

Are there good hospitals nearby? Edith Nourse Rogers Memorial Veterans Hospital, located in Bedford, Ma. 

How efficient and transparent is your local government? In my opinion, governments are never as “truthful and reliable” as they may seem.

How does this compare to other homes on the market?
This particular home was recently built in 2012 and is quite expensive compared to many of the other lots available.

Well or Septic? (Why is Massachusetts is this important?)
Having a well allows your water source to be close to home and less expensive than relying on a public system.

Septic Systems call for a decent amount of maintenance overtime however it is still less expensive than utilizing a public sewage system.