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MLS# 70899764 Single Family Home $469,900 Danvers, 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
Danvers, Massachusetts - 01923
County:Essex County
Population: 24,174
Tax Rate: 10.4 (Tax Year 2008)
Town Profile:Town Profile for Danvers, MA
Web Site:Town Website
School Research Dept. of Education  |  Independent Research
View Map Of Town:Google Maps
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Listing Remarks
Need lots of space? You've found it! This single level, well maintained home features 5+ bedrooms, skylit kitchen, spacious family rooms and a flexible floor plan. Beautiful landscaping & inground pool. Great neighborhood near town, vacation routes, theatre, shopping and more. Come see!

Listing Information
MLS #: 70899764   Status: Active
List Price: $469,900
Style: Ranch   Acres: .42
Lot Size: 18080 sqft.   Liv. Area: 2328 sqft.
 
Basement: N   Garage: 0
Rooms: 10 Bedrooms: 5
Full Baths: 2
Half Baths: 0
Master Bath: N
 
Room Information
  Room Level   Dimensions Features
  Living Room 1   12X17 Ceramic Tile Floor Bay/Bow Windows
  Family Room 1   14X13 Fireplace Ceramic Tile Floor
  Dining Room 1   13X10 Ceramic Tile Floor
  Kitchen 1   10X11 Skylight
  Bath 2 1   11X4
  Master Bedroom 1   13X9
  Bedroom 2 1   9X11 Wall to Wall Carpet
  GRT 1   12X17 Wall to Wall Carpet
  KIT 1   12X17 Ceramic Tile Floor
  BED 1   13X11 Ceramic Tile Floor
  BED 1   12X11 Ceramic Tile Floor
  BED 1   12X10 Ceramic Tile Floor




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 Tish Lentine from Coldwell Banker Residential Brokerage - Beverly.
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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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