Foreclosures

Boston Foreclosures

Massachusetts Million Dollar Foreclosures

Saturday, August 20th, 2011

Check out this recent article on Million Dollar Foreclosure. Banks seized 335% more Million Dollar plus homes last year then compared to 2007. In 2010 there were 11 homes that were Short Sales and Foreclosed homes over a Million Dollars in Massachusetts. These High End Foreclosures had an average sale price of $1,664,091 while spending 259 days on the market. As of August of 2011, there have been 11 homes Million Dollar Plus Short Sales & Foreclosures sold in Massachusetts. The average sale price of these Massachusetts Luxury Foreclosures and Short Sales were $1,456,182 while spending 311 days on the market.

There is evidence showing that the higher end segment is starting to break. For the luxury home owner, they generally have more reserves that can help them get through some tough times, but no one is immune to market prolonged downturns. It seems that these tougher times have been going on for just a little to long.

Here are all the Million Dollar Plus Short Sales & Foreclosures that are currently for sale in Massachusetts. Email Jeffrey Chubb to view the most up to date listing inventory.

4 Jennison Circle, Natick – 5 Bedroom, 3.1 Baths – Listed for $1,000,000

38 Crestwood Drive, Wellesley – 5 Bedrooms, 2.1 Baths – Listed for $1,017,000

1 Woodbury Lane, Dartmouth – 4 Bedrooms, 5 Baths – Listed for $1,050,000

68 Hill Street, Topsfield – 4 Bedrooms, 2.1 Baths – Listed for $1,075,000

55 Shoestring Bay Road, Mashpee – 5 Bedrooms, 4.1 Baths – Listed for $1,099,000

383 Old Bedford Road, Concord – 6 Bedrooms, 5.1 Baths – Listed for $1,149,000

86 Larch Row, Wenham – 4 Bedrooms, 3.1 Baths – Listed for $1,149,000

131 North Shore, Sandwich – 4 Bedrooms, 2.1 Baths – Listed for $1,199,000

119 Lincoln Road, Wayland – 5 Bedrooms, 5.2 Baths – Listed for $1,695,000

96 Country Drive, Weston – 5 Bedrooms, 5.2 Baths – Listed for $2,095,000

198 Dean Road, Brookline – 6 Bedrooms, 6.2 Baths – Listed for $2,279,000

180 Oxbow Road, Wayland – 4 Bedrooms, 7 Baths – Listed for $2,695,000

- – - – - -

Click here to view all foreclosed homes that are currently available

Give Jeffrey Chubb of RE/MAX SELECT a call at 617-480-2600 or click here to send an email should you be thinking about buying a Massachusetts foreclosure. There are many opportunities for the buyer looking for the great deal in Massachusetts on distressed properties. Distressed properties consist of both Massachusetts Short Sales as well as Massachusetts Foreclosures.

Tags: Buying a Massachusetts Foreclosure, Buying a Massachusetts Short Sale, Foreclosures for sale in Massachusetts, Foreclosures in Massachusetts, High End Foreclosures, Luxury Foreclosure Market in Massachusetts, Luxury Foreclosures, Massachusetts Foreclosures, Massachusetts High End Foreclosures, Massachusetts High End Short Sales, Massachusetts Luxury Foreclosures, Massachusetts Luxury Short Sales, Million Dollar Foreclosures in Massachusetts, Short Sales in Massachusetts
Posted in Foreclosures | No Comments »

Short Sales & Foreclosure in & Around Boston, MA

Sunday, April 17th, 2011

Looking for the next deal in a Boston, MA Short Sale or Boston, MA Foreclosure? Take a look at these Boston Short Sales & Foreclosures that were listed in the Week of April 17th. Whether you are looking for the single family, condo or multi-family Short Sale or foreclosure in the Boston, Metro Market, then these are sure to please. If you would like to take a look at any of these homes or sign up to receive these homes the moment they are listed, then do not hesitate giving Jeffrey Chubb of RE/MAX Select a call or visiting him on the web at www.MoveWithChubb.com.

Lynn, MA Short Sales & Foreclosure

2 Bedroom Lynn Condo Short Sale – $72,000

3 Bedroom Lynn Foreclosure – $129,900

3 Bedroom Lynn Foreclosure – $189,000

4 Bedroom Lynn Short Sale – $345,900

Revere, MA Short Sales & Foreclosure

1 Bedroom Condo Revere, MA Foreclosure – $114,900

2 Bedroom Revere Short Sale – $199,900

3 Bedroom Revere Short Sale – $249,900

Boston, MA Short Sales & Foreclosure

2 Bedroom Dorchester, MA Foreclosure – $74,250

2 Bedroom Hyde Park Foreclosure – $144,900

3 Unit Multi-Family Dorchester, MA Foreclosure – $160,000

5 Bedroom East Boston Short Sale – $175,000

3 Bedroom Dorchester Short Sale – $180,000

3 Unit Dorchester, MA Multi-Unit Foreclosure – $185,400

2 Unit Dorchester, MA Multi-Family Foreclosure – $369,150

Weymouth, MA Short Sales & Foreclosures

2 Bedroom Weymouth, MA Foreclosure – Condo – $192,610

4 Bedroom Weymouth Short Sale – $249.000

Woburn, MA Short Sales & Foreclosures

2 Bedroom Woburn, MA Short Sale – $254,900

Medford, MA Short Sales & Foreclosures

4 Bedroom Medford Foreclosure – $260,000

Somerville, MA Short Sales & Foreclosures

5 Bedroom Somerville Foreclosure – $318,000

Dedham, MA Short Sales & Foreclosures

5 Bedroom Dedham Foreclosure – $339,000

Natick, MA Short Sales & Foreclosures

4 Bedroom Natick Short Sale – $350,000

Framingham, MA Short Sales & Foreclosures

3 Bedroom Framingham Short Sale – $409,900

Foxboro, MA Short Sales & Foreclosures

3 Bedroom Foxboro Foreclosure - 465,000

Quincy, MA Short Sales & Foreclosures

1 Bedroom Condo in Quincy, MA Short Sale – $149,900

Malden, MA Short Sales & Foreclosures

2 Bedroom Condo in Malden, MA Short Sale – $149,900

Brookline, MA Short Sales & Foreclosures

1 Bedroom Condo in Brookline, MA Short Sale – $289,900

Saugus, MA Short Sales & Foreclosures

3 Bedroom Townhome in Saugus, MA Short Sale – $309,900

Everett, MA Short Sales & Foreclosures

3 Unit Multi-Family in Everett, MA Short Sale – $399,000

CAUTION: PROTECT YOURSELF AGAINST MORTGAGE RELIEF SCAM

Thursday, April 14th, 2011

Did you know that the FBI reported 71% more mortgage fraud investigations in 2009 than in 2008, and that these investigations increased throughout 2010?

If you or someone you know is seeking help with an unaffordable mortgage in Massachusetts, then don’t be a victim! I have prepared a special report about how to identify offers that are only meant to scam you. Caution-Protect-Yourself-Report . This report will help explain what homeowners in Massachusetts that can no longer afford their mortgage payment should look for. While defaulting on a mortgage may not be an option, the help that you seek to save your Massachusetts home from foreclosure is. Protect yourself and be very careful of scams as unfortunately there are a lot of them out there.

WHO CAN YOU TRUST?

The Federal Trade Commission (FTC) has issued regulations safeguarding those seeking mortgage counseling and relief. I am fully compliant with FTC regulations (see disclosures*), and am someone you can trust to put your best interests first and help save your Massachusetts home from foreclosure.

Are you struggling with any of the following?

* An unaffordable mortgage

* A home worth less than the mortgage payoff amount

* A monthly shortfall (more expenses than income)

* Insolvency

* Financial hardship

I can help show you options to avoid foreclosure and how to put you back on track to financial stability. For more information and a special report, visit my website at www.MAAvoidForeclosure.com

Jeffrey Chubb is one of the area’s foremost Short Sale experts as he has spoken nationally, has been on multiple appearances on local Channel 5 news and recently was written up in Nationally syndicated Money Magazine. Visit www.MoveWithChubb.com or call him at 617-480-2600. Jeffrey Chubb, owner of RE/MAX Select.

Federal Trade Commission Disclosures

1. You may stop doing business with us at any time. You may accept or reject the offer of mortgage assistance we obtain from your lender (or servicer). If you reject the offer, you will not have to pay us for our services.

2. The above brokerage is not associated with the government, and our service is not approved by the government, and our service is not approved by the government or your lender.

3. Even if you accept this offer and use our service, your lender may not agree to change your loan.

Tags: Avoiding Foreclosure, Avoiding Foreclosure in Boston, Avoiding Foreclosure in Cambridge, Avoiding forelosure Massachusetts, Can't Pay Mortgage MA, Can't Pay Mortgage Massachusetts, Foreclosure Help in Boston MA, Foreclosure help in Cambridge, foreclosure help in MA, Foreclosure Help in Massachusetts, How Can I avoid foreclosure in Boston MA, MA foreclosure help, Massachusetts Short Sale Scams, Mortgage options MA, Mortgage Options Massachusetts, Save home from foreclosure MA, save home MA, Short Sale help MA, Short Sale Scams
Posted in Foreclosures | No Comments »

This Week’s Newly Listed Short Sales & Foreclosures in Massachusetts

Sunday, April 10th, 2011

This week we saw 123 Short Sales and Foreclosures listed for sale in Massachusetts.

Of this 123 homes, 75 were single families ranging from $39,900 in Springfield to $1.190.000 in Concord. The average listing price was $230.102. Here are a couple that I found may be interesting to take a look at…

4 Bedroom in Weymouth, MA in Need of some TLC Listed for $140,900 – Weymouth Foreclosure

2 Bedroom in Quincy, MA Steps From the Ocean Listed for $150,000 – Quincy Short Sale

2 Bedroom in Weymouth, MA Listed for $157,900 – Weymouth Foreclosure

3 Bedroom Chelsea, MA Single Family Listed for $203,000 – Chelsea Short Sale

3 Bedroom Woburn, MA Single Family on Nearly a Half Acre Listed for $209,900 – Woburn Foreclosure

4 Bedroom Dorchester, MA Over 2000 sqft Listed for $220,000 – Dorchester Short Sale

4 Bedroom Chelsea, MA Foreclosure Listed for $226,000 – Chelsea Foreclosure

3 Bedroom Melrose, MA Listed for $239,900 – Melrose Short Sale

3 Bedroom Quincy, MA Listed for $245,000 – Quincy Short Sale

3 Bedroom Roslindale, MA Listed for $265,000 – Roslindale Short Sale

2 Bedroom in Everett, MA Spanning Nearly 2000 sqft Listed for $299,900 – Everett Short Sale

5 Bedroom in Revere, MA Over 2600 sqft Listed for $319,900 – Revere Short Sale

5 Bedroom in Melrose, MA in Beautiful Condition Listed for $455,000 – Melrose Short Sale

Were you thinking about getting a good deal on a Short Sale or a Foreclosure that is a condo? Last week we had 26 new bank owned and short sale condos listed for sale in the state of Massachusetts. The average list price was $173.877 ranging from $69,900 in Haverhill to $364,900 in Woburn. Here are a couple that I found may be interesting and worth taking a look at…

2 Bedroom Condo in Lynn, MA Spanning 1137 Square Feet Listed at $136,900 – Lynn, MA Foreclosure

2 Bedroom Condo in Dorchester, MA Listed for $169,900 – Dorchester, MA Short Sale

2 Bedroom Condo in Dorchester, MA Listed for $170,000 – Dorchester, MA Foreclosure

1 Bedroom Condo in Medford, MA Listed for $179,900 – Medford, MA Short Sale

2 Bedroom Condo in Dorchester, MA Listed for $210,000 – Dorchester, MA Foreclosure

3 Bedroom Condo in Roslindale, MA Listed for $239,900 – Roslindale Short Sale

1 Bedroom Condo in Charlestown, the Navy Yard Listed for $288,400 – Charlestown Foreclosure

2 Bedroom Condo in Woburn, MA Listed for $364,900 – Woburn Foreclosure

Is it a multi-family property that you are looking to buy? There 22 new Short Sales and Foreclosed homes listed in the state of Massachusetts. Talk about some great opportunities! Of these 22 properties, the average was $242,395 with a range from $51,500 for a two family in Brockton to $469,900 in Waltham for a 4 family. Here are a few that I felt may be worth taking a look at…

2 Unit Multi-Family in Hyde Park listed at $299,900 – Hyde Park, MA Short Sale

2 Unit Multi-Family in Hull, MA listed at $309,000 – Hull Foreclosure

2 Unit Multi-Family in West Roxbury, MA listed at $350,000 – West Roxbury Short Sale

2 Unit With 3 Bed Multi-Family in Roslindale, MA listed at $399,000 – Roslindale Short Sale

2 Unit Multi-Family Property in Revere listed at $425,000 – Revere Short Sale

4 Unit Waltham Multi-Family listed at $469,900 – Waltham Foreclosure

Tags: Boston MA Foreclosure, Boston MA housing market, Boston MA real estate market, Boston MA Short Sale, Buying a Foreclosure in Boston, Buying a foreclosure in Brookline, Buying a foreclosure in Cambridge, Buying a foreclosure in Massachusetts, Buying a foreclosure in Newton, Buying a foreclosure in South Boston, Buying a Short Sale in Boston, Buying a short sale in Brookline, Buying a short sale in Cambridge, Buying a short sale in Massachusetts, Buying a Short Sale in Newton, Buying a short sale in South Boston, Foreclosures in Boston, Is now a good time to buy a house in Boston MA, MA, Real estate market it Boston MA, Short Sales in Boston, What is the real estate market like in Boston MA
Posted in Foreclosures | No Comments »

Million Dollar Homes Half Off

Friday, April 8th, 2011

Did you see the recent article on Yahoo Real Estate about Million Dollar homes being half off? It is a great read, so if not, click here to check out the original article. There is actually one home profiled in there from Dedham, MA.

This really goes to show that there are some amazing deals out there to be had in the luxury market. The Boston, MA luxury sales market has shown a lot of strength in the later part of last year which has carried into 2011. Financing is beginning to loosen (a little) and the economy is beginning to improve. With these improvements and the market picking up makes it a great time to buy a million dollar plus home in the Boston Market as there is still a lot of inventory out there for you to choose from.

People constantly are asking for the ‘deals’ out there, so here are a couple that would be well worth it to look at as they are Short Sales or Bank Owned Homes. Give Jeffrey Chubb of RE/MAX Select a call at 617-480-2600 or visit his website at www.MoveWithChubb.com for more information.

Drum roll please…

Short Sale that is 4 Bedroom in Quincy, MA for $750,000

Short Sale 2 Bedroom Condo in Newton, MA for $799,000

Short Sale that is in the South End of Boston, MA and a 3 Bedroom Townhome for $884,000

Short Sale that is a 4 Bedroom in Sudbury, MA for $949,000

Short Sale that is a 5 Bedroom in Newton, MA for $949,000

Short Sale that is a 4 Bedroom in Scituate, MA STEPS FROM THE OCEAN for $1,150,000

Bank Owned that is a 6 Bedroom home in Concord, MA for $1,190,000

Bank Owned that was built in 2009 and is a 6 Bedroom in Needham, MA spanning 5553 square feet for $1,799,000

Bank Owned spanning 6332 square feet on 1.52 acres with 5 Bedrooms in Wayland, MA for $1,949,000

Bank Owned 5 Bedroom Home with over 6,260 square feet in Weston, MA for $2,195,000

Bank Ownded 4 Bedroom Home on 8.8 acres with 6560 square feet in Wayland, MA for $2,890,000

Short Sale in Concord, MA with 6 Bedrooms on over 5 acres for $2,985,000

The best part of all of these homes and the prices… They are short sales or bank owned properties and we could even get a LARGER discount. Be prepared to make a lot of equity as the market begins to turn. Give Jeff Chubb a call at 617-480-2600 or visit him on the web at www.MoveWithChubb.com for your own private tour of distressed luxury properties today…

Tags: Buying a deal in Newton, Buying a Foreclosure in Boston, Buying a foreclosure in Brookline, Buying a foreclosure in Cambridge, Buying a foreclosure in Massachusetts, Buying a foreclosure in Newton, Buying a foreclosure in South Boston, Buying a Short Sale in Boston, Buying a short sale in Brookline, Buying a short sale in Cambridge, Buying a short sale in Massachusetts, Buying a Short Sale in Newton, Buying a short sale in South Boston, Getting a deal in Boston, Luxury Distressed Properties For Sale, Luxury Homes in Boston, Luxury Homes in Brookline, Luxury Homes in Cambridge, Luxury Homes in Massachusetts, Luxury Homes in Newton, Luxury Homes in South Boston
Posted in Buy a House, Foreclosures, Luxury Homes | No Comments »

On the Edge of Losing Your Home? Here’s a Lifeline.

Thursday, April 7th, 2011

Is anyone you know struggling to make mortgage payments? With millions facing foreclosure today, chances are someone you know is in this situation.

As an agent with the Certified Distressed Property Expert designation, I am extensively trained to help homeowners on the edge of losing their home find ways to minimize the financial impact of their situation. I can provide a lifeline of information to help regain control. I primarily help homeowners in Boston and the surrounding areas, but would be more than happy to answer any questions you may have if you are out of state.

To learn more, I’ve put together a report to explain 10 options to foreclosure, which can be downloaded on my website:

On-the-Edge-of-Losing-Your-Home-Report

Share this resource today with anyone you believe will find it helpful. Together, we can take immediate action to rescue those you care about from the brink.

Please don’t hesitate to contact me. It is my privilege to help.

Best Regards,

Jeff

Jeffrey Chubb
Owner of RE/MAX Select
617-480-2600

Visit www.MoveWithChubb.com for all of your Massachussetts Real Estate Needs and www.MAAvoidForeclosure.com for all your answers on how to avoid foreclosure in Massachussetts.

Tags: Avoiding Foreclosure, Avoiding Foreclosure in Boston, Avoiding Foreclosure in Cambridge, Avoiding forelosure Massachusetts, Foreclosure Help in Boston MA, Foreclosure help in Cambridge, Foreclosure Help in Massachusetts, How Can I avoid foreclosure in Boston MA, How Can I avoid Foreclosure in Cambridge MA, How can I avoid foreclosure in Massachusetts, MA
Posted in Foreclosures | No Comments »

Do foreclosures reduce home values?

Thursday, April 7th, 2011

Yes, verifiably, according to researchers in a recent working paper, “Forced Sales and House Prices”.

An MIT economist and two Harvard researchers analyzed 1.8 million home sales in Massachusetts (1987 to 2009), finding that “foreclosure reduces the value of a house by 27 percent, on average.”

Combine this with with their statistic that foreclosed homes make up roughly one in 12 houses with under $1 million left on the mortgage. Then consider a US Treasury statement that foreclosures can reduce surrounding home values up to 9 percent. This exposes the dramatic effect foreclosures are having on home prices−all home prices−across the country.

Is this really shocking? Perhaps the size of the decrease in value of foreclosures is shocking, but certainly not that it happens. Short sales, a transaction in which the property can avoid becoming vacant, is increasingly sought after as a solution not only for homeowners facing foreclosure, but lenders looking to recoup more of their investment. Today, CDPE-designated agents like Jeffrey Chubb of RE/MAX Unlimited are helping to facilitate hundreds of thousands of these transactions nationwide. Already this is helping communities recover and prices stabilize. This is a movement that will continue to make a difference.

Do you live in the Boston Metro Market and need assistance? Give Jeff Chubb of RE/MAX Select a call or contact him atwww.MoveWithChubb.com or find out more information on ways to avoid foreclosure at www.MAAvoidForeclosure.com.

Tags: Buying a Foreclosure in Boston, Buying a foreclosure in Brookline, Buying a foreclosure in Cambridge, Buying a foreclosure in Newton, Buying a foreclosure in South Boston, Is now a good time to buy a house in Boston MA, Real estate market it Boston MA, Should I buy a house in Boston MA, What is the real estate market like in Boston MA, When is a good time to buy a house in Boston MA
Posted in Buy a House, Foreclosures | No Comments »

Search

Boston Real Estate

Boston Hot Topics

Jeffrey Chubb
Owner

Company Info

Real Estate Tools

Boston Foreclosures

Massachusetts Million Dollar Foreclosures

Short Sales & Foreclosure in & Around Boston, MA

CAUTION: PROTECT YOURSELF AGAINST MORTGAGE RELIEF SCAM

This Week’s Newly Listed Short Sales & Foreclosures in Massachusetts

Million Dollar Homes Half Off

On the Edge of Losing Your Home? Here’s a Lifeline.

Do foreclosures reduce home values?

Find Local Homes

Market Recap

Ask Me a Question

Recently Asked Questions

Featured Listings

market alert newsletter

Archives

Search

Boston Real Estate

Boston Hot Topics

Jeffrey ChubbOwner

Company Info

Real Estate Tools

Boston Foreclosures

Massachusetts Million Dollar Foreclosures

Short Sales & Foreclosure in & Around Boston, MA

CAUTION: PROTECT YOURSELF AGAINST MORTGAGE RELIEF SCAM

This Week’s Newly Listed Short Sales & Foreclosures in Massachusetts

Million Dollar Homes Half Off

On the Edge of Losing Your Home? Here’s a Lifeline.

Do foreclosures reduce home values?

Find Local Homes

Market Recap

Ask Me a Question

Recently Asked Questions

Featured Listings

market alert newsletter

Archives

Jeffrey Chubb
Owner