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MLS# 70788376 Single Family Home $999,900 Ipswich, Massachusetts  

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Foreclosures

The problems in the sub prime lending area have led to a high amount of foreclosures. If a house has been through the foreclosure process then the lending bank takes ownership of the property. When looking to buy a foreclosure the process can take a little longer than purchasing a typical property. This is because banks are not set up to sell properties and they can be slow. In addition when purchasing a foreclosure the banks typically want you to sign various legal documents to protect them from liablity if there is something wrong with the house. Like buying any property you should have a home inspection and be wary of any problems. If you do your homework buying a foreclosure can be a great investment.


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Town Summary
Ipswich, Massachusetts - 01938
County:Essex County
Population: 11,873
Tax Rate: 9.35 (Tax Year 2005)
Town Profile:Town Profile for Ipswich, MA
Web Site:Town Website
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Listing Remarks
An unbelievable value for such a luxurious, elegant home situated in the Gated Community of The Ipswich Country Club. This architect-designed 3 bedroom contemporary boast 10 rooms rich in detail. A state of the art Kitchen with Viking appliances, an open, versatile floor plan that is great for entertaining, deluxe master suite with Jacuzzi tub and steam shower, and your own personal exercise room with hot tub. Truly a Must See!!

Listing Information
MLS #: 70788376   Status: Active
List Price: $999,900
Style: Contemporary   Acres: .55
Lot Size: 23958 sqft.   Liv. Area: 5082 sqft.
 
Basement: Y   Garage: 3
Rooms: 10 Bedrooms: 3
Full Baths: 4
Half Baths: 1
Master Bath: Y
 
Room Information
  Room Level   Dimensions Features
  Living Room 1   16X24 Fireplace Hard Wood Floor
  Family Room 1   20X28 Fireplace Cathedral Ceils Hard Wood Floor Balcony/Deck
  Dining Room 1   12X19 Fireplace Hard Wood Floor Bay/Bow Windows
  Kitchen 1   17X18 Skylight Ceramic Tile Floor Pantry Granite/Solid Counters
  LAUNDRY 2   7X15 Skylight Ceramic Tile Floor
  Master Bedroom 2   16X19 Skylight Cathedral Ceils Ceiling Fans Walk-in Closet Wall to Wall Carpet
  Bedroom 2 2   15X16 Wall to Wall Carpet
  Bedroom 3 1   15X18 Linen Closet Walk-in Closet Wall to Wall Carpet
  SUN 1   10X12
  OFC 1   14X16 Hard Wood Floor
  EXC B   22X24 Ceramic Tile Floor Steam/Sauna
  OTH B   6X14 Cedar Closet




The information in this listing was gathered from third party resources including the seller and public records. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information. Content © 2005 MLS Property Information Network, Inc.
This listing is courtesy of Debra Lovelace from RE/MAX Advantage Real Estate.
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Mortgage Pre Approval and Your Credit

The first step when looking for a home is to get pre-approved for a mortgage. The seller of a property wants to know that you are approved for a mortgage and that you can indeed afford the property. There are various mortgage programs available to you. Your credit score or FICO score will greatly affect the type of home loan you are able to receive. If you have bad credit you will pay a higher rate. There are ways to improve your credit score that you should consider as this can save you thousands of dollars in interest over the course of a loan. There are also ways to repair bad credit and small things you can do to improve your credit score in a short time. As many Americans have discovered a Fixed rate mortgage is much easier to manage than an Ajustable Rate Mortgage.

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