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MLS# 70944537 Single Family Home $218,900 Leicester, 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
Leicester, Massachusetts - 01611
County:Worcester County
Population: 10,191
Tax Rate: 9.38 (Tax Year 2008)
Town Profile:Town Profile for Leicester, MA
Web Site:Town Website
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Listing Remarks
VERY DECEIVING - NOT A DRIVE-BY!! SEEKING NEW OWNERS for Sunny,Spacious 3 bedroom Ranch featuring NEW WINDOWS, ROOF (04),Walk-out LL with energy efficient NEW PELLET STOVE, wet bar, family room,bath, office, separate laundry area, storage and more. Situated on approx. 1/2 acre, landscaped with perennials, large private backyard excellent for socializing, relaxing or gardening.TAKE ADVANTAGE OF TAX CREDIT EXTENSION AND EXPANSION Mins to rtes 9,20,56,290, MAPIKE. Welcoming Neighborhood!,

Listing Information
MLS #: 70944537   Status: Active
List Price: $218,900
Style: Ranch   Acres: .46
Lot Size: 20037 sqft.   Liv. Area: 1848 sqft.
 
Basement: Y   Garage: 0
Rooms: 7 Bedrooms: 3
Full Baths: 1
Half Baths: 1
Master Bath: N
 
Room Information
  Room Level   Dimensions Features
  Living Room 1   18X12 Ceiling Fans Bay/Bow Windows
  Family Room B   20X19 Wood/Coal Stove Ceramic Tile Floor Wet bar
  Dining Room 1   11X12 Wall to Wall Carpet Balcony/Deck
  Kitchen 1   13X8 Pantry Vinyl Flooring
  Bath 1 1   5X5 Skylight
  Bath 2 B   7X4 Ceramic Tile Floor
  Master Bedroom 1   12X11 Ceiling Fans Wall to Wall Carpet Closet
  Bedroom 2 1   11X12 Wall to Wall Carpet Closet
  Bedroom 3 1   11X11 Wall to Wall Carpet Closet
  OFC B   10X11




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 Nancy Gilmour from Coldwell Banker Residential Brokerage - Shrewsbury .
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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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