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MLS# 70876975 Single Family Home $719,900 Newbury, 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
Newbury, Massachusetts - 01951
County:Essex County
Population: 5,623
Tax Rate: 8.57 (Tax Year 2008)
Town Profile:Town Profile for Newbury, MA
Web Site:Town Website
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Listing Remarks
New quality home now being built in a beautiful wooded 50 acre cul de sac, in Newbury's 1st Open Space Development. Total of 9 private wooded lots in this great neighborhood, within mins. to commuter rail, downtown Newburyport, Plum Island, and 95/1. Walk-up attic, 2 x 6 exterior walls, Rinnai Hot Water system,interior sprinkler fire-protection, Andersen Windows. Time to customize for finishing details. Could be completed in 90 days. Call today!

Listing Information
MLS #: 70876975   Status: Active
List Price: $719,900
Style: Colonial   Acres: .47
Lot Size: 20563 sqft.   Liv. Area: 3100 sqft.
 
Basement: Y   Garage: 2
Rooms: 9 Bedrooms: 4
Full Baths: 2
Half Baths: 1
Master Bath: Y
 
Room Information
  Room Level   Dimensions Features
  Living Room 1   12X14 Hard Wood Floor
  Family Room 1   22X16 Fireplace Hard Wood Floor
  Dining Room 1   12X15 Hard Wood Floor
  Kitchen 1   23X13 Hard Wood Floor Dining Area Balcony/Deck Granite/Solid Counters
  Bath 1 2   9X12 Full Bath Linen Closet Ceramic Tile Floor Hot Tub/Spa
  Bath 2 2   6X9 Full Bath Ceramic Tile Floor
  Bath 3 1   5X8 Half Bath Ceramic Tile Floor
  Master Bedroom 2   19X13 Full Bath Linen Closet Walk-in Closet Wall to Wall Carpet Hot Tub/Spa
  Bedroom 2 2   14X13 Walk-in Closet Wall to Wall Carpet
  Bedroom 3 2   12X15 Walk-in Closet Wall to Wall Carpet
  Bedroom 4 2   12X13 Walk-in Closet Wall to Wall Carpet
  SIT 2   11X8 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 Jennifer Kowalski from Confalone Construction.
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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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