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MLS# 70903494 Single Family Home $599,900 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
New Construction colonial on corner lot has been designed to create open living spaces for today's family life style. Chef's gas kitchen has granite, SS appliances and is open to family area and deck. The living room/dining is open front to rear has working gas fp w/custom mantle. A master suit has soaking tub, step in shower, white marble tiles/contertop and walk-in closets.Walkout finished lower level 17x26 family room,potential for 3rd bathroom plus a large storage area. Gas heat/HVAC.

Listing Information
MLS #: 70903494   Status: Active
List Price: $599,900
Style: Colonial   Acres: .23
Lot Size: 10318 sqft.   Liv. Area: 2900 sqft.
 
Basement: Y   Garage: 0
Rooms: 8 Bedrooms: 3
Full Baths: 2
Half Baths: 1
Master Bath: Y
 
Room Information
  Room Level   Dimensions Features
  Living Room 1   27X14 Fireplace Hard Wood Floor Dining Area
  Family Room 1   13X18 Hard Wood Floor Dining Area
  Dining Room 1   27X14 Hard Wood Floor Dining Area
  Kitchen 1   14X9 Hard Wood Floor Granite/Solid Counters
  Bath 1 1   6X3 Half Bath Hard Wood Floor Granite/Solid Counters
  Master Bedroom 2   14X14 Walk-in Closet Hard Wood Floor
  Bedroom 2 2   14X12 Hard Wood Floor
  Bedroom 3 2   14X12 Hard Wood Floor
  MED B   17X26




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 Brian Tierney from A.E. Rondeau Real Estate, Inc..
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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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