methuen real estate: Methuen MA Foreclosures and Bank Owned Homes for Sale - 09/12/10 11:39 AM
Methuen MA Foreclosures, Short Sales and Bank Owned Homes for Sale
Purchasing a home at a Methuen MA foreclosure auction has many risks to a potential buyer and in most cases the bank will bid and take possession of the property at auction. The property is then referred to as bank owned, REO (real estate owned) or foreclosed property.
A home owner may attempt a "short sale" whereby the bank agrees to accept less than the mortgage balance based on the owner's hardship and financial status. Obtaining approval can be a long and difficult process. Additionally, there is no assurance … (2 comments)

methuen real estate: Methuen Massachusetts Real Estate, MLS Property Search Tools - 11/29/09 05:02 AM
Methuen, Massachusetts Property Search Tools
Methuen MA real estate
The home buying process can be complicated and you will benefit from the guidance of industry professionals.  A real estate buyer's agent, mortgage lender and an attorney are the primary advisors in the purchase of property. If you are a first-time home buyer or an existing owner, you may qualify for a tax credit and could be eligible for special financing programs. 
Start your search be determining your price range, housing needs and lifestyle you desire.  The Methuen MA MLS map search tool provides immediate addresses and mapping so that you can search by the most important criteria - … (0 comments)