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MLS# 70923693 Single Family Home $399,900 North Andover, 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
North Andover, Massachusetts - 01845
County:Essex County
Population: 22,792
Tax Rate: 11.4 (Tax Year 2008)
Town Profile:Town Profile for North Andover, MA
Web Site:Town Website
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View Map Of Town:Google Maps
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Listing Remarks
The George Greenleaf House, c 1846 Federalist home, in the heart of historic Library Area features 3461 s.f. of living area blending traditional charm & large open family space.Sky-lit kitchen w/ granite counters,Viking stove leads to fam rm & sunrm,4-5 bedrms,media/great rm,crown moldings, bulls eye trim, private yard w/ hot tub overlooking perennial plantings.This unique property offers many possibilities, inlaw,au-pair,home office, or 2 family w/modific, w/ 2 heating systems,hot water & elec.

Listing Information
MLS #: 70923693   Status: Active
List Price: $399,900
Style: Colonial Antique   Acres: .21
Lot Size: 9148 sqft.   Liv. Area: 3461 sqft.
 
Basement: Y   Garage: 0
Rooms: 12 Bedrooms: 4
Full Baths: 3
Half Baths: 0
Master Bath:
 
Room Information
  Room Level   Dimensions Features
  Living Room 1   13X12 Hard Wood Floor
  Family Room 1   19X19 Hard Wood Floor
  Dining Room 1   14X13 Hard Wood Floor
  Kitchen 1   32X14 Skylight Cathedral Ceils Hard Wood Floor Dining Area Balcony/Deck Granite/Solid Counters
  LAUNDRY 2   13X7
  Master Bedroom 1   22X13 Walk-in Closet Cedar Closet Wall to Wall Carpet
  Bedroom 2 2   21X13 Wall to Wall Carpet
  Bedroom 3 2   12X12 Hard Wood Floor
  Bedroom 4 2   14X13 Hard Wood Floor
  SUN 1   15X12
  GRT 2   23X19 Skylight Cathedral Ceils Wall to Wall Carpet
  LIB 1   13X9 Hard Wood 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 Rosemary Smedile from Connelly 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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