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MLS# 70915356 Single Family Home $439,900 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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View Map Of Town:Google Maps
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Listing Remarks
Trying to decide if you should add on to your current home or move into larger home?? This 10rm,3+ bedrm home is set on a large, private lot in wonderful family neighborhood with easy access to Route 1.Excellent floor plan featuring 1/2 bath and laundry conveniently located off large, eat-in kitchen. 2nd floor has 3 bedrms, 2fullbaths + office.3rd floor has full bath and additional living space of over 900 sq.ft. With a new septic and TLC this home offers great space for the growing family.

Listing Information
MLS #: 70915356   Status: Active
List Price: $439,900
Style: Colonial   Acres: 1.01
Lot Size: 43996 sqft.   Liv. Area: 2446 sqft.
 
Basement: Y   Garage: 2
Rooms: 10 Bedrooms: 3
Full Baths: 3
Half Baths: 1
Master Bath: Y
 
Room Information
  Room Level   Dimensions Features
  Living Room 1   14X14 Hard Wood Floor Wall to Wall Carpet
  Family Room 1   16X24 Fireplace Skylight Wall to Wall Carpet Balcony/Deck
  Dining Room 1   13X12 Hard Wood Floor
  Kitchen 1   10X20 Hard Wood Floor Dining Area
  Master Bedroom 2   13X19 Full Bath Walk-in Closet Wall to Wall Carpet
  Bedroom 2 2   13X11 Wall to Wall Carpet
  Bedroom 3 2   14X11 Wall to Wall Carpet
  MED 2   12X8 Wall to Wall Carpet
  DEN 3   13X15
  OFC 3   25X18
  BTH 3   10X6 Full Bath




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 Team Member 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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