Is there any more info on this house? Is it still on the market?

Asked by Jean, Hudson, MA Tue Apr 10, 2012

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This question is about this property: http://www.trulia.com/property/3071744606-14-Bridge-St-Bille…

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5
Heath Coker, Agent, Falmouth, MA
Wed Apr 11, 2012
The listing office is List Office: Homeowners Assistance Program (781) 860-8900 List Agent: Laura Sheedy .
The listing says it is only waiting on lender approval, but it is under agreement.
That probably means the buyer and the seller have agreed, and they are only waiting for the bank's ok to close.


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Fran Hart, Agent, Burlington, MA
Tue Apr 10, 2012
Hi Jean -

This particular listing is enticing, but the meaning of the price is not as it appears. The "list price" was $69,900, but this was really a starting price for a round-robin auction that was to follow. The assessed value is $253,800, so it is very likely that the final price will be considerably higher than the $69,900 "list price." We won't know the final price for a while, but you can bet it wasn't $69,900.

Billerica is a "good-value" community. The same home in Billerica will sell for less than if it was located in Burlington, Bedford or some of the other nearby towns. For example, there are 14 active listings in Billerica listed at $200,000 or less - there are none in Burlington.

If you are looking for an investment property, please let me know and I can give you a free comprehensive investment report that gives you all kinds of data about the quality of that investment.

Thanks - Fran
0 votes
Andrew Kaknes, Agent, Billerica, MA
Tue Apr 10, 2012
Jean,

An Offer to Purchase has been accepted on 14 Bridge St. in Billerica. The reason why this listing is remaining as ACTIVE is because their waiting for lender approval.

If you would like to see the property with the potential to submit a Back Up Offer please contact me.
0 votes
Petrina Floo…, Agent, Westwood, MA
Tue Apr 10, 2012
Perhaps you might want to look at : 4 Acanthis Rd
0 votes
Jennifer Eri…, Agent, Wilmington, MA
Tue Apr 10, 2012
This property does have an accepted offer on it from January. They are waiting for the current owner's lender to approve the short sale of the home.
0 votes
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