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.


   

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