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MLS# 70789333 Single Family Home $695,000 Newburyport, 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
Newburyport, Massachusetts - 01950
County:Essex County
Population: 16,317
Tax Rate: 10.13 (Tax Year 2008)
Town Profile:Town Profile for Newburyport, MA
Web Site:Town Website
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Listing Remarks
THE GEORGE TOWLE HOUSE at 24 Congress street. Federal style. Circa 1804. Where period charm blends w/ modern convenience.Nestled in the heart of Newburyport's North End, this spacious & well cared for home offers a unique opportunity. Elegant rooms & efficient floor plan. The 4-6 br,12 room residence features a Master suite w/ dressing room,7 FP,newer systems & a large private courtyard garden w/ garage. Near Cushing and Cashman parks.

Listing Information
MLS #: 70789333   Status: Active
List Price: $695,000
Style: Other (See Remarks)   Acres: .14
Lot Size: 6100 sqft.   Liv. Area: 3380 sqft.
 
Basement: Y   Garage: 1
Rooms: 11 Bedrooms: 4
Full Baths: 1
Half Baths: 1
Master Bath:
 
Room Information
  Room Level   Dimensions Features
  Living Room 1   16X15 Fireplace
  Family Room 1   15X12 Fireplace
  Dining Room 1   16X13 Fireplace
  Kitchen 1   23X14 Fireplace
  Master Bedroom 2   16X15 Fireplace
  Bedroom 2 2   16X13 Fireplace
  Bedroom 3 2   16X15 Fireplace
  Bedroom 4 3   16X15 Fireplace
  OFC 3   16X7 Wall to Wall Carpet
  SIT 3   16X9 Wall to Wall Carpet




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 Jean-Francoi Barre from Barre International Realty, LLC.
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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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