What is going on with 101 Crooked Lane in Lakeville, MA?

Asked by D, 02347 Wed Nov 4, 2009

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Tracy Shand,…, Agent, Lakeville, MA
Thu Nov 5, 2009
Hi 'D Home Buyer' from 02347,

If you go to Town Hall BOH office, and ask to see the file for this address: you will find that the Title V inspection has failed. The next step would be a percolation test. After that, it costs thousands to have an engineer design the septic plan that will be installed in the future. Then the proposed plans must be approved by the Town. Then you get estimates from installers so you know how much it will cost you to repair/replace the septic.

This home was offered for sale, over last Spring, as a 'short sale'. This means that from the seller's current market value of the home, there will be a shortage from paying off his mortgages. The sale will require the owner's lender's approval, (that they will accept LESS than the payoff amounts). Since that hasn't happened in the last six months, the mortgage may be in default. If you research in the public record about foreclosure notices, you may find more information about how to proceed.

Why not ask the owner if it is available? Maybe their financial situation has improved, and there is no longer a reason for them to sell it?

Hope this is helpful...if YOU have an update or additional information for me about this home on the corner of Route 18 and Crooked Lane, please contact me. Take care, Tracy 508-692-4091
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