HOT BROADWAY STONEHAM, MA 02180

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Description

This is a Short Sale, meaning the property is offered for sale for less than the balance owed on the property's loan. Short Sales are a great way to purchase a home at an attractive price. The list price is provided but you may present any reasonable offer.

This is an attempt at a short sale. The Cape style home is a diamond in the rough, nestled among trees, resting on almost an acre of land, the property exudes potential. The layout was meant for entertaining and now needs to be brought back to life. In the early 1980's the owner began construction on a recreation center complete with brick oven, wine cellar, and elevator shaft (see attached plans). The project was not completed. Today the structure can be used for storage, possibly an entertaining area, or finished, or removed; bring your imagination. The property is to be sold "AS-IS" and subject to 3rd party approval and seller’s acceptance of terms. As per lien holder's guidelines, no offers can be dated or reviewed by seller until 7 days from listing date. All offers due on 7/2. Buyer responsible for obtaining and paying final water bill and Smoke/CO2s at their own cost and expense. Buyer to pay 3rd party processing fee $5,000 at closing, fee cannot be financed.

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